Casella Waste Systems CWST
NASDAQ CWST
$89.15 -2.01 (-2.20%)
As of: Sep 10, 2026 · 1:37 PM EDT

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

Historic Data

Download Data
DateValue
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