Suncrete Q2 FY26 net loss widens to $37.1 million; revenue more than doubled to $97.2 million
Reuters2026/08/14 12:01- Suncrete posted Q2 revenue of $97.2 million, up 146% from Q2 2025, while GAAP net loss widened to $37.1 million.
- GAAP net loss attributable to common stockholders widened to $48.9 million, with basic and diluted loss per share of $0.72.
- Non-GAAP adjusted EBITDA rose to $13.5 million; non-GAAP supplemental adjusted EBITDA increased to $14.6 million.
- Ready-mix concrete yards produced and delivered climbed 123% from a year earlier, despite unusually wet weather across much of its footprint.
- 2026 guidance was maintained, including revenue of $420 million-$480 million; management highlighted acquisitions of Hope Concrete, Nelson Bros., and ABC Block Company.
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