Casella Waste Systems Inc. (CWST) Financial Statements (2026 and earlier)

Company Profile

Business Address	25 GREENS HILL ROAD RUTLAND, VT 05701
State of Incorp.	DE
Fiscal Year End	December 31
Industry (SIC)	4953 - Refuse Systems (benchmarking)
More info	Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

	3/31/2026 MRQ	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments		123,773	358,303	220,912	71,152	33,809	154,342
Cash and cash equivalent		123,773	358,303	220,912	71,152	33,809	154,342
Receivables		178,068	175,203	160,413	100,886	86,979	74,427
Inventory, net of allowances, customer advances and progress billings			21,539	17,859	13,472	9,729	7,868
Inventory			21,539	17,859	13,472	9,729	7,868
Prepaid expense		29,930	23,047	17,223	15,182	12,766	9,289
Other current assets		37,510	10,213	9,918	6,787	3,196	1,328
Other undisclosed current assets			25,000
Total current assets:		369,281	613,305	426,325	207,479	146,479	247,254
Noncurrent Assets
Operating lease, right-of-use asset		105,252	98,050	100,844	92,063	93,799	95,310
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization		65,941
Intangible asset, including goodwill, after accumulated amortization		1,410,911	1,315,734	977,099	366,241	326,583	253,225
Goodwill		1,120,056	1,002,266	735,670	274,458	232,860	194,901
Intangible asset, excluding goodwill, after accumulated amortization		290,855	313,468	241,429	91,783	93,723	58,324
Restricted cash and investments		96,265	2,499	2,203	1,900	2,122	1,848
Deferred costs		13,511
Deferred income tax assets				11,224	22,903	43,957	61,163
Other noncurrent assets		21,241	24,698	26,255	27,112	14,772	13,322
Other undisclosed noncurrent assets		1,220,924	1,175,782	991,520	731,517	655,868	521,776
Total noncurrent assets:		2,934,045	2,616,763	2,109,145	1,241,736	1,137,101	946,644
TOTAL ASSETS:		3,303,326	3,230,068	2,535,470	1,449,215	1,283,580	1,193,898
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities		203,500	200,493	191,793	146,854	123,666	100,468
Interest and dividends payable	✕	✕	✕	✕	✕	2,042	2,126
Employee-related liabilities	✕	✕	✕	✕	✕	22,210	17,282
Accounts payable		102,468	111,087	116,794	74,203	63,086	49,198
Accrued liabilities		101,032	89,406	74,999	72,651	36,328	31,862
Deferred revenue		45,153	50,690	31,472	3,742	3,404	2,685
Debt		25,735	42,619	35,781	8,968	9,901	9,240
Accrued environmental loss contingencies		1,244	1,597	1,662	814
Accrued capping, closure, post-closure and environmental costs		7,562	3,224	10,773	11,036	7,915	10,268
Due to related parties	✕	✕	✕	✕	1,891	1,325	1,297
Other undisclosed current liabilities		10,708	8,694	7,377	4,295	5,982	7,250
Total current liabilities:		293,902	307,317	278,858	177,600	152,193	131,208
Noncurrent Liabilities
Long-term debt and lease obligation, including:		1,128,927	1,090,632	1,007,662	585,015	542,503	530,411
Other undisclosed long-term debt and lease obligation		1,128,927	1,090,632	1,007,662	585,015	486,128	469,432
Liabilities, other than long-term debt		311,788	281,280	227,159	188,700	110,052	109,158
Asset retirement obligations		185,160	169,006	123,131	102,642	78,999	72,265
Deferred income tax liabilities		18,965	19,089	627	437	868	912
Other liabilities		35,150	28,736	37,327	28,276	30,185	35,981
Operating lease, liability		72,513	64,449	66,074	57,345	56,375	60,979
Total noncurrent liabilities:		1,440,715	1,371,912	1,234,821	773,715	652,555	639,569
Total liabilities:		1,734,617	1,679,229	1,513,679	951,315	804,748	770,777
Equity
Equity, attributable to parent, including:		1,568,709	1,550,839	1,021,791	497,900	422,457	362,142
Additional paid in capital		1,697,143	1,679,878	1,168,812	661,761	652,045	639,247
Accumulated other comprehensive income (loss)		(3,955)	3,312	(1,080)	7,542	(5,103)	(11,517)
Accumulated deficit		(125,114)	(132,985)	(146,521)	(171,920)	(224,999)	(266,099)
Other undisclosed equity, attributable to parent		635	634	580	517	514	511
Total equity:		1,568,709	1,550,839	1,021,791	497,900	422,457	362,142
Other undisclosed liabilities and equity						56,375	60,979
TOTAL LIABILITIES AND EQUITY:		3,303,326	3,230,068	2,535,470	1,449,215	1,283,580	1,193,898

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

	3/31/2026 TTM	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Revenues		1,836,841	1,557,283	1,264,542	1,085,089	889,211	774,584
Cost of revenue		(1,442,941)	(1,185,604)	(956,307)	(818,071)	(661,026)	(590,251)
Cost of product and service sold		(1,216,605)	(1,027,336)	(832,038)	(723,117)	(582,403)	(515,646)
Gross profit:		393,900	371,679	308,235	267,018	228,185	184,333
Operating expenses		(330,231)	(298,918)	(227,808)	(171,624)	(150,525)	(125,036)
Operating income:		63,669	72,761	80,427	95,394	77,660	59,297
Nonoperating expense		(50,617)	(51,713)	(43,382)	(20,428)	(19,614)	(20,995)
Interest and debt expense		(62,544)	(62,411)	(8,191)	(23,722)	(21,229)	(22,371)
Income (loss) from continuing operations before equity method investments, income taxes:		(49,492)	(41,363)	28,854	51,244	36,817	15,931
Other undisclosed income from continuing operations before income taxes		62,544	62,411	8,191	23,722	21,229	22,371
Income from continuing operations before income taxes:		13,052	21,048	37,045	74,966	58,046	38,302
Income tax expense (benefit)		(5,181)	(7,512)	(11,646)	(21,887)	(16,946)	52,804
Income from continuing operations:		7,871	13,536	25,399	53,079	41,100	91,106
Income before gain (loss) on sale of properties:	✕	✕	✕	✕	✕	41,100	91,106
Net income available to common stockholders, diluted:		7,871	13,536	25,399	53,079	41,100	91,106

Comprehensive Income ($ in thousands)
Annual | Quarterly

	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Net income:	7,871	13,536	25,399	53,079	41,100	91,106
Other comprehensive income (loss)				(4,095)	(2,086)	2,029
Comprehensive income:	7,871	13,536	25,399	48,984	39,014	93,135
Other undisclosed comprehensive income (loss), net of tax, attributable to parent	(7,267)	4,392	(8,622)	16,740	8,500	(7,505)
Comprehensive income, net of tax, attributable to parent:	604	17,928	16,777	65,724	47,514	85,630

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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Casella Waste Systems Inc. (CWST) Financial Statements (2026 and earlier)

Company Profile

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

Comprehensive Income ($ in thousands)
Annual | Quarterly

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Casella Waste Systems Inc. (CWST) Financial Statements (2026 and earlier)

Company Profile

Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly

Income Statement (P&L) ($ in thousands)Annual | Quarterly

Comprehensive Income ($ in thousands)Annual | Quarterly

Statements Sources

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and Analysis Software

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

Comprehensive Income ($ in thousands)
Annual | Quarterly