GFL jumps as Q1 results beat expectations and 2026 guidance rises
GFL Environmental shares are rising after the company reported Q1 2026 results and raised full-year 2026 guidance on April 29, 2026. The company cited 7.0% core pricing and lifted its 2026 outlook to about $7.32–$7.34B revenue and about $2.23B adjusted EBITDA.
1) What’s moving the stock
GFL Environmental (GFL) is trading higher Wednesday after releasing first-quarter 2026 results and increasing its full-year 2026 guidance. The company tied the guidance increase to acquisitions completed through April 1, 2026, while also pointing to strong base-business momentum and pricing strength.
2) Key numbers investors are reacting to
For Q1 2026, GFL reported revenue of $1,643.8 million (+5.4% year over year) and said core pricing contributed 7.0%. Adjusted EBITDA rose 12.3% to $478.5 million, with adjusted EBITDA margin expanding to 29.1% from 27.3% a year earlier. GFL also updated its 2026 outlook to revenue of about $7,320 million to $7,340 million, adjusted EBITDA of about $2,230 million, and adjusted free cash flow of about $850 million, with the higher guidance reflecting only the impact of completed acquisitions through April 1, 2026.
3) What to watch next
Management is scheduled to discuss the quarter on an earnings call on Thursday, April 30, 2026 at 8:30 a.m. ET. Investors will be looking for details on how durable the pricing-driven growth is, how acquisition integration is tracking, and whether the company signals further upside beyond the newly raised 2026 targets.