Casella Waste Systems Delivers Strong Q1 2026 Results, Exceeding Budget with 9.6% Revenue Growth
Casella Waste Systems, Inc. has reported a solid first quarter 2026 performance, exceeding its budget and delivering strong financial results.
During the conference call to discuss the Q1 2026 results, Ned Coletta, President and Chief Executive Officer of Casella Waste Systems, highlighted the company's execution across the business, which led to a 9.6% year-over-year revenue growth, reaching $457.3 million.
The strong performance was driven by contributions from acquisitions and the base business, with solid waste pricing up 5.1% overall, including 5.3% in the collection line of business and 4.7% in disposal. The company's resource solutions segment also showed continued strength, particularly in national accounts.
The results reflect the consistency of Casella's operating model and the focus of its teams on execution, safety, and customer service. Despite slightly negative volumes mainly due to challenging winter weather across their footprint, total landfill tons were up year-over-year, including increases in both MSW and C&D volumes, with C&D volumes actually up 13% year-over-year at the landfills.
Ned Coletta emphasized that these results demonstrate the strength of Casella's sales pipeline, internalization efforts over the last year and a half, and their unique landfill asset positioning in the Northeast. The company is well-positioned for the seasonal upswing in volumes seen in the spring, with positive trends observed through April.
On the cost side, Casella's fuel recovery program worked effectively in the quarter, fully offsetting the increase in fuel costs across their business. This remains an important component of managing risk and producing stable and predictable operating results.
The company's focus on disciplined execution at the offering level continues to yield results, with progress made on route optimization, fleet efficiency, and automation. Adjusted EBITDA increased 12.3% year-over-year, and Casella delivered 50 basis points of margin expansion in the quarter.
