Avalon Holdings Corporation filed its Form 10-Q for the quarterly period ended September 30, 2026 with the U.S. Securities and Exchange Commission on November 6, 2026, reporting financial results for both the third quarter and the nine months ended on that date.

Key Highlights

  • Net income of $2.615 million was reported for the three months ended September 30, 2026, compared with $1.789 million in the same period of 2025, according to the filing.
  • Total net operating revenues of $24.296 million were recorded for Q3 2026, down from $25.746 million in Q3 2025, the filing disclosed.
  • Operating income of $3.165 million for the third quarter of 2026 compares with $2.346 million in Q3 2025, as reported in the condensed consolidated statements of operations.
  • Basic net income per share of $0.69 was reported for the three months ended September 30, 2026, versus $0.49 for the same period in 2025, based on weighted average shares outstanding of 3,899 thousand.
  • Nine-month net income attributable to Avalon Holdings common shareholders was $2.334 million, compared with $677 thousand for the nine months ended September 30, 2025.
  • Total assets stood at $88.297 million as of September 30, 2026, compared with $87.381 million at December 31, 2025, per the balance sheet.
  • Cash and cash equivalents increased to $6.306 million at September 30, 2026, from $4.114 million at December 31, 2025, the filing stated.

Avalon Holdings Reports Higher Q3 2026 Earnings Across Both Business Segments

Avalon Holdings Corporation (NYSE American:AWX) reported consolidated results for the third quarter of 2026 showing net income attributable to common shareholders of $2.685 million, up from $1.902 million in Q3 2025, according to the filing. Total net operating revenues for the quarter were $24.296 million, with waste management services contributing $11.098 million and total golf and related operations contributing $13.198 million. Waste management revenues declined from $12.918 million in Q3 2025, while golf and related operations revenues increased from $12.828 million in the prior-year period.

For the nine months ended September 30, 2026, total net operating revenues reached $62.852 million, compared with $62.067 million for the same period in 2025, the filing disclosed. Nine-month operating income was $3.788 million, up from $1.946 million a year earlier. The provision for income taxes for the nine-month period was $113 thousand, compared with $100 thousand in 2025. Net loss attributable to non-controlling interests was $191 thousand for the nine-month period, versus $363 thousand in the year-ago period.

The condensed consolidated balance sheet as of September 30, 2026 showed total equity of $39.096 million, up from $36.953 million at December 31, 2025. The accumulated deficit narrowed to $18.556 million from $20.890 million at year-end 2025. Long-term debt, net of current portion, was $27.545 million, and the line of credit stood at $3.200 million. As of November 6, 2026, the registrant reported 3,287,647 shares of Class A Common Stock and 611,784 shares of Class B Common Stock outstanding.

What Was Disclosed

Avalon Holdings Corporation filed its quarterly report covering the period ended September 30, 2026, disclosing revenue, earnings, and balance sheet data for its waste management services and golf and related operations segments, along with share counts and equity position as of the filing date.