Filing Flows › Carriage Services (CSV) › Q2 2026
Carriage Services (CSV) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Carriage Services (CSV) reported revenue of $103M for the second quarter 2026 (Q2 2026), +0.8% from a year earlier and -3% from the quarter before. Operating margin was 23.3%, net earnings $12.3M (11.9% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $103M | -3% | +0.8% |
| Gross profit | $35.0M | -9% | -2% |
| Operating profit | $24.0M | -5% | -0.2% |
| Net earnings | $12.3M | -9% | +5% |
| Operating cash flow | $7.6M | -49% | -7% |
| Free cash flow | $2.2M | — | -58% |
What changed
Revenue was $102.9M in Q2 2026, up 1% year over year and down 3% from the previous quarter. Service revenue was the largest line at 44% of revenue. Other revenue added $1.1M year over year (up 12%), 134% of the total change. Service revenue declined 2%.
Gross margin was 34.0%, down 1.1 points from Q2 2025. Operating profit was $24.0M, a 23.3% margin (down 0.2 points year over year). Operating profit fell $45K even though revenue rose $802K versus Q2 2025, so costs grew faster than sales. Operating expenses fell 7% while revenue rose 1%. Net earnings were $12.3M, up 5% year over year. The effective tax rate was 28.5%.
Operating cash flow was $7.6M (down 7% year over year), 62% of net earnings. Non-cash charges added back $7.1M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items used $13.7M. After cash used for capital expenditures ($5.3M), free cash flow as the company reports it was $2.2M.
Questions
What was Carriage Services' revenue in the second quarter 2026?
Carriage Services (CSV) reported revenue of $103M for the second quarter 2026 (Q2 2026), +0.8% from a year earlier and -3% from the quarter before.
Was Carriage Services profitable in the second quarter 2026?
Operating profit was $24.0M (23.3% of revenue) and net earnings $12.3M.
Source: Carriage Services 10-Q on SEC EDGAR.