GFL Environmental (GFL) Cost of Revenue (2019 - 2026)
GFL Environmental (GFL) posted quarterly Cost of Revenue of $1.6 billion for Q2 2026, up 66.08% year-over-year from $940.5 million in Q2 2025, and up 59.38% quarter-over-quarter from $980.1 million in Q1 2026.
GFL Environmental (GFL) Cost of Revenue (2019 - 2026) Analysis & Trends
GFL Environmental (GFL) has reported Cost of Revenue for 8 consecutive years, with $1.6 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Cost of Revenue rose 66.08% year-over-year to $1.6 billion; the TTM figure through Jun 2026 stood at $4.9 billion (up 20.67% YoY), while the FY2025 annual figure was $3.8 billion, down 25.02% from the prior year.
- Cost of Revenue climbed to $1.6 billion in Q2 2026 per GFL's latest filing, from $980.1 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $1.6 billion in Q4 2022 and bottomed at $886.9 million in Q1 2025.
- Historically, Cost of Revenue has averaged $1.2 billion across 5 years, with a median of $1.2 billion in 2023.
- Annual changes were most pronounced in 2024 — Cost of Revenue slumped 39.63% — and 2026, when it jumped 66.08%.
- GFL Environmental's Cost of Revenue stood at $1.6 billion in 2022, then declined by 3.08% to $1.6 billion in 2023, then fell by 19.16% to $1.3 billion in 2024, then grew by 6.0% to $1.3 billion in 2025, then rose by 15.81% to $1.6 billion in 2026.
- Business Quant data shows GFL's Cost of Revenue at $1.6 billion in Q2 2026, $980.1 million in Q1 2026, and $1.3 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 89.87 Bn | 89.31 Bn | 2.73 Bn | 3.96 Bn |
| 2 | Republic Services | 67.76 Bn | 67.65 Bn | 1.87 Bn | 2.56 Bn |
| 3 | Waste Connections | 43.02 Bn | 42.93 Bn | 1.08 Bn | 1.48 Bn |
| 4 | Clean Harbors | 16.72 Bn | 16.20 Bn | 608.78 Mn | 1.13 Bn |
| 5 | GFL Environmental | 14.88 Bn | 14.69 Bn | 278.90 Mn | 1.13 Bn |
| 6 | Casella Waste Systems | 5.85 Bn | 5.83 Bn | 178.80 Mn | 364.95 Mn |
| 7 | Sino Green Land | 972.56 Mn | 972.48 Mn | -78,936.00 | 413,702.00 |
| 8 | Onterris | 564.12 Mn | 550.43 Mn | 82.26 Mn | 104.40 Mn |
| 9 | Perma Fix Environmental Services | 341.45 Mn | 307.49 Mn | -2.50 Mn | 15.39 Mn |
| 10 | American Battery Technology | 339.53 Mn | 300.24 Mn | 737,749.00 | 7.07 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.56 Bn |
| Jun 30, 2026 | 1.56 Bn |
| Mar 31, 2026 | 980.05 Mn |
| Mar 31, 2026 | 980.05 Mn |
| Dec 31, 2025 | 1.35 Bn |
| Dec 31, 2025 | 1.35 Bn |
| Sep 30, 2025 | 962.06 Mn |
| Sep 30, 2025 | 962.06 Mn |
| Jun 30, 2025 | 940.54 Mn |
| Jun 30, 2025 | 940.54 Mn |
| Mar 31, 2025 | 886.90 Mn |
| Mar 31, 2025 | 886.90 Mn |
| Dec 31, 2024 | 1.27 Bn |
| Dec 31, 2024 | 1.27 Bn |
| Sep 30, 2024 | 921.67 Mn |
| Sep 30, 2024 | 921.67 Mn |
| Jun 30, 2024 | 943.76 Mn |
| Jun 30, 2024 | 943.76 Mn |
| Mar 31, 2024 | 1.19 Bn |
| Mar 31, 2024 | 1.19 Bn |