v3.25.2
REVENUES (Tables)
6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following tables present the Company’s third-party revenue disaggregated by source of revenue and geography (in thousands):
Three Months Ended June 30, 2025
Environmental ServicesSafety-Kleen Sustainability SolutionsCorporateTotal
Primary Geographical Markets
United States$1,208,770 $194,110 $89 $1,402,969 
Canada121,289 25,596 — 146,885 
Total third-party revenues$1,330,059 $219,706 $89 $1,549,854 
Sources of Revenue
Technical Services$463,421 $— $— $463,421 
Industrial Services and Other
361,580 — 89 361,669 
Field and Emergency Response Services242,791 — — 242,791 
Safety-Kleen Environmental Services262,267 72,463 — 334,730 
Safety-Kleen Oil— 147,243 — 147,243 
Total third-party revenues$1,330,059 $219,706 $89 $1,549,854 
Three Months Ended June 30, 2024
Environmental ServicesSafety-Kleen Sustainability SolutionsCorporateTotal
Primary Geographical Markets
United States$1,175,328 $232,789 $99 $1,408,216 
Canada121,970 22,533 — 144,503 
Total third-party revenues$1,297,298 $255,322 $99 $1,552,719 
Sources of Revenue
Technical Services$443,668 $— $— $443,668 
Industrial Services and Other359,471 — 99 359,570 
Field and Emergency Response Services252,893 — — 252,893 
Safety-Kleen Environmental Services241,266 58,421 — 299,687 
Safety-Kleen Oil— 196,901 — 196,901 
Total third-party revenues$1,297,298 $255,322 $99 $1,552,719 
Six Months Ended June 30, 2025
Environmental ServicesSafety-Kleen Sustainability SolutionsCorporateTotal
Primary Geographical Markets
United States$2,325,037 $394,129 $186 $2,719,352 
Canada212,060 50,392 — 262,452 
Total third-party revenues$2,537,097 $444,521 $186 $2,981,804 
Sources of Revenue
Technical Services$889,626 $— $— $889,626 
Industrial Services and Other
683,938 — 186 684,124 
Field and Emergency Response Services458,493 — — 458,493 
Safety-Kleen Environmental Services505,040 137,364 — 642,404 
Safety-Kleen Oil— 307,157 — 307,157 
Total third-party revenues$2,537,097 $444,521 $186 $2,981,804 
Six Months Ended June 30, 2024
Environmental ServicesSafety-Kleen Sustainability SolutionsCorporateTotal
Primary Geographical Markets
United States$2,228,786 $426,701 $201 $2,655,688 
Canada229,791 43,935 — 273,726 
Total third-party revenues$2,458,577 $470,636 $201 $2,929,414 
Sources of Revenue
Technical Services$851,159 $— $— $851,159 
Industrial Services and Other718,868 — 201 719,069 
Field and Emergency Response Services416,362 — — 416,362 
Safety-Kleen Environmental Services472,188 111,442 — 583,630 
Safety-Kleen Oil— 359,194 — 359,194 
Total third-party revenues$2,458,577 $470,636 $201 $2,929,414 
Schedule of Contract Balances
(in thousands)June 30, 2025December 31, 2024
Receivables$1,117,714 $1,015,357 
Contract assets (unbilled receivables)177,910 162,215 
Contract liabilities (deferred revenue)87,792 88,545