Waste Management (WM) Revenue — Quarter Ended Dec 31, 2025
Revenue for the quarter declined versus the immediate prior quarter. Compared to the same quarter one year ago, revenue was higher.
Key takeaway
Quarter ended Dec 31, 2025 · FY2025 Q4
Revenue for the quarter declined versus the immediate prior quarter. Compared to the same quarter one year ago, revenue was higher.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6.3B
Revenue reported for this quarter.
Quarter-over-quarter
-2.0%
Change from the immediately preceding quarter.
Year-over-year
+7.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$25.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2025 | $6B | +16.7% |
| Jun 30, 2025 | $6.4B | +19.0% |
| Sep 30, 2025 | $6.4B | +14.9% |
| Dec 31, 2025 | $6.3B | +7.1% |
Revenue performance
Total revenue for the quarter decreased from the preceding quarter. The level remained above that of the same quarter a year earlier.
Quarterly comparison
The quarter-over-quarter change was negative, contrasting with the positive year-over-year comparison. The trailing twelve-month revenue reflected the full-year cumulative performance.
What to watch
Monitor whether the sequential decline continues in the next reporting period.