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WM earnings date & Q2 2026 results · Waste Management
US GAAP · $M · vs Q2 2025 · reported 07/28/2026
Waste Management, Inc., doing business as WM, is a waste management company operating in North America. · Wikipedia
More about the company
Founded in 1968, the company is headquartered in the Bank of America Tower in Houston, Texas.
Key growth driver: Net interest expense was flat at $233M — the Stericycle acquisition debt is being carried without incremental cost pressure. · by the Q2 2026 report
When is WM’s next earnings date?
Tuesday, October 27, 2026confirmed · after market close
Waste Management (WM) is scheduled to report results for the quarter ending Sep 2026 on Oct 27, 2026. Consensus EPS forecast: $2.18 (10 analysts), vs $1.98 in the same quarter last year.
What time does WM report? Usually after market close: the last 4 results releases reached the SEC at 4:42 pm, 4:41 pm, 5:08 pm, 4:40 pm ET.
Last report: Jul 28, 2026 (Q2 2026) — broken down in the Sankey chart below. Dates and consensus: Nasdaq / Zacks Investment Research; companies do reschedule. Who else reports this week →
All figures in $M.
Revenue
$6,684
+4.0%
Operating income
$1,253
+8.9%
18.7% margin · EBITDA 30.4%
Net income
$785
+8.1%
Diluted EPS $1.95 · +8.3%
Verdict: the garbage-collection compounder keeps compounding — revenue up 4% with operating EBITDA margin expanding 90 bp to 30.4%, SG&A actually down on Stericycle integration synergies, and EPS up 8%.
Operating EBITDA $2,030M (30.4% margin, was 29.5%) · adjusted EPS $2.02 (+5.2%) · adjusted operating EBITDA margin 30.9%.
Source and notation
* marks non-cash / ≈ estimated. From 2026 landfill accretion moved into DD&A (prior year recast). Source: WM press release, 8-K EX-99.1 (SEC EDGAR).
Open the chart as a PNG image ↗ · for sharing and presentations · free to reuse, CC BY 4.0
WM earnings history: past report dates
| Jul 28, 2026 Tue | 4:42 pmafter market close | Jun 30, 2026 | $6.7B+4% y/y | $1.95+8% y/y |
| Apr 28, 2026 Tue | 4:41 pmafter market close | Mar 31, 2026 | $6.2B+3% y/y | $1.79+13% y/y |
| Jan 28, 2026 Wed | 5:08 pmafter market close | Dec 31, 2025 | ≈$6.3B+7% y/y | ≈$1.83+23% y/y |
| Oct 27, 2025 Mon | 4:40 pmafter market close | Sep 30, 2025 | $6.4B+15% y/y | $1.49−21% y/y |
| Jul 28, 2025 Mon | 4:33 pmafter market close | Jun 30, 2025 | $6.4B+19% y/y | $1.80+7% y/y |
| Apr 28, 2025 Mon | 5:11 pmafter market close | Mar 31, 2025 | $6.0B+17% y/y | $1.58−10% y/y |
| Jan 29, 2025 Wed | 8:55 pmafter market close | Dec 31, 2024 | ≈$5.9B+13% y/y | ≈$1.49+22% y/y |
| Oct 28, 2024 Mon | 5:22 pmafter market close | Sep 30, 2024 | $5.6B+8% y/y | $1.88+15% y/y |
How we count
Report date and time — when the company filed its results press release with the SEC (Form 8-K, Item 2.02); the regular session runs 9:30 am – 4:00 pm ET. Revenue and diluted EPS — the company’s XBRL filings, EPS adjusted for stock splits; ≈ — fourth quarter derived as full year minus three quarters. Source: SEC EDGAR.
Waste Management: 5-year financials
| 2025 | 25,204 | 4,308 | 2,708 | — | 1,334 |
| 2024 | 22,063 | 4,063 | 2,746 | — | 1,210 |
| 2023 | 20,426 | 3,575 | 2,304 | — | 1,136 |
| 2022 | 19,698 | 3,365 | 2,238 | 1,727 | 1,077 |
| 2021 | 17,931 | 2,965 | 1,816 | 2,299 | 970 |
$ millions, annual 10-K reports on SEC EDGAR (US GAAP).
How we calculate
Figures are the annual report lines as filed, no adjustments. Free cash flow is operating cash flow minus capital expenditures; dividends are cash paid to common shareholders during the year. “—” means the line isn’t in the filing.
Corporate governance
2/2good
How the company treats minority shareholders: 2 — well, 0 — systematically poorly.
More
- Feb 202610-K FY2025: on December 18, 2025, the court gave final approval to the settlement of the suit by holders of the 2019 notes with a special mandatory redemption; the payment is covered by insurance. sec.gov ↗
- Aug 2025WM agreed to pay $30M in a class action by investors in notes issued to fund the Advanced Disposal acquisition. news.bloomberglaw.com ↗
- Feb 2026Shares outstanding of 403.3M vs. 423.2M in February 2021 (−4.7%). data.sec.gov ↗
- Dec 2025Dividend per share rose from $2.18 (2020) to $3.30 (2025). data.sec.gov ↗
Scoring: 2.0, no deductions: single share class, share count −4.7% over 5 years, dividend rising, bondholder suit settled for $30M (<$50M, covered by insurance) = 2.0
- Share classes
- Single class of common stock (NYSE: WM).
- Dilution
- Shares 423.2M (February 2021) → 403.3M (February 2026), −4.7%; SBC 0.7% of revenue. The Stericycle acquisition (2024) was for cash.
- Disclosure
- Full 10-K/10-Q reporting.
- Dividends
- Dividend $2.18 (2020) → $3.30 (2025), raised every year.
- Lawsuits & regulators
- The suit by holders of notes with a special mandatory redemption (Advanced Disposal deal, 2019–2020) was settled: final approval on December 18, 2025, $30M covered by insurance (<$50M) — no deduction. No SEC cases.
- Related parties
- 2026 proxy: only the COO's brother-in-law in a non-executive role ($120–230K).
How the score works · checked as of Sep 2026
Waste Management (WM) earnings: FAQ
When is WM's next earnings date?
Waste Management (WM) is scheduled to report on Oct 27, 2026, after market close.
What time does WM report earnings?
Waste Management is scheduled to report after market close on Oct 27, 2026. Its last results releases were filed after market close, most recently at 4:42 pm ET on Jul 28, 2026.
When did WM last report earnings?
Waste Management reported Q2 2026 results on Jul 28, 2026.
What is the EPS estimate for WM's next earnings?
The consensus EPS forecast is $2.18 (10 analysts), vs $1.98 in the same quarter last year.
Where can I find Waste Management's financial statements?
On SEC EDGAR: quarterly reports (10-Q), the annual report (10-K) and earnings releases (8-K). The “Verified” badge next to the chart links to WM's filings; this page breaks the latest report down in a Sankey chart.
What was WM's net income in Q2 2026?
Waste Management reported net income of $785M for Q2 2026 (+8.1% year over year), under US GAAP.
Does Waste Management pay dividends?
Yes. In 2025, Waste Management paid $1,334M in dividends on its common stock, per its 10-K. Earlier years are in the five-year table above.
New to earnings reports? Start with how to read an earnings report.
How this page was made: the figures come from the company's own report on SEC EDGAR; the summary and nuances were drafted by our model from that report. Figures checked against the filing on 08/26/2026. How we make the breakdowns · Report an error
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