Waste Connections, Inc.WCNEarnings & Financial Report
Waste Connections, Inc. is a North American integrated waste services company that provides waste collection, transfer, disposal and recycling services, primarily of solid waste. It has operations in both the United States and Canada. Its headquarters is located in The Woodlands, Texas. It is the third largest waste management company in North America.
WCN Q1 FY2026 Key Financial Metrics
Revenue
$2.4B
Gross Profit
N/A
Operating Profit
$364.1M
Net Profit
$219.3M
Gross Margin
N/A
Operating Margin
15.4%
Net Margin
9.3%
YoY Growth
6.4%
EPS
$0.86
Waste Connections, Inc. Q1 FY2026 Financial Summary
Waste Connections, Inc. reported revenue of $2.4B (up 6.4% YoY) for Q1 FY2026, with a net profit of $219.3M (down 9.2% YoY) (9.3% margin).
Key Financial Metrics
| Total Revenue | $2.4B |
|---|---|
| Net Profit | $219.3M |
| Gross Margin | N/A |
| Operating Margin | 15.4% |
| Report Period | Q1 FY2026 |
Waste Connections, Inc. Annual Revenue by Year
Waste Connections, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $9.5B).
Waste Connections, Inc. Quarterly Revenue & Net Profit History
Waste Connections, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $2.4B | +6.4% | $219.3M | 9.3% |
| Q4 FY2025 | $2.4B | +5.0% | $258.5M | 10.9% |
| Q3 FY2025 | $2.5B | +5.1% | $286.3M | 11.6% |
| Q2 FY2025 | $2.4B | +7.1% | $290.3M | 12.1% |
| Q1 FY2025 | $2.2B | +7.5% | $241.5M | 10.8% |
| Q4 FY2024 | $2.3B | +11.0% | $-196.0M | -8.7% |
| Q3 FY2024 | $2.3B | +13.3% | $308.0M | 13.2% |
| Q2 FY2024 | $2.2B | +11.2% | $275.5M | 12.3% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.25B | $2.34B | $2.26B | $2.23B | $2.41B | $2.46B | $2.37B | $2.37B |
| YoY Growth | 11.2% | 13.3% | 11.0% | 7.5% | 7.1% | 5.1% | 5.0% | 6.4% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $19.30B | $20.10B | $19.82B | $20.25B | $20.68B | $20.78B | $21.13B | $21.19B |
| Liabilities | $11.32B | $11.83B | $11.96B | $12.24B | $12.32B | $12.69B | $12.88B | $13.13B |
| Equity | $7.98B | $8.26B | $7.86B | $8.01B | $8.35B | $8.09B | $8.25B | $8.06B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $611.4M | $558.3M | $568.9M | $541.5M | $638.2M | $677.4M | $556.9M | $545.6M |