Waste Energy Corp. reported first-quarter 2026 results with revenue doubling year-over-year to $83.33K while recording a net loss attributable to Waste Energy of $(2,437,157). Diluted loss per share was $(0.02) for the quarter versus $(0.00) in the year-ago period.
Financial Highlights
- Revenue: $83.33K for Q1 2026, up from $41.67K in Q1 2025 (100.0% YoY).
- Net income: Net loss attributable to Waste Energy of $(2,437,157) for Q1 2026, versus net loss of $(23,068) in Q1 2025.
- Diluted EPS: $(0.02) for Q1 2026, versus $(0.00) for Q1 2025.
Business Highlights
- Revenue growth was driven by waste conversion consulting, with revenue doubling to $83.3K from $41.7K in the prior-year quarter.
- The company is shifting channels from consulting toward direct waste-to-energy operations and activities supporting a Midland facility build-out.
- Management increased business development and financing efforts to support the Midland facility construction and machine procurement.
- Continued focus on thermal conversion technology for plastic and tire waste and development of patent-pending AI emissions and carbon-credit technology.
Original SEC Filing:
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