Waste Management Q2 FY26: where the revenue came from and where it went
The whole income statement of Waste Management for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Apr 1 – Jun 30, 2026
- Reported
- Jul 29, 2026
Revenue$6.68B
+4% year over year
Gross profit$2.73B
41% margin
Operating profit$1.25B
19% margin
Net profit$0.79B
12% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 6.68 | 100% | +4% |
| Commercial | 1.49 | 22% | +6% |
| Landfill | 1.00 | 15% | −3% |
| Residential | 0.91 | 14% | +4% |
| Other collection | 0.85 | 13% | +7% |
| Industrial | 0.82 | 12% | +4% |
| Healthcare solutions | 0.64 | 10% | −1% |
| Other revenue | 0.57 | 8% | |
| Transfer | 0.41 | 6% | +5% |
| Cost of revenue | −3.96 | 59% | |
| Gross profit | 2.73 | 41% margin | +0pp |
| SG&A | −0.68 | 10% | −1pp |
| Other | −0.79 | 12% | +0pp |
| Operating profit | 1.25 | 19% margin | +1pp |
| Interest & other costs | −0.23 | ||
| Tax | −0.24 | ||
| Net profit | 0.79 | 12% margin |
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