GFL Environmental Posts $21.6M Q3 Loss Despite Revenue Growth, Raises 2026 Guidance

GFL Environmental Inc. (GFL) reported a third-quarter 2026 net loss attributable to the company of $21.6 million, or $0.09 per share, reversing a net income of $96.6 million, or $0.23 per share, a year earlier. Shares rose 3.23% to $45.00 in after-hours trading on the New York Stock Exchange. Revenue increased to $2.1553 billion from $1.6942 billion. The company reported a pre-tax loss of $11.4 million, compared with pre-tax income of $126.2 million in the prior-year quarter. For the first nine months, net loss attributable to GFL was $397.1 million, or $1.17 per share, versus net income of $3.7553 billion, or $9.75 per share, a year earlier. Nine-month revenue rose to $5.7469 billion from $4.9295 billion. GFL raised its 2026 guidance, now expecting revenue of approximately $8.055 billion to $8.075 billion, adjusted EBITDA of approximately $2.490 billion to $2.495 billion, and adjusted free cash flow of approximately $1.020 billion.