Casella Waste Systems swings to Q3 net loss of $7.02 million
CWST•Casella Waste Systems reported a third-quarter 2026 net loss of $7.02 million as revenue rose 15% year over year to $559.23 million. It revised its FY26 outlook to a $4 million-$10 million net loss and raised revenue guidance to $2.1 billion-$2.11 billion.
1. Quarterly results and outlook
Casella Waste Systems swung to a third-quarter 2026 net loss of $7.02 million, partly due to a landfill-development impairment charge, while revenue increased 15% year over year to $559.23 million. The company said revenue growth was driven mainly by acquisitions, higher pricing, increased landfill volumes and National Accounts growth. It shifted its FY26 net-loss outlook to $4 million-$10 million and raised revenue guidance to $2.1 billion-$2.11 billion. Six businesses acquired in the first nine months of 2026 represented more than $170 million in aggregate annualized revenue.
