WM Q2 2025 Earnings — Waste Management, Inc. Revenue & Financial Results | Market Cap Arena

WMWaste Management, Inc.

$96B

Q2 2025 Earnings

Industrials Waste Management

Income Statement

Revenue

$6.4B+19.0% YoY

Gross Profit

$1.9B29.3% margin

Operating Income

$1.2B18.5% margin

Net Income

$726M11.3% margin

EPS (Diluted)

$1.80

QoQ Revenue Growth

+6.8%

Cash Flow

Operating Cash Flow

$1.5B

Free Cash Flow

$813M

Stock-Based Comp.

-$100M

Balance Sheet

Total Assets

$45.7B

Total Liabilities

$36.5B

Stockholders' Equity

$9.2B

Cash & Equivalents

$440M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.4B	$5.4B	+19.0%
Gross Profit	$1.9B	$1.6B	+20.1%
Operating Income	$1.2B	$1.1B	+11.2%
Net Income	$726M	$680M	+6.8%

Revenue Segments

Commercial

$1.4B22%

Landfill

$1.0B16%

Residential

$872M14%

Other Collection

$796M12%

Industrial

$790M12%

Healthcare Solutions

$646M10%

Transfer

$389M6%

Recycling Processing and Sales

$381M6%

WM Renewable Energy

$115M2%

Geographic Segments

Western

$2.8B100%