QRHC on Nasdaq

Quest Resource Holding Corp

American refuse systems company, incorporated in Nevada.

Price unavailable

Last updated Oct 18, 2026.

Overview

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TickerQRHC on Nasdaq
IndustryRefuse Systems
HeadquartersNV
Incorporated inNV²
Business address433 E. Las Colinas Boulevard, Ste 675, Irving, Tx 75039²
Filer categoryNon-accelerated filer, Smaller reporting company²

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

17.0%Gross margin³

-2.5%Operating margin³

-6.1%Net margin³

-13.3%Revenue growth, 2025³

-38.0%Return on equity³

1.58×Debt to equity³

$9.3MFree cash flow³

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Services brought in 95% of the revenue Quest Resource Holding Corp broke down this way in fiscal 2025.

Services$237.6M³95%down 14% from 2024
Product Sales And Other$12.6M³5%up 12% from 2024
Management Fee$311.0K³0%down 32% from 2024

Products and services by year

Products and services	2024	2025
Services	$277.3M	$237.6M
Product Sales And Other	$11.3M	$12.6M
Management Fee	$455.0K	$311.0K

Where the money goes

Where each dollar of revenue went, fiscal 2025

Cost of revenueSelling, general and admin

Cost of revenue82¢$207.7M
Selling, general and admin15¢$37.6M
Interest4¢$9.2M
Income tax0¢$16.0K

Out of $250.2M in revenue.³ The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

Kept or used elsewhere

Capital spending3¢$251.0K
Kept or used elsewhere97¢$9.3M

Out of $9.6M of cash from operations.³

Financial statements

Revenue⁴⁵⁶⁷⁸³$250.2M in 2025+153% since 2019

Gross profit⁴⁵⁶⁷⁸³$42.5M in 2025+127% since 2019

Operating income⁴⁵⁶⁷⁸³-$6.2M in 2025

Net income⁴⁵⁶⁷⁸³-$15.4M in 2025+27746% since 2019

Every line of the income statement as filed: the last 2 fiscal years, latest first.³

Period ending	2025-12-31	2024-12-31
Revenue	$250.2M	$288.5M
Cost of revenue	$207.7M	$238.5M
Gross profit	$42.5M	$50.0M
Selling, general, and administrative	$37.6M	$39.5M
Depreciation and amortization	$5.3M	$9.4M
Loss on sale of assets, net	$4.1M
Impairment loss	$1.7M	$5.5M
Total operating expenses	$48.7M	$54.5M
Operating loss	-$6.2M	-$4.5M
Interest expense	-$9.2M	-$10.3M
Loss before taxes	-$15.4M	-$14.8M
Income tax expense	$16.0K	$291.0K
Net loss	-$15.4M	-$15.1M
Basic	-$0.73	-$0.73
Diluted	-$0.73	-$0.73
Basic	21.0M shares	20.6M shares
Diluted	21.0M shares	20.6M shares

Total assets⁴⁵⁶⁷⁸³$145.6M in 2025+80% since 2019

Total liabilities⁴⁵⁶⁷⁸³$105.0M in 2025+452% since 2019

Shareholders’ equity⁵⁶⁷⁸³$40.5M in 2025−34% since 2019

Cash⁴⁵⁶⁷⁸³$1.0M in 2025−70% since 2019

Long-term debt⁴⁵⁶⁷⁸³$64.0M in 2025+1311% since 2019

Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.³

Period ending	2025-12-31	2024-12-31	2023-12-31
Cash and cash equivalents	$1.0M	$396.0K
Accounts receivable, less allowance for doubtful accounts of $780 and $831 as of December 31, 2025 and 2024, respectively	$49.0M	$62.3M
Prepaid expenses and other current assets	$1.2M	$2.6M
Assets held for sale		$9.9M
Total current assets	$51.2M	$75.1M
Goodwill	$81.1M	$81.1M	$85.8M
Intangible assets, net	$7.7M	$12.9M
Property and equipment, net, and other assets	$5.6M	$6.5M
Total assets	$145.6M	$175.6M
Accounts payable and accrued liabilities	$38.4M	$39.9M
Other current liabilities	$128.0K	$1.0M
Current portion of notes payable	$1.0M	$1.7M
Liabilities held for sale		$1.8M
Total current liabilities	$39.5M	$44.4M
Notes payable, net	$64.0M	$76.3M
Other long-term liabilities	$1.5M	$833.0K
Total liabilities	$105.0M	$121.5M
Common stock, $0.001 par value, 200,000 shares authorized, 20,960 and 20,606 shares issued and outstanding as of December 31, 2025 and 2024, respectively	$21.0K	$21.0K
Additional paid-in capital	$181.0M	$179.2M
Accumulated deficit	-$140.5M	-$125.1M
Total stockholders equity	$40.5M	$54.2M	$66.3M
Total liabilities and stockholders equity	$145.6M	$175.6M
Allowance for doubtful accounts receivable	$780.0K	$831.0K	$1.6M
Preferred stock, par value	$0.00	$0.00
Preferred stock, shares authorized	10.0M shares	10.0M shares
Preferred stock, shares issued	0 shares	0 shares
Preferred stock, shares outstanding	0 shares	0 shares
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	200.0M shares	200.0M shares
Common stock, shares issued	21.0M shares	20.6M shares
Common stock, shares outstanding	21.0M shares	20.6M shares

Period ending	2025-12-31	2024-12-31	2023-12-31
Cash and cash equivalents	$1.0M	$396.0K
Accounts receivable, less allowance for doubtful accounts of $780 and $831 as of December 31, 2025 and 2024, respectively	$49.0M	$62.3M
Prepaid expenses and other current assets	$1.2M	$2.6M
Assets held for sale		$9.9M
Total current assets	$51.2M	$75.1M
Goodwill	$81.1M	$81.1M	$85.8M
Intangible assets, net	$7.7M	$12.9M
Property and equipment, net, and other assets	$5.6M	$6.5M
Total assets	$145.6M	$175.6M
Accounts payable and accrued liabilities	$38.4M	$39.9M
Other current liabilities	$128.0K	$1.0M
Current portion of notes payable	$1.0M	$1.7M
Liabilities held for sale		$1.8M
Total current liabilities	$39.5M	$44.4M
Notes payable, net	$64.0M	$76.3M
Other long-term liabilities	$1.5M	$833.0K
Total liabilities	$105.0M	$121.5M
Common stock, $0.001 par value, 200,000 shares authorized, 20,960 and 20,606 shares issued and outstanding as of December 31, 2025 and 2024, respectively	$21.0K	$21.0K
Additional paid-in capital	$181.0M	$179.2M
Accumulated deficit	-$140.5M	-$125.1M
Total stockholders equity	$40.5M	$54.2M	$66.3M
Total liabilities and stockholders equity	$145.6M	$175.6M
Allowance for doubtful accounts receivable	$780.0K	$831.0K	$1.6M
Preferred stock, par value	$0.00	$0.00
Preferred stock, shares authorized	10.0M shares	10.0M shares
Preferred stock, shares issued	0 shares	0 shares
Preferred stock, shares outstanding	0 shares	0 shares
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	200.0M shares	200.0M shares
Common stock, shares issued	21.0M shares	20.6M shares
Common stock, shares outstanding	21.0M shares	20.6M shares

Cash from operations⁴⁵⁶⁷⁸³$9.6M in 2025+320% since 2019

Capital spending⁴⁵⁶⁷⁸³$251.0K in 2025+73% since 2019

Free cash flow⁴⁵⁶⁷⁸³$9.3M in 2025+337% since 2019

Every line of the cash flow as filed: the last 2 fiscal years, latest first.³

Period ending	2025-12-31	2024-12-31
Net loss	-$15.4M	-$15.1M
Depreciation	$905.0K	$1.0M
Amortization of intangibles	$5.1M	$9.2M
Amortization of debt issuance costs and discounts	$782.0K	$1.1M
Provision for doubtful accounts	$1.0M	$1.9M
Stock-based compensation	$1.6M	$1.6M
Loss on sale of assets, net	$4.1M
Impairment loss	$1.7M	$5.5M
Accounts receivable	$12.8M	-$9.8M
Prepaid expenses and other current assets	$1.2M	-$459.0K
Security deposits and other assets	$69.0K	-$58.0K
Accounts payable and accrued liabilities	-$3.5M	$383.0K
Other liabilities	-$872.0K	-$1.5M
Net cash provided by (used in) operating activities	$9.6M	-$6.1M
Purchase of property and equipment	-$251.0K	-$4.7M
Purchase of intangible assets	-$1.3M	-$1.3M
Proceeds from sale of assets	$6.1M
Net cash provided by (used in) investing activities	$4.6M	-$6.0M
Proceeds from credit facilities	$99.5M	$107.5M
Repayments of credit facilities	-$107.0M	-$97.7M
Proceeds from long-term debt	$390.0K	$2.9M
Repayments of long-term debt	-$6.1M	-$1.3M
Debt issuance costs	-$506.0K	-$682.0K
Proceeds from stock option exercises	$49.0K	$1.1M
Tax payments for net share settlements	-$40.0K
Proceeds from shares issued for Employee Stock Purchase Plan	$151.0K	$260.0K
Net cash provided by (used in) financing activities	-$13.5M	$12.1M
Net increase in cash and cash equivalents	$618.0K	$72.0K

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Leadership

Who has led Quest Resource Holding Corp, and when. Pick a name to see everywhere that person has worked.

Chief executive

President

Chief financial officer

Chief operating officer

201520202025

Chief executive officerPerry W. Moss Mar 12, 2025 to now¹¹
Chief executive officerS. Ray Hatch Jan 11, 2016 to Nov 18, 2024¹²
Chief executive officerBrian S. Dick Jul 25, 2013 to May 26, 2015¹³
Chief executive officerBarry M. Monheit Oct 29, 2012 to May 8, 2013¹⁴
Chief executive officerFamily Limited Partnership Hayjour Feb 25, 2011 to Feb 25, 2011¹⁵
PresidentPerry W. Moss Mar 12, 2025 to now¹¹
PresidentS. Ray Hatch Jan 11, 2016 to Nov 18, 2024¹²
PresidentBrian S. Dick Jul 25, 2013 to May 26, 2015¹³
PresidentBarry M. Monheit Oct 29, 2012 to May 8, 2013¹⁴
Chief financial officerBrett Wade Johnston Nov 3, 2022 to now¹⁶
Chief financial officerLaurie L. Latham Jan 3, 2013 to Sep 1, 2022¹⁷
Chief operating officerDavid P. Sweitzer Dec 12, 2019 to now¹⁸
Chief operating officerTimothy A. Semones Nov 6, 2015 to Dec 18, 2015¹⁹

Board members and other officers (26)

Chief Revenue OfficerPerry W. Moss Jun 7, 2024 to Jun 28, 2024²⁰
OfficerStephen Coskery Oct 9, 2020 to Nov 4, 2020²¹
OfficerAlan D. Allred Oct 29, 2020 to Dec 19, 2022²²
OfficerMatthew C. Lewis Nov 6, 2019 to Nov 6, 2019²³
OfficerRichard Lovic Hobby Aug 2, 2018 to May 17, 2019²⁴
OfficerDavid P. Sweitzer Oct 4, 2016 to Feb 19, 2019²⁵
OfficerT. Jeffrey Cheney Jr. Nov 19, 2014 to Nov 17, 2015²⁶
OfficerCorey Allen Lambrecht Oct 29, 2012 to Nov 21, 2012²⁷
SecretaryKarl Zeidler Oct 29, 2012 to Nov 21, 2012²⁸
Board memberRobert J. Lipstein May 15, 2025 to now²⁹
Board memberAudrey Dunning Jun 30, 2023 to now³⁰
Board memberGlenn Culpepper Jul 8, 2021 to now³¹
Board memberDan Friedberg Apr 19, 2019 to now³²
Board memberStephen A. Nolan Apr 19, 2019 to now³³
Board memberS. Ray Hatch Jan 11, 2016 to now¹²
Board memberSarah Tomolonius Sep 26, 2016 to now³⁴
Board memberRussell J. Knittel Apr 17, 2015 to Jul 17, 2020³⁵
Board memberBrian S. Dick Jul 25, 2013 to May 26, 2015¹³
Board memberJeffrey D. Forte Jul 25, 2013 to Jun 16, 2016³⁶
Board memberT. Jeffrey Cheney Jr. Oct 22, 2013 to Nov 17, 2015³⁷
Board memberBarry M. Monheit Oct 29, 2012 to May 1, 2019¹⁴
Board memberColton Melby Oct 29, 2012 to Aug 6, 2014³⁸
Board memberIsabell Marie Wadecki Oct 29, 2012 to Jul 17, 2020³⁹
Board memberMitchell A. Saltz Oct 29, 2012 to Nov 27, 2018⁴⁰
Board memberRichard R. Quinn Oct 29, 2012 to Oct 29, 2012⁴¹
Board memberFamily Limited Partnership Hayjour Feb 25, 2011 to Feb 25, 2011¹⁵

Former names

Infinity Resources Holdings Corp.Oct 30, 2012 to Oct 29, 2013²
YouChange Holdings CorpSep 29, 2010 to Oct 29, 2012²
BlueStar Financial Group, Inc.Aug 12, 2008 to Aug 17, 2010²

Timeline

Mar 12, 2025New chief executive Perry W. Moss becomes CEO¹¹
Jan 11, 2016New chief executive S. Ray Hatch becomes CEO¹²
Jul 25, 2013New chief executive Brian S. Dick becomes CEO¹³
Oct 29, 2012New chief executive Barry M. Monheit becomes CEO¹⁴
Feb 25, 2011New chief executive Family Limited Partnership Hayjour becomes CEO¹⁵

Filings

358 filings to the SEC since October 2021: 7 annual reports, 15 quarterly reports, 46 major events, 245 insider forms, 8 large holders, 37 other. The latest 20:

Oct 2, 20264 EDGAR
Oct 2, 20264 EDGAR
Oct 2, 20264 EDGAR
Oct 2, 20264 EDGAR
Oct 2, 20264 EDGAR
Oct 2, 20264 EDGAR
Sep 2, 20264 OWNERSHIP DOCUMENT EDGAR
Sep 2, 20264 OWNERSHIP DOCUMENT EDGAR
Sep 2, 20264 OWNERSHIP DOCUMENT EDGAR
Sep 2, 20264 OWNERSHIP DOCUMENT EDGAR
Sep 2, 20264 OWNERSHIP DOCUMENT EDGAR
Sep 2, 20264 OWNERSHIP DOCUMENT EDGAR
Aug 17, 20264 OWNERSHIP DOCUMENT EDGAR
Aug 17, 20264 OWNERSHIP DOCUMENT EDGAR
Aug 17, 20264 OWNERSHIP DOCUMENT EDGAR
Aug 17, 20264 OWNERSHIP DOCUMENT EDGAR
Aug 17, 20264 OWNERSHIP DOCUMENT EDGAR
Aug 17, 20264 OWNERSHIP DOCUMENT EDGAR
Aug 17, 20264 OWNERSHIP DOCUMENT EDGAR
Aug 17, 20264 OWNERSHIP DOCUMENT EDGAR

The 358 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 8 such filings since October 2021:

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 33. Change is in shares since the quarter before.

Fund	Shares	Value	Share of the fund	Change
Wynnefield Capital Inc	2,734,349	$3.4M	2.4%	No change
Veradace Capital Management LLC	1,256,082	$1.6M	1.3%	No change
Vanguard Capital Management LLC	688,631	$867.7K	0.0%	No change
LPL Financial LLC	325,780	$410.5K	0.0%	−17,500
Mink Brook Asset Management LLC	295,587	$372.4K	0.2%	No change
Truist Financial Corp	276,222	$348.0K	0.0%	No change
Geode Capital Management, LLC	166,794	$210.2K	0.0%	−29,328
Renaissance Technologies LLC	122,892	$154.8K	0.0%	−5,900
Skylands Capital, LLC	110,602	$139.4K	0.0%	−54,548
Vanguard Fiduciary Trust Co	83,582	$105.3K	0.0%	No change
Citadel Advisors LLC	71,666	$90.3K	0.0%	New
Dimensional Fund Advisors LP	59,836	$75.3K	0.0%	−11,739
Millennium Management LLC	57,815	$72.8K	0.0%	−17,690
State Street Corp	51,947	$65.5K	0.0%	No change
Qube Research & Technologies Ltd	35,718	$45.0K	0.0%	+20,488
Northern Trust Corp	33,829	$42.6K	0.0%	−2,530
Greenhaven Road Investment Management, L.P.	31,463	$39.6K	0.0%	No change
BlackRock, Inc.	24,943	$31.4K	0.0%	−40,080
Goldman Sachs Group Inc	22,332	$28.1K	0.0%	−8,461
Raymond James Financial Inc	20,000	$25.2K	0.0%	−1,000
Cresset Asset Management, LLC	16,338	$20.6K	0.0%	−200
Two Sigma Investments, LP	12,801	$16.1K	0.0%	−3,600
Jane Street Group, LLC	11,797	$14.9K	0.0%	−12,689
Columbia Advisory Partners LLC	10,000	$12.6K	0.0%	No change
Vanguard Global Advisers, LLC	5,500	$6.9K	0.0%	No change

13F reports cover disclosed long positions in U.S. stocks only.

Sources

The numbers on this page point here. Each one links to the record it came from.

1
SEC EDGARQuest Resource Holding Corp filings on SEC EDGAR
2
SEC EDGARQuest Resource Holding Corp filings on SEC EDGAR
3
SEC EDGARQuest Resource Holding Corp 10-K for fiscal 2025
4
SEC EDGARQuest Resource Holding Corp 10-K for fiscal 2019
5
SEC EDGARQuest Resource Holding Corp 10-K for fiscal 2020
6
SEC EDGARQuest Resource Holding Corp 10-K for fiscal 2021
7
SEC EDGARQuest Resource Holding Corp 10-K for fiscal 2022
8
SEC EDGARQuest Resource Holding Corp 10-K for fiscal 2023
9
SEC EDGARQuest Resource Holding Corp 10-Q for fiscal 2026
10
SEC EDGARQuest Resource Holding Corp 10-Q for fiscal 2026
11
SEC EDGARPerry W. Moss, Chief executive officer
12
SEC EDGARS. Ray Hatch, Chief executive officer
13
SEC EDGARBrian S. Dick, Chief executive officer
14
SEC EDGARBarry M. Monheit, Chief executive officer
15
SEC EDGARFamily Limited Partnership Hayjour, Chief executive officer
16
SEC EDGARBrett Wade Johnston, Chief financial officer
17
SEC EDGARLaurie L. Latham, Chief financial officer
18
SEC EDGARDavid P. Sweitzer, Chief operating officer
19
SEC EDGARTimothy A. Semones, Chief operating officer
20
SEC EDGARPerry W. Moss, Chief Revenue Officer
21
SEC EDGARStephen Coskery, Officer
22
SEC EDGARAlan D. Allred, Officer
23
SEC EDGARMatthew C. Lewis, Officer
24
SEC EDGARRichard Lovic Hobby, Officer
25
SEC EDGARDavid P. Sweitzer, Officer
26
SEC EDGART. Jeffrey Cheney Jr., Officer
27
SEC EDGARCorey Allen Lambrecht, Officer
28
SEC EDGARKarl Zeidler, Secretary
29
SEC EDGARRobert J. Lipstein, Board member
30
SEC EDGARAudrey Dunning, Board member
31
SEC EDGARGlenn Culpepper, Board member
32
SEC EDGARDan Friedberg, Board member
33
SEC EDGARStephen A. Nolan, Board member
34
SEC EDGARSarah Tomolonius, Board member
35
SEC EDGARRussell J. Knittel, Board member
36
SEC EDGARJeffrey D. Forte, Board member
37
SEC EDGART. Jeffrey Cheney Jr., Board member
38
SEC EDGARColton Melby, Board member
39
SEC EDGARIsabell Marie Wadecki, Board member
40
SEC EDGARMitchell A. Saltz, Board member
41
SEC EDGARRichard R. Quinn, Board member