Enviri Corporation (NVRI) Income Statement
NVRI 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsNVRI revenue and net income
Where NVRI's revenue goes
2025Each bar shows an amount and its share of revenue. NVRI kept −18.0% of revenue as net income.
NVRI profit margins
NVRI growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −9.7% | −12.5% | −3.8% | −3.0% |
| Gross profit | −12.2% | −19.5% | −10.8% | −7.7% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
NVRI quarterly EPS vs estimates
Enviri beat the analyst EPS estimate in 4 of the last 8 quarters. Next report: November 5, 2026 (estimate $-0.37).
NVRI income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.27B | $1.40B | $1.44B | $1.89B | $1.85B | $1.53B | $1.20B | $1.72B | $1.61B | $1.45B |
| Cost of revenue | $1.10B | $1.21B | $1.22B | $1.57B | $1.49B | $1.24B | $930.1M | $1.29B | $1.22B | $1.17B |
| Gross profit | $164.9M | $187.8M | $220.3M | $315.9M | $357.8M | $291.7M | $274.3M | $433.6M | $386.3M | $280.8M |
| Research & development | $2.7M | $3.5M | $2.7M | $690,000 | $956,000 | $534,000 | $886,000 | $5.5M | $4.2M | $4.3M |
| Sales, general & admin | $382.0M | $359.4M | $312.4M | $268.1M | $272.2M | $327.9M | $253.0M | $238.7M | $234.7M | $200.4M |
| Total operating expenses | $212.5M | $189.5M | $177.8M | $268.8M | $269.5M | $295.0M | $197.9M | $244.2M | $238.9M | $204.7M |
| Operating income | −$47.6M | −$1.6M | $42.5M | $47.2M | $88.4M | −$3.3M | $76.4M | $190.9M | $142.8M | $63.5M |
| Interest income | $2.2M | $6.8M | $6.7M | $3.6M | $2.2M | $2.2M | $2.0M | $2.2M | $2.5M | $2.5M |
| Interest expense | $106.2M | $109.0M | $106.0M | $70.9M | $63.2M | $54.6M | $35.9M | $22.7M | $29.1M | $51.6M |
| Income before taxes | −$191.6M | −$161.5M | −$104.7M | −$123.1M | $37.2M | −$54.0M | $31.3M | $157.3M | $95.5M | −$79.5M |
| Income taxes | $27.1M | $22.7M | $29.4M | $10.4M | $9.1M | −$8.7M | $12.7M | $12.9M | $83.8M | $6.6M |
| Net income | −$228.1M | −$194.9M | −$137.2M | −$180.1M | −$3.2M | −$26.3M | $503.9M | $137.1M | $7.8M | −$85.7M |
| EBITDA | $34.9M | $70.2M | $130.1M | $211.0M | $267.4M | $219.7M | $221.3M | $260.1M | $239.5M | $113.6M |
| EPS (diluted) | −$0.82 | −$0.39 | −$0.12 | $0.11 | $0.85 | $0.49 | $1.08 | $1.31 | $0.73 | $0.48 |
| Gross margin | 13.0% | 13.4% | 15.3% | 16.7% | 19.4% | 19.0% | 22.8% | 25.2% | 24.0% | 19.3% |
| Operating margin | −3.8% | −0.1% | 3.0% | 2.5% | 4.8% | −0.2% | 6.3% | 11.1% | 8.9% | 4.4% |
| Net margin | −18.0% | −13.9% | −9.5% | −9.5% | −0.2% | −1.7% | 41.8% | 8.0% | 0.5% | −5.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $187.3M | $549.8M | $359.1M | $574.8M | $316.0M | $547.9M | $558.7M | $573.6M | $610.0M | $600.3M | $599.3M | $524.6M |
| Cost of revenue | $345.6M | $444.2M | $473.1M | $454.3M | $283.2M | $424.8M | $489.4M | $454.7M | $480.2M | $478.3M | $518.5M | $396.6M |
| Gross profit | −$158.2M | $105.6M | −$114.1M | $120.5M | $32.7M | $123.1M | $69.3M | $118.9M | $129.8M | $122.1M | $80.9M | $128.0M |
| Research & development | $654,000 | $465,000 | $710,000 | $878,000 | $775,000 | $467,000 | $1.3M | $888,000 | $943,000 | $861,000 | $1.0M | $271,000 |
| Sales, general & admin | $49.1M | $91.5M | $104.1M | $93.3M | $95.5M | $89.1M | $92.6M | $89.2M | $94.6M | $95.5M | $90.1M | $89.8M |
| Total operating expenses | $86.2M | $104.8M | $104.8M | $104.0M | $56.9M | $89.6M | $132.0M | $81.5M | $98.5M | $96.2M | $175.2M | $84.7M |
| Operating income | −$244.4M | $793,000 | −$218.9M | $16.5M | −$24.2M | $33.6M | −$62.7M | $37.4M | $31.3M | $25.8M | −$94.4M | $43.4M |
| Interest income | $580,000 | $473,000 | $715,000 | $552,000 | $470,000 | $454,000 | $682,000 | $981,000 | $3.4M | $1.7M | $2.0M | $1.7M |
| Interest expense | $8.2M | $27.8M | $35.4M | $28.4M | $8.7M | $26.6M | $30.3M | $29.7M | $28.8M | $29.0M | $31.9M | $28.3M |
| Income before taxes | −$256.3M | −$32.8M | −$72.2M | −$19.1M | −$45.6M | −$4.6M | −$96.0M | $2.3M | −$203,000 | −$7.8M | −$49.0M | −$3.7M |
| Income taxes | $40.5M | −$24.4M | $10.4M | $1.1M | −$905,000 | $2.0M | −$14.3M | $13.4M | $10.0M | $7.9M | $4.0M | $4.1M |
| Net income | −$396.0M | −$10.7M | −$84.3M | −$22.3M | −$47.8M | −$9.0M | −$83.2M | −$13.2M | −$13.6M | −$18.0M | −$54.4M | −$10.8M |
| EBITDA | −$205.9M | $43.3M | −$171.3M | $55.4M | $24.0M | $50.3M | −$24.5M | $76.6M | $72.6M | $65.6M | $26.6M | $87.1M |
| EPS (diluted) | −$0.63 | −$0.13 | −$0.17 | −$0.28 | −$0.22 | −$0.15 | −$0.04 | −$0.16 | $0.02 | −$0.21 | −$0.07 | $0.05 |
| Gross margin | −84.5% | 19.2% | −31.8% | 21.0% | 10.4% | 22.5% | 12.4% | 20.7% | 21.3% | 20.3% | 13.5% | 24.4% |
| Operating margin | −130.5% | 0.1% | −61.0% | 2.9% | −7.7% | 6.1% | −11.2% | 6.5% | 5.1% | 4.3% | −15.7% | 8.3% |
| Net margin | −211.4% | −1.9% | −23.5% | −3.9% | −15.1% | −1.6% | −14.9% | −2.3% | −2.2% | −3.0% | −9.1% | −2.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in NVRI's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
NVRI financial results
In fiscal year 2025 (ended December 31, 2025), Enviri reported revenue of $1.3 billion, down 9.7% from the year before. It had a net loss of $228.1 million, a net profit margin of −18.0%. Diluted earnings per share came to −$0.82. Over five years revenue grew at an average rate of −3.8% a year.
See the NVRI stock overview for the latest quote and news, or the NVRI chart for price history and technical indicators.
NVRI income statement FAQ
What is Enviri's annual revenue?
Enviri reported total revenue of $1.3 billion for fiscal year 2025, which ended on December 31, 2025. That was down 9.7% from $1.4 billion the previous year.
Is Enviri profitable?
No. Enviri reported a net loss of $228.1 million in fiscal 2025, a net profit margin of −18.0%; its operating margin was −3.8%.
What is Enviri's gross margin?
Enviri's gross margin was 13.0% in fiscal 2025: for every $100 of revenue, Enviri kept $13 after the direct cost of its products and services.
How much does Enviri spend on research and development?
Enviri spent $2.7 million on research and development in fiscal 2025, 0.2% of revenue.
How fast is Enviri growing?
Revenue grew −3.8% a year on average over the last five fiscal years, from $1.5 billion to $1.3 billion.
What are Enviri's earnings per share?
Enviri earned $-0.82 per diluted share in fiscal 2025, compared with $-0.39 a year earlier.
When will Enviri report its next earnings?
Enviri is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 before the market opens.
When does Enviri's fiscal year end?
Enviri's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.