Comstock Inc. reported results for the current quarter of 2026 showing revenue of $272.82K and a net loss of ($25.47M), or loss per share of ($0.34), compared with revenue of $339.55K and a net loss of ($7.83M), or ($0.27) per share, in the prior-year quarter.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$272.82K$339.55K(19.7%) | Net income²($25.47M)($7.83M)(225.4%) | Diluted EPS³($0.34)($0.27)(25.9%) |
¹ Reported as “Revenue”. ² Reported as “Net loss attributable to Comstock Inc.”. ³ Reported as “loss per share - basic and diluted”.
Business Highlights
- Revenue declined year over year due to reduced metals decommissioning services and fewer large projects.
- Commissioning is planned in Q3 2026 for the company’s first industry-scale solar panel recycling plant with 100k ton/year capacity.
- Operational footprint includes storage and logistics sites in California and Ohio, a demonstration plant in Nevada, and planned additional facilities in Nevada and Ohio.
- Bioleum initiatives progressed with integration of Hexas feedstock and RenFuel IP, targeting pilot-to-demo scale-up for renewable fuels.
- Company is monetizing non-core assets, including mining assets and real estate, while securing long-term supply contracts and permits.
Original SEC Filing:
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