# Perma-Fix Q3 2026 Earnings Report

> Perma-Fix reports 3% revenue growth and $3.5M net loss as Hanford waste projects ramp up.
- Title: Perma-Fix Q3 2026 Earnings Report · The Motley Fool | Shortify
- Summary: Perma-Fix reports 3% revenue growth and $3.5M net loss as Hanford waste projects ramp up.
- Keywords: perma-fix, pesi, hanford, dflaw, grouting, pfas, treatment, services, revenue, net loss, q3 2026, earnings call
- Source: The Motley Fool — https://fool.com/earnings/call-transcripts/2026/11/06/perma-fix-pesi-q3-2026-earnings-call-transcript
- Author: Motley Fool Transcribing
- Published: 2026-11-06T15:38:16+00:00
- Read time: 2 min
- Topics: perma-fix, pesi, hanford, dflaw, grouting, pfas, treatment, services, revenue, net loss, q3 2026, earnings call
## Q3 2026 Results
Perma-Fix reported $17.9 million revenue, a 3% year over year increase, and a $3.5 million net loss.
## Treatment Segment
Treatment backlog grew to $19.6 million, up 65% from end of 2025, with lower processing volumes and customer-directed delays.
## Services Segment
Services revenue grew 46% year over year to $6.3 million with improved gross margins to 12.2% and $200,000 operating income.
## Hanford Waste Processing
Perma-Fix Northwest receives DFLAW effluent, with monthly volumes projected to double from 8,000 to 16,000 gallons by October 2026.
## DFLAW Production
DFLAW production targets 20% capacity by end of 2026, with projections to reach 1 million gallons in 2027 and 2 million gallons in 2028.
## Grouting Capacity
Perma-Fix aims to increase grouting capacity to 10 million gallons per year by 2027 to support Hanford waste missions.
## PFAS Destruction
Gen 2.0 PFAS destruction system begins commissioning in Q3 2026, expected to be fully operational by first half of 2027.
## East Area Grouting
East area tank waste grouting delayed by state regulator requests, potentially delaying initial receipts by several months.
## AMPS System
Advanced Modular Pretreatment System scheduled for online operation in early 2028, projected to save taxpayers $12 billion by accelerating Hanford cleanup.
## Master IDIQ Contract
Master IDIQ ceiling of $4.4 billion covers treatment and disposal of pre-liquid mixed waste through December 31, 2041.
## Liquidity Position
PNC liquidity stands at $19.9 million, comprising $14.3 million in cash deposits and $5.5 million in borrowing availability.
## Equity Offering
Company received $21.1 million net proceeds from May 2026 public offering.
## Capital Expenditures
Capital expenditures totaled $5.7 million for first nine months of 2026, focused on treatment infrastructure and PFAS growth initiatives.
## Regulatory Delays
State regulator information requests could delay East area tank waste grouting receipts by several months.
## PFAS Regulations
Florida legislation phases out PFAS-containing firefighting foams over next three years, accelerating demand for destruction services.
## Q4 Outlook
Perma-Fix expects receipts to increase in line with DFLAW production levels throughout 2027, with full capacity by 2028.
## Key takeaway

Perma-Fix Environmental Services reported $17.9M revenue, 3% YoY growth, and $3.5M net loss in Q3 2026 with expanding Hanford waste processing capacity.