Service Corporation International (SCI) Earnings: Q3 2026 Results
Last updated November 2026
Short answer
Service Corporation International reported revenue of $1.1 billion for Q3 2026, up 5% from a year earlier (Service Corporation International, Oct 28, 2026). Diluted EPS was $1.03, up 24% from $0.83. Funeral brought in $603 million, up 5%. Every figure is from Service Corporation International's release. Walnut is informational, not investment advice.
SCI Q3 2026 results
In one sentence
Service Corporation International reported revenue of $1.1 billion for Q3 2026, up 5% from a year earlier (Service Corporation International, Oct 28, 2026).
| Measure | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $1,107 million | $1,058 million | up 5% |
| Diluted EPS (GAAP) | $1.03 | $0.83 | up 24% |
| Diluted EPS (excluding special items) | $0.97 | $0.87 | up 11% |
| Net income | $141 million | $118 million | up 20% |
The quarter ended September 30, 2026 and Service Corporation International published the results on October 28, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Service Corporation International reports EPS two ways: GAAP, under the accounting rules every US filer follows, and excluding special items, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.
- GAAP EPS was above adjusted EPS this quarter because of $11.2 million of pre-tax net gains on non-strategic divestitures of excess land, which SCI excludes as a special item.
- Comparable (same store) figures cover businesses SCI owned for the whole period from January 1, 2025 to September 30, 2026.
Source: Service Corporation International Q3 2026 results, October 28, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.
SCI revenue by segment
How Service Corporation International splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.
| Revenue by segment | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Funeral | $603 million | $574 million | up 5% |
| Cemetery | $505 million | $484 million | up 4% |
- Service Corporation International's Funeral revenue was $603 million in Q3 2026, up 5% from $574 million in Q3 2025, 54% of total revenue.
- Service Corporation International's Cemetery revenue was $505 million in Q3 2026, up 4% from $484 million in Q3 2025, 46% of total revenue.
Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.
Service Corporation International's outlook for Q4 and full year 2026
From the earnings release
In its Q3 2026 release, Service Corporation International said:
“We expect fourth quarter 2026 adjusted earnings per share of $1.10 to $1.20. Full year adjusted earnings per share are now expected to be $3.94 to $4.04.”
“While we expect year-over-year revenue growth, this outlook reflects lower funeral volumes than we originally anticipated, coupled with the continued impact of higher healthcare costs, as well as higher selling compensation and advertising and marketing expenditures supporting our growth in preneed sales production.”
“We are maintaining our full-year adjusted operating cash flow guidance, with a midpoint of $1,085 million, as well as our maintenance capital expenditure outlook of $335 million, resulting in expected adjusted free cash flow of approximately $750 million.”
Source: SCI Q3 2026 release, Oct 28, 2026.
This is the company's own guidance as of Oct 28, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the SCI forecast page.
SCI recent quarters
Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.
| Quarter | Revenue | Diluted EPS | Reported |
|---|---|---|---|
ended Sep 30, 2026 | $1,107 million | $1.03 | Oct 28, 2026 |
Q2 2026 ended Jun 30, 2026 | $1,103 million | $0.90 | Jul 29, 2026 |
Q1 2026 ended Mar 31, 2026 | $1,097 million | $0.97 | Apr 29, 2026 |
Q4 2025 ended Dec 31, 2025 | $1,112 million | $1.13 | Feb 11, 2026 |
Q3 2025 ended Sep 30, 2025 | $1,058 million | $0.83 | Oct 29, 2025 |
GAAP revenue and diluted EPS, each as first reported in that quarter's release.
When does SCI report earnings next?
We do not hold a confirmed date for Service Corporation International's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.
Past Service Corporation International quarterly reports
Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.
- Q3 2026 (this page), reported Oct 28, 2026
What Service Corporation International's revenue is made of
Service Corporation International reports two segments. In Q3 2026 funeral revenue was $602.6 million and cemetery revenue $504.6 million, for consolidated revenue of $1,107.3 million, up $49.2 million, or 5%, from $1,058.1 million. At September 30, 2026 SCI owned and operated 1,491 funeral service locations and 506 cemeteries, 317 of them combination locations, under brands including Dignity Memorial. (SCI Q3 2026 release, Oct 28, 2026)
Funeral locations sell professional services for funerals and cremations plus merchandise such as caskets and urns; cemeteries sell interment rights (lots, lawn crypts, mausoleum spaces, cremation niches) and markers and other merchandise. SCI sells both at the time of need (atneed) and in advance (preneed). (SCI Form 10-K, 2025, Feb 12, 2026)
Comparable funeral revenue rose 3.3% to $588.2 million. Core funeral revenue grew 2.3% because core average revenue per service rose 2.8% while core services performed fell 0.5%. Total comparable funeral services were 83,638, against 83,686, and the core cremation rate rose 60 basis points to 58.2%. (SCI Q3 2026 release, Oct 28, 2026)
Comparable cemetery revenue rose 4.0% to $503.4 million. Recognized preneed revenue was up $13.6 million, including higher trust fund income, and other revenue, mostly endowment care trust fund income, was up 19.7%. Recognized preneed property revenue grew 1.2% while preneed property sales production grew 4.2%, which SCI says pressures near-term cemetery margins and adds to the backlog. (SCI Q3 2026 release, Oct 28, 2026)
SCI's backlog of future revenue from trust and insurance-funded preneed sales was $17.7 billion at September 30, 2026: $5.31 billion for cemetery contracts and $12.41 billion for funeral contracts. (SCI Form 10-Q, Q3 2026, Oct 29, 2026)
What Service Corporation International's EPS includes
Service Corporation International's GAAP diluted EPS of $1.03 was higher than its EPS excluding special items of $0.97 in Q3 2026. SCI removed $11.2 million of pre-tax net gains on divestitures and impairment charges ($0.08 per share), mostly from selling excess land, and the related tax effect ($0.02). (SCI Q3 2026 release, Oct 28, 2026)
SCI said higher operating income and a lower share count drove the 11% rise in adjusted EPS. Diluted weighted average shares were 137.2 million, against 141.4 million, and SCI repurchased 4,009,333 shares for $317.6 million in the first nine months of 2026. Corporate general and administrative expenses fell to $30.6 million from $38.3 million on lower long-term incentive compensation and a favorable legal settlement. (SCI Q3 2026 release, Oct 28, 2026; SCI Form 10-Q, Q3 2026, Oct 29, 2026)
The GAAP effective tax rate was 25.1%, down from 26.9%; the adjusted rate was 25.3%, up from 24.1%, which SCI attributed to lower non-taxable gains in the cash surrender value of life insurance policies. (SCI Q3 2026 release, Oct 28, 2026)
Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.
Consensus and guidance at Service Corporation International
Service Corporation International gives an adjusted EPS outlook and a cash flow outlook in its release. After Q3 2026 it guided Q4 adjusted EPS of $1.10 to $1.20 and full-year adjusted EPS of $3.94 to $4.04, citing lower funeral volumes than it had expected, higher healthcare costs and higher selling and marketing costs. (SCI Q3 2026 release, Oct 28, 2026)
SCI kept its full-year adjusted operating cash flow range of $1,055 to $1,115 million, with a $1,085 million midpoint, and its $335 million maintenance capital expenditure outlook, for expected adjusted free cash flow of about $750 million. (SCI Q3 2026 release, Oct 28, 2026)
A consensus figure is the average of the models published by the analysts who cover Service Corporation International, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.
The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.
The numbers analysts watch at Service Corporation International
The figures below are the ones Service Corporation International's own release and filings put weight on for Q3 2026, with the latest reported value for each.
| Metric | Latest reported |
|---|---|
| Comparable funeral average revenue per service | $6,022, up 2.8% Core $6,835; non-funeral home $2,005 SCI Q3 2026 release, Oct 28, 2026 |
| Comparable funeral services performed | 83,638, down 0.1% Core services down 0.5% SCI Q3 2026 release, Oct 28, 2026 |
| Comparable funeral preneed sales production | $323.5 million, up 6.1% SCI Q3 2026 release, Oct 28, 2026 |
| Comparable cemetery preneed sales production | $369.2 million, up 4.8% Recognition rate 96.6%, against 97.6% SCI Q3 2026 release, Oct 28, 2026 |
| Preneed backlog | $17.7 billion $12.41 billion funeral; $5.31 billion cemetery SCI Form 10-Q, Q3 2026, Oct 29, 2026 |
| Core cremation rate | 58.2%, up 60 basis points SCI Q3 2026 release, Oct 28, 2026 |
What the quarter means for a holding is a separate question from what it reported. The case for and against owning SCI is on is SCI a buy or a sell?, what analysts expect next is on the SCI forecast, and what the company does is on the Service Corporation International (SCI) stock page.
How to check SCI's figures yourself
Every number on this page can be traced to a document Service Corporation International published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.
- The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
- The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
- The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
- Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.
A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.
Your questions about Service Corporation International
Ask Walnut's AI anything about SCI and see how it fits what you own.
FAQ
What was Service Corporation International's revenue last quarter?
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Service Corporation International reported revenue of $1,107 million for Q3 2026, the quarter ended September 30, 2026, against $1,058 million in Q3 2025 (up 5%). The figures come from Service Corporation International's results release of October 28, 2026.
What guidance did Service Corporation International give for Q4 and full year 2026?
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In its Q3 2026 release, Service Corporation International said: "We expect fourth quarter 2026 adjusted earnings per share of $1.10 to $1.20. Full year adjusted earnings per share are now expected to be $3.94 to $4.04. While we expect year-over-year revenue growth, this outlook reflects lower funeral volumes than we originally anticipated, coupled with the continued impact of higher healthcare costs, as well as higher selling compensation and advertising and marketing expenditures supporting our growth in preneed sales production. We are maintaining our full-year adjusted operating cash flow guidance, with a midpoint of $1,085 million, as well as our maintenance capital expenditure outlook of $335 million, resulting in expected adjusted free cash flow of approximately $750 million." That is the company's own outlook as of Oct 28, 2026, and companies revise outlooks as the quarter goes on.
When does SCI report earnings next?
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We do not hold a confirmed date for Service Corporation International's next report. Companies announce the date on their investor relations site a few weeks ahead, usually with the time of the call.
Where does Service Corporation International's revenue come from?
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Service Corporation International's Funeral revenue was $603 million in Q3 2026, up 5% from $574 million in Q3 2025, 54% of total revenue. Service Corporation International's Cemetery revenue was $505 million in Q3 2026, up 4% from $484 million in Q3 2025, 46% of total revenue. These are the lines of Service Corporation International's own "revenue by segment" table for Q3 2026.
How much did Service Corporation International's revenue grow last quarter?
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Up 5% on the year: $1,107 million in Q3 2026 against $1,058 million in Q3 2025. That is the year-over-year comparison, the same quarter a year apart, so seasonal patterns in Service Corporation International's business do not distort it.
What is the difference between Service Corporation International's GAAP and excluding special items EPS?
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GAAP EPS follows US accounting rules and is the figure in the audited statements. Service Corporation International's excluding special items EPS starts from it and removes items the company considers outside its operating results; the release lists each adjustment in a reconciliation table. For Q3 2026 the two were $1.03 and $0.97. Analysts' EPS estimates are usually built on the adjusted figure, so check which one a headline compares before you repeat it.
Where do the SCI numbers on this page come from?
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From Service Corporation International's own results release and its Form 10-Q for the quarter ended September 30, 2026, copied as printed, in millions of US dollars. Percent changes are worked out from those figures and rounded to a whole percent, which matches how the release states them. Nothing on this page is an estimate except the consensus, which is labelled with its source and date.
Walnut is informational, not investment advice. Reported figures are copied from Service Corporation International's results release and filings; consensus figures, where shown, are third-party estimates captured before the report. Verify figures against the source before relying on them.