Filing Flows › Clean Harbors (CLH) › Q2 2026
Clean Harbors (CLH) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 29, 2026
Clean Harbors (CLH) reported revenue of $1.7B for the second quarter 2026 (Q2 2026), +12% from a year earlier and +19% from the quarter before. Operating margin was 15.5%, net earnings $170M (9.8% of revenue).
Clean Harbors, Q2 2026: revenue $1.7B (+12% year over year), operating margin 15.5%, net earnings $170M, operating cash flow $239M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.7B | +19% | +12% |
| Operating profit | $269M | +126% | +28% |
| Net earnings | $170M | +170% | +34% |
| Operating cash flow | $239M | 38× | +15% |
| Free cash flow | $136M | — | +2% |
What changed
Revenue was $1.7B in Q2 2026, up 12% year over year and up 19% from the previous quarter. Technical Services was the largest line at 31% of revenue. Technical Services added $0.08B year over year (up 18%), 44% of the total change. Industrial Services and Other declined 1%.
Operating profit was $0.27B, a 15.5% margin (up 1.9 points year over year). Of the extra revenue versus Q2 2025, 32% reached operating profit, above the 14% margin then. Total costs grew 9% against revenue growth of 12%. The fastest-growing cost line was SG&A (+15%). Net earnings were $0.17B, up 34% year over year. The effective tax rate was 26.6%.
Operating cash flow was $0.24B (up 15% year over year), 140% 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 $0.07B. After itions to property, plant and equipment, net ($0.10B), adjusted free cash flow as the company reports it was $0.14B.
Questions
What was Clean Harbors' revenue in the second quarter 2026?
Clean Harbors (CLH) reported revenue of $1.7B for the second quarter 2026 (Q2 2026), +12% from a year earlier and +19% from the quarter before.
Was Clean Harbors profitable in the second quarter 2026?
Operating profit was $269M (15.5% of revenue) and net earnings $170M.
Source: Clean Harbors 10-Q on SEC EDGAR.