v3.26.1
Review of Operations by Segment - New Enviri
 3 Months Ended
Mar. 31, 2026
Operations by segment  
Review of Operations by Segment Review of Operations by Segment* 
The tables below include information about the Company's revenues and operating income (loss) by reportable segment, along with significant segment expenses and other segment information, followed by a reconciliation of operating income (loss) by reporting segment to the Company's consolidated Income (loss) from continuing operations before income taxes and equity in income, for the periods presented:
Three Months Ended March 31, 2026
(in thousands)
Harsco
Environmental
Clean
Earth
Harsco
Rail
Total Reportable Segments
Corporate
Total
Segment Profit and Loss:
Total revenues
256,717 225,755 67,331 $549,803 — $549,803 
Less:
Cost of services and products sold
218,007 168,860 57,972 444,839 — 444,839 
Selling, general and administrative expenses
27,943 41,013 11,758 80,714 10,742 91,456 
Other segment activities (a)
738 104 798 1,640 11,075 12,715 
Operating income (loss) from continuing operations10,029 15,778 (3,197)$22,610 (21,817)$793 
Plus:
Interest income473 
Interest expense(27,833)
Facility fees and debt-related income (expense)(2,294)
Defined benefit pension income (expense)(3,936)
Income (loss) from continuing operations before income taxes and equity in income$(32,797)
Other Segment Information:
Depreciation
27,896 11,103 1,196 $40,195 233 $40,428 
Amortization (b)
572 5,938 285 $6,795 1,049 $7,844 
Capital expenditures
17,407 14,423 1,768 $33,598 129 $33,727 
Three Months Ended March 31, 2025
(in thousands)
Harsco
Environmental
Clean
Earth		Harsco
Rail
Total Reportable
Segments
CorporateTotal
Segment Profit and Loss:
Total revenues243,106 234,854 69,947 $547,907 — $547,907 
Less:
Cost of services and products sold
202,017 173,619 49,417 425,053 — 425,053 
Selling, general and administrative expenses26,628 38,962 11,582 77,172 11,936 89,108 
Other segment activities (a)
4,388 (15)1,810 6,183 (1,698)4,485 
Operating income (loss) from continuing operations10,073 22,288 7,138 $39,499 (10,238)$29,261 
Plus:
Interest income454 
Interest expense(26,574)
Facility fees and debt-related income (expense)(2,612)
Defined benefit pension income (expense)(5,201)
Income (loss) from continuing operations before income taxes and equity in income
$(4,672)
Other Segment Information:
Depreciation
25,509 9,620 1,032 $36,161 281 $36,442 
Amortization (b)
540 5,845 67 $6,452 951 $7,403 
Capital expenditures
14,094 6,652 780 $21,526 98 $21,624 
(a) Other segment activities include amounts reflected in the captions Research and development costs, Other income (expenses), net, and certain activities reported in Cost of services and products sold on the Company's Condensed Consolidated Statements of Operations.
(b) Amortization expense in Corporate relates to the amortization of deferred financing costs.

*    Previously issued 2025 amounts have been revised due to the correction of immaterial errors, as identified in Note 1, Basis of Presentation under "Revision of Previously Issued Financial Statements".
New Enviri  
Operations by segment  
Review of Operations by Segment Review of Operations by Segment 
The tables below include information about New Enviri's revenues and operating income (loss) by reportable segment, along with significant segment expenses and other segment information, followed by a reconciliation of operating income (loss) by reporting segment to New Enviri's combined Income (loss) from continuing operations before income taxes and equity in income, for the periods presented:

Three Months Ended March 31, 2026
(in thousands)Harsco EnvironmentalHarsco RailTotal Reportable SegmentsCorporateTotal
Segment Profit and Loss:
Total revenues$256,717 $67,331 $324,048 $— $324,048 
Less:
Cost of services and products sold218,007 57,972 275,979 — 275,979 
Selling, general and administrative expenses (c)
31,968 13,019 44,987 (396)44,591 
Other segment activities (a)
738 798 1,536 11,075 12,611 
Operating income (loss) from continuing operations6,004 (4,458)1,546 (10,679)$(9,133)
Plus:
Interest income458 
Interest expense(26,687)
Facility fees and debt-related income (expense)(2,294)
Defined benefit pension income (expense)(3,937)
Income (loss) from continuing operations before income taxes and equity in income$(41,593)
Other Segment Information:
Depreciation27,896 1,196 29,092 233 $29,325 
Amortization (b)
572 285 857 1,049 $1,906 
Capital expenditures17,407 1,768 19,175 129 $19,304 
Three Months Ended March 31, 2025
(in thousands)Harsco EnvironmentalHarsco RailTotal Reportable SegmentsCorporateTotal
Segment Profit and Loss:
Total revenues$243,106 $69,947 $313,053 $— $313,053 
Less:
Cost of services and products sold202,017 49,417 251,434 — 251,434 
Selling, general and administrative expenses (c)
30,598 12,736 43,334 (146)43,188 
Other segment activities (a)
4,388 1,810 6,198 (1,698)4,500 
Operating income (loss) from continuing operations6,103 5,984 12,087 1,844 $13,931 
Plus:
Interest income454 
Interest expense(25,486)
Facility fees and debt-related income (expense)(2,612)
Defined benefit pension income (expense)(5,193)
Income (loss) from continuing operations before income taxes and equity in income$(18,906)
Other Segment Information:
Depreciation25,509 1,032 26,541 281 $26,822 
Amortization (b)
540 67 607 951 $1,558 
Capital expenditures14,094 780 14,874 98 $14,972 
(a) Other segment activities include amounts reflected in the captions Research and development costs, Other income (expenses), net, and certain activities reported in Cost of services and products sold on New Enviri's Condensed Combined Statements of Operations.
(b) Amortization expense in Corporate relates to the amortization of deferred financing costs.
(c) Selling, general and administrative expenses by segment differ from amounts reflected in the historical Enviri combined financial statements due to the full allocation of corporate costs in the Combined Financial Statements. See Note 17, Relationship with Parent and Related Entities for additional information.