WM Q2 2026 Earnings — Income Statement Breakdown

For its Q2 2026 period (ending 2026-06-30), WM reported revenue of $6.7B, gross profit of $2.7B (40.8% gross margin), operating income of $1.3B, and net income of $785M (11.7% net margin). The flow of revenue into costs and profit is visualized below.

What changed

WM was profitable; revenue grew 3.7% quarter over quarter.

ComparisonRevenueNet incomeNet margin
Year over yearNot availableNot availableNot available
Quarter over quarter+3.7%+30.2%+2.4 pp

Consensus estimate data is not available for this report.

WM Q2 2026 Income Statement

WM Q2 2026 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$6.7B100%
Cost of Revenue−$4.0B59.2%
Gross Profit$2.7B40.8%
Research & Development0.0%
Selling, General & Administrative0.0%
Other Operating Expenses−$1.5B22.1%
Operating Income$1.3B18.7%
Interest Expense−$233M3.5%
Other Income, net$4M0.1%
Income Tax Expense−$238M3.6%
Net Income$785M11.7%

Source: original SEC filing (filed 2026-07-28). Accession 0001104659-26-087575. Data normalized by EarningsFyi.