10-Q quarterly report · filed Jul 29, 2025

Waste Management (WM) Q2 2025 10-Q Quarterly Report

Short answer

Waste Management (WM) filed its Q2 2025 10-Q quarterly report on Jul 29, 2025 for the quarter ended Jun 30, 2025. Quarterly revenue was $6.4B (up 19.0% year over year) with net income of $726M.

Q2 2025 key financials · XBRL

Revenue
$6.4B
+19.0% YoY · +6.8% QoQ
Net income
$726M
+6.8% YoY · +14.0% QoQ
Operating margin
17.9%
EPS (diluted)
$1.79
+5.9% YoY · +13.3% QoQ

Source: XBRL data from the Waste Management (WM) Q2 2025 10-Q on SEC EDGAR. USD.

Waste Management Q2 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Risk Factors

  • New risk: Integration and operational risks from Stericycle acquisition in Nov 2024, including capturing synergies and cost reductions
  • Material update: Increased labor and operating costs due to acquisitions and inflationary pressures impacting expenses and margins
  • Regulatory risk: Mandated fees and taxes increased by $18M and $25M for Q2 and H1 2025, especially in West Tier landfills
  • Operational risk: Wildfire clean-up in West Tier increased special waste volume, favorably impacting near-term revenue and operating results
  • Financial risk: $4.0B debt maturing within 12 months; $3.0B classified as long-term due to intent and ability to refinance via $3.5B credit facility

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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