Suncrete Q2 revenue rises 146% to $97.2 million; net loss widens to $37.1 million
Suncrete reported second-quarter 2026 revenue of $97.2 million, up 146% from $39.5 million a year earlier, driven by recent acquisitions. The net loss widened to $37.1 million from $325,000, mainly due to a $26.9 million non-cash charge tied to the business combination and $12.2 million in acquisition-related costs. The company kept its 2026 guidance, which calls for revenue of $420 million to $480 million and a net loss of $(31) million to $(7) million.
Key points
- Revenue was $97.2 million versus $39.5 million a year earlier; total yards delivered rose 123%.
- Net loss was $37.1 million versus $325,000, including a $26.9 million non-cash charge and $12.2 million in acquisition-related costs.
- Adjusted EBITDA was $13.5 million versus $7.0 million; Supplemental Adjusted EBITDA was $14.6 million versus $7.7 million.
- 2026 guidance was maintained: revenue of $420 million to $480 million and Adjusted EBITDA of $68 million to $93 million.
The filing
Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 14, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.