Clean Harbors Q2 revenue rises 12% to record $1.74 billion; raises 2026 guidance
Clean Harbors reported second-quarter 2026 revenue of $1.74 billion, up 12%, with net income up 34% to $170.5 million, or $3.22 per diluted share. The company raised the midpoint of its 2026 Adjusted EBITDA guidance by $110 million and announced a planned $305 million cash acquisition of ES&H, which is expected to close in the second half of 2026.
Key points
- Q2 2026 net income was $170.5 million, or $3.22 per diluted share, versus $126.9 million, or $2.36 per diluted share, a year earlier.
- Q2 2026 Adjusted EBITDA rose 22% to $409.0 million, and the Adjusted EBITDA margin was 23.6%, up from 21.7%.
- 2026 Adjusted EBITDA guidance is now $1.35 billion to $1.41 billion, and adjusted free cash flow guidance is $520 million to $580 million.
- A ten-year disposal contract with an estimated value of $600 million was awarded, and the ES&H acquisition is priced at $305 million in cash.
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 July 29, 2026.
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.