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Republic Services (RSG) Q3 2026 earnings results (third quarter 2026)

10-Q filed Oct 30, 2026

Republic Services (RSG) reported revenue of $5.2B for the third quarter 2026 (Q3 2026), +8% from a year earlier and +3% from the quarter before. Operating margin was 17.7%, net earnings $593M (11.4% of revenue).

Revenue$5.2B
Year over year+8%
Quarter over quarter+3%
Operating margin17.7%
Net earnings$593M

Republic Services, Q3 2026: revenue $5.2B (+8% year over year), operating margin 17.7%, net earnings $593M, operating cash flow $1.1B. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$5.2B+3%+8%
Operating profit$921M+2%+10%
Net earnings$593M+5%+8%
Operating cash flow$1.1B-1%-4%
Free cash flow$644M-15%-13%

What changed

Revenue was $5.2B in Q3 2026, up 8% year over year and up 3% from the previous quarter.

Operating profit was $0.92B, a 17.7% margin (up 0.4 points year over year). Of the extra revenue versus Q3 2025, 22% reached operating profit, above the 17% margin then. Total costs grew 7% against revenue growth of 8%. Net earnings were $0.59B, up 8% year over year. The effective tax rate was 17.5%.

Operating cash flow was $1.1B (down 4% year over year), 192% of net earnings. Non-cash charges added back $0.49B of depreciation and amortization. Capital expenditures of $0.49B left free cash flow of $0.64B.

Questions

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

Republic Services (RSG) reported revenue of $5.2B for the third quarter 2026 (Q3 2026), +8% from a year earlier and +3% from the quarter before.

Was Republic Services profitable in the third quarter 2026?

Operating profit was $921M (17.7% of revenue) and net earnings $593M.

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Source: Republic Services 10-Q on SEC EDGAR.