Filing Flows › Clean Harbors (CLH) › Q1 2026
Clean Harbors (CLH) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Clean Harbors (CLH) reported revenue of $1.5B for the first quarter 2026 (Q1 2026), +2% from a year earlier and -3% from the quarter before. Operating margin was 8.1%, net earnings $63.2M (4.3% of revenue).
Clean Harbors, Q1 2026: revenue $1.5B (+2% year over year), operating margin 8.1%, net earnings $63.2M, operating cash flow $6.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5B | -3% | +2% |
| Operating profit | $119M | -25% | +7% |
| Net earnings | $63.2M | -27% | +8% |
| Operating cash flow | $6.3M | -98% | +292% |
What changed
Revenue was $1.5B in Q1 2026, up 2% year over year and down 3% from the previous quarter. Technical Services was the largest line at 31% of revenue. Safety-Kleen Environmental Services added $0.03B year over year (up 10%), 111% of the total change. Safety-Kleen Oil declined 13%.
Operating profit was $0.12B, a 8.1% margin (up 0.4 points year over year). Of the extra revenue versus Q1 2025, 27% reached operating profit, above the 8% margin then. Total costs grew 2% against revenue growth of 2%. The fastest-growing cost line was SG&A (+13%). Net earnings were $0.06B, up 8% year over year. The effective tax rate was 25.1%.
Operating cash flow was $0.01B (up 292% year over year), 10% of net earnings. Non-cash charges added back $0.12B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.18B. Capital expenditures of $0.10B exceeded it, leaving free cash flow of −$0.09B.
Questions
What was Clean Harbors' revenue in the first quarter 2026?
Clean Harbors (CLH) reported revenue of $1.5B for the first quarter 2026 (Q1 2026), +2% from a year earlier and -3% from the quarter before.
Was Clean Harbors profitable in the first quarter 2026?
Operating profit was $119M (8.1% of revenue) and net earnings $63.2M.
Source: Clean Harbors 10-Q on SEC EDGAR.