Carriage Services, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the Securities and Exchange Commission on November 5, 2026, reporting third-quarter net income of $8.880 million and diluted earnings per share of $0.56.

Key Highlights

  • Total revenue: $100.256 million for the three months ended September 30, 2026, compared to $102.742 million in the same period of 2025.
  • Net income: $8.880 million for Q3 2026, up from $6.570 million in Q3 2025.
  • Diluted EPS: $0.56 for the third quarter of 2026, compared to $0.41 in Q3 2025.
  • Nine-month net income: $34.644 million for the nine months ended September 30, 2026, versus $39.235 million for the same period in 2025.
  • Total assets: $1.377 billion as of September 30, 2026, up from $1.346 billion at December 31, 2025.
  • Shares outstanding: 15,877,049 shares of common stock as of November 2, 2026.
  • Dividends declared: $0.1125 per common share for the third quarter of 2026, unchanged from Q3 2025.

Carriage Services Third-Quarter 2026 Financial Results and Balance Sheet Position

According to the filing, Carriage Services (NYSE:CSV) reported total revenue of $100.256 million for the three months ended September 30, 2026, a decrease from $102.742 million in the comparable prior-year quarter. Service revenue was $46.631 million and property and merchandise revenue was $46.617 million for the quarter. Total field costs and expenses were $69.005 million, resulting in gross profit of $31.251 million, compared to $36.243 million in Q3 2025. Operating income for the quarter was $19.399 million, up from $17.507 million in Q3 2025.

The filing disclosed interest expense of $6.737 million and a loss on extinguishment of debt of $579 thousand for the three-month period. Income before income taxes was $12.619 million, and total expense for income taxes was $3.739 million, yielding net income of $8.880 million. For the nine months ended September 30, 2026, total revenue was $309.325 million and net income was $34.644 million, with diluted earnings per share of $2.17. Net cash provided by operating activities for the nine-month period was $47.197 million, the company disclosed.

As of September 30, 2026, the registrant reported total assets of $1.377 billion and total liabilities of $1.089 billion, leaving total stockholders' equity of $288.353 million. Long-term debt stood at $516.204 million, down from $528.335 million at December 31, 2025. Goodwill was $437.054 million, an increase from $427.897 million at year-end 2025. The company reported 27,504,867 shares issued and 15,877,049 shares outstanding as of the balance sheet date, with 11,627,818 shares held as treasury stock.

What Was Disclosed

Carriage Services filed its quarterly report covering the period ended September 30, 2026, disclosing revenue, earnings, balance sheet data, and cash flow results for both the three- and nine-month periods, along with share count and dividend information.