StockWatch
·
Environmental Services
Quarterly ResultJul 29, 2026, 04:24 PM

GFL Environmental Q2 Revenue +16.3% to $1.95B; Raises FY26 Guidance

AI Summary

GFL Environmental reported strong second quarter 2026 results, with revenue increasing 16.3% to $1.95 billion and Adjusted EBITDA rising 14.8% to $591.2 million. The company also raised its full-year 2026 guidance for the second time, now expecting revenue between $7.51 billion and $7.53 billion and Adjusted EBITDA of $2.29 billion. Additionally, GFL noted that it has received unsolicited preliminary expressions of interest from multiple parties to take the company private, leading to the formation of a special committee by the Board.

Key Highlights

  • Q2 2026 Revenue increased 16.3% to $1,947.8 million.
  • Q2 2026 Adjusted EBITDA rose 14.8% to $591.2 million.
  • Q2 2026 Adjusted Free Cash Flow was $236.7 million.
  • Full-year 2026 revenue guidance raised to $7,510 million to $7,530 million.
  • Full-year 2026 Adjusted EBITDA guidance raised to $2,290 million.
  • Full-year 2026 Adjusted Free Cash Flow guidance raised to $900 million.
  • Year-to-date acquisitions generated $435.0 million to $460.0 million in annualized revenue.
  • Board formed a special committee to oversee discussions regarding unsolicited private takeover interest.