GFL Environmental Inc. Reports Q1 2026 Results and Raises Full Year Guidance

GFL Environmental Inc. announced its first quarter 2026 results, with revenue, Adjusted EBITDA, and Adjusted Free Cash Flow all exceeding expectations. The company achieved its highest-ever Q1 Adjusted EBITDA margin of 29.1%, a 180 basis point increase year-over-year, driven by 7.0% price growth. Revenue increased by 5.4% to $1,643.8 million, while Adjusted EBITDA rose by 12.3% to $478.5 million. Despite a net loss from continuing operations of $219.2 million, the company raised its full-year 2026 Adjusted EBITDA guidance by $90 million to approximately $2,230 million, reflecting the impact of acquisitions completed year-to-date which are expected to generate $425.0 million to $450.0 million in annualized revenue. GFL also highlighted the strategic importance of its proposed acquisition of SECURE Waste, which is expected to close in the latter half of the year and further strengthen its position in Western Canada.