Waste Management (WM) Cost of Revenue (2009 - 2026)
Waste Management's (WM) quarterly Cost of Revenue came in at $3.7 billion in Q1 2026, up 2.27% year-on-year from $3.6 billion in Q1 2025, and little changed quarter-over-quarter from $3.7 billion in Q4 2025.
Waste Management (WM) Cost of Revenue (2009 - 2026) Analysis & Trends
Waste Management has disclosed Cost of Revenue across 18 years of filings, most recently posting $3.7 billion for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $3.7 billion, up 2.27% year-over-year; the trailing twelve-month figure through Mar 2026 was $15.1 billion (up 42.79% YoY), and the FY2025 annual result was $15.0 billion, up 12.17% from the prior year.
- Cost of Revenue came in at $3.7 billion for Q1 2026 at Waste Management, roughly flat from $3.7 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $3.8 billion in Q2 2025 to a low of $244.0 million in Q4 2024.
- The 5-year median for Cost of Revenue is $3.2 billion (2023), against an average of $3.2 billion.
- Across the five-year window, Cost of Revenue tumbled 92.24% in 2024 and jumped 1413.52% in 2025, its largest moves.
- Waste Management's Cost of Revenue stood at $3.1 billion in 2022, then increased by 1.71% to $3.1 billion in 2023, then sank by 92.24% to $244.0 million in 2024, then surged by 1413.52% to $3.7 billion in 2025, then gained by 0.03% to $3.7 billion in 2026.
- The last three Cost of Revenue figures came in at $3.7 billion (Q1 2026), $3.7 billion (Q4 2025), and $3.8 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 | 3.69 Bn |
| Mar 31, 2026 | 3.69 Bn |
| Dec 31, 2025 | 3.69 Bn |
| Dec 31, 2025 | 3.69 Bn |
| Sep 30, 2025 | 3.83 Bn |
| Sep 30, 2025 | 3.83 Bn |
| Jun 30, 2025 | 3.84 Bn |
| Jun 30, 2025 | 3.84 Bn |
| Mar 31, 2025 | 3.61 Bn |
| Mar 31, 2025 | 3.61 Bn |
| Dec 31, 2024 | 244.00 Mn |
| Dec 31, 2024 | 244.00 Mn |
| Sep 30, 2024 | 3.40 Bn |
| Sep 30, 2024 | 3.40 Bn |
| Jun 30, 2024 | 3.29 Bn |
| Jun 30, 2024 | 3.29 Bn |
| Mar 31, 2024 | 3.14 Bn |
| Mar 31, 2024 | 3.14 Bn |
| Dec 31, 2023 | 3.15 Bn |
| Dec 31, 2023 | 3.15 Bn |