Clean Harbors FY26 Q2 net income rises 34% to $170.5 million; revenue increases 12% to $1.74 billion
CLH•Second-quarter results
Clean Harbors posted Q2 revenue up 12% to $1.74 billion; GAAP net income climbed 34% to $170.5 million.
GAAP diluted EPS rose 36.44% to $3.22; GAAP operating income increased 28% to $268.9 million.
Non-GAAP adjusted EBITDA rose 22% to $409 million; adjusted EBITDA margin widened 1.9 percentage points to 23.6%.
Contract win and updated outlook
The company won a 10-year disposal contract with an estimated value of $600 million, starting in Q4 and expected to reach full capacity in 2030.
Clean Harbors raised its 2026 non-GAAP adjusted EBITDA guidance to $1.35 billion-$1.41 billion and lifted its adjusted free cash flow outlook to $520 million-$580 million.
