Executive readout · one minute
Webcast research workspace
Read the call alongside every captured source. 8-K earnings release, 10-K stay in one workspace.
NVRI
$19.06
-0.47%
NVRI
· Enviri Corp
$19.06
-0.09 (-0.47%)
At close · Oct 23
View the 10-K filed Feb 24, 2026
Return incl. dividend (before tax)
Customer concentration
— top 5 customers 54% of revenue
5 customers — 54% of revenue (the year ended December 31, 2025)
“For the year ended December 31, 2025, the Company's top five customers in Rail accounted for approximately 54% of revenues in that Segment and 6% of the Company's consolidated revenues.”
5 customers — 37% of revenue (the year ended December 31, 2025)
“For the year ended December 31, 2025, the Company’s top five customers in HE accounted for approximately 37% of revenues in that Segment and 17% of the Company’s consolidated revenues.”
5 customers — 27% of revenue (the year ended December 31, 2025)
“For the year ended December 31, 2025, the Company’s top five customers in CE accounted for approximately 27% of the revenues in that Segment and 12% of the Company’s consolidated revenues.”
5 customers — 17% of revenue (the year ended December 31, 2025)
“For the year ended December 31, 2025, the Company’s top five customers in HE accounted for approximately 37% of revenues in that Segment and 17% of the Company’s consolidated revenues.”
5 customers — 12% of revenue (the year ended December 31, 2025)
“For the year ended December 31, 2025, the Company’s top five customers in CE accounted for approximately 27% of the revenues in that Segment and 12% of the Company’s consolidated revenues.”
One customer — 10% of revenue (2025)
“In 2025, 2024, and 2023, CE had one customer that provided in excess of 10% of its revenue.”
2 customers — 10% of revenue (2025)
“In 2025 and 2024, Rail had two customers that provided more than 10% of the segment total revenues and, in 2023, Rail had one customer that provided more than 10% of the segment total revenues.”
One customer — 10% of revenue (2025)
“In 2025, 2024 and 2023, HE had one customer that provided in excess of 10% of its revenues under multiple long-term contracts at several mill sites.”
5 customers — 6% of revenue (the year ended December 31, 2025)
“For the year ended December 31, 2025, the Company's top five customers in Rail accounted for approximately 54% of revenues in that Segment and 6% of the Company's consolidated revenues.”
Market Cap
$537.30M
Shares
28.19M
Volume · Oct 23
378.23K
Avg daily vol (3M)
331.71K
All webcasts
Earnings call · FY2022 Q4
Enviri Corp (NVRI) Q4 2022 Earnings Call
Revenue · derived Q4
$713.22M
+54.3% YoY
Gross margin · derived Q4
46.7%
+29.5 pp YoY
Net income · derived Q4
-$36.72M
Forward guidance
10 guided metrics
Management's latest ranges and targets are included below.
Research coverage
2 live sources
Open each available source without leaving this research workspace.
Research materials
Open the source you need; every reader stays inside this workspace.
Forward guidance
From the 8-K filed Feb 27, 2023.
| Metric | Period | Guided | Basis |
|---|---|---|---|
|
GAAP Operating Income/(Loss)
table
Initiated
2023 Full Year Outlook (Continuing Operations)
|
$74M – $94M | GAAP | |
|
Adjusted EBITDA
table
Initiated
2023 Full Year Outlook (Continuing Operations)
|
$240M – $260M | Non-GAAP | |
|
Free Cash Flow
table
Initiated
2023 Full Year Outlook (Continuing Operations)
|
$20M – $40M | — | |
|
Net Interest Expense
table
Initiated
2023 Full Year Outlook (Continuing Operations)
|
$91M – $95M | — | |
|
Account Receivable Securitization Fees
table
Initiated
2023 Full Year Outlook (Continuing Operations)
|
$9M – $10M | — | |
|
Pension Expense (Non-Operating)
table
Initiated
2023 Full Year Outlook (Continuing Operations)
|
$20M – $22M | — | |
|
Tax Expense, Excluding Any Unusual Items
table
Initiated
2023 Full Year Outlook (Continuing Operations)
|
$8M – $11M | — | |
|
Net Capital Expenditures
table
Initiated
2023 Full Year Outlook (Continuing Operations)
|
$125M – $135M | — | |
|
GAAP Operating Income
table
Initiated
Q1 2023 Outlook (Continuing Operations)
|
$5M – $10M | GAAP | |
|
Adjusted EBITDA
table
Initiated
Q1 2023 Outlook (Continuing Operations)
|
$45M – $50M | Non-GAAP |
SEC filing · Item 2.02
8-K earnings release
Filed Feb 27, 2023 · complete as-filed document
SEC periodic report
10-K report
Filed Mar 1, 2023 · complete as-filed document