Onterris Reports Q3 2026 Earnings with Increased Adjusted EBITDA and EPS
Onterris (ONT) reported third-quarter 2026 financial results characterized by improved profitability despite a year-over-year revenue decline. Total revenue fell 9.7% to $203.0 million, primarily due to the absence of $45.4 million in revenue from a significant environmental recovery event that occurred in 2025. However, Adjusted EBITDA rose to $35.9 million, and Adjusted EPS increased significantly to $0.56 from $0.36 in the prior year period. The company demonstrated strong operational efficiency, with an Adjusted EBITDA margin of 17.7% driven by cost discipline and a better project mix. Cash flow also saw a substantial boost, with operating cash flow increasing 46% to $40.9 million. Management remains focused on long-term growth, targeting a 15% compound annual growth rate in revenue through 2030 and maintaining aggressive share repurchase programs.
Topics: Adjusted EBITDA EPS Financial Performance Operating Cash Flow Revenue