Quarterly ResultMay 15, 2026, 08:47 AM
Suncrete Q1 Revenue +64% to $61.8M; Introduces 2026 Outlook
AI Summary
Suncrete, Inc. announced its Q1 2026 financial results, reporting a 64% year-over-year increase in revenue to $61.8 million. Despite the strong top-line growth, the company posted a net loss of $1.7 million, contrasting with a net income of $1.1 million in the prior year's quarter, while Adjusted EBITDA grew 25% to $10.2 million. Suncrete also provided its 2026 outlook, projecting revenue between $420 million and $480 million and Adjusted EBITDA between $68 million and $93 million. The company highlighted recent acquisitions in Texas and Louisiana and its public listing on Nasdaq.
Key Highlights
- Q1 2026 Revenue increased 64% to $61.8 million from $37.7 million in Q1 2025.
- Q1 2026 Net Loss was $1.7 million, compared to net income of $1.1 million in Q1 2025.
- Q1 2026 Adjusted EBITDA rose 25% to $10.2 million from $8.1 million in Q1 2025.
- Total yards of ready-mix concrete produced and delivered in Q1 increased 58% year-over-year.
- Company introduced 2026 Revenue Outlook in the range of $420 million to $480 million.
- 2026 Net Income (Loss) Outlook is projected between $(4) million and $20 million.
- 2026 Adjusted EBITDA Outlook is set between $68 million and $93 million.
- Completed acquisitions of Hope Concrete and Nelson Bros. post-quarter end, expanding into Texas and Louisiana.
Price Impact
More from RMIX