v3.26.1
Review of Operations by Segment (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule 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 June 30, 2026
(in thousands)
Harsco
Environmental
Harsco
Rail
Total Reportable Segments
Corporate
Total
Segment Profit and Loss:
Total revenues
266,160 (78,818)$187,342 — $187,342 
Less:
Cost of services and products sold
221,940 123,679 345,619 — 345,619 
Selling, general and administrative expenses
27,196 10,330 37,526 11,536 49,062 
Other segment activities (a)
4,048 8,019 12,067 25,017 37,084 
Operating income (loss) from continuing operations12,976 (220,846)$(207,870)(36,553)$(244,423)
Plus:
Interest income580 
Interest expense(8,239)
Facility fees and debt-related income (expense)(318)
Defined benefit pension income (expense)(3,918)
Income (loss) from continuing operations before income taxes and equity in income$(256,318)
Other Segment Information:
Depreciation
27,438 1,185 $28,623 231 $28,854 
Amortization (b)
568 245 $813 1,052 $1,865 
Capital expenditures
20,704 1,523 $22,227 91 $22,318 
Three Months Ended June 30, 2025
(in thousands)
Harsco
Environmental
Harsco
Rail
Total Reportable
Segments
CorporateTotal
Segment Profit and Loss:
Total revenues258,009 57,963 $315,972 — $315,972 
Less:
Cost of services and products sold
220,194 65,563 285,757 — 285,757 
Selling, general and administrative expenses25,494 11,323 36,817 16,956 53,773 
Property, plant and equipment charge7,386 — 7,386 — 7,386 
Other segment activities (a)
684 1,402 2,086 (1,447)639 
Operating income (loss) from continuing operations4,251 (20,325)$(16,074)(15,509)$(31,583)
Plus:
Interest income414 
Interest expense(8,739)
Facility fees and debt-related income (expense)(154)
Defined benefit pension income (expense)(5,555)
Income (loss) from continuing operations before income taxes and equity in income
$(45,617)
Other Segment Information:
Depreciation
27,046 1,051 $28,097 255 $28,352 
Amortization (b)
571 106 $677 958 $1,635 
Capital expenditures
25,257 1,630 $26,887 8 $26,895 
Six Months Ended June 30, 2026
(in thousands)
Harsco EnvironmentalHarsco
Rail		Total Reportable
Segments		CorporateTotal
Segment Profit and Loss:
Total revenues522,877 (11,487)$511,390 — $511,390 
Less:
Cost of services and products sold
439,947 181,651 621,598 — 621,598 
Selling, general and administrative expenses55,139 22,088 77,227 24,203 101,430 
Other segment activities (a)
4,786 8,817 13,603 25,067 38,670 
Operating income (loss) from continuing operations23,005 (224,043)$(201,038)(49,270)$(250,308)
Plus:
Interest income1,038 
Interest expense(16,766)
Facility fees and debt-related income (expense)(538)
Defined benefit pension income (expense)(7,854)
Income (loss) from continuing operations before income taxes and equity in income$(274,428)
Other Segment Information:
Depreciation55,334 2,381 $57,715 464 $58,179 
Amortization (b)
1,140 530 $1,670 2,101 $3,771 
Capital expenditures38,111 3,291 $41,402 220 $41,622 
Six Months Ended June 30, 2025
(in thousands)
Harsco EnvironmentalHarsco
Rail		Total Reportable
Segments		CorporateTotal
Segment Profit and Loss:
Total revenues501,115 127,910 $629,025 — $629,025 
Less:
Cost of services and products sold
422,211 114,980 537,191 — 537,191 
Selling, general and administrative expenses52,122 22,905 75,027 30,817 105,844 
Property, plant and equipment charge7,386 — 7,386 — 7,386 
Other segment activities (a)
5,072 3,212 8,284 (3,145)5,139 
Operating income (loss) from continuing operations14,324 (13,187)$1,137 (27,672)$(26,535)
Plus:
Interest income868 
Interest expense(17,445)
Facility fees and debt-related income (expense)(570)
Defined benefit pension income (expense)(10,756)
Income (loss) from continuing operations before income taxes and equity in income
$(54,438)
Other Segment Information:
Depreciation52,555 2,083 $54,638 536 $55,174 
Amortization (b)
1,111 173 $1,284 1,909 $3,193 
Capital expenditures39,351 2,410 $41,761 106 $41,867 
(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.