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Q2 FY24
Q4 FY24
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Q2 FY26
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Q2 FY26
Apr 1 – Jun 30, 2026
reported Aug 7, 2026
Revenue $5.08B
+4% year over year
Gross profit $2.51B
50% margin
Operating profit $0.90B
18% margin
Net profit $0.57B
11% margin
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The numbers behind the diagram
All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
Item Value Share of revenue Year over year
Revenue
5.08
100%
+4%
Small-container
1.37
27%
Other revenue
0.89
18%
Large-container
0.84
16%
Residential
0.77
15%
Landfill
0.52
10%
Environmental solutions
0.46
9%
Transfer
0.23
5%
Cost of revenue −2.56 50%
Gross profit 2.51 50% margin +0pp
SG&A −0.44 9% +0pp
Other −1.17 23% +0pp
Operating profit 0.90 18% margin +0pp
Interest & other costs −0.20
Tax −0.13
Net profit 0.57
11% margin +0pp
Figures are rounded to the precision shown, so a column can differ slightly from its own total.
All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item Value Share of revenue Year over year
Revenue
4.70
100%
+2%
Cost of revenue −2.37 50%
Gross profit 2.33 50% margin +0pp
SG&A −0.43 9% +0pp
Other −1.08 23% +0pp
Operating profit 0.83 18% margin +0pp
Interest & other costs −0.17
Tax −0.13
Net profit 0.53
11% margin +0pp
Figures are rounded to the precision shown, so a column can differ slightly from its own total.
All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
Item Value Share of revenue Year over year
Segment revenue
5.71
121%
Landfill, net
1.92
41%
Environmental solutions, net
1.77
37%
Transfer, net
0.85
18%
Recycling processing
0.43
9%
Other non-core
0.39
8%
Other revenue
0.28
6%
Collection: other
0.07
2%
Eliminations
−0.99
−21%
Net revenue
4.73
100%
+2%
Cost of revenue −2.40 51%
Gross profit 2.32 49% margin −1pp
SG&A −0.44 9% +0pp
Other −1.08 23% +0pp
Operating profit 0.80 17% margin +0pp
Interest & other costs −0.26
Net profit 0.55
12% margin
Figures are rounded to the precision shown, so a column can differ slightly from its own total.
All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
Item Value Share of revenue Year over year
Revenue
4.83
100%
+3%
Small-container
1.27
26%
+5%
Other revenue
0.84
17%
Large-container
0.80
16%
+3%
Residential
0.75
16%
+2%
Landfill
0.52
11%
+14%
Environmental solutions
0.43
9%
−7%
Transfer
0.22
5%
+6%
Cost of revenue −2.46 51%
Gross profit 2.36 49% margin +0pp
SG&A −0.42 9% +0pp
Other −1.11 23% +0pp
Operating profit 0.84 17% margin −1pp
Interest & other costs −0.19
Tax −0.10
Net profit 0.55
11% margin −1pp
Figures are rounded to the precision shown, so a column can differ slightly from its own total.
All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
Item Value Share of revenue Year over year
Revenue
4.88
100%
+5%
Cost of revenue −2.45 50%
Gross profit 2.43 50% margin +1pp
SG&A −0.43 9% +0pp
Other −1.15 23% +0pp
Operating profit 0.86 18% margin
Interest & other costs −0.14
Tax −0.17
Net profit 0.55
11% margin +0pp
Figures are rounded to the precision shown, so a column can differ slightly from its own total.
All figures in billions of U.S. dollars, for Q4 FY24 (period ends Dec 31, 2024).
Item Value Share of revenue Year over year
Segment revenue
5.61
121%
Environmental solutions, net
1.84
40%
Landfill, net
1.74
38%
Transfer, net
0.81
17%
Other revenue
0.43
9%
Recycling processing
0.41
9%
Other non-core
0.38
8%
Eliminations
−0.98
−21%
Net revenue
4.64
100%
+5%
Cost of revenue −2.32 50%
Gross profit 2.32 50% margin +2pp
SG&A −0.45 10% +0pp
Other −1.07 23% +0pp
Operating profit 0.80 17% margin +1pp
Interest & other costs −0.29
Net profit 0.51
11% margin +1pp
Figures are rounded to the precision shown, so a column can differ slightly from its own total.
All figures in billions of U.S. dollars, for Q2 FY24 (period ends Jun 30, 2024).
Item Value Share of revenue Year over year
Revenue
4.66
100%
+8%
Small-container
1.20
26%
Other revenue
0.84
18%
Large-container
0.77
17%
Residential
0.73
16%
Environmental solutions
0.47
10%
Landfill
0.44
9%
Transfer
0.21
4%
Cost of revenue −2.38 51%
Gross profit 2.28 49% margin +0pp
SG&A −0.41 9% +0pp
Other −1.06 22% +0pp
Operating profit 0.81 17% margin +1pp
Interest & other costs −0.16
Tax −0.14
Net profit 0.51
11% margin +1pp
Quarter by quarter
Every set of results we hold, newest first. Open one on its own page. The arrow beside a quarter shows it in the diagram above.
Quarter
Period
Reported
Revenue
Year over year
Operating margin
Net profit
Net margin
Q2 FY26
Apr 1 – Jun 30, 2026
Aug 7, 2026
$5.08B
+4%
18%
$0.57B
11%
Q1 FY26
Jan 1 – Mar 31, 2026
May 8, 2026
$4.70B
+2%
18%
$0.53B
11%
Q4 FY25
Oct 1 – Dec 31, 2025
Feb 18, 2026
$4.73B
+2%
17%
$0.55B
12%
Q3 FY25
Jul 1 – Sep 30, 2025
Oct 31, 2025
$4.83B
+3%
17%
$0.55B
11%
Q2 FY25
Apr 1 – Jun 30, 2025
Jul 30, 2025
$4.88B
+5%
18%
$0.55B
11%
Q4 FY24
Oct 1 – Dec 31, 2024
Feb 14, 2025
$4.64B
+5%
17%
$0.51B
11%
Q2 FY24
Apr 1 – Jun 30, 2024
Jul 25, 2024
$4.66B
+8%
17%
$0.51B
11%
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