Canada's GFL Environmental Q3 revenue jumps 27% on acquisitions, lifts 2026 outlook
GFL•GFL Environmental's third-quarter revenue rose 27.2% year over year to C$8.06 billion, including 7.4% organic growth, while adjusted EBITDA increased 26.8% to C$678.70 million. The company raised its 2026 revenue, adjusted EBITDA and free cash flow guidance.
1. Quarterly results
GFL Environmental said third-quarter revenue rose 27.2% year over year, with 7.4% organic growth. Adjusted EBITDA increased 26.8% to C$678.70 million. The company cited acquisitions, organic growth, margin expansion, operational efficiencies and cost synergies as drivers.
2. Raised 2026 outlook
GFL raised its 2026 revenue guidance to C$8.06 billion to C$8.08 billion from C$7.51 billion to C$7.53 billion. It now expects adjusted EBITDA of C$2.49 billion to C$2.50 billion, up from C$2.29 billion, and adjusted free cash flow of C$1.02 billion, up from C$900 million.
