Business
SERVICE CORPORATION INTERNATIONAL ANNOUNCES FIRST QUARTER 2026 FINANCIAL RESULTS AND CONFIRMS 2026 GUIDANCE
Service Corporation International (NYSE: SCI), the largest provider of deathcare products and services in North America, today reported results for the first quarter of 2026.
About this update from Service Corporation International
[{"type":"text","content":"Conference call on Thursday, April 30, 2026, at 8:00 a.m. Central Time.","length":76,"tagName":"p"},{"type":"text","content":"HOUSTON, April 29, 2026 /PRNewswire/ -- Service Corporation International (NYSE: SCI), the largest provider of deathcare products and services in North America, today reported results for the first quarter of 2026.","length":214,"tagName":"p"},{"type":"text","content":"First Quarter Highlights:","length":25,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue grew $22.3 million, or 2%, over the first quarter of 2025","length":70,"tagName":"p"}]},{"val":[{"type":"text","content":"Comparable cemetery preneed sales production increased 10% in the current quarter","length":81,"tagName":"p"}]},{"val":[{"type":"text","content":"Comparable total funeral sales average grew 3% over the first quarter of 2025","length":77,"tagName":"p"}]},{"val":[{"type":"text","content":"Comparable funeral preneed sales production increased 6% in the current quarter","length":79,"tagName":"p"}]},{"val":[{"type":"text","content":"GAAP earnings per share was $0.97 compared to $0.98 in the first quarter of 2025","length":80,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted earnings per share was $0.97 compared to $0.96 in the first quarter of 2025","length":84,"tagName":"p"}]},{"val":[{"type":"text","content":"Net cash provided by operating activities increased $22.7 million, or 7% to $333.8 million in the current quarter compared to $311.1 million in the prior year quarter","length":181,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted cash provided by operating activities increased $18.5 million, or 6%, to $334.5 million in the current quarter compared to $316.0 million in the prior year","length":169,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":821,"olType":false},{"type":"text","content":"Tom Ryan, the Company's Chairman and CEO, commented on the first quarter performance:","length":89,"tagName":"p"},{"type":"text","content":""Today, we reported adjusted earnings per share of $0.97 and net cash provided by operating activities of $333.8 million. Comparable funeral service volumes declined 6% year-over-year, reflecting the impact of a particularly strong prior year flu season and aligning with broader demographic trends. Despite ...