Casella Waste Systems (CWST) Operating Expenses (2010 - 2026)
Casella Waste Systems' (CWST) quarterly Operating Expenses came in at $523.8 million in Q2 2026, up 17.42% on a YoY basis from $446.1 million in Q2 2025, and up 15.76% quarter-over-quarter from $452.5 million in Q1 2026.
Analysis
Casella Waste Systems (CWST) Operating Expenses (2010 - 2026) Analysis & Trends
Casella Waste Systems (CWST) has reported Operating Expenses for 17 consecutive years, with $523.8 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 17.42% year-over-year to $523.8 million; the trailing twelve-month figure through Jun 2026 stood at $1.9 billion (up 14.08% YoY), and the FY2025 full-year result was $1.8 billion, up 19.44% from the prior year.
- Operating Expenses climbed to $523.8 million in Q2 2026 per CWST's latest filing, from $452.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $523.8 million in Q2 2026 and bottomed at $223.9 million in Q1 2022.
- Historically, Operating Expenses has averaged $356.0 million across 5 years, with a median of $350.2 million in 2023.
- The widest YoY moves for Operating Expenses: up 35.82% in 2023, down 5.99% in 2023.
- Over 5 years, Operating Expenses stood at $254.9 million in 2022, then soared by 35.82% to $346.2 million in 2023, then grew by 18.12% to $409.0 million in 2024, then grew by 11.79% to $457.2 million in 2025, then gained by 14.57% to $523.8 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $523.8 million, $452.5 million, and $457.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 86.34 Bn | 85.78 Bn | 2.73 Bn | 5.43 Bn |
| 2 | Republic Services | 68.27 Bn | 68.16 Bn | 1.87 Bn | 448.00 Mn |
| 3 | Waste Connections | 40.49 Bn | 40.39 Bn | 1.08 Bn | 538.77 Mn |
| 4 | GFL Environmental | 15.45 Bn | 15.26 Bn | 385.80 Mn | 600.10 Mn |
| 5 | Casella Waste Systems | 5.67 Bn | 5.65 Bn | 178.80 Mn | 523.78 Mn |
| 6 | Comstock | 230.85 Mn | 230.85 Mn | -896,073.00 | 26.04 Mn |
| 7 | Quest Resource Holding | 29.23 Mn | 28.20 Mn | 10.43 Mn | 20.39 Mn |
| 8 | ReTo Eco-Solutions | 51,315.44 | -5.98 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 523.78 Mn |
| Mar 31, 2026 | 452.47 Mn |
| Dec 31, 2025 | 457.17 Mn |
| Sep 30, 2025 | 455.98 Mn |
| Jun 30, 2025 | 446.06 Mn |
| Mar 31, 2025 | 413.96 Mn |
| Dec 31, 2024 | 408.96 Mn |
| Sep 30, 2024 | 387.25 Mn |
| Jun 30, 2024 | 354.15 Mn |
| Mar 31, 2024 | 334.17 Mn |
| Dec 31, 2023 | 346.21 Mn |
| Sep 30, 2023 | 318.55 Mn |
| Jun 30, 2023 | 267.03 Mn |
| Mar 31, 2023 | 252.33 Mn |
| Dec 31, 2022 | 254.91 Mn |
| Sep 30, 2022 | 258.98 Mn |
| Jun 30, 2022 | 251.95 Mn |
| Mar 31, 2022 | 223.86 Mn |
| Dec 31, 2021 | 225.52 Mn |
| Sep 30, 2021 | 214.58 Mn |