RSG · 8-K · 20260806PR000273

Operating Expense Trends

REPUBLIC SERVICES, INC. · 2026-08-06 · Importance 46 · Surprise 56

Second-quarter cost of operations increased 4.7% to $2.563 billion from $2.449 billion, remaining 57.9% of revenue. Fuel expense increased 47.4% to $171 million from $116 million, while transportation and subcontract costs increased 10.3% to $333 million. Selling, general and administrative expense increased 4.5% to $444 million from $425 million, remaining 10.0% of revenue. Salaries and related benefits increased to $292 million from $280 million, and the provision for doubtful accounts increased to $15 million from $8 million.

Key facts

• Cost of operations for the three months ended June 30, 2026: $2,563 million, representing 57.9% of revenue. source
• Labor and related benefits for the three months ended June 30, 2026: $864 million, representing 19.5% of revenue. source
• Fuel expense for the three months ended June 30, 2026: $171 million, representing 3.9% of revenue. source
• Days sales outstanding as of June 30, 2026: 41.7 days, or 31.8 days net of deferred revenue, compared to 41.8 and 30.8 days, respectively, as of December 31, 2025. source