Filing Flows › Carriage Services (CSV) › Q2 2026 › vs Q1 2026
Carriage Services (CSV) Q2 2026 vs Q1 2026 (quarter over quarter)
Carriage Services's revenue fell $3.2M (-3%) from $106M in Q1 2026 to $103M in Q2 2026. The biggest changes: Service revenue −$5.3M (-10%); Property and merchandise revenue +$1.3M (+3%); Other revenue +$889K (+10%). Gross margin 34.0% against 36.4% (-2.4 pts).
Carriage Services, Q2 2026: revenue $103M (+0.8% year over year), operating margin 23.3%, net earnings $12.3M, operating cash flow $7.6M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 34.0% | 36.4% | -2.4 pts |
| Operating margin | 23.3% | 23.8% | -0.6 pts |
| Net margin | 11.9% | 12.7% | -0.8 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Cemetery interment rights | $24.8M | $21.2M | $3.6M | +17% |
| Merchandise | $22.3M | $24.7M | −$2.3M | -9% |
| Property and merchandise revenue | $47.1M | $45.9M | $1.3M | +3% |
| Service revenue | $45.6M | $50.9M | −$5.3M | -10% |
| Other revenue | $10.2M | $9.3M | $889K | +10% |
| Revenue | $103M | $106M | −$3.2M | -3% |
| Gross profit | $35.0M | $38.6M | −$3.6M | -9% |
| Cost of revenue | $67.9M | $67.5M | $425K | +0.6% |
| Operating profit | $24.0M | $25.3M | −$1.3M | -5% |
| Operating expenses | $11.1M | $13.4M | −$2.3M | -17% |
| Pre-tax earnings | $17.2M | $18.4M | −$1.2M | -7% |
| Other expense, net | $6.8M | $6.9M | −$82K | -1% |
| General & admin | $11.0M | $13.1M | −$2.1M | -16% |
| Other operating costs | $90K | $278K | −$188K | -68% |
| Net earnings | $12.3M | $13.5M | −$1.2M | -9% |
| Income tax | $4.9M | $4.9M | −$22K | -0.4% |
| Operating cash sources | $21.3M | $21.5M | −$259K | -1% |
| Depreciation & amortization | $7.1M | $6.0M | $1.1M | +19% |
| Share-based compensation | $1.9M | $2.1M | −$166K | -8% |
| Working capital & other | $13.7M | $6.6M | $7.1M | +107% |
| Operating cash flow | $7.6M | $14.9M | −$7.3M | -49% |
Questions
How much did Carriage Services's revenue grow quarter over quarter in Q2 2026?
Carriage Services's revenue fell $3.2M (-3%) from $106M in Q1 2026 to $103M in Q2 2026.
What drove Carriage Services's revenue change in Q2 2026?
Service revenue −$5.3M (-10%); Property and merchandise revenue +$1.3M (+3%); Other revenue +$889K (+10%).