GFL Environmental GFL
NYSE GFL
$41.99 -0.88 (-2.04%)
As of: Sep 9, 2026 · 3:59 PM EDT

GFL Environmental (GFL) Operating Expenses (2018 - 2026)

GFL Environmental's (GFL) quarterly Operating Expenses came in at $600.1 million in Q2 2026, up 21.35% year-over-year from $494.5 million in Q2 2025, and up 9.25% quarter-over-quarter from $549.3 million in Q1 2026.

Analysis

GFL Environmental (GFL) Operating Expenses (2018 - 2026) Analysis & Trends

GFL Environmental (GFL) has reported Operating Expenses for 9 consecutive years, with $600.1 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 21.35% year-over-year to $600.1 million in Q2 2026; TTM through Jun 2026 was $2.2 billion, a 6.8% increase from a year earlier, with the FY2025 full-year figure at $4.5 billion, down 14.54% from the prior year.
  • Operating Expenses was $600.1 million for Q2 2026 at GFL Environmental, up from $549.3 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $1.3 billion in Q4 2022 and troughed at $401.6 million in Q1 2022.
  • A 5-year average of $540.2 million and a median of $487.6 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses jumped 176.23% in 2022 and tumbled 53.24% in 2023, its largest moves.
  • Over 5 years, Operating Expenses stood at $1.3 billion in 2022, then tumbled by 53.24% to $589.5 million in 2023, then slipped by 13.94% to $507.3 million in 2024, then advanced by 6.13% to $538.4 million in 2025, then grew by 11.46% to $600.1 million in 2026.
  • The last three Operating Expenses figures came in at $600.1 million (Q2 2026), $549.3 million (Q1 2026), and $538.4 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Waste Management 86.70 Bn 86.15 Bn 2.73 Bn 5.43 Bn
2 Republic Services 68.30 Bn 68.20 Bn 1.87 Bn 448.00 Mn
3 Waste Connections 40.78 Bn 40.69 Bn 1.08 Bn 538.77 Mn
4 GFL Environmental 15.50 Bn 15.31 Bn 385.80 Mn 600.10 Mn
5 Casella Waste Systems 5.77 Bn 5.74 Bn 178.80 Mn 523.78 Mn
6 Comstock 230.47 Mn 230.47 Mn -896,073.00 26.04 Mn
7 Quest Resource Holding 30.08 Mn 29.06 Mn 10.43 Mn 20.39 Mn
8 ReTo Eco-Solutions 52,556.85 -5.98 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 600.10 Mn
Mar 31, 2026 549.30 Mn
Dec 31, 2025 538.40 Mn
Sep 30, 2025 479.20 Mn
Jun 30, 2025 494.50 Mn
Mar 31, 2025 565.30 Mn
Dec 31, 2024 507.30 Mn
Sep 30, 2024 461.90 Mn
Jun 30, 2024 476.30 Mn
Mar 31, 2024 462.00 Mn
Dec 31, 2023 589.50 Mn
Sep 30, 2023 480.80 Mn
Jun 30, 2023 501.60 Mn
Mar 31, 2023 466.30 Mn
Dec 31, 2022 1.26 Bn
Sep 30, 2022 457.80 Mn
Jun 30, 2022 430.90 Mn
Mar 31, 2022 401.60 Mn
Dec 31, 2021 456.40 Mn
Sep 30, 2021 390.40 Mn