Aug 6, 4:12 PM ET
Casella Waste Systems reported second-quarter 2026 revenue of $543.7 million, up 16.9% from a year earlier, driven by acquisitions, pricing and landfill volumes. GAAP net income fell to $3.8 million, and the company lowered its full-year 2026 net income guidance while raising its revenue guidance.
- Q2 2026 revenues were $543.7 million, up $78.4 million, or 16.9%, from the same period in 2025.
- Q2 net income was $3.8 million, down 27.6% from $5.2 million; Adjusted EBITDA was $123.2 million, up 12.5%.
- Fiscal 2026 revenue guidance was raised to $2.090 billion to $2.110 billion from $2.060 billion to $2.080 billion.
- Fiscal 2026 net income guidance was lowered to $0 to $6 million from $4 million to $10 million; Adjusted EBITDA guidance of $473 million to $483 million was reaffirmed.
Read the filing on SEC.gov ↗
Jul 1, 8:27 AM ET
Casella Waste Systems appointed Damian A. Ribar as executive vice president and chief operating officer, with employment expected to start July 20, 2026. He previously served as a division vice president at Waste Connections, most recently in North Florida, from August 2025 until July 2026.
- Appointment approved by the Board on June 26, 2026; Ribar accepted the offer letter on June 27, 2026
- Base salary of $500,000, with a cash bonus of up to 85% of base salary
- Expected annual equity awards: restricted stock units with a $200,000 grant date value and performance stock units with a $600,000 grant date value
- One-time option grant for 25,000 Class A shares, granted after second quarter 2026 earnings are announced
Read the filing on SEC.gov ↗
Apr 30, 4:13 PM ET
Casella Waste Systems reported first-quarter 2026 revenue of $457.3 million, up 9.6% from a year earlier, and adjusted EBITDA of $97.1 million, up 12.3%, while its net loss widened to $5.5 million from $4.8 million. The company raised its fiscal 2026 guidance for revenue, adjusted EBITDA and adjusted free cash flow, citing acquisitions, but lowered its net income estimate to $4 million to $10 million from $16 million to $22 million.
- Q1 2026 revenue was $457.3 million, up $40.2 million from the same period in 2025; net loss was $5.5 million versus $4.8 million a year earlier.
- Adjusted EBITDA was $97.1 million, up 12.3%; adjusted free cash flow was $30.7 million, up $1.6 million.
- Fiscal 2026 revenue guidance was raised to $2.060 billion to $2.080 billion; adjusted EBITDA guidance was raised to $473 million to $483 million.
- Fiscal 2026 net income guidance was lowered to $4 million to $10 million from $16 million to $22 million.
Read the filing on SEC.gov ↗
Apr 22, 4:43 PM ET
Casella Waste Systems and its subsidiaries entered a Master Lease with Huntington National Bank on April 20, 2026, for leasing or financing motor vehicles and other equipment, plus an Interim Agreement for progress-payment financing capped at $20.0 million. The board approved total lease schedules of up to $250.0 million outstanding across this and the company's existing Banc of America lease, which the filing says matches permitted debt, finance lease and lien baskets under its credit agreement. The filing gives no financial results, so the deal's effect on earnings is not stated.
- Master Lease with Huntington National Bank signed April 20, 2026; the bank has no committed funding amount under it
- Interim Agreement No. 1 allows up to $20.0 million in outstanding progress-payment financing at one-month term SOFR plus 0.11448%
- Board approved up to $250.0 million outstanding in lease schedules, including those under the July 20, 2020 Banc of America lease agreement
- Obligations are guaranteed by each co-lessee and secured by a security interest in leased equipment
Read the filing on SEC.gov ↗
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