FINHUB Insights

WM · Q1 FY26 · Jan 1 – Mar 31, 2026

Waste Management Q1 FY26: where the revenue came from and where it went

Waste Management Q1 FY26: revenue $6.2B (+3% year over year). Net profit $0.7B. Largest cohort East Tier $2.4B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2026
Reported
Jul 29, 2026 10-Q
Sankey diagram of Waste Management's income statement for Q1 FY26: revenue of $6.2 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$6.2B +3% year over year
Gross profit$2.5B 41% margin
Operating profit$1.1B 18% margin
Net profit$0.7B 12% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
ItemValueShare of revenueYear over year
Revenue 6.2 100% +3%
East Tier 2.4 39%
West Tier 2.3 37%
Other Ancillary 0.8 13%
Healthcare Solutions 0.6 10%
Renewable Energy 0.2 3%
Cost of revenue−3.760%
Gross profit2.541% margin+1pp
SG&A−0.711%+0pp
Other−0.711%+0pp
Operating profit1.118% margin+1pp
Tax−0.2
Interest & other costs−0.2
Net profit0.712%+1pp
Filing on EDGAR More quarters of WM

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters