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SusGlobal Energy (SNRG) earnings and revenue breakdown

Latest: Q2 2026 · 10-Q filed Aug 13, 2026 · SusGlobal Energy (SNRG) Q2 2026 earnings results →

Q2 2026 Revenue down 33% year over year to $17K

SusGlobal Energy made $17K in Q2 2026 (-33% Y/Y). Operating margin n/m, net earnings $1.8M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 13, 2026.

Revenue$17K
Year over year-33%
Operating marginn/m
Net earnings$1.8M
Operating cash flow−$3.1M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $17K in Q2 2026, down 33% year over year.

Operating profit was $1.8M, a 10462.0% margin (up 13614.5 points year over year). Net earnings were $1.8M. The effective tax rate was 0.0%.

Operating cash flow was −$3.1M. Non-cash charges added back $65K of depreciation. Working capital and other items used $4.9M.

Quarterly history

SusGlobal Energy revenue by quarterSusGlobal Energy revenue by quarter$41KQ4 2024$6KQ1 2025$26KQ2 2025$17KQ2 2026
SusGlobal Energy net earnings by quarterSusGlobal Energy net earnings by quarter−$4.2MQ4 2024−$1.9MQ1 2025−$819KQ2 2025$1.8MQ2 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q2 202610-QAug 13, 2026$17K-33%n/m$1.8M−$3.1M
Q2 202510-QAug 14, 2025$26K—n/m−$819K$447K
Q1 202510-QJun 16, 2025$6K-84%n/m−$1.9M−$121K
Q4 202410-KMay 14, 2025$41K-61%n/m−$4.2M−$875K

Charts

SusGlobal Energy: revenue growth, year over year and quarter over quarterSusGlobal Energy: revenue growth, year over year and quarter over quarterY/YQ/Q-61%Q4 2024-84%-85%Q1 2025+310%Q2 2025-33%-33%Q2 2026
Latest (Q2 2026): Y/Y -33%, Q/Q -33%.
SusGlobal Energy: where the cash came from (+) and went (−), TTM to Q2 2026SusGlobal Energy: where the cash came from (+) and went (−), TTM to Q2 2026Asset & business sales$7.6MOther financing−$4.2MOperating cash flow−$3.8MExchange rates$600KCash drawn (+) / kept (−)−$204K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
SusGlobal Energy: profit against cash, quarter by quarterSusGlobal Energy: profit against cash, quarter by quarterNet incomeOperating cash flow$257K−$177KQ3 2024−$4.2M−$875KQ4 2024−$1.9M−$121KQ1 2025−$819K$447KQ2 2025−$1.8M−$404KQ3 2025−$1.2M$76KQ4 2025−$1.5M−$442KQ1 2026$1.8M−$3.1MQ2 2026
Latest (Q2 2026): Net income $1.8M, Operating cash flow −$3.1M.
SusGlobal Energy: diluted shares by fiscal yearSusGlobal Energy: diluted shares by fiscal year68MFY202091MFY2021103MFY2022122MFY2023127MFY2024139MFY2025
+105.7% since FY2020: more shares outstanding (issuance, stock pay).
SusGlobal Energy in its industry: growth against margin (11 companies, SIC 4953)SusGlobal Energy in its industry: growth against margin (11 companies, SIC 4953)revenue growth, year over year →↑ operating marginmedian +6%median 7%WMRSGWCNCWSTNVRIQRHCVIVKAWXRENXDBHLSNRG (-33%, 100%)
Refuse Systems; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About SusGlobal Energy

On February 4, 2019, the Company registered its common stock, having a par value of $.0001 per share, pursuant to Section 12(g) of the Securities Exchange Act of 1934, as amended (the "Exchange Act") and is effective pursuant to General Instruction A.(d). SusGlobal Energy Corp. ("SusGlobal") was formed by articles of amalgamation on December 3, 2014, in the Province of Ontario, Canada and its executive office is in Toronto, Ontario, Canada, at 200 Davenport Road. Our telephone number is 416-223-8500. Our website address is www.susglobalenergy.com. Our annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K are all available, free of charge, on our website as soon as practicable after we file the reports with the Securities and Exchange Commission (the "SEC"). SusGlobal Energy Corp., a company in the start-up stages and Commandcredit Corp.

In its own words, from its 10-K, filed Jul 14, 2026.

SusGlobal Energy against its Refuse Systems peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -33% against the peers' median +6%.

CompanyQuarterRevenueY/YOp. margin
SNRG SusGlobal EnergyQ2 2026$17K-33%n/m
WM Waste ManagementQ3 2026$6.8B+6%18.7%
RSG Republic ServicesQ3 2026$5.2B+8%17.7%
WCN Waste ConnectionsQ3 2026$2.6B+7%20.5%
CWST Casella Waste SystemsQ2 2026$544M+17%3.7%
NVRI EnviriQ3 2026$325M+0.1%7.2%
QRHC Quest Resource HoldingQ3 2026$63.8M+0.7%2.7%
VIVK VivakorQ2 2026$32.1M+10%0.5%
AWX Avalon HoldingsQ3 2026$24.3M-6%13.0%

Source: SusGlobal Energy 10-Q on SEC EDGAR · CIK 1652539 · Refuse Systems

More on SNRG

History

Every quarter: Q2 2026 results · Q2 2025 results · Q1 2025 results · Q4 2024 results

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