GFL Environmental (GFL) Operating Expenses (2019 - 2026)
GFL Environmental (GFL) posted quarterly Operating Expenses of $10.3 million for Q2 2026, down 93.84% year-over-year from $167.7 million in Q2 2025, and down 97.42% quarter-over-quarter from $400.6 million in Q1 2026.
GFL Environmental (GFL) Operating Expenses (2019 - 2026) Analysis & Trends
GFL Environmental (GFL) has reported Operating Expenses for 8 consecutive years, with $10.3 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses fell 93.84% year-over-year to $10.3 million; the TTM figure through Jun 2026 stood at $831.3 million (down 12.78% YoY), while the FY2025 annual figure was $4.5 billion, down 14.54% from the prior year.
- Operating Expenses eased to $10.3 million in Q2 2026 per GFL's latest filing, from $400.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $1.3 billion in Q4 2023 and bottomed at -$57.3 million in Q1 2022.
- Historically, Operating Expenses has averaged $342.3 million across 5 years, with a median of $211.3 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses tumbled 116.73% — and 2023, when it surged 816.14%.
- GFL Environmental's Operating Expenses stood at $1.3 billion in 2022, then advanced by 3.86% to $1.3 billion in 2023, then plunged by 81.34% to $244.3 million in 2024, then rose by 11.63% to $272.7 million in 2025, then tumbled by 96.21% to $10.3 million in 2026.
- Business Quant data shows GFL's Operating Expenses at $10.3 million in Q2 2026, $400.6 million in Q1 2026, and $272.7 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 90.39 Bn | 89.83 Bn | 2.73 Bn | 5.43 Bn |
| 2 | Republic Services | 67.62 Bn | 67.51 Bn | 1.87 Bn | 448.00 Mn |
| 3 | Waste Connections | 42.71 Bn | 42.61 Bn | 1.08 Bn | 538.77 Mn |
| 4 | Clean Harbors | 17.07 Bn | 16.56 Bn | 608.78 Mn | 214.57 Mn |
| 5 | GFL Environmental | 14.89 Bn | 14.70 Bn | 278.90 Mn | 433.83 Mn |
| 6 | Casella Waste Systems | 5.91 Bn | 5.89 Bn | 178.80 Mn | 523.78 Mn |
| 7 | Sino Green Land | 646.75 Mn | 646.67 Mn | -78,936.00 | 201,005.00 |
| 8 | Onterris | 529.21 Mn | 515.52 Mn | 82.26 Mn | 66.50 Mn |
| 9 | Perma Fix Environmental Services | 334.90 Mn | 300.95 Mn | -2.50 Mn | 4.00 Mn |
| 10 | American Battery Technology | 307.22 Mn | 267.94 Mn | 737,749.00 | 35.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 10.34 Mn |
| Mar 31, 2026 | 400.55 Mn |
| Dec 31, 2025 | 272.70 Mn |
| Sep 30, 2025 | 147.72 Mn |
| Jun 30, 2025 | 167.73 Mn |
| Mar 31, 2025 | 393.97 Mn |
| Dec 31, 2024 | 244.30 Mn |
| Sep 30, 2024 | 147.12 Mn |
| Jun 30, 2024 | 385.34 Mn |
| Mar 31, 2024 | 171.60 Mn |
| Dec 31, 2023 | 1.31 Bn |
| Sep 30, 2023 | 177.90 Mn |
| Jun 30, 2023 | 178.30 Mn |
| Mar 31, 2023 | 410.46 Mn |
| Dec 31, 2022 | 1.26 Bn |
| Sep 30, 2022 | 148.60 Mn |
| Jun 30, 2022 | 392.43 Mn |
| Mar 31, 2022 | -57.32 Mn |
| Dec 31, 2021 | 395.43 Mn |
| Sep 30, 2021 | 133.07 Mn |