WM · 8-K · 20261027PR119188

Revenue Performance and Mix

WASTE MANAGEMENT INC · 2026-10-27 · Importance 24 · Surprise 14

Third-quarter 2026 revenue was $6.846 billion, up 6.3% from $6.443 billion, with 5.8% core price growth and 3.4% Collection and Disposal yield growth. Collection and Disposal revenue increased to $5.579 billion from $5.321 billion, while Recycling Processing and Sales revenue rose 18.5% to $441 million and Renewable Energy revenue rose 45.2% to $167 million. Healthcare Solutions revenue grew 3.7% to $651 million; the company also reported higher recycling and renewable-energy volumes following completed growth projects. Collection and Disposal volume declined 0.4%, including workday-adjusted volume down 0.5%, amid intentional shedding of lower-margin residential business and commercial declines tied largely to prior national account broker losses.

Key facts

• For the three months ended September 30, 2026, WM reported revenue of $6,846 million, income from operations of $1,279 million, adjusted income from operations of $1,329 million, operating EBITDA of $2,071 million, adjusted operating EBITDA of $2,121 million, operating EBITDA margin of 30.3%, adjusted operating EBITDA margin of 31.0%, net income of $820 million, adjusted net income of $858 million, diluted EPS of $2.05, and adjusted diluted EPS of $2.15. source
• Healthcare Solutions revenue grew 3.7% in the third quarter of 2026, and operating EBITDA increased more than 30%, driven by cost management, synergy capture, and pricing growth. source
• WM's total company revenue grew 6.3% in the third quarter of 2026, driven by core price of 5.8% and Collection and Disposal yield of 3.4%. source
• WM's third-quarter 2026 revenue growth was also driven by increased energy surcharges and higher volumes in recycling and renewable energy businesses resulting from completed growth projects. source