AI-extracted from the 10-Q filed 2026-07-30 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Service Corp International reported Q2 revenue of $1.1B (+3.6% YoY) with net income of $124.8M ($0.90 diluted EPS), driven by 4.8% cemetery revenue growth partially offset by funeral volume declines.
Biggest Revenue Drivers
Cemetery$498.5M+5.1% YoY
Comparable core revenue increased $14.4M from recognized preneed property and merchandise/service revenue; other revenue up $8.4M from higher endowment care trust fund income.
Funeral$604.8M+2.3% YoY
Comparable average revenue per service grew 3.3% driven by enhanced product/service offerings and trust fund income; offset by 1.4% decline in services performed as cremation rate increased to 64.8%.
Biggest Revenue Drivers
Total revenue: $1,103.3M+3.6% YoY
Cemetery$498.5M+5.1% YoY
Comparable core revenue increased $14.4M from recognized preneed property and merchandise/service revenue; other revenue up $8.4M from higher endowment care trust fund income.
Funeral$604.8M+2.3% YoY
Comparable average revenue per service grew 3.3% driven by enhanced product/service offerings and trust fund income; offset by 1.4% decline in services performed as cremation rate increased to 64.8%.
Largest Expense Items
Cost of property and merchandise$284.1M+3.0% YoY
Increased with higher sales volume and property costs.
Cost of service$256.8M+4.7% YoY
Increased from higher service delivery costs and staffing.
Overhead and other expenses$288.9M+5.8% YoY
Higher selling compensation on increased preneed production and normal fixed-cost increases.
Watch Items from the Filing
Funeral services performed declined 1.4% YoY despite 3.3% average revenue growth; cremation rate at 64.8% reduces per-service revenue versus traditional burials.
Unclaimed property audits from ~40 states regarding preneed trust funds; 19 states resolved, remainder in audit; company unable to reasonably estimate total possible loss given varying state laws.
$17.6B preneed backlog (fair value) provides revenue stability; trust investments returned 7.0% H1 2026 vs S&P 500 +10.2%, with $465.3M unfunded private equity commitments.
Cemetery preneed sales production up 8.0% YoY to $400.1M; deferred to backlog representing future margin accretion; property development and merchandise mix favorable.
Debt leverage ratio 3.77x (well below 5.0x covenant max); $1.38B borrowing capacity available; adequate liquidity for operations and $567.5M remaining share repurchase authorization.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
24 transactions in SCI reported by 5 members of Congress under the STOCK Act, most recent trade Aug 25, 2026. Reported transactions, not recommendations.
About SERVICE CORP INTERNATIONAL (SCI): stock profile, AI score and financials
SERVICE CORP INTERNATIONAL (SCI) stock profile, AI quality score, and SEC EDGAR financial data, a Consumer Discretionary sector company. 13F Pro's AI-powered ranking engine scores SCI at 59.7/100 on a composite quality score built from its SEC filings, placing it at rank #912 of 2,925 stocks — the top half of the AI-ranked universe. SCI scores in the top quartile across revenue scale (76.0). Areas of concern include revenue growth (34.1), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), SERVICE CORP INTERNATIONAL reports quarterly revenue of $1.1B, net income of $124.8M, an operating margin of 21.0%. Top institutional holders of SCI by reported 13-F value include BlackRock, FMR, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. SCI trades on the NYSE exchange and files with the SEC under CIK 89089. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate SCI daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for SERVICE CORP INTERNATIONAL directly from SEC EDGAR.