WASTE CONNECTIONS, INC. (WCN) FY2025 Q3 P&L / Income Statement
2025-07-01 to 2025-09-30
Revenue by Business Segment (12 categories)
2025-07-01 to 2025-09-30
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WASTE CONNECTIONS, INC. (WCN) FY2025 Q3 P&L / Income Statement
Income statement for 2025-07-01 through 2025-09-30. View: Business segment (12 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Revenues
- 2,458,378,000 US dollars
- Cost of operations
- 1,406,854,000 US dollars
- Gross profit (calculated)
- 1,051,524,000 US dollars
- Operating expenses (calculated)
- 611,933,000 US dollars
- Operating income
- 439,591,000 US dollars
- Other income (expense), net (calculated)
- negative 64,817,000 US dollars
- Income before income tax provision
- 374,774,000 US dollars
- Income tax provision
- 88,503,000 US dollars
- Net income
- 286,271,000 US dollars
- Southern
- 547,026,000 US dollars
- Eastern
- 532,479,000 US dollars
- Western
- 553,346,000 US dollars
- Central
- 465,399,000 US dollars
- Canada
- 386,526,000 US dollars
- MidSouth
- 339,721,000 US dollars
- Selling, general and administrative
- 236,476,000 US dollars
- Depreciation
- 263,999,000 US dollars
- Amortization of intangibles
- 51,331,000 US dollars
- Impairments and other operating items
- 60,127,000 US dollars
- Revenue before reconciliation (calculated)
- 2,824,497,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- Southern
- negative 61,632,000 US dollars. Reported reconciliation to consolidated revenue.
- Eastern
- negative 91,709,000 US dollars. Reported reconciliation to consolidated revenue.
- Western
- negative 67,091,000 US dollars. Reported reconciliation to consolidated revenue.
- Central
- negative 52,010,000 US dollars. Reported reconciliation to consolidated revenue.
- Canada
- negative 36,760,000 US dollars. Reported reconciliation to consolidated revenue.
- MidSouth
- negative 56,917,000 US dollars. Reported reconciliation to consolidated revenue.
Chart connections
- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.

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Gross margin
42.8%
Gross profit / revenue
Operating margin
17.9%
Operating profit / revenue
Cash conversion
236.6%
Operating cash / net income, same period
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