Quarterly ResultJul 31, 2026, 05:02 PM
GFL Environmental Q2 Revenue Up 16.3% to $1.95B; Reports Net Loss
AI Summary
GFL Environmental Inc. reported its second quarter and first half 2026 financial results, showing a 16.3% increase in Q2 revenue to $1,947.8 million. However, the company recorded a net loss of $162.6 million from continuing operations for Q2 2026, a significant swing from a net income of $259.7 million in Q2 2025, resulting in a basic loss per share of $0.47. The company's long-term debt increased by 29.3% to $9,599.2 million, partly due to the acquisition of 10 businesses in the first half of 2026 for a total consideration of $1,604.5 million.
Key Highlights
- Q2 2026 Revenue increased 16.3% to $1,947.8 million.
- H1 2026 Revenue increased 11.0% to $3,591.6 million.
- Q2 2026 Net Loss from continuing operations was $162.6 million.
- H1 2026 Net Loss from continuing operations was $381.8 million.
- Q2 2026 Basic Loss Per Share (continuing ops) was $0.47.
- Acquired 10 businesses in H1 2026 for $1,604.5 million.
- Long-term debt rose 29.3% to $9,599.2 million as of June 30, 2026.
- Total assets increased to $21,528.9 million as of June 30, 2026.
Price Impact
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