Casella Waste Systems, Inc. files SEC reports that document its regional solid waste, recycling, and resource management business, its Nasdaq-listed Class A common stock, and recurring corporate events. Form 8-K filings furnish quarterly and fiscal-year operating results and record material events such as equipment lease and financing arrangements, executive changes, and revenue bond remarketing or redemption activity.
Casella’s proxy filings describe annual meeting proposals, director elections, advisory executive-compensation votes, board governance, and stockholder voting procedures. The filing record also documents capital-structure matters tied to its common stock, subsidiaries, guarantees, equipment financing, and solid waste disposal revenue bonds used in the company’s operations.
Casella Waste Systems, Inc. is starting a remarketing of $15.0 million of long-term tax-exempt revenue bonds. These New York State Environmental Facilities Corporation Solid Waste Disposal Revenue Bonds, Series 2014R-2, were drawn in 2016 and mature on December 1, 2044.
The current interest rate period ends May 31, 2026, and the bonds are expected to be mandatorily tendered and remarketed on June 1, 2026 at a new interest rate. The bonds are guaranteed by substantially all subsidiaries and are payable solely from amounts received from Casella and the guarantors, not from the State of New York.
As of March 31, 2026, Casella had about $1.165 billion of debt, including $800.0 million of term loans and $273.5 million of tax-exempt bonds, plus $515.0 million notional interest rate derivatives, $673.4 million of unused revolver commitments, and $126.9 million in cash and cash equivalents.
Casella Waste Systems, Inc. reported Q1 2026 revenues of $457.3 million, up from $417.1 million a year earlier, driven by higher pricing, acquisitions and growth in both solid waste and Resource Solutions operations. Solid waste revenues rose 10% to $368.5 million, while Resource Solutions contributed $88.8 million.
The company posted a net loss of $5.5 million, or $(0.09) per share, compared with a $4.8 million loss, or $(0.08) per share, in Q1 2025, as higher operating, fuel, labor and acquisition-related costs offset revenue gains. Operating income improved modestly to $4.9 million.
Casella generated $62.3 million in net cash from operating activities, up from $50.1 million, while using $93.1 million for acquisitions and $50.0 million for capital expenditures. Total assets were $3.27 billion and stockholders’ equity was $1.57 billion at March 31, 2026, with total debt principal of about $1.16 billion.
Casella Waste Systems reported first quarter 2026 revenue of $457.3 million, up 9.6% from 2025, driven by acquisitions, solid waste price increases and Resource Solutions growth. Operating income rose to $4.9 million, but the company recorded a net loss of $5.5 million, similar to last year.
Non-GAAP results were stronger, with Adjusted EBITDA of $97.1 million, up 12.3%, and Adjusted Net Income of $12.8 million, up 5.2%. Net cash provided by operating activities increased to $62.3 million, and Adjusted Free Cash Flow reached $30.7 million.
The company acquired four businesses in 2026 with about $150 million in aggregate annualized revenues, including Star Waste Systems. It raised 2026 guidance for revenue to $2.06–$2.08 billion, Adjusted EBITDA to $473–$483 million, and Adjusted Free Cash Flow to $200–$210 million, while lowering net income guidance to $4–$10 million.
Casella Waste Systems Inc ownership filing: Vanguard Capital Management reports beneficial ownership of 3,276,229 shares of Common Stock, representing 5.23% of the class as of 03/31/2026. The filer reports sole voting power for 477,302 shares and sole dispositive power for 3,276,229 shares. The filing states these holdings include securities held by Vanguard funds and certain Vanguard affiliates over which Vanguard Capital Management exercises dispositive power.
Casella Waste Systems Inc ownership filing: Vanguard Portfolio Management reports beneficially owning 3,407,917 shares of common stock, equal to 5.45% of the class. The filing states Vanguard has sole dispositive power over 3,407,917 shares and sole voting power over 54,676 shares. The signature block shows the filing was signed by Ashley Grim on 04/29/2026.
Wasatch Advisors amended its Schedule 13G filing to report beneficial ownership of 2,582,220 shares of Casella Waste Systems Inc. Class A common stock, representing 4.1% of the class. The filing shows sole voting power for 1,764,429 shares and sole dispositive power for 2,582,220 shares. The amendment is signed by Mike Yeates, CEO, dated 04/22/2026.
Casella Waste Systems, Inc. entered into a new equipment Master Lease with Huntington National Bank, allowing Casella and certain subsidiaries to lease or finance motor vehicles and other equipment over time under separately agreed lease schedules.
Casella and the co-lessees also signed an Interim Agreement under which Huntington may finance progress payments for equipment expected to be placed on future lease schedules, with a maximum outstanding amount of $20.0 million. These advances bear interest at one month term SOFR plus 0.11448% and are expected to be capitalized into the related lease amounts.
Casella’s board approved entering into lease schedules under this Master Lease and an existing Banc of America master lease in an aggregate amount of up to $250.0 million at any time outstanding, aligned with permitted indebtedness and lease limits in Casella’s existing credit agreement. The new arrangements are guaranteed by the co-lessees, secured by the financed equipment, and include customary covenants, events of default, and remedies.
Casella Waste Systems is asking stockholders to vote at its virtual 2026 annual meeting on June 4, 2026 on four Class II director elections, an advisory say‑on‑pay vote, and ratification of RSM US LLP as independent auditors for 2026.
Stockholders of record as of April 8, 2026, holding 62,621,637 Class A shares and 988,200 Class B shares, may vote online, by phone, mail, or during the webcast. The proxy highlights multi‑year execution: in fiscal 2025 revenue increased by $279.6 million or 18.0%, Adjusted EBITDA rose $62.2 million or 17.3%, and adjusted free cash flow grew $21.6 million or 13.6% versus 2024, while net income declined $5.7 million or 41.9% due to higher depreciation and amortization from recent acquisitions.
Over the five years ended December 31, 2025, the company reports a 58.1% stock price increase. Executive pay is heavily performance‑based, with 75% of annual equity awards in performance stock units and a mix of financial and ESG metrics in annual bonuses. Stockholders supported the compensation program with a 96% favorable say‑on‑pay vote in 2025.
Casella Waste Systems Inc ownership disclosure: The Vanguard Group amended its Schedule 13G to report 0 shares of Common Stock and 0% beneficial ownership as shown in the filing. The amendment explains an internal realignment that disaggregated certain Vanguard subsidiaries' holdings.
The filing is signed by Ashley Grim as Head of Global Fund Administration and notes the internal reorganization referenced to SEC Release No. 34-39538.