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EarningsQ2 2026 Earnings Report
SCI Q2 2026 EPS Results
Actual EPS$0.90
Consensus EPS$0.89
Beat/MissBeat by +$0.01
One Year Ago EPS$0.88
SCI Q2 2026 Revenue Results
Actual Revenue$1.10B
Expected Revenue$1.08B
Beat/MissBeat by +$20.35M
YoY Revenue Growth+3.55%
Earnings Announcement Details
QuarterQ2 2026
Date07/29/2026
TimeAfter Close
Conference CallWednesday, July 29, 2026
SCI Upcoming Earnings
Service International's next earnings date is estimated for November 4, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
SCI Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed multiple clear operational and financial positives: solid preneed sales momentum (especially Cemetery), materially stronger operating cash flow, a raised cash flow guidance midpoint, robust free cash flow growth, active capital returns, disciplined liquidity and M&A execution, and early benefits from sales strategy and digital/AI initiatives. Offsetting these positives were near-term margin pressures from accounting recognition of selling compensation tied to the shift in product and pay mix, lower Funeral case volumes earlier in the year, preneed recognition timing/backlog effects that depress near-term recognition rates, and some below-the-line/one-time tax and interest dynamics. Management indicated these headwinds are largely transitional and expects margin expansion and double-digit EPS growth in H2 2026, leading to a net positive outlook.Company Guidance
Earnings Per Share Improved Year-over-Year
GAAP EPS of $0.90 in Q2 2026 versus $0.88 in Q2 2025, a $0.02 increase driven by operating income improvements and lower share count.
Strong Preneed Sales Momentum — Cemetery
Comparable preneed cemetery sales production grew $29.7 million (+8%) in the quarter; comparable Cemetery revenue increased ~$23 million (+~5%) and cemetery gross profit rose $7 million (+4%) with margins roughly flat at ~33%.
Healthy Preneed Momentum — Funeral
Preneed Funeral sales production increased $20 million (~6.6%); comparable preneed funeral sales production grew ~7% and core preneed sales production grew 8.3%; core average revenue per service increased ~3.3%.
Substantial Cash Flow and Guidance Upside
Adjusted operating cash flow for the quarter was ~$239 million, up $71 million (≈+42% year-over-year). Management raised the full-year adjusted operating cash flow midpoint by $50 million to $1.085 billion.
Strong Free Cash Flow and Capital Returns
Adjusted free cash flow midpoint of $750 million for 2026 (≈+18% vs 2025's $637 million). Returned $172 million to shareholders in Q2 (≈$123M repurchases, ~$49M dividends) and >$360 million YTD.
Disciplined Balance Sheet and Liquidity
Ended the quarter with ~$1.6 billion of liquidity (≈$260M cash + ~ $1.4B available on credit facility) and net debt/EBITDA at ~3.77x (midpoint of 3.5x–4x target).
Targeted Capital Deployment and M&A Activity
Q2 capital invested ~$120 million (≈$80M maintenance, $25M growth, $15M acquisitions); acquisitions added locations in CA, GA and DE and YTD acquisition spend is ~$40M against a $75–125M full-year target.
Operational Improvements and Digital/AI Investment
Sales strategy centered on four pillars is showing traction (higher lead-to-sale rates, seminars, large sales) and early AI-enabled training tools are being deployed; digital/technology CapEx run rate noted at ~$20–25M annually.
SCI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed