QUEST RESOURCE HOLDING CORPORATION

EDGAR

Annual consolidated revenue for 2025: about USD 250.2M, using the latest reported figures. The previous period, 2024, was about USD 288.5M.

Watchlist

Latest quarter

Revenue

64.1 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating margin

-15.55%

2026 Q2 · %

Exact inputs and evidence
  • Operating Income: -9963000 USD Source
  • Revenue: 64069000 USD Source

Operating cash flow

4.46 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: 4651000 USD Source
  • Operating Cash Flow: 190000 USD Source

Free cash flow

4.46 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: 4651000 USD Source
  • Operating Cash Flow: 190000 USD Source
  • Capital Expenditure: 83000 USD Source
  • Capital Expenditure: 80000 USD Source
Cash and cash equivalents
1.02 million USD Source
Exact value

1023000 USD

Long-term debt including current maturities
59.4 million USD Source
Exact value

59365000 USD

Shares outstanding
21.1 million shares Source
Exact value

21092856 shares

Reported share-count change

1.84% · 381 thousand shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 20712204 shares · 2025-06-30· Source
  • 21092856 shares · 2026-06-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

248 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Revenue: 63341000 USD · 2025-07-01 – 2025-09-30 Source
  • Revenue: 250217000 USD · 2025-01-01 – 2025-12-31 Source
  • Revenue: 191311000 USD · 2025-01-01 – 2025-09-30 Source
  • Revenue: 61735000 USD · 2026-01-01 – 2026-03-31 Source
  • Revenue: 64069000 USD · 2026-04-01 – 2026-06-30 Source

Net income

-17.5 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Net income: -1349000 USD · 2025-07-01 – 2025-09-30 Source
  • Net income: -15382000 USD · 2025-01-01 – 2025-12-31 Source
  • Net income: -13726000 USD · 2025-01-01 – 2025-09-30 Source
  • Net income: -2318000 USD · 2026-01-01 – 2026-03-31 Source
  • Net income: -12217000 USD · 2026-04-01 – 2026-06-30 Source

Operating cash flow

11.4 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: 8506000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 2845000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 9557000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 8506000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 190000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 4651000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: 190000 USD · 2026-01-01 – 2026-03-31 Source

Capital expenditure

157 thousand USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Capital expenditure: 206000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 177000 USD · 2025-01-01 – 2025-06-30 Source
  • Capital expenditure: 251000 USD · 2025-01-01 – 2025-12-31 Source
  • Capital expenditure: 206000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 80000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 83000 USD · 2026-01-01 – 2026-06-30 Source
  • Capital expenditure: 80000 USD · 2026-01-01 – 2026-03-31 Source

Free cash flow

11.2 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: 8506000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 2845000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 9557000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 8506000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 190000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 4651000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: 190000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 206000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 177000 USD · 2025-01-01 – 2025-06-30 Source
  • Capital expenditure: 251000 USD · 2025-01-01 – 2025-12-31 Source
  • Capital expenditure: 206000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 80000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 83000 USD · 2026-01-01 – 2026-06-30 Source
  • Capital expenditure: 80000 USD · 2026-01-01 – 2026-03-31 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-08-07.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 11 of 11 periods available· newest 2025-12-31
  • Operating income: 11 of 11 periods available· newest 2025-12-31
  • Net income: 11 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 11 of 11 periods available· newest 2025-12-31
  • Total assets: 11 of 11 periods available· newest 2025-12-31
  • Total liabilities: 11 of 11 periods available· newest 2025-12-31
  • Current assets: 11 of 11 periods available· newest 2025-12-31
  • Current liabilities: 11 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 11 of 11 periods available· newest 2025-12-31
  • Long-term debt including current maturities: 7 of 11 periods available· newest 2025-12-31
  • Shares outstanding: 11 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -13.3%

    Prior period

    USD 288.53 million

    –

    Current period

    USD 250.22 million

    –

    Exact inputs and evidence

    250217000 − 288532000 = -38315000 USD

    288532000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    250217000 USD · 2025-01-01 – 2025-12-31

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  • Net income

    −USD 319,000

    Prior period

    −USD 15.06 million

    –

    Current period

    −USD 15.38 million

    –

    Exact inputs and evidence

    -15382000 − -15063000 = -319000 USD

    -15063000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -15382000 USD · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    +USD 15.64 million

    Prior period

    −USD 6.09 million

    –

    Current period

    USD 9.56 million

    –

    Exact inputs and evidence

    9557000 − -6085000 = 15642000 USD

    -6085000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    9557000 USD · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    -94.6%

    Prior period

    USD 4.68 million

    –

    Current period

    USD 251,000

    –

    Exact inputs and evidence

    251000 − 4683000 = -4432000 USD

    4683000 USD · 2024-01-01 – 2024-12-31

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    251000 USD · 2025-01-01 – 2025-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 250.22 million 100% of revenue
  • Cost of revenue USD 207.67 million 83% of revenue
  • Operating expenses USD 48.7 million 19% of revenue
  • Operating income −USD 6.16 million −2.5% of revenue
  • Tax, interest and other Derived USD 9.23 million 3.7% of revenue
  • Net income −USD 15.38 million −6.1% of revenue

Cash

  • Operating cash flow USD 9.56 million 3.8% of revenue
  • Capital expenditure USD 251,000 0.1% of revenue
  • Free cash flow Derived USD 9.31 million 3.7% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 Operating loss: operating costs were 104% of revenue.
  • 2017 Operating loss: operating costs were 104% of revenue.
  • 2018 Operating loss: operating costs were 102% of revenue.
  • 2019 Net loss: net income was −0.1% of revenue.
  • 2020 Net income was higher than operating income, so the split is not drawn.
  • 2021 97%
  • 2022 Net loss: net income was −2.1% of revenue.
  • 2023 Net loss: net income was −2.5% of revenue.
  • 2024 Operating loss: operating costs were 102% of revenue.
  • 2025 Operating loss: operating costs were 102% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2016-01-01 – 2016-12-31183811398 191616186 Derived -7804788 240798 Derived -8045586 -4860230 Derived
Source
2017 2017-01-01 – 2017-12-31138346327 143698573 Derived -5352246 468030 Derived -5820276 -1712765 Derived
Source
2018 2018-01-01 – 2018-12-31103805432 105806680 Derived -2001248 437733 Derived -2438981 2924974 Derived
Source
2019 2019-01-01 – 2019-12-3198979140 98383670 Derived 595470 650710 Derived -55240 2130871 Derived
Source
2020 2020-01-01 – 2020-12-3198660035 97909766 Derived 750269 -284100 Derived 1034369 2654013 Derived
Source
2021 2021-01-01 – 2021-12-31155715373 151208017 Derived 4507356 2816299 Derived 1691057 2020880 Derived
Source
2022 2022-01-01 – 2022-12-31284037823 282632464 Derived 1405359 7453345 Derived -6047986 -3176447 Derived
Source
2023 2023-01-01 – 2023-12-31288378000 285553000 Derived 2825000 10116000 Derived -7291000 -1621000 Derived
Source
2024 2024-01-01 – 2024-12-31288532000 292992000 Derived -4460000 10603000 Derived -15063000 -10768000 Derived
Source
2025 2025-01-01 – 2025-12-31250217000 256374000 Derived -6157000 9225000 Derived -15382000 9306000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 250.2M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.311.6M233.7M155.8M77.9M0.0201620212025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Revenue183811398
2017Revenue138346327
2018Revenue103805432
2019Revenue98979140
2020Revenue98660035
2021Revenue155715373
2022Revenue284037823
2023Revenue288378000
2024Revenue288532000
2025Revenue250217000

Revenue growth

Change in revenue from the same financial period one year earlier.

-13.3% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.91%60%29%-2%-34%201620212025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2016Year over year8%
2017Year over year-24.7%
2018Year over year-25%
2019Year over year-4.6%
2020Year over year-0.3%
2021Year over year57.8%
2022Year over year82.4%
2023Year over year1.5%
2024Year over year0.1%
2025Year over year-13.3%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -2.5% 2025
Net margin -6.1% 2025
Free cash flow margin 3.7% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.4.5%1.6%-1.2%-4.1%-6.9%201620212025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2016Operating margin-4.2%
2017Operating margin-3.9%
2018Operating margin-1.9%
2019Operating margin0.6%
2020Operating margin0.8%
2021Operating margin2.9%
2022Operating margin0.5%
2023Operating margin1%
2024Operating margin-1.5%
2025Operating margin-2.5%
2016Net margin-4.4%
2017Net margin-4.2%
2018Net margin-2.3%
2019Net margin-0.1%
2020Net margin1%
2021Net margin1.1%
2022Net margin-2.1%
2023Net margin-2.5%
2024Net margin-5.2%
2025Net margin-6.1%
2016Free cash flow margin-2.6%
2017Free cash flow margin-1.2%
2018Free cash flow margin2.8%
2019Free cash flow margin2.2%
2020Free cash flow margin2.7%
2021Free cash flow margin1.3%
2022Free cash flow margin-1.1%
2023Free cash flow margin-0.6%
2024Free cash flow margin-3.7%
2025Free cash flow margin3.7%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 9.6M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.10.8M6.3M1.7M-2.8M-7.3M201620212025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Operating cash flow-4390915
2017Operating cash flow-1652251
2018Operating cash flow2968488
2019Operating cash flow2275879
2020Operating cash flow3097657
2021Operating cash flow2565938
2022Operating cash flow-2340404
2023Operating cash flow-1362000
2024Operating cash flow-6085000
2025Operating cash flow9557000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 9.3M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.10.9M5.1M-731.0K-6.6M-12.4M201620212025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Free cash flow-4860230
2017Free cash flow-1712765
2018Free cash flow2924974
2019Free cash flow2130871
2020Free cash flow2654013
2021Free cash flow2020880
2022Free cash flow-3176447
2023Free cash flow-1621000
2024Free cash flow-10768000
2025Free cash flow9306000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

72.2% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.78%58%39%19%0%201620212025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2016Liabilities / assets37.8%
2017Liabilities / assets25.6%
2018Liabilities / assets25.8%
2019Liabilities / assets23.6%
2020Liabilities / assets33.4%
2021Liabilities / assets58.1%
2022Liabilities / assets60.8%
2023Liabilities / assets62.6%
2024Liabilities / assets69.2%
2025Liabilities / assets72.2%

Current assets to current liabilities

Current assets divided by current liabilities.

1.3× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.83×1.37×0.91×0.46×0.00×201620212025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2016Current assets / current liabilities1.09×
2017Current assets / current liabilities1.29×
2018Current assets / current liabilities1.25×
2019Current assets / current liabilities1.38×
2020Current assets / current liabilities1.51×
2021Current assets / current liabilities1.33×
2022Current assets / current liabilities1.52×
2023Current assets / current liabilities1.35×
2024Current assets / current liabilities1.69×
2025Current assets / current liabilities1.3×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
−USD 8.05 million
Exact value

Exact value: -8045586 USD

2016-01-01 – 2016-12-31: -8045586 USD Inspect Net Income Open source
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−USD 4.39 million
Exact value

Exact value: -4390915 USD

2016-01-01 – 2016-12-31: -4390915 USD Inspect Operating Cash Flow Open source
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USD 469,315
Exact value

Exact value: 469315 USD

2016-01-01 – 2016-12-31: 469315 USD Inspect Capital Expenditure Open source
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−USD 4.86 million
Calculation and evidence

-4390915 − 469315 USD

Exact free cash flow: -4860230 USD

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2017 2017-01-01 – 2017-12-31
−USD 5.82 million
Exact value

Exact value: -5820276 USD

2017-01-01 – 2017-12-31: -5820276 USD Inspect Net Income Open source
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−USD 1.65 million
Exact value

Exact value: -1652251 USD

2017-01-01 – 2017-12-31: -1652251 USD Inspect Operating Cash Flow Open source
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USD 60,514
Exact value

Exact value: 60514 USD

2017-01-01 – 2017-12-31: 60514 USD Inspect Capital Expenditure Open source
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−USD 1.71 million
Calculation and evidence

-1652251 − 60514 USD

Exact free cash flow: -1712765 USD

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2018 2018-01-01 – 2018-12-31
−USD 2.44 million
Exact value

Exact value: -2438981 USD

2018-01-01 – 2018-12-31: -2438981 USD Inspect Net Income Open source
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USD 2.97 million
Exact value

Exact value: 2968488 USD

2018-01-01 – 2018-12-31: 2968488 USD Inspect Operating Cash Flow Open source
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USD 43,514
Exact value

Exact value: 43514 USD

2018-01-01 – 2018-12-31: 43514 USD Inspect Capital Expenditure Open source
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USD 2.92 million
Calculation and evidence

2968488 − 43514 USD

Exact free cash flow: 2924974 USD

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2019 2019-01-01 – 2019-12-31
−USD 55,240
Exact value

Exact value: -55240 USD

2019-01-01 – 2019-12-31: -55240 USD Inspect Net Income Open source
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USD 2.28 million
Exact value

Exact value: 2275879 USD

2019-01-01 – 2019-12-31: 2275879 USD Inspect Operating Cash Flow Open source
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USD 145,008
Exact value

Exact value: 145008 USD

2019-01-01 – 2019-12-31: 145008 USD Inspect Capital Expenditure Open source
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USD 2.13 million
Calculation and evidence

2275879 − 145008 USD

Exact free cash flow: 2130871 USD

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2020 2020-01-01 – 2020-12-31
USD 1.03 million
Exact value

Exact value: 1034369 USD

2020-01-01 – 2020-12-31: 1034369 USD Inspect Net Income Open source
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USD 3.1 million
Exact value

Exact value: 3097657 USD

2020-01-01 – 2020-12-31: 3097657 USD Inspect Operating Cash Flow Open source
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USD 443,644
Exact value

Exact value: 443644 USD

2020-01-01 – 2020-12-31: 443644 USD Inspect Capital Expenditure Open source
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USD 2.65 million
Calculation and evidence

3097657 − 443644 USD

Exact free cash flow: 2654013 USD

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2021 2021-01-01 – 2021-12-31
USD 1.69 million
Exact value

Exact value: 1691057 USD

2021-01-01 – 2021-12-31: 1691057 USD Inspect Net Income Open source
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USD 2.57 million
Exact value

Exact value: 2565938 USD

2021-01-01 – 2021-12-31: 2565938 USD Inspect Operating Cash Flow Open source
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USD 545,058
Exact value

Exact value: 545058 USD

2021-01-01 – 2021-12-31: 545058 USD Inspect Capital Expenditure Open source
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USD 2.02 million
Calculation and evidence

2565938 − 545058 USD

Exact free cash flow: 2020880 USD

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2022 2022-01-01 – 2022-12-31
−USD 6.05 million
Exact value

Exact value: -6047986 USD

2022-01-01 – 2022-12-31: -6047986 USD Inspect Net Income Open source
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−USD 2.34 million
Exact value

Exact value: -2340404 USD

2022-01-01 – 2022-12-31: -2340404 USD Inspect Operating Cash Flow Open source
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USD 836,043
Exact value

Exact value: 836043 USD

2022-01-01 – 2022-12-31: 836043 USD Inspect Capital Expenditure Open source
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−USD 3.18 million
Calculation and evidence

-2340404 − 836043 USD

Exact free cash flow: -3176447 USD

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2023 2023-01-01 – 2023-12-31
−USD 7.29 million
Exact value

Exact value: -7291000 USD

2023-01-01 – 2023-12-31: -7291000 USD Inspect Net Income Open source
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−USD 1.36 million
Exact value

Exact value: -1362000 USD

2023-01-01 – 2023-12-31: -1362000 USD Inspect Operating Cash Flow Open source
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USD 259,000
Exact value

Exact value: 259000 USD

2023-01-01 – 2023-12-31: 259000 USD Inspect Capital Expenditure Open source
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−USD 1.62 million
Calculation and evidence

-1362000 − 259000 USD

Exact free cash flow: -1621000 USD

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2024 2024-01-01 – 2024-12-31
−USD 15.06 million
Exact value

Exact value: -15063000 USD

2024-01-01 – 2024-12-31: -15063000 USD Inspect Net Income Open source
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−USD 6.09 million
Exact value

Exact value: -6085000 USD

2024-01-01 – 2024-12-31: -6085000 USD Inspect Operating Cash Flow Open source
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USD 4.68 million
Exact value

Exact value: 4683000 USD

2024-01-01 – 2024-12-31: 4683000 USD Inspect Capital Expenditure Open source
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−USD 10.77 million
Calculation and evidence

-6085000 − 4683000 USD

Exact free cash flow: -10768000 USD

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2025 2025-01-01 – 2025-12-31
−USD 15.38 million
Exact value

Exact value: -15382000 USD

2025-01-01 – 2025-12-31: -15382000 USD Inspect Net Income Open source
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USD 9.56 million
Exact value

Exact value: 9557000 USD

2025-01-01 – 2025-12-31: 9557000 USD Inspect Operating Cash Flow Open source
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USD 251,000
Exact value

Exact value: 251000 USD

2025-01-01 – 2025-12-31: 251000 USD Inspect Capital Expenditure Open source
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USD 9.31 million
Calculation and evidence

9557000 − 251000 USD

Exact free cash flow: 9306000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

96 filings · 4,383 latest values · 4,383 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001442236, 1442236, IRHC, QRHC, edgar:1442236

Also known as BlueStar Financial Group, Inc., Infinity Resources Holdings Corp., QUEST RESOURCE HOLDING CORPORATION, Quest Resource Holding Corp, Quest Resource Holding Corporation, YOUCHANGE HOLDINGS CORP, YouChange Holdings Corp