Waste Connections (WCN) Cost of Revenue (2015 - 2026)
Waste Connections' (WCN) quarterly Cost of Revenue came in at $1.4 billion in Q1 2026, up 5.39% year-on-year from $1.3 billion in Q1 2025, and little changed quarter-over-quarter from $1.4 billion in Q4 2025.
Waste Connections (WCN) Cost of Revenue (2015 - 2026) Analysis & Trends
Waste Connections has disclosed Cost of Revenue across 12 years of filings, most recently posting $1.4 billion for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $1.4 billion, up 5.39% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.5 billion (up 5.01% YoY), and the FY2025 annual result was $5.5 billion, up 5.08% from the prior year.
- Cost of Revenue came in at $1.4 billion for Q1 2026 at Waste Connections, roughly flat from $1.4 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $1.4 billion in Q3 2025 to a low of $989.5 million in Q1 2022.
- The 5-year median for Cost of Revenue is $1.2 billion (2024), against an average of $1.2 billion.
- Across the five-year window, Cost of Revenue gained 20.72% in 2022 and rose 2.98% in 2025, its largest moves.
- Waste Connections' Cost of Revenue stood at $1.1 billion in 2022, then climbed by 5.07% to $1.2 billion in 2023, then increased by 10.8% to $1.3 billion in 2024, then grew by 2.98% to $1.4 billion in 2025, then slipped by 0.23% to $1.4 billion in 2026.
- The last three Cost of Revenue figures came in at $1.4 billion (Q1 2026), $1.4 billion (Q4 2025), and $1.4 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | GFL Environmental | 257.60 Bn | 257.72 Bn | 218.62 Mn | 980.05 Mn |
| 2 | Waste Connections | 40.67 Bn | 40.56 Bn | 1.01 Bn | 1.36 Bn |
| 3 | Clean Harbors | 15.27 Bn | 14.60 Bn | 445.42 Mn | 1.01 Bn |
| 4 | Casella Waste Systems | 5.80 Bn | 5.66 Bn | 148.40 Mn | 308.93 Mn |
| 5 | Enviri | 1.71 Bn | 1.63 Bn | - | - |
| 6 | Onterris | 611.86 Mn | 600.82 Mn | - | - |
| 7 | American Battery Technology | 405.46 Mn | 366.97 Mn | 737,749.00 | 7.07 Mn |
| 8 | Waste Management | 201.08 Mn | 44.08 Mn | 2.53 Bn | 3.69 Bn |
| 9 | Perma Fix Environmental Services | 176.15 Mn | 156.14 Mn | -2.88 Mn | 14.01 Mn |
| 10 | One & one Green Technologies | 149.86 Mn | 148.90 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.36 Bn |
| Mar 31, 2026 | 1.36 Bn |
| Dec 31, 2025 | 1.36 Bn |
| Dec 31, 2025 | 1.36 Bn |
| Sep 30, 2025 | 1.41 Bn |
| Sep 30, 2025 | 1.41 Bn |
| Jun 30, 2025 | 1.39 Bn |
| Jun 30, 2025 | 1.39 Bn |
| Mar 31, 2025 | 1.29 Bn |
| Mar 31, 2025 | 1.29 Bn |
| Dec 31, 2024 | 1.32 Bn |
| Dec 31, 2024 | 1.32 Bn |
| Sep 30, 2024 | 1.34 Bn |
| Sep 30, 2024 | 1.34 Bn |
| Jun 30, 2024 | 1.30 Bn |
| Jun 30, 2024 | 1.30 Bn |
| Mar 31, 2024 | 1.22 Bn |
| Mar 31, 2024 | 1.22 Bn |
| Dec 31, 2023 | 1.20 Bn |
| Dec 31, 2023 | 1.20 Bn |