Service Corporation International filed its third-quarter 2026 earnings release on October 28, 2026, reporting a 24% increase in GAAP diluted earnings per share and a 5% rise in consolidated revenue compared to the third quarter of 2025.

Key Highlights

  • GAAP diluted EPS: $1.03 in Q3 2026, up 24% from $0.83 in Q3 2025, according to the filing.
  • Adjusted EPS: $0.97 in Q3 2026, up 11% from $0.87 in Q3 2025, excluding special items.
  • Revenue: $1,107.3 million for the three months ended September 30, 2026, compared to $1,058.1 million in the prior-year quarter, a gain of $49.2 million, or 5%.
  • Operating cash flow: Net cash provided by operating activities reached $296.8 million, an increase of $44.5 million, or 18%, over the prior-year quarter.
  • Preneed sales production: Comparable funeral preneed sales production increased 6% and comparable cemetery preneed sales production increased 5% in the current quarter.
  • Year-to-date capital return: The company reported returning $464 million to shareholders through dividends and share repurchases year to date.
  • Updated Q4 2026 outlook: Adjusted EPS is expected in the range of $1.10 to $1.20; full-year adjusted EPS guidance is now $3.94 to $4.04.

Service Corporation International Q3 2026 Financial Results and Outlook

Service Corporation International (NYSE:SCI) reported third-quarter 2026 results on October 28, 2026, with consolidated revenue of $1,107.3 million and operating income of $252.9 million for the three months ended September 30, 2026, compared to revenue of $1,058.1 million and operating income of $226.4 million in the same period of 2025, according to the filing. Net income attributable to common stockholders was $141.3 million in Q3 2026 versus $117.5 million in Q3 2025. Diluted weighted average shares outstanding declined to 137.2 million from 141.4 million in the prior-year quarter.

The filing noted that the current-year quarter was impacted by $11.2 million of net gains on non-strategic asset divestitures and impairment charges, compared to $0.4 million of net losses in the prior year. According to the company's disclosure, higher operating income and a lower share count drove the 11% growth in adjusted diluted earnings per share. Margins were described as "pressured by higher healthcare costs, higher selling compensation costs and increased advertising and marketing expenditures supporting our preneed sales growth." The company attributed a partial offset to higher trust fund income and lower corporate general and administrative expenses, primarily reflecting reduced long-term incentive compensation tied to total shareholder return.

Regarding the updated outlook, the filing disclosed that the fourth-quarter 2026 adjusted EPS expectation of $1.10 to $1.20 reflects "lower funeral volumes than we originally anticipated, coupled with the continued impact of higher healthcare costs." The company confirmed its full-year adjusted operating cash flow guidance with a midpoint of $1,085 million, maintenance capital expenditures of $335 million, and expected adjusted free cash flow of approximately $750 million. For the nine months ended September 30, 2026, revenue totaled $3,307.0 million and net income attributable to common stockholders was $401.9 million.

What Was Disclosed

Service Corporation International disclosed its Q3 2026 earnings results, including GAAP and adjusted per-share figures, revenue and cash flow comparisons to Q3 2025, preneed sales production trends, margin pressures from higher costs, and an updated full-year 2026 earnings and cash flow outlook.