Filing Flows › Waste Management (WM) › Q3 2026 › vs Q2 2026
Waste Management (WM) Q3 2026 vs Q2 2026 (quarter over quarter)
Waste Management's revenue rose $162M (+2%) from $6.7B in Q2 2026 to $6.8B in Q3 2026. Operating margin 18.7% against 18.7% (-0.1 pts).
Waste Management, Q3 2026: revenue $6.8B (+6% year over year), operating margin 18.7%, net earnings $820M, operating cash flow $1.6B. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 18.7% | 18.7% | -0.1 pts |
| Net margin | 12.0% | 11.8% | +0.2 pts |
| Free cash flow margin | 14.4% | 16.4% | -2.0 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $6.8B | $6.7B | $162M | +2% |
| Operating profit | $1.3B | $1.3B | $26.0M | +2% |
| Costs & expenses | $5.6B | $5.4B | $136M | +3% |
| Pre-tax earnings | $1.0B | $1.0B | $20.0M | +2% |
| Other expense, net | $235M | $229M | $6.0M | +3% |
| Cost of revenue | $4.1B | $4.0B | $138M | +3% |
| SG&A | $655M | $683M | −$28.0M | -4% |
| Other operating costs | $819M | $793M | $26.0M | +3% |
| Net earnings | $820M | $786M | $34.0M | +4% |
| Income tax | $224M | $238M | −$14.0M | -6% |
| Depreciation & amortization | $792M | $777M | $15.0M | +2% |
| Share-based compensation | $41.0M | $46.0M | −$5.0M | -11% |
| Working capital & other | $13.0M | −$117M | $130M | — |
| Operating cash flow | $1.6B | $1.7B | −$86.0M | -5% |
| Free cash flow (OCF − capex) | $983M | $1.1B | −$113M | -10% |
| Capital expenditures | $657M | $630M | $27.0M | +4% |
Questions
How much did Waste Management's revenue grow quarter over quarter in Q3 2026?
Waste Management's revenue rose $162M (+2%) from $6.7B in Q2 2026 to $6.8B in Q3 2026. Operating margin 18.7% against 18.7% (-0.1 pts).