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Suncrete Announces Q3 2026 Earnings Results

  • Suncrete, Inc. reported Q3 2026 revenue of $141.0 million, a 163% increase from Q3 2025 & a 45% increase from Q2 2026.
  • Net income for the quarter was $78 thousand, contrasting with a $37.1 million net loss in Q2 2026 & $4.6 million net income in Q3 2025.
  • Adjusted EBITDA reached $22.4 million in Q3 2026, up 66% from Q2 2026 & 64% from Q3 2025.
  • Supplemental Adjusted EBITDA totaled $23.3 million in Q3 2026, representing a 60% increase from Q2 2026.
  • Total ready-mix concrete yards delivered increased 32% compared to Q2 2026 & 125% compared to Q3 2025.
  • The company's 2026 full-year revenue outlook is revised to a range of $408.0 million to $434.0 million.
  • Projected 2026 net loss is estimated between $(48.7) million & $(44.7) million.
  • 2026 Adjusted EBITDA is forecasted in the range of $60.0 million to $64.0 million.
  • 2026 Supplemental Adjusted EBITDA is projected between $63.6 million & $67.6 million.
  • Management cited elevated interest rates & shifted project start dates into 2027 as factors impacting the residential construction sector.
  • Suncrete expects significant organic & acquisitive growth heading into 2027, supported by a strong acquisition pipeline.
  • The company holds $49.0 million in cash & cash equivalents as of September 30, 2026.
  • Total assets grew to $710.962 million from $384.702 million at the end of 2025.
  • Net cash used in investing activities for the first nine months of 2026 was $208.209 million, primarily driven by acquisitions.
  • Net cash provided by financing activities for the first nine months of 2026 was $259.091 million.
  • A conference call regarding these results was scheduled for November 13, 2026, at 10:00 a.m. Eastern Time.
Company
Suncrete, Inc.
Keywords
Suncrete, Inc.