Perma-Fix Environmental Services, Inc. (PESI) Income Statement
PESI 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsPESI revenue and net income
Where PESI's revenue goes
2025Each bar shows an amount and its share of revenue. PESI kept −22.3% of revenue as net income.
PESI profit margins
PESI growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +4.3% | −4.4% | −10.2% | −0.1% |
| Gross profit | +295,700.0% | −14.9% | −17.9% | −8.5% |
| 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.
PESI quarterly EPS vs estimates
Perma-Fix Environmental Services beat the analyst EPS estimate in 1 of the last 8 quarters. Next report: November 9, 2026 (estimate $-0.21).
PESI income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $61.7M | $59.1M | $89.7M | $70.6M | $72.2M | $105.4M | $73.5M | $49.5M | $49.8M | $51.2M |
| Cost of revenue | $55.8M | $59.1M | $73.4M | $61.0M | $65.4M | $89.5M | $57.5M | $41.1M | $41.1M | $44.1M |
| Gross profit | $5.9M | $2,000 | $16.4M | $9.6M | $6.8M | $15.9M | $15.9M | $8.5M | $8.6M | $7.1M |
| Research & development | $1.3M | $1.2M | $561,000 | $336,000 | $746,000 | $762,000 | $750,000 | $1.4M | $1.6M | $2.0M |
| Sales, general & admin | $16.4M | $14.5M | $14.6M | $14.7M | $12.8M | $11.8M | $11.9M | $10.7M | $11.1M | $10.7M |
| Total operating expenses | $17.6M | $15.7M | $15.6M | $15.0M | $13.6M | $12.6M | $12.9M | $12.1M | $12.7M | $12.8M |
| Operating income | −$11.7M | −$15.7M | $756,000 | −$5.4M | −$6.8M | $3.3M | $3.0M | −$3.6M | −$4.7M | −$15.8M |
| Interest income | $1.1M | $921,000 | $475,000 | $99,000 | $26,000 | $140,000 | $337,000 | $295,000 | $140,000 | $110,000 |
| Interest expense | $314,000 | $539,000 | $416,000 | $175,000 | $247,000 | $692,000 | $640,000 | $289,000 | $210,000 | $487,000 |
| Income before taxes | −$10.7M | −$15.1M | $935,000 | −$3.6M | −$2.8M | $3.0M | $2.9M | −$2.0M | −$4.8M | −$16.3M |
| Income taxes | — | $4.4M | $17,000 | −$378,000 | −$3.9M | −$189,000 | $157,000 | −$936,000 | −$1.3M | −$3.0M |
| Net income | −$13.8M | −$20.0M | $485,000 | −$3.8M | $835,000 | $2.9M | $2.3M | −$1.4M | −$3.7M | −$13.4M |
| EBITDA | −$8.6M | −$12.9M | $3.8M | −$1.3M | −$864,000 | $5.0M | $4.6M | −$304,000 | −$738,000 | −$11.6M |
| EPS (diluted) | −$0.58 | −$1.30 | −$0.21 | −$0.10 | $0.10 | $0.27 | $0.09 | $0.05 | −$0.41 | −$0.90 |
| Gross margin | 9.6% | 0.0% | 18.2% | 13.6% | 9.5% | 15.1% | 21.7% | 17.1% | 17.3% | 13.8% |
| Operating margin | −19.0% | −26.5% | 0.8% | −7.6% | −9.4% | 3.2% | 4.0% | −7.3% | −9.5% | −30.8% |
| Net margin | −22.3% | −33.8% | 0.5% | −5.4% | 1.2% | 2.7% | 3.2% | −2.9% | −7.4% | −26.2% |
| 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 | $12.9M | $11.1M | $15.7M | $17.5M | $14.6M | $13.9M | $14.7M | $16.8M | $14.0M | $13.6M | $22.7M | $21.9M |
| Cost of revenue | $15.4M | $14.0M | $14.5M | $14.9M | $13.0M | $13.3M | $14.1M | $15.5M | $15.3M | $14.2M | $18.4M | $17.3M |
| Gross profit | −$2.5M | −$2.9M | $1.2M | $2.5M | $1.5M | $657,000 | $594,000 | $1.3M | −$1.3M | −$620,000 | $4.3M | $4.5M |
| Research & development | $253,000 | $303,000 | $254,000 | $342,000 | $312,000 | $383,000 | $300,000 | $303,000 | $273,000 | $296,000 | $221,000 | $120,000 |
| Sales, general & admin | $3.8M | $4.3M | $4.2M | $4.1M | $4.1M | $4.0M | $3.9M | $3.6M | $3.5M | $3.5M | $4.0M | $3.9M |
| Total operating expenses | $4.0M | $4.6M | $4.4M | $4.4M | $4.4M | $4.4M | $4.2M | $3.9M | $3.7M | $3.8M | $4.3M | $4.1M |
| Operating income | −$6.5M | −$7.5M | −$3.2M | −$1.9M | −$2.9M | −$3.7M | −$3.6M | −$2.6M | −$5.0M | −$4.5M | −$9,000 | $496,000 |
| Interest income | $203,000 | $180,000 | $222,000 | $266,000 | $301,000 | $335,000 | $242,000 | $292,000 | $213,000 | $174,000 | $161,000 | $146,000 |
| Interest expense | $73,000 | $80,000 | $21,000 | $116,000 | $145,000 | $132,000 | $146,000 | $139,000 | $125,000 | $129,000 | $147,000 | $125,000 |
| Income before taxes | −$6.3M | −$7.4M | −$2.8M | −$1.8M | −$2.6M | −$3.5M | −$3.4M | −$2.4M | −$4.9M | −$4.4M | $934,999 | $500,000 |
| Income taxes | — | — | — | — | — | — | $135,000 | $6.4M | −$1.2M | −$956,000 | $464,999 | $254,000 |
| Net income | −$6.2M | −$7.5M | −$5.7M | −$1.8M | −$2.7M | −$3.6M | −$3.5M | −$9.0M | −$4.0M | −$3.6M | $81,000 | $341,000 |
| EBITDA | −$5.7M | −$6.8M | −$2.3M | −$1.2M | −$2.5M | −$2.9M | −$3.1M | −$1.8M | −$4.6M | −$3.9M | $512,000 | $1.3M |
| EPS (diluted) | −$0.32 | −$0.40 | −$0.15 | −$0.10 | −$0.14 | −$0.19 | −$0.22 | −$0.56 | −$0.26 | −$0.26 | $0.04 | $0.02 |
| Gross margin | −19.4% | −25.9% | 7.6% | 14.6% | 10.6% | 4.7% | 4.0% | 7.9% | −9.3% | −4.6% | 18.9% | 20.8% |
| Operating margin | −50.5% | −67.3% | −20.6% | −10.7% | −19.8% | −26.8% | −24.4% | −15.5% | −36.0% | −32.8% | −0.0% | 2.3% |
| Net margin | −48.1% | −67.3% | −36.0% | −10.5% | −18.6% | −25.7% | −23.7% | −53.4% | −28.2% | −26.1% | 0.4% | 1.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in PESI's financial statements (latest annual report filed March 24, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
PESI financial results
In fiscal year 2025 (ended December 31, 2025), Perma-Fix Environmental Services reported revenue of $61.7 million, up 4.3% from the year before. It had a net loss of $13.8 million, a net profit margin of −22.3%. Diluted earnings per share came to −$0.58. Over five years revenue grew at an average rate of −10.2% a year.
See the PESI stock overview for the latest quote and news, or the PESI chart for price history and technical indicators.
PESI income statement FAQ
What is Perma-Fix Environmental Services's annual revenue?
Perma-Fix Environmental Services reported total revenue of $61.7 million for fiscal year 2025, which ended on December 31, 2025. That was up 4.3% from $59.1 million the previous year.
Is Perma-Fix Environmental Services profitable?
No. Perma-Fix Environmental Services reported a net loss of $13.8 million in fiscal 2025, a net profit margin of −22.3%; its operating margin was −19.0%.
What is Perma-Fix Environmental Services's gross margin?
Perma-Fix Environmental Services's gross margin was 9.6% in fiscal 2025: for every $100 of revenue, Perma-Fix Environmental Services kept $10 after the direct cost of its products and services.
How much does Perma-Fix Environmental Services spend on research and development?
Perma-Fix Environmental Services spent $1.3 million on research and development in fiscal 2025, 2.1% of revenue.
How fast is Perma-Fix Environmental Services growing?
Revenue grew −10.2% a year on average over the last five fiscal years, from $105.4 million to $61.7 million.
What are Perma-Fix Environmental Services's earnings per share?
Perma-Fix Environmental Services earned $-0.58 per diluted share in fiscal 2025, compared with $-1.30 a year earlier.
When will Perma-Fix Environmental Services report its next earnings?
Perma-Fix Environmental Services is expected to report results for the quarter ending September 30, 2026 on November 9, 2026.
When does Perma-Fix Environmental Services's fiscal year end?
Perma-Fix Environmental Services's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 24, 2026.