Quarterly ResultApr 29, 2026, 05:00 PM
SCI Q1 Revenue +2% to $1.09B; Adj EPS $0.97; Confirms 2026 Guidance
AI Summary
Service Corporation International (SCI) reported its first quarter 2026 financial results, with revenue increasing 2% to $1,096.5 million and adjusted diluted EPS rising to $0.97 from $0.96 in the prior year quarter. Net cash provided by operating activities grew 7% to $333.8 million. While comparable funeral service volumes declined 6%, the company saw strong performance in its cemetery segment, with preneed sales production up 10%. SCI also confirmed its full-year 2026 guidance for diluted EPS and adjusted operating cash flow.
Key Highlights
- Q1 2026 Revenue grew 2% to $1,096.5 million from $1,074.2 million in Q1 2025.
- Q1 2026 Adjusted diluted EPS was $0.97, up from $0.96 in Q1 2025.
- Q1 2026 Net cash provided by operating activities increased 7% to $333.8 million.
- Comparable cemetery preneed sales production increased 10% in the current quarter.
- Comparable funeral service volumes declined 6% year-over-year.
- Confirmed 2026 diluted EPS guidance (excluding special items) of $4.05 - $4.35.
- Confirmed 2026 adjusted operating cash flow guidance (excluding special items) of $1,005 - $1,065 million.