Every 8-K that Casella Waste Systems Inc (CWST) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow CWST and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CWST filings page.
Casella Waste Systems, Inc. reported Q2 2026 revenue of $543.7 million, up 16.9% year over year, driven by acquisitions, higher collection and disposal pricing, increased landfill volumes and Resource Solutions growth. Solid waste pricing rose 5.5%, including 5.8% collection and 4.7% disposal price increases.
GAAP net income for the quarter was $3.8 million versus $5.2 million a year earlier, while Adjusted Net Income increased to $25.3 million. Adjusted EBITDA grew 12.5% to $123.2 million, with a 22.7% margin, and year‑to‑date net cash from operating activities rose to $161.0 million. Adjusted Free Cash Flow for the first half reached $78.1 million.
The company closed five acquisitions in 2026 representing approximately $165 million of annualized revenues. For full‑year 2026, Casella now expects revenues between $2.090 billion and $2.110 billion, net income between $0 and $6 million, Adjusted EBITDA of $473–$483 million, operating cash flow of $370–$380 million, and Adjusted Free Cash Flow of $200–$210 million.
Casella Waste Systems, Inc. amended an earlier report to describe a formal employment agreement with its new Executive Vice President and Chief Operating Officer, Damian A. Ribar, whose employment and appointment became effective on July 20, 2026.
Under the agreement, Mr. Ribar will receive an annual base salary of $500,000 and is eligible for an annual cash bonus of up to 85% of base salary, plus potential equity awards in stock options, RSUs or PSUs as determined by the Compensation and Human Capital Committee. If his employment is terminated without cause or for good reason, he is entitled to cash severance equal to his highest base salary plus target annual cash incentive, payment of accrued salary, any determined but unpaid prior-year bonus, unused vacation, continued healthcare benefits for one year, and accelerated vesting of outstanding equity awards. The full employment agreement will be filed with the company’s Form 10-Q for the quarter ended June 30, 2026.
Casella Waste Systems appointed Damian A. Ribar as Executive Vice President and Chief Operating Officer, with his employment expected to begin on July 20, 2026. He brings extensive experience from senior roles at Waste Connections and other waste and services companies.
Under his offer letter, Ribar will receive a $500,000 annual base salary and be eligible for a cash bonus of up to 85% of salary. He is expected to receive annual equity awards consisting of $200,000 in restricted stock units and $600,000 in performance stock units, plus a one-time option to purchase 25,000 shares of Class A common stock, vesting over three years. He will also receive relocation reimbursement, subject to repayment if he leaves within two years, and up to 12 weeks of temporary housing.
Casella Waste Systems, Inc. reported the results of its 2026 Annual Meeting of Stockholders held on June 4, 2026. Stockholders elected four Class II directors—Michael L. Battles, Edmond R. Coletta, Joseph G. Doody and Emily Nagle Green—to terms ending at the 2029 annual meeting.
Stockholders also approved, on an advisory basis, the compensation of the company’s named executive officers and ratified the appointment of RSM US LLP as independent auditors for the fiscal year ending December 31, 2026. A total of 70,229,069 votes were represented in person or by proxy, constituting a quorum.
Casella Waste Systems, Inc. reported that on June 1, 2026 it closed the remarketing of $15.0 million aggregate principal amount of New York State Environmental Facilities Corporation Solid Waste Disposal Revenue Bonds, Series 2014R-2.
The tax-exempt bonds were originally issued under a 2014 Indenture and drawn down in 2016. They retain a final maturity of December 1, 2044 and were remarketed at a fixed interest rate of 4.300% per annum for an interest rate period ending June 1, 2036.
Bond proceeds were loaned to Casella to finance asset purchases for operations in New York and to pay issuance costs under a Loan Agreement. The bonds are guaranteed on a joint and several basis by substantially all subsidiaries under an Amended and Restated Guaranty, reaffirmed on June 1, 2026.
The company notes that failure to comply with covenants or tax-related representations in the Indenture, Loan Agreement or Tax Certificate could cause interest on the bonds to become taxable retroactively. If the bonds are declared taxable or the Loan Agreement is found invalid, the Indenture requires mandatory redemption at 100% of principal plus accrued interest.
Casella Waste Systems, Inc. announced the pricing of a remarketing of $15.0 million aggregate principal amount of New York State Environmental Facilities Corporation Solid Waste Disposal Revenue Bonds, Series 2014R-2. The bonds, originally issued under a 2014 indenture and drawn in 2016, have a final maturity on December 1, 2044.
The company expects the bonds to be remarketed on June 1, 2026 at a new fixed interest rate of 4.300% per annum for an interest period running from June 1, 2026 through June 1, 2036, with a mandatory tender on June 1, 2026 as the current rate period ends. The bonds are guaranteed by all or substantially all subsidiaries and are payable solely from amounts received from Casella and the guarantors, not from the general credit of the issuer or the State of New York.
The bonds are being offered only to qualified institutional buyers under Rule 144A and are not registered under the Securities Act, relying on applicable exemptions.
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 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. 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, Inc. reported that Sean Steves, its Senior Vice President and Chief Operating Officer of Solid Waste Operations, has decided to resign to pursue other opportunities outside the waste and recycling industry. His resignation is effective March 20, 2026, a date mutually agreed with the company. Casella has begun a process to identify the next Chief Operating Officer of Solid Waste Operations, indicating continuity planning for this key operational role. The company stated that Mr. Steves’ resignation was not due to any disagreement regarding its operations, policies, or practices.
Casella Waste Systems reported strong growth for the fourth quarter and fiscal year 2025. Quarterly revenue reached $469.1 million, up 9.7% from 2024, while full-year revenue rose 18.0% to $1.837 billion, driven by acquisitions and solid waste pricing gains.
Despite this, profitability on a GAAP basis softened. Net loss for the quarter was $(2.5) million versus income of $4.9 million a year earlier, and full-year net income fell to $7.9 million, down 41.9%, largely due to higher costs and depreciation and amortization tied to acquisitions.
Non-GAAP metrics were much stronger. Full-year Adjusted EBITDA increased 17.3% to $422.8 million, and Adjusted Free Cash Flow rose 13.6% to $179.9 million. For 2026, the company guides to revenue of $1.970–$1.990 billion, Adjusted EBITDA of $455–$465 million, and Adjusted Free Cash Flow of $195–$205 million.
Casella Waste Systems (CWST) reported that it issued a press release announcing financial results for the third quarter ended September 30, 2025. The release is furnished as Exhibit 99.1 under Item 2.02 of an 8-K dated October 30, 2025. The information in Item 2.02, including Exhibit 99.1, is furnished and not deemed filed under the Exchange Act.
Casella Waste Systems, Inc. closed the remarketing of $37.5 million of New York State Environmental Facilities Corporation solid waste disposal revenue bonds that were originally issued in 2020 and mature in 2050. The remarketed bonds now carry a fixed interest rate of 4.250% per year for a rate period ending September 2, 2030. On the same date, the company also redeemed $2.5 million principal amount of these bonds using cash on hand.
The remarketed bonds remain tax-exempt and are guaranteed by substantially all of the company’s subsidiaries under an amended and restated guaranty that has been reaffirmed. The filing explains that if the company breaches certain covenants or tax representations, interest on the remarketed bonds could become taxable and the bonds would be subject to mandatory redemption at 100% of principal plus accrued interest.
Casella Waste Systems, Inc. reported that it has priced the previously announced remarketing of $37.5 million aggregate principal amount of New York State Environmental Facilities Corporation Solid Waste Disposal Revenue Bonds, Series 2020R-1. These Bonds were originally issued in the aggregate principal amount of $40.0 million and have a final maturity of September 1, 2050.
The Company expects to redeem $2.5 million of the Bonds on September 2, 2025 using cash on hand, with the remaining $37.5 million to be remarketed on that date at a new interest rate of 4.250% per annum for a period ending September 2, 2030. The Bonds are guaranteed by substantially all subsidiaries, and are payable solely from amounts received from the Company and the guarantors, not from the general credit of the Issuer or the State of New York.
The remarketed Bonds will be offered only to qualified institutional buyers under Rule 144A, will not be registered under the Securities Act, and may only be sold pursuant to an exemption from registration. The Company cautions that completion of the redemption and remarketing is subject to market conditions, consents and other closing conditions, and may not occur as expected.
Casella Waste Systems, Inc. filed an Form 8-K reporting that planned remarketing or redemption of certain bonds may not be completed as expected. The company warns it cannot guarantee that the remarketing or redemption will occur, that bond proceeds will be available, or that proceeds will be applied as intended.
The filing identifies key risks that could prevent completion, including market conditions, the need to obtain all required consents, and satisfaction of other closing conditions. The company directs readers to its risk disclosures in filings for the fiscal year ended December 31, 2024 and states it undertakes no obligation to update forward-looking statements except as required by law.