Envela, which operates multiple subsidiaries in the IT asset disposition and electronics recycling sector, saw lower ITAD sales during the third quarter of 2025, but higher margin on those sales than a year earlier.
The Irving, Texas-headquartered company operates ITAD facilities through its commercial division. A separate consumer division is focused on the consumer jewelry industry. Envela has become a larger player in the ITAD space in recent years through its acquisitions of Echo Environmental, Â ITAD USA, Avail Recovery Solutions and more. Its ITAD entities continue to operate under their respective brand names. It also provides traditional electronics recycling services, data center decommissioning, trade-in programs for retailers, and other services.
The company reported $12.3 million in commercial segment sales in the third quarter compared with $13.1 million a year earlier, a 6% drop. Envela attributed it to lower revenue from ITAD revenue share settlements, electronic scrap grades and consumer devices sourced from its trade-in programs. This drop was partially offset by increased service revenue, from product returns and end-of-life asset processing.
Despite the lower sales, Envela saw favorable margins in its ITAD segment – essentially, the company saw lower sales, but it made more money on those sales than it did a year earlier. It made less money per sale in electronic scrap, and about the same in trade-in devices.
Envela also reported it closed an Arizona ITAD facility during the second quarter. That facility’s processing capacity was fully absorbed into the company’s location in Texas.
