Waste Connections WCN
NYSE WCN
$161.24 -1.93 (-1.18%)
As of: Sep 9, 2026 · 3:59 PM EDT

Waste Connections (WCN) Operating Expenses (2015 - 2026)

Waste Connections' (WCN) quarterly Operating Expenses came in at $538.8 million in Q2 2026, up 7.67% year-over-year from $500.4 million in Q2 2025, and up 3.89% quarter-over-quarter from $518.6 million in Q1 2026.

Analysis

Waste Connections (WCN) Operating Expenses (2015 - 2026) Analysis & Trends

Waste Connections has disclosed Operating Expenses across 12 years of filings, most recently posting $538.8 million for Q2 2026.

  • In Q2 2026, Operating Expenses rose 7.67% year-over-year to $538.8 million; the TTM figure through Jun 2026 stood at $2.1 billion (up 6.09% YoY), while the FY2025 annual figure was $2.0 billion, up 7.14% from the prior year.
  • Operating Expenses came in at $538.8 million for Q2 2026 at Waste Connections, up from $518.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $538.8 million in Q2 2026 to a low of $343.4 million in Q1 2022.
  • Average Operating Expenses over 5 years is $445.0 million, with a median of $456.8 million recorded in 2024.
  • Year-over-year, Operating Expenses grew 20.25% in 2023 and rose 5.05% in 2025.
  • Over 5 years, Operating Expenses stood at $378.9 million in 2022, then rose by 7.17% to $406.0 million in 2023, then advanced by 16.48% to $472.9 million in 2024, then climbed by 5.05% to $496.8 million in 2025, then grew by 8.45% to $538.8 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $538.8 million in Q2 2026, $518.6 million in Q1 2026, and $496.8 million in Q4 2025.
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 538.77 Mn
Mar 31, 2026 518.60 Mn
Dec 31, 2025 496.81 Mn
Sep 30, 2025 500.48 Mn
Jun 30, 2025 500.39 Mn
Mar 31, 2025 492.44 Mn
Dec 31, 2024 472.94 Mn
Sep 30, 2024 471.00 Mn
Jun 30, 2024 470.08 Mn
Mar 31, 2024 443.43 Mn
Dec 31, 2023 406.04 Mn
Sep 30, 2023 411.28 Mn
Jun 30, 2023 429.71 Mn
Mar 31, 2023 397.73 Mn
Dec 31, 2022 378.87 Mn
Sep 30, 2022 380.17 Mn
Jun 30, 2022 357.34 Mn
Mar 31, 2022 343.36 Mn
Dec 31, 2021 332.59 Mn
Sep 30, 2021 327.49 Mn