Earnings ·
GFL Environmental reports Q3 revenue of $2.16B, raises full-year guidance
GFLGFL Environmental Inc.
GFL Environmental Inc. reported third-quarter revenue of $2,155.3 million, a 27.2% increase year-over-year, driven by 7.4% organic growth and core pricing increases. Adjusted EBITDA rose 26.8% to $678.7 million with underlying margin expansion of 115 basis points. The company raised its full-year 2026 guidance for the third time this year, now expecting revenue and Adjusted EBITDA growth in the low-to-mid 20s range. Additionally, GFL announced that a Special Committee formed to review unsolicited proposals to take the company private has set a final deadline of November 9, 2026, for interested parties to submit updated bids. Joseph Lenz joined the board as part of the previously announced acquisition of SECURE Waste Infrastructure Corp. GFL Environmental Inc. is a diversified environmental services provider offering solid waste management across North America.