GFL Environmental (GFL) Operating Income (2018 - 2026)
GFL Environmental's (GFL) quarterly Operating Income came in at -$214.3 million in Q2 2026, down 74.94% year-over-year from -$855.1 million in Q2 2025, and down 6.72% quarter-over-quarter from -$200.8 million in Q4 2025.
Analysis
GFL Environmental (GFL) Operating Income (2018 - 2026) Analysis & Trends
GFL Environmental (GFL) has reported Operating Income for 9 consecutive years, with -$214.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Income fell 74.94% year-over-year to -$214.3 million in Q2 2026; TTM through Jun 2026 was -$646.6 million, a 5.13% increase from a year earlier, with the FY2025 full-year figure at -$3.6 billion, up 20.64% from the prior year.
- Operating Income was -$214.3 million for Q2 2026 at GFL Environmental, down from -$200.8 million in the prior quarter.
- Over five years, Operating Income peaked at -$109.0 million in Q3 2025 and troughed at -$1.1 billion in Q4 2022.
- A 5-year average of -$257.9 million and a median of -$207.0 million in 2022 frame the typical range for Operating Income.
- Across the five-year window, Operating Income tumbled 193.84% in 2022 and soared 73.6% in 2023, its largest moves.
- Over 5 years, Operating Income stood at -$1.1 billion in 2022, then soared by 73.6% to -$280.8 million in 2023, then advanced by 25.71% to -$208.6 million in 2024, then advanced by 3.74% to -$200.8 million in 2025, then dropped by 6.72% to -$214.3 million in 2026.
- The last three Operating Income figures came in at -$214.3 million (Q2 2026), -$200.8 million (Q4 2025), and -$109.0 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 86.14 Bn | 85.58 Bn | 2.73 Bn | 1.25 Bn |
| 2 | Republic Services | 68.03 Bn | 67.93 Bn | 1.87 Bn | 901.00 Mn |
| 3 | Waste Connections | 40.40 Bn | 40.30 Bn | 1.08 Bn | 437.55 Mn |
| 4 | GFL Environmental | 15.36 Bn | 15.16 Bn | 385.80 Mn | -214.30 Mn |
| 5 | Casella Waste Systems | 5.72 Bn | 5.69 Bn | 178.80 Mn | 19.96 Mn |
| 6 | Comstock | 222.89 Mn | 222.89 Mn | -896,073.00 | -26.94 Mn |
| 7 | Quest Resource Holding | 29.23 Mn | 28.20 Mn | 10.43 Mn | -9.96 Mn |
| 8 | ReTo Eco-Solutions | 49,107.17 | -5.98 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -214.30 Mn |
| Dec 31, 2025 | -200.80 Mn |
| Sep 30, 2025 | -109.00 Mn |
| Jun 30, 2025 | -122.50 Mn |
| Dec 31, 2024 | -208.60 Mn |
| Sep 30, 2024 | -165.00 Mn |
| Jun 30, 2024 | -185.50 Mn |
| Dec 31, 2023 | -280.80 Mn |
| Jun 30, 2023 | -148.60 Mn |
| Mar 31, 2023 | -221.80 Mn |
| Dec 31, 2022 | -1.06 Bn |
| Sep 30, 2022 | -218.50 Mn |
| Jun 30, 2022 | -205.40 Mn |
| Mar 31, 2022 | -265.80 Mn |
| Dec 31, 2021 | -362.00 Mn |
| Sep 30, 2021 | -213.60 Mn |
| Jun 30, 2021 | -247.70 Mn |
| Mar 31, 2021 | -251.70 Mn |
| Dec 31, 2020 | -711.90 Mn |
| Sep 30, 2020 | -119.60 Mn |