ENVIRI Corp Q1 Revenue Surges on Service and Product Growth
Ticker: NVRI · Form: 10-Q · Filed: May 1, 2025 · CIK: 45876
Sentiment: bullish
Topics: earnings, revenue-growth, 10-Q
TL;DR
ENVIRI Q1 revenue explodes to $85M (service) + $17M (product) vs. $40M/$2.5M last year. Big jump!
AI Summary
ENVIRI Corp filed a 10-Q for the period ending March 31, 2025. The company reported Service Revenue of $85.0 million for the first quarter of 2025, a significant increase from $40.0 million in the same period of 2024. Product revenue also saw a rise from $2.50 million in Q1 2024 to $17.0 million in Q1 2025.
Why It Matters
The substantial increase in both service and product revenue suggests strong operational performance and market demand for ENVIRI Corp's offerings, potentially indicating future profitability.
Risk Assessment
Risk Level: medium — While revenue growth is positive, the filing does not provide details on profitability or debt, which are crucial for a complete risk assessment.
Key Numbers
- $85.0B — Q1 2025 Service Revenue (Represents a significant increase from the prior year's Q1.)
- $17.0B — Q1 2025 Product Revenue (Shows strong growth in product sales compared to Q1 2024.)
- $40.0B — Q1 2024 Service Revenue (Baseline for comparison of service revenue growth.)
- $2.50B — Q1 2024 Product Revenue (Baseline for comparison of product revenue growth.)
Key Players & Entities
- ENVIRI Corp (company) — Filer of the 10-Q
- HARSCO CORP (company) — Former company name
- 85.0 (dollar_amount) — Q1 2025 Service Revenue
- 40.0 (dollar_amount) — Q1 2024 Service Revenue
- 2.50 (dollar_amount) — Q1 2024 Product Revenue
- 17.0 (dollar_amount) — Q1 2025 Product Revenue
- 2025-03-31 (date) — End of reporting period
- 2025-01-01 (date) — Start of reporting period
FAQ
What was ENVIRI Corp's Service Revenue for the first quarter of 2025?
ENVIRI Corp's Service Revenue for the first quarter of 2025 was $85.0 million.
How did ENVIRI Corp's Product Revenue change from Q1 2024 to Q1 2025?
ENVIRI Corp's Product Revenue increased from $2.50 million in Q1 2024 to $17.0 million in Q1 2025.
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is March 31, 2025.
What was ENVIRI Corp's Service Revenue for the first quarter of 2024?
ENVIRI Corp's Service Revenue for the first quarter of 2024 was $40.0 million.
What was ENVIRI Corp's former company name?
ENVIRI Corp's former company name was HARSCO CORP.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 1, 2025 regarding ENVIRI Corp (NVRI).