HighGravityDataClean Harbors — Jul 29, 2026 release
Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000822818-26-000031
Showing in the filing
Stock-based compensation
“48 to 51”
Period
FY2026
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 19
Cost synergies
“approximately $5 million”
Adjusted EBITDA growth (year over year) for Q3 FY2026
“24% to 28%”
Adjusted EBITDA for FY2026
“$1.35 billion to $1.41 billion”
Adjusted EBITDA midpoint for FY2026
“$1.38 billion”
Anticipated GAAP net income for FY2026
“$481 million to $531 million”
GAAP net income (basis for Adjusted EBITDA) for FY2026
“$481 million to $531 million”
Adjusted free cash flow midpoint for FY2026
“$550 million”
Anticipated net cash from operating activities for FY2026
“$890 million to $1,010 million”
Net cash from operating activities (basis fo… for FY2026
“$890 million to $1,010 million”
Accretion of environmental liabilities for FY2026
“16 to 15”
Stock-based compensation for FY2026
“48 to 51”
Depreciation and amortization for FY2026
“485 to 475”
Interest expense, net for FY2026
“151 to 146”
Provision for income taxes for FY2026
“169 to 192”
Projected Adjusted EBITDA for FY2026
“$1,350 to $1,410”
Additions to property, plant and equipment for FY2026
“(505) to (565)”
Cash investments in strategic growth projects for FY2026
“120 to 120”
Proceeds from sale and disposal of fixed ass… for FY2026
“15 to 15”
Projected adjusted free cash flow for FY2026
“$520 to $580”
Exhibit 99.1 · the passage around this item
… earlier in the release
An itemized reconciliation between reported GAAP net cash from operating activities and adjusted free cash flow is as follows (in thousands): Three Months Ended Six Months Ended June 30, 2026 June 30, 2025 June 30, 2026 June 30, 2025 Net cash from operating activities $ 239,173 $ 208,040 $ 245,470 $ 209,645 Additions to property, plant and equipment (126,195) (90,029) (224,638) (208,724) Cash investments in strategic growth projects 20,535 12,436 35,322 12,436 Proceeds from sale and disposal of fixed assets 2,172 2,720 3,694 4,063 Adjusted free cash flow $ 135,685 $ 133,167 $ 59,848 $ 17,420 Adjusted EBITDA Guidance Reconciliation An itemized reconciliation between projected GAAP net income and projected Adjusted EBITDA is as follows (in millions): For the Year Ending December 31, 2026 Projected GAAP net income $481 to $531 Adjustments: Accretion of environmental liabilities 16 to 15 Stock-based compensation 48 to 51 Depreciation and amortization 485 to 475 Interest expense, net 151 to 146 Provision for income taxes 169 to 192 Projected Adjusted EBITDA $1,350 to $1,410 Adjusted Free Cash Flow Guidance Reconciliation An itemized reconciliation between projected GAAP net cash from operating activities and projected adjusted free cash flow is as follows (in millions). The Company excludes significant strategic growth investments, Clean Harbors • 42 Longwater Drive • PO Box 9149 • Norwell, Massachusetts 02061-9149 • 800.282.0058 • www.cleanharbors.com which the Company expects to realize future long-term benefits from, as they are not indicative of free cash flow generation for the current period. For the Year Ending December 31, 2026 Projected net cash from operating activities $890 to $1,010 Additions to property, plant and equipment (505) to (565) Cash investments in strategic growth projects 120 to 120 Proceeds from sale and disposal of fixed assets 15 to 15 Projected adjusted free cash flow $520 to $580 Conference Call Information Clean Harbors will conduct a conference call for investors today at 9:00 a.m. (ET) to discuss the information contained in this press release. During the call, mana
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.