SEATTLE (Recycling Monster): Waste Connections has increased its full-year 2026 financial outlook after reporting stronger-than-expected second-quarter results. The company’s robust Q2 results were supported by higher pricing and improving recycled commodity markets. The recent acquisitions by the company also contributed to the results.

The company posted Q2 revenue of $2.56 billion, a 6.4% increase from the same period last year. Net income rose 2.1% year over year to $296.4 million, while adjusted EBITDA climbed 6.8% to $840.1 million, with an EBITDA margin of 32.8%.

Waste Connections reported lower risk management costs and improve operating margins despite ongoing global economic and geopolitical uncertainties. Solid waste core pricing averaged 5.6% during the quarter, with the company maintaining its full-year pricing target of approximately 5.5%. Fuel and material surcharges added 1.1% to total pricing, helping recover higher fuel expenses.

While overall solid waste volumes declined 1.9% due to slower economic activity, construction and demolition waste volumes recorded their first year-over-year increase in ten quarters.

Waste Connections announced an improved 2026 forecast. The company now expects annual revenue between $10.02 billion and $10.05 billion, with adjusted EBITDA projected at $3.33 billion to $3.34 billion.

YOU MAY ALSO BE INTERESTED IN:

VLS Environmental Solutions Expands West Coast Presence with ECC Acquisition

Stericycle Agrees to $56 Million Settlement Over Controlled Substance Handling Violations