Republic Services (RSG) Cost of Revenue (2009 - 2026)
Republic Services (RSG) posted Cost of Revenue of $2.66 billion for Q3 2026, up 8.1% from $2.46 billion a year earlier and up 3.9% from the prior quarter.
Republic Services (RSG) Cost of Revenue (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Cost of Revenue at Republic Services was $10 billion, up 4.7% year-over-year; for FY2025, it was $9.63 billion, up 3.0% from FY2024.
- Annual Cost of Revenue has increased for five consecutive years, with a five-year compound annual growth rate of 9.6% (FY2020 to FY2025).
- In prior years, Republic Services' Cost of Revenue was $9.35 billion in FY2024 (+4.6%), $8.94 billion in FY2023 (+9.0%), $8.21 billion in FY2022 (+21.8%) and $6.74 billion in FY2021 (+10.4%).
- The Q3 2026 figure stands as the highest quarterly Cost of Revenue in data going back to Q1 2009.
- On a year-over-year basis, Cost of Revenue has increased in each of the last 22 quarters, with growth averaging 3.7% over the last eight quarters.
- Over the past five years, the year-over-year growth in Cost of Revenue ranged from 1.4% (Q1 2025) to 25.8% (Q3 2022).
- According to Business Quant data, Cost of Revenue for the three prior quarters was $2.56 billion (Q2 2026), $2.37 billion (Q1 2026) and $2.4 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 94.61 Bn | 93.44 Bn | 2.75 Bn | 4.09 Bn |
| 2 | Republic Services | 75.67 Bn | 75.27 Bn | 1.90 Bn | 2.66 Bn |
| 3 | Waste Connections | 47.79 Bn | 47.43 Bn | 1.14 Bn | 1.50 Bn |
| 4 | GFL Environmental | 17.08 Bn | 15.09 Bn | - | 1.73 Bn |
| 5 | Clean Harbors | 15.25 Bn | 12.59 Bn | 661.44 Mn | 1.21 Bn |
| 6 | Casella Waste Systems | 6.27 Bn | 5.39 Bn | 178.80 Mn | 364.95 Mn |
| 7 | Onterris | 833.16 Mn | 779.05 Mn | 88.27 Mn | 114.78 Mn |
| 8 | Perma Fix Environmental Services | 329.96 Mn | 222.69 Mn | 552,000.00 | 17.40 Mn |
| 9 | Comstock | 146.28 Mn | 5.50 Mn | -606,061.00 | 973,312.00 |
| 10 | Deep Isolation Nuclear | 103.79 Mn | 103.79 Mn | 707,000.00 | 612,000.00 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.66 Bn |
| Jun 30, 2026 | 2.56 Bn |
| Mar 31, 2026 | 2.37 Bn |
| Dec 31, 2025 | 2.40 Bn |
| Sep 30, 2025 | 2.46 Bn |
| Jun 30, 2025 | 2.45 Bn |
| Mar 31, 2025 | 2.31 Bn |
| Dec 31, 2024 | 2.32 Bn |
| Sep 30, 2024 | 2.37 Bn |
| Jun 30, 2024 | 2.38 Bn |
| Mar 31, 2024 | 2.28 Bn |
| Dec 31, 2023 | 2.27 Bn |
| Sep 30, 2023 | 2.28 Bn |
| Jun 30, 2023 | 2.22 Bn |
| Mar 31, 2023 | 2.17 Bn |
| Dec 31, 2022 | 2.18 Bn |
| Sep 30, 2022 | 2.19 Bn |
| Jun 30, 2022 | 2.07 Bn |
| Mar 31, 2022 | 1.76 Bn |
| Dec 31, 2021 | 1.81 Bn |
Republic Services Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=RSG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "RSG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=RSG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();