Clean Harbors Q3 revenue rises to $1.55 billion; full-year EBITDA outlook revised
Clean Harbors reported third-quarter 2025 revenue of $1.55 billion and net income of $118.8 million, or $2.21 per diluted share, both up from the prior year. The company revised its full-year 2025 Adjusted EBITDA guidance to $1.155 billion to $1.175 billion, citing third-quarter performance that management described as lower than anticipated in Environmental Services, and raised its adjusted free cash flow guidance to $455 million to $495 million.
Key points
- Q3 revenue was $1.55 billion versus $1.53 billion a year earlier; net income was $118.8 million, or $2.21 per diluted share, versus $2.12.
- Q3 Adjusted EBITDA rose 6% to $320.2 million from $301.8 million.
- Full-year 2025 Adjusted EBITDA guidance was revised to $1.155 billion to $1.175 billion; adjusted free cash flow guidance was raised to $455 million to $495 million.
- The company plans a $210 million to $220 million facility to convert a re-refining byproduct into base oil, with commercial launch expected in 2028.
The filing
Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 29, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.