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Republic Services (RSG) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 7, 2026

Republic Services (RSG) reported revenue of $5.1B for the second quarter 2026 (Q2 2026), +4% from a year earlier and +8% from the quarter before. Operating margin was 17.8%, net earnings $566M (11.2% of revenue).

Revenue$5.1B
Year over year+4%
Quarter over quarter+8%
Operating margin17.8%
Net earnings$566M

Republic Services, Q2 2026: revenue $5.1B (+4% year over year), operating margin 17.8%, net earnings $566M, operating cash flow $1.2B. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$5.1B+8%+4%
Operating profit$901M+9%+5%
Net earnings$566M+8%+3%
Operating cash flow$1.2B-6%+4%
Free cash flow$761M+1%+8%

What changed

Revenue was $5.1B in Q2 2026, up 4% year over year and up 8% from the previous quarter.

Operating profit was $0.90B, a 17.8% margin (up 0.1 points year over year). Of the extra revenue versus Q2 2025, 21% reached operating profit, above the 18% margin then. Total costs grew 4% against revenue growth of 4%. Net earnings were $0.57B, up 3% year over year. The effective tax rate was 19.0%.

Operating cash flow was $1.2B (up 4% year over year), 204% of net earnings. Non-cash charges added back $0.49B of depreciation and amortization. Working capital and other items added $0.10B. Capital expenditures of $0.39B left free cash flow of $0.76B.

Questions

What was Republic Services' revenue in the second quarter 2026?

Republic Services (RSG) reported revenue of $5.1B for the second quarter 2026 (Q2 2026), +4% from a year earlier and +8% from the quarter before.

Was Republic Services profitable in the second quarter 2026?

Operating profit was $901M (17.8% of revenue) and net earnings $566M.

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Source: Republic Services 10-Q on SEC EDGAR.