Waste Connections (WCN) Releases Q3 2026 Earnings

Waste Connections, Inc. ($WCN) reported solid third-quarter 2026 results, with revenue rising to $2.6 billion, up 7.3% from a year earlier. Gross profit increased 8.1% to $1.1 billion, while operating profit climbed 23.2% to $541.7 million, showing stronger profitability across the business.

Bottom-line performance was even better. Net income attributable to common shareholders reached $359.2 million, up 25.5% year over year, and diluted earnings per share rose 28.8% to $1.43.

Cash generation remained healthy, with operating cash flow of $691.9 million. The company also continued investing in its asset base, with capital spending of $299.9 million. Balance sheet cash stood at $95.7 million, while total liabilities were $13.6 billion.

• Revenue: $2.6 billion, up 7.3%
• Operating profit: $541.7 million, up 23.2%
• Net income: $359.2 million, up 25.5%
• Diluted EPS: $1.43, up 28.8%
• Operating cash flow: $691.9 million

Note: This financials data is sourced from a third-party provider and has not been independently verified by Investivoq.

Waste Connections, Inc. Insider Trading Activity

Waste Connections, Inc. insiders have traded $WCN stock on the open market 14 times in the past 6 months. Of those trades, 1 have been purchases and 13 have been sales.

Here’s a breakdown of recent trading of $WCN stock by insiders over the last 6 months:

• RONALD J MITTELSTAEDT (President & CEO) purchased 50,000 shares for an estimated $7,611,750
• PATRICK JAMES SHEA (Exec VP, General Counsel & Sec) sold 7,500 shares for an estimated $1,171,914
• ERIC HANSEN (Senior Vice President and CIO) sold 6,000 shares for an estimated $988,924
• ROBERT MICHAEL CLONINGER (SR VP, Deputy General Counsel) has made 0 purchases and 2 sales selling 2,811 shares for an estimated $480,748.
• JAMES LITTLE (Executive VP Engineering) sold 2,605 shares for an estimated $427,167
• PHILIP RIVARD (SR VP Business Development) sold 2,500 shares for an estimated $416,425
• III ROBERT NIELSEN (SR VP Operations) has made 0 purchases and 5 sales selling 2,127 shares for an estimated $344,061.
• SUSAN NETHERTON (SR VP People, Training & Dev) sold 1,750 shares for an estimated $290,500
• JASON CRAFT (Executive Vice President & COO) sold 1,500 shares for an estimated $234,887

To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

Waste Connections, Inc. Hedge Fund Activity

We have seen 371 institutional investors add shares of Waste Connections, Inc. stock to their portfolio, and 390 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• FMR LLC removed 3,623,552 shares (-40.4%) from their portfolio in Q2 2026, for an estimated $604,009,882
• INVESCO LTD. added 3,172,521 shares (+764.0%) to their portfolio in Q2 2026, for an estimated $528,827,525
• AQR CAPITAL MANAGEMENT LLC added 3,002,466 shares (+270.8%) to their portfolio in Q2 2026, for an estimated $500,481,057
• JPMORGAN CHASE & CO added 2,446,717 shares (+inf%) to their portfolio in Q2 2026, for an estimated $407,843,256
• GOLDMAN SACHS GROUP INC removed 2,291,696 shares (-48.6%) from their portfolio in Q2 2026, for an estimated $382,002,806
• WELLINGTON MANAGEMENT GROUP LLP removed 2,067,975 shares (-41.9%) from their portfolio in Q2 2026, for an estimated $344,710,752
• ATLAS FRM LLC added 1,510,000 shares (+inf%) to their portfolio in Q2 2026, for an estimated $251,701,900

To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.