Waste Management, Inc. (WM) Revenue by Segment

Waste Management revenue by segment at a glance

In Q2 fiscal 2026 (the quarter ended June 30, 2026), Waste Management's largest business segment was Collection and Disposal, with $5.48 billion or 82% of revenue, up 3.7% from a year earlier. Next: Healthcare Solutions (10%), Recycling Processing and Sales (6%) and Renewable Energy (2%).

By product or service, Collection and Disposal brought in 82%, Healthcare Solutions brought in 10% and Recycling Processing and Sales brought in 6% of revenue in Q2 fiscal 2026.

The fastest-growing business segment from a year earlier was Recycling Processing and Sales (+5.8%).

From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q3 fiscal 2017.

Waste Management, Inc.

WMCommercial Services

United States

Commercial Services

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

Collection and DisposalOperating Group TotalTier ThreeTier OneAll other segmentsTier TwoSolid WasteEast TierOther

Q2 FY26 breakdown

Fiscal quarter ended Jun 30, 2026

Item	Revenue	Share	vs year before
Collection and Disposal	USD 5.48B	82.1%	+3.7%
Healthcare Solutions	USD 638.00M	9.6%	-1.2%
Recycling Processing and Sales	USD 403.00M	6.0%	+5.8%
Renewable Energy	USD 157.00M	2.4%	+36.5%

Sum of items USD 6.68B. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19	Q4 FY18	Q3 FY18	Q2 FY18	Q1 FY18	Q4 FY17	Q3 FY17
Collection and Disposal	5.5B	5.1B	–	5.3B	5.3B	4.9B	–	5.1B	4.9B	4.7B	–	4.8B	4.7B	4.5B	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Operating Group Total	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.8B	3.7B	3.5B	–	3.7B
Tier Three	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.7B	1.4B	1.3B	1.2B	736.0M	1.3B	1.3B	1.2B	771.0M	–	–	–	–	–
Tier One	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.6B	861.0M	797.0M	1.2B	1.2B	1.3B	1.3B	1.2B	1.1B	–	–	–	–	–
All other segments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	854.0M	842.0M	807.0M	–	807.0M	697.0M	642.0M	641.0M	592.0M	529.0M	525.0M	532.0M	556.0M	550.0M	557.0M	598.0M	–	–	–	–	–
Tier Two	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.0B	1.0B	942.0M	734.0M	1.4B	799.0M	796.0M	722.0M	1.4B	–	–	–	–	–
Solid Waste	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4.2B	4.2B	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
East Tier	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.9B	–	2.4B	1.9B	1.7B	–	–	–	–	–	–	–	–	–	–	–	–	–	–
West Tier	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.9B	–	2.4B	1.9B	1.7B	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Recycling Processing and Sales	403.0M	368.0M	–	372.0M	381.0M	384.0M	–	432.0M	405.0M	368.0M	–	305.0M	316.0M	294.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Healthcare Solutions	638.0M	614.0M	–	628.0M	646.0M	619.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Other Operating	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	584.0M	557.0M	553.0M	–	598.0M
Renewable Energy	157.0M	159.0M	–	115.0M	115.0M	91.0M	–	87.0M	69.0M	69.0M	–	67.0M	62.0M	69.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Corporate Segment and Other Operating	–	–	–	7.0M	–	–	–	6.0M	6.0M	–	–	–	7.0M	6.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

Waste Management revenue by business segment, last 4 quarters

Business segment	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Collection and Disposal	$5.5B	$5.1B	$5.3B	$5.3B	82%
Healthcare Solutions	$638.0M	$614.0M	$628.0M	$646.0M	10%
Recycling Processing and Sales	$403.0M	$368.0M	$372.0M	$381.0M	6%
Renewable Energy	$157.0M	$159.0M	–	$115.0M	2%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Waste Management revenue by product or service, last 4 quarters

Product or service	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Collection and Disposal	$5.5B	$5.1B	$5.3B	$5.3B	82%
Healthcare Solutions	$638.0M	$614.0M	$628.0M	$646.0M	10%
Recycling Processing and Sales	$403.0M	$368.0M	$372.0M	$381.0M	6%
Renewable Energy	$157.0M	$159.0M	–	$115.0M	2%
Service, Other	$7.0M	$5.0M	$7.0M	$7.0M	under 1%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Questions and answers

What are Waste Management's business segments?

Collection and Disposal, Healthcare Solutions, Recycling Processing and Sales and Renewable Energy (as reported for Q2 fiscal 2026).

Which business segment makes the most money for Waste Management?

Collection and Disposal: $5.48 billion, or 82% of revenue, in Q2 fiscal 2026.

What are Waste Management's main products and services?

By revenue in Q2 fiscal 2026: Collection and Disposal (82%), Healthcare Solutions (10%), Recycling Processing and Sales (6%) and Renewable Energy (2%).

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Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.