FINHUB Insights

WM · Q2 FY26 · Apr 1 – Jun 30, 2026

Waste Management Q2 FY26: where the revenue came from and where it went

Waste Management Q2 FY26: revenue $6.7B (+4% year over year). Net profit $0.8B. Largest cohort Commercial $1.5B. The whole income statement as a sankey diagram from the SEC filing.

Period
Apr 1 – Jun 30, 2026
Reported
Jul 29, 2026 10-Q
Sankey diagram of Waste Management's income statement for Q2 FY26: revenue of $6.68 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$6.68B +4% year over year
Gross profit$2.73B 41% margin
Operating profit$1.25B 19% margin
Net profit$0.79B 12% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
ItemValueShare of revenueYear 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 0.57 8%
Transfer 0.41 6% +5%
Cost of revenue−3.9659%
Gross profit2.7341% margin+0pp
SG&A−0.6810%−1pp
Other−0.7912%+0pp
Operating profit1.2519% margin+1pp
Tax−0.24
Interest & other costs−0.23
Net profit0.7912%+0pp
Filing on EDGAR More quarters of WM

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