Waste Management Inc reported second-quarter 2026 results with revenue of $6.68B, net income of $785M and diluted EPS of $1.95, each up versus the year-ago quarter as growth in recycling and renewable energy and pricing gains offset modest volume declines.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$6.68B$6.43B4% | Net income²$785M$726M8.1% | Diluted EPS³$1.95$1.88.3% |
¹ Reported as “Operating revenues”. ² Reported as “Net income attributable to Waste Management, Inc.”. ³ Reported as “Diluted earnings per common share”.
Business Highlights
- Revenue growth of 4.0% was driven by yield increases and expansion in recycling and renewable energy activities.
- Collection volumes were slightly down, but higher pricing and energy surcharges largely offset the decline.
- Integration of Healthcare Solutions is contributing to improved margins through synergies.
- Recycling and renewable natural gas (RNG) projects came online, shifting the company from construction to harvesting returns.
- Ongoing investments in automation, digital tools and fleet optimization reduced cost-to-serve and supported free cash flow improvements.
Original SEC Filing:
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