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Suncrete Announces Q2 2026 Earnings Results

  • Suncrete, Inc. reported Q2 2026 revenues of $97.2 million, a 146% increase compared to $39.5 million in Q2 2025.
  • Total yards of ready-mix concrete produced and delivered increased 123% year-over-year in the second quarter.
  • Adjusted EBITDA for Q2 2026 reached $13.5 million, up from $7.0 million in the same period last year.
  • Supplemental Adjusted EBITDA for the quarter was $14.6 million, compared to $7.7 million in Q2 2025.
  • The company recorded a net loss of $37.1 million for Q2 2026, contrasting with a $325,000 net loss in Q2 2025.
  • Management maintained its 2026 outlook, projecting revenues between $420 million and $480 million.
  • The 2026 outlook includes an expected net loss range of $(31) million to $(7) million.
  • Projected Adjusted EBITDA for fiscal 2026 is between $68 million and $93 million.
  • The company acquired Hope Concrete to establish a platform in Texas and Louisiana, Nelson Bros. to strengthen North Texas, and ABC Block Company to expand into Arkansas, Louisiana, Missouri, and Mississippi.
  • Q2 2026 net loss included a $26.9 million non-cash charge related to the business combination.
  • Suncrete operates a logistics and distribution platform across the Sunbelt region, including Oklahoma, Arkansas, Texas, Louisiana, Mississippi, and Missouri.
  • The company plans to integrate recent acquisitions by implementing initiatives in purchasing, pricing, logistics, and operational execution.
  • A conference call to discuss Q2 2026 results was scheduled for August 14, 2026, at 10:00 a.m. Eastern Time.