Revenue Growth Driven by Core Operations
WM grew total revenue by 3.5% YoY to $6.23B in Q1 2026, up from $6.02B in Q1 2025, reflecting steady demand for waste management and environmental services despite a modest macroeconomic backdrop.
WASTE MANAGEMENT INC is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: WM delivered a strong Q1 2026 with revenue of $6.23B (+3.5% YoY), operating income surging 9.9% to $1.11B, and net income climbing 13.5% to $723M, driven by margin expansion and robust operating cash flow of $1.50B.
Drawn from management commentary in the Q1 2026 10-Q:
WM grew total revenue by 3.5% YoY to $6.23B in Q1 2026, up from $6.02B in Q1 2025, reflecting steady demand for waste management and environmental services despite a modest macroeconomic backdrop.
Operating margin improved approximately 100 basis points YoY to 17.87% from 16.83%, as operating income grew 9.9% to $1.11B while cost of revenue grew at a slower pace of 2.3%, indicating improved operational efficiency and pricing discipline.
Operating cash flow surged 24.3% YoY to $1.50B, significantly outpacing net income growth of 13.5%, supported by D&A of $735M (+6.4% YoY), underscoring WM's asset-heavy but cash-generative business model.
Revenue
$6.23B
++3.47% YoY
EPS (Basic)
$1.79
++13.29% YoY
Operating Income
$1.11B
++9.87% YoY
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