GFL Environmental Inc. (GFL) quarterly income statement — complete revenue, gross profit & net income history
GFL Environmental Inc. (GFL) annual income statement — 9-year revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 1.95B | 1.64B | 1.69B | 1.69B | 1.68B | 1.56B | 1.99B | 1.55B | 1.58B | 1.8B | 1.88B | 1.89B | 1.94B | 1.8B | 1.82B | 1.83B | 1.71B | 1.4B | 1.54B | 1.38B |
| Revenue Growth % | 16.32% | 5.37% | -15.08% | 9.01% | 5.92% | -13.4% | 5.48% | -17.77% | -18.63% | 0.13% | 3.38% | 3.21% | 13.83% | 28.38% | 18.3% | 32.57% | 40.41% | 27.45% | 24.6% | 33.33% |
| Cost of Goods Sold | 1.56B | 1.34B | 1.35B | 1.32B | 1.3B | 1.27B | 1.61B | 1.26B | 1.29B | 1.5B | 1.57B | 1.53B | 1.59B | 1.55B | 1.62B | 1.59B | 1.48B | 1.27B | 1.43B | 1.2B |
| COGS % of Revenue | 80.19% | 81.76% | 79.98% | 78.15% | 77.79% | 81.57% | 80.89% | 80.9% | 81.61% | 83.5% | 83.6% | 80.78% | 81.84% | 86.41% | 89.18% | 86.93% | 86.79% | 90.31% | 92.99% | 87.2% |
| Gross Profit | 385.97M | 299.8M | 337.6M | 370.2M | 372M | 287.5M | 379.5M | 296.9M | 290.8M | 297.2M | 308.7M | 363.2M | 353M | 244.5M | 197M | 239.3M | 225.5M | 135.8M | 107.9M | 176.8M |
| Gross Margin % | 19.81% | 18.24% | 20.02% | 21.85% | 22.21% | 18.43% | 19.11% | 19.1% | 18.39% | 16.5% | 16.4% | 19.22% | 18.16% | 13.59% | 10.82% | 13.07% | 13.21% | 9.69% | 7.01% | 12.8% |
| Gross Profit Growth % | 3.75% | 4.28% | -11.04% | 24.69% | 27.92% | -3.26% | 22.93% | -18.25% | -17.62% | 21.55% | 56.7% | 51.78% | 56.54% | 80.04% | 82.58% | 35.35% | 101.88% | 49.56% | 184.69% | 39.76% |
| Operating Expenses | 276.42M | 265.8M | 307.6M | 209M | 227.5M | 286.2M | 274.4M | 202.9M | 206.5M | 275.4M | 276.4M | 363.2M | 353M | 244.5M | 197M | 239.3M | 225.5M | 135.8M | 107.9M | 176.8M |
| OpEx % of Revenue | 14.19% | 16.17% | 18.24% | 12.34% | 13.58% | 18.34% | 13.82% | 13.05% | 13.06% | 15.29% | 14.68% | 19.22% | 18.16% | 13.59% | 10.82% | 13.07% | 13.21% | 9.69% | 7.01% | 12.8% |
| Selling, General & Admin | 276.42M | 265.8M | 320.3M | 186M | 204.2M | 286.2M | 263.7M | 186M | 190.2M | 275.4M | 290.5M | 234.7M | 234.2M | 214.5M | 201.8M | 187.5M | 178.4M | 162.7M | 169.9M | 145.1M |
| SG&A % of Revenue | 14.19% | 16.17% | 18.99% | 10.98% | 12.19% | 18.34% | 13.28% | 11.97% | 12.03% | 15.29% | 15.43% | 12.42% | 12.05% | 11.92% | 11.08% | 10.24% | 10.45% | 11.61% | 11.04% | 10.5% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | -1000K | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 0 | -1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | -1000K | -1000K | 1000K |
| Operating Income | 109.55M | 34M | 30M | 161.2M | 144.5M | 1.3M | 105.1M | 94M | 84.3M | 21.8M | 32.3M | 0 | 118.8M | 30M | -9.8M | 45.9M | 42.5M | -26.9M | -65.4M | 28M |
| Operating Margin % | 5.62% | 2.07% | 1.78% | 9.51% | 8.63% | 0.08% | 5.29% | 6.05% | 5.33% | 1.21% | 1.72% | - | 6.11% | 1.67% | -0.54% | 2.51% | 2.49% | -1.92% | -4.25% | 2.03% |
| Operating Income Growth % | -24.19% | 2515.38% | -71.46% | 71.49% | 71.41% | -94.04% | 225.39% | - | -29.04% | -27.33% | 429.59% | -100% | 179.53% | 211.52% | 85.02% | 63.93% | 340.11% | 33.42% | 70.14% | 36.59% |
| EBITDA | 498.22M | 380.3M | 370.4M | 494.7M | 467.4M | 320.6M | 511.4M | 493.9M | 482.2M | 385.5M | 422.4M | 486.7M | 490.6M | 408.6M | 395.6M | 434.1M | 417M | 330.5M | 340.2M | 368.8M |
| EBITDA Margin % | 25.57% | 23.14% | 21.96% | 29.2% | 27.9% | 20.55% | 25.75% | 31.78% | 30.49% | 21.4% | 22.43% | 25.75% | 25.24% | 22.71% | 21.72% | 23.71% | 24.42% | 23.58% | 22.1% | 26.7% |
| EBITDA Growth % | 6.59% | 18.62% | -27.57% | 0.16% | -3.07% | -16.84% | 21.07% | 1.48% | -1.71% | -5.65% | 6.77% | 12.12% | 17.65% | 23.63% | 16.28% | 17.71% | 32.68% | 20.53% | 3.66% | 44.97% |
| D&A (Non-Cash Add-back) | 388.67M | 346.3M | 340.4M | 333.5M | 322.9M | 319.3M | 406.3M | 399.9M | 397.9M | 363.7M | 390.1M | 349.2M | 371.8M | 378.6M | 405.4M | 388.2M | 374.5M | 357.4M | 405.6M | 340.8M |
| EBIT | 109.55M | -132.6M | 152M | 256.4M | 400.8M | -55.9M | -173.7M | 202.2M | -443.1M | -77.1M | 56.2M | 137.5M | 697.5M | -95.2M | -117.9M | -140.6M | 126.3M | 214.9M | 1.3M | -274.7M |
| Net Interest Income | -163.97M | -139.6M | -110.7M | -106.7M | -121.1M | -210.4M | -106.5M | -169.8M | -186.9M | -153M | -151.4M | -137.2M | -164.8M | -164.7M | -109.62M | -98.42M | -100.2M | -99.7M | -101.8M | -76.14M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | -43.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.6M | 0 | 3.4M | 0 |
| Interest Expense | 163.97M | 139.6M | 110.7M | 106.7M | 121.1M | 210.4M | 63M | 169.8M | 186.9M | 153M | 151.4M | 137.2M | 164.8M | 164.7M | 109.62M | 98.42M | 104.8M | 99.7M | 105.2M | 76.14M |
| Other Income/Expense | -293.63M | -306.2M | 11.3M | -11.5M | 157.7M | -267.6M | -421.3M | -36.9M | -673.3M | -251.9M | -113.3M | 300K | 413.9M | -289.9M | -239.9M | -305.4M | -7.8M | 142.1M | -25.5M | -383.6M |
| Pretax Income | -184.08M | -272.2M | 41.3M | 149.7M | 302.2M | -266.3M | -316.2M | 57.1M | -589M | -230.1M | -81M | 300K | 532.7M | -259.9M | -249.7M | -259.5M | 34.7M | 115.2M | -90.9M | -355.6M |
| Pretax Margin % | -9.45% | -16.56% | 2.45% | 8.84% | 18.04% | -17.07% | -15.92% | 3.67% | -37.24% | -12.77% | -4.3% | 0.02% | 27.41% | -14.45% | -13.71% | -14.17% | 2.03% | 8.22% | -5.9% | -25.74% |
| Income Tax | -21.41M | -53M | -31.4M | 41.6M | 28M | -52.4M | -116.7M | 15.5M | -57.1M | -53.6M | -18.9M | -18M | 238.9M | -42.1M | -30.6M | -75.8M | -47.9M | -21.8M | 69.7M | -39.5M |
| Effective Tax Rate % | 11.63% | 19.47% | -76.03% | 27.79% | 9.27% | 19.68% | 36.91% | 27.15% | 9.69% | 23.29% | 23.33% | -6000% | 44.85% | 16.2% | 12.25% | 29.21% | -138.04% | -18.92% | -76.68% | 11.11% |
| Net Income | -159.87M | -215.7M | 33.9M | 114.3M | 276.3M | 3.41B | -189.1M | 110.4M | -471.2M | -172.8M | -52.2M | 22.1M | 294.9M | -219.4M | -219.8M | -183.5M | 64.3M | 27.4M | -160.6M | -309.9M |
| Net Margin % | -8.2% | -13.12% | 2.01% | 6.75% | 16.49% | 218.55% | -9.52% | 7.1% | -29.79% | -9.59% | -2.77% | 1.17% | 15.17% | -12.2% | -12.07% | -10.02% | 3.77% | 1.96% | -10.43% | -22.44% |
| Net Income Growth % | -157.86% | -106.33% | 117.93% | 3.53% | 158.64% | 2073.15% | -262.26% | 399.55% | -259.78% | 21.24% | 76.25% | 112.04% | 358.63% | -900.73% | -36.86% | 40.79% | 2.88% | 109.72% | 67% | -170.18% |
| Net Income (Continuing) | -162.67M | -219.2M | 72.7M | 108.1M | 274.2M | -213.9M | -199.5M | 41.6M | -531.9M | -176.5M | -62.1M | 18.3M | 293.8M | -217.8M | -219.1M | -183.7M | 82.6M | 137M | -160.6M | -316.1M |
| Discontinued Operations | 0 | 0 | -1000K | 0 | 0 | 1000K | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | -1000K | 0 | 1000K |
| Minority Interest | 182.78M | 182.57M | 182.6M | 195.2M | 226M | 240.4M | 243.3M | 227.3M | 211.8M | 210.9M | 209.1M | 224M | 15.2M | 16.5M | 6.9M | 6M | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.44 | -0.60 | 0.06 | 0.28 | 0.70 | 8.67 | -0.52 | 0.23 | -1.31 | -0.53 | -0.21 | 0.06 | 0.72 | -0.66 | -0.66 | -0.55 | 0.12 | 0.02 | -0.25 | -0.89 |
| EPS Growth % | -162.86% | -106.92% | 111.54% | 21.74% | 153.44% | 1735.85% | -147.62% | 284.62% | -281.94% | 19.7% | 68.18% | 110.87% | 500% | -3400% | -164% | 38.2% | -14.29% | 102.44% | 82.01% | -178.13% |
| EPS (Basic) | -0.44 | -0.60 | 0.06 | 0.28 | 0.72 | 8.67 | -0.52 | 0.24 | -1.31 | -0.53 | -0.21 | 0.06 | 0.74 | -0.66 | -0.66 | -0.55 | 0.12 | 0.02 | -0.25 | -0.89 |
| Diluted Shares Outstanding | 361.37M | 358.49M | 367.25M | 370.24M | 383.21M | 391.36M | 393.5M | 385.32M | 376.6M | 372.99M | 370.65M | 369.56M | 401.22M | 369.18M | 369.13M | 368.63M | 368.71M | 366.55M | 363.05M | 362.06M |
| Basic Shares Outstanding | 361.37M | 358.49M | 359.41M | 362.08M | 365.82M | 391.36M | 393.5M | 380.14M | 376.6M | 372.99M | 370.65M | 369.56M | 369.23M | 369.18M | 369.13M | 368.63M | 366.84M | 364.04M | 363.05M | 362.06M |
| Dividend Payout Ratio | - | - | 22.42% | 6.65% | 2.9% | 0.23% | - | 6.52% | - | - | - | 28.96% | 1.66% | - | - | - | 7.78% | 17.15% | - | - |