Perma-Fix Triples Waste Processing Capacity, Reports 51% Backlog Growth in Strong 2025 Results
Summary
Perma-Fix Environmental Services reported its 2025 financial results, highlighted by a significant permit renewal that triples its Perma-Fix Northwest facility's liquid processing capacity to 1.2 million gallons annually. The company also announced a 51% year-over-year increase in its treatment backlog to $11.9 million and a 163% surge in international project revenue to $6.4 million. While Q4 2025 revenue saw a modest increase to $15.7 million, the company anticipates operating losses in Q1 2026 due to fixed costs, but expects improved financial performance for the remainder of 2026 as increased capacity and the Hanford cleanup mission drive higher waste treatment volumes. This substantial expansion in operational capability and growing backlog positions Perma-Fix for significant growth, particularly with the anticipated ramp-up of the DOE's Hanford cleanup mission. Investors will be watching for the realization of these anticipated waste treatment volumes.
At the time of this announcement, PESI was trading at $11.79 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $223.1M. The 52-week trading range was $6.25 to $16.50. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.