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Casella Waste Systems vs Quest Resource Holding: CWST and QRHC compared
Casella Waste Systems is the larger company: $544M of revenue in its latest quarter (Q2 2026) against $63.8M for Quest Resource Holding (Q3 2026). Casella Waste Systems is growing faster (+17% against +0.7% a year earlier). Casella Waste Systems is more profitable, with an operating margin of 3.7% against 2.7%.
Where the money goes: CWST and QRHC
Casella Waste Systems (CWST) · Q2 2026
Casella Waste Systems, Q2 2026: revenue $544M (+17% year over year), operating margin 3.7%, net earnings $3.8M, operating cash flow $98.8M. The chart follows the revenue to costs, profit and cash.
Quest Resource Holding (QRHC) · Q3 2026
Quest Resource Holding, Q3 2026: revenue $63.8M (+0.7% year over year), operating margin 2.7%, net loss $495K, operating cash flow −$251K. The chart follows the revenue to costs, profit and cash.
| Casella Waste Systems (CWST) | Quest Resource Holding (QRHC) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q3 2026 |
| Revenue | $544M | $63.8M |
| Revenue growth, Y/Y | +17% | +0.7% |
| Operating margin | 3.7% | 2.7% |
| Net earnings | $3.8M | −$495K |
| Net margin | 0.7% | -0.8% |
| Operating cash flow | $98.8M | −$251K |
| Free cash flow | $47.5M | — |
| Market value | $6.3B | — |
| Analysts’ mean target | $106.50 | — |
Where the revenue comes from
Casella Waste Systems
- Solid waste: $443M (81%)
- National Accounts: $48.7M (9%)
- Transfer station: $47.9M (9%)
- Processing: $2.6M (0%)
Quest Resource Holding
- Services: $60.5M (95%)
- Product Sales and Other: $3.3M (5%)
Questions
Which is bigger, Casella Waste Systems or Quest Resource Holding?
Casella Waste Systems is the larger company: $544M of revenue in its latest quarter (Q2 2026) against $63.8M for Quest Resource Holding (Q3 2026).
Is Casella Waste Systems or Quest Resource Holding growing faster?
Casella Waste Systems is growing faster (+17% against +0.7% a year earlier).
Which is more profitable, Casella Waste Systems or Quest Resource Holding?
Casella Waste Systems is more profitable, with an operating margin of 3.7% against 2.7%.
More: Casella Waste Systems earnings · how Casella Waste Systems makes money · Quest Resource Holding earnings · how Quest Resource Holding makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 7, 2026; 10-Q filed Nov 6, 2026). Fiscal quarters can end on different dates. Not investment advice.