WM · 10-Q · 2026Q3 · Full report

Market Demand Trends

WASTE MANAGEMENT INC · 2026-10-28 · Importance 25 · Surprise 32

Company-wide revenues from volume, excluding acquisitions, divestitures, and Healthcare Solutions, increased $53 million, or 0.8%, in the third quarter and $43 million, or 0.2%, in the first nine months of 2026. Recycling Processing and Sales and Renewable Energy volumes grew, while collection volumes declined, primarily because the company shed lower-margin residential business and commercial collection volumes fell. Special waste volumes also declined in the first nine months, compared with a prior-year period that benefited from wildfire cleanup in the West Tier.