Quarterly ResultApr 30, 2026, 10:36 AM
SXC Q1 Net Loss $4.4M; Adj. EBITDA $56.5M; Reaffirms FY26 Guidance
AI Summary
SunCoke Energy, Inc. reported a Q1 2026 net loss attributable to SXC of $4.4 million, or $(0.05) per diluted share, a decrease from $17.3 million income in the prior year. Consolidated Adjusted EBITDA was $56.5 million, down from $59.8 million, impacted by severe winter weather and a turbine failure in the Domestic Coke segment, partially offset by the Phoenix Global acquisition. The company generated strong operating cash flow of $72.7 million and reaffirmed its full-year 2026 Adjusted EBITDA guidance of $230 million to $250 million, while also declaring a quarterly cash dividend of $0.12 per share.
Key Highlights
- SXC Q1 2026 net loss attributable to SXC was $4.4M, or $(0.05) per diluted share, compared to income of $17.3M, or $0.20 per diluted share in Q1 2025.
- Consolidated Adjusted EBITDA for Q1 2026 was $56.5M, down from $59.8M in Q1 2025.
- Declared a quarterly cash dividend of $0.12 per share, payable on June 2, 2026.
- Generated strong Q1 2026 Operating Cash Flow of $72.7M.
- Domestic Coke Adjusted EBITDA decreased by $14.6M to $35.3M, with sales volumes down 56K tons to 842K tons.
- Industrial Services Adjusted EBITDA increased by $12.5M to $26.2M, driven by the Phoenix Global acquisition.
- Reaffirmed full-year 2026 Consolidated Adjusted EBITDA guidance range of $230M - $250M.