How Casella Waste Systems makes money

Period

FY2025

How does Casella Waste Systems make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Casella Waste Systems Inc. · FY2025 · year ended 2025-12-31

Revenue$1.8BGross profit$620M · 34%Cost of revenue$1.2B · 66%Operating income$64M · 3%Operating expenses$557M · 30%SG&A$224M · 12%Other opex$332M · 18%Pre-tax income$13M · 1%Other expense$51M · 3%Net income$8M · 0%Income tax$0 · 0%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.