RenX posts Q1 revenue of $3.96 million, up 20% sequentially

RenX Enterprises Corp.

RenX Enterprises Corp.

RENX

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  • RenX Enterprises posted first-quarter 2026 consolidated revenue of $3.96 million, up about 20% sequentially from fourth-quarter 2025.
  • Cumulative consolidated revenue exceeded $11 million across the 15 months since the June 2025 acquisitions, comprising about $8.22 million in fiscal 2025 plus $3.96 million in the first quarter.
  • The Logistics segment swung to positive operating income and positive net income, versus an operating loss and a net loss in the prior quarter; segment revenue rose about 19% sequentially.
  • Biomass Recycling mulch revenue climbed to about $400,000 from about $205,000, up about 96% sequentially; high-processed wood mulch rose to about $140,000 from about $68,000, up about 107%.
  • Compost revenue slipped to about $89,000 from about $108,000, down about 18%, reflecting a shift toward higher-value engineered outputs.


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