GFL Environmental Posts Higher Q1 2026 Revenue but Wider Loss From Continuing Operations

GFL Environmental ( (TSE:GFL) ) has shared an announcement.

GFL Environmental Inc. reported its unaudited interim condensed consolidated financial statements for the quarter ended March 31, 2026, showing revenue of $1.64 billion, up from $1.56 billion a year earlier, but a net loss from continuing operations of $219.2 million. The company also disclosed a sharp increase in cash to $1.44 billion and stable long-term asset levels, while higher foreign exchange losses and equity-accounted investment losses weighed on profitability, underscoring ongoing cost and financing pressures despite top-line growth.

The March 31, 2026 results follow a prior-year period that was heavily boosted by $3.62 billion of net income from discontinued operations, highlighting the absence of comparable one-time gains in the current quarter. Management filed accompanying MD&A and executive certifications with the U.S. Securities and Exchange Commission on May 1, 2026, providing additional detail on financial condition and results of operations, which will be closely watched by investors assessing leverage, earnings quality, and the company’s post-disposition performance trajectory.

The most recent analyst rating on (TSE:GFL) stock is a Buy with a C$65.00 price target. To see the full list of analyst forecasts on GFL Environmental stock, see the TSE:GFL Stock Forecast page.

Spark’s Take on GFL Stock

According to Spark, TipRanks’ AI Analyst, GFL is a Neutral.

The score is driven primarily by middling financial quality (high leverage and thin free cash flow despite strong operating margins) and bearish technicals (trading below major moving averages). These are partly offset by attractive valuation (low P/E and high yield) and a constructive earnings-call backdrop with raised guidance and strong margin execution, tempered by commodity and U.S. volume headwinds.

To see Spark’s full report on GFL stock, click here.

More about GFL Environmental

GFL Environmental Inc., based in Vaughan, Ontario, is a North American environmental services company that provides solid waste management, recycling, and related infrastructure services. The company operates across Canada and the United States, focusing on collection, transfer, disposal, and processing solutions for municipal, industrial, and commercial customers.

Average Trading Volume: 582,413

Technical Sentiment Signal: Hold

Current Market Cap: C$19.51B

For a thorough assessment of GFL stock, go to TipRanks’ Stock Analysis page.