Filing Flows › Carriage Services (CSV) › Q3 2026
Carriage Services (CSV) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Carriage Services (CSV) reported revenue of $100M for the third quarter 2026 (Q3 2026), -2% from a year earlier and -3% from the quarter before. Operating margin was 19.3%, net earnings $8.9M (8.9% of revenue).
Carriage Services, Q3 2026: revenue $100M (-2% year over year), operating margin 19.3%, net earnings $8.9M, operating cash flow $24.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $100M | -3% | -2% |
| Gross profit | $31.3M | -11% | -14% |
| Operating profit | $19.4M | -19% | +11% |
| Net earnings | $8.9M | -28% | +35% |
| Operating cash flow | $24.7M | +228% | +0.2% |
| Free cash flow | $18.9M | — | +5% |
What changed
Revenue was $100.3M in Q3 2026, down 2% year over year and down 3% from the previous quarter. Service revenue was the largest line at 47% of revenue. Other revenue lost $2.9M year over year (down 29%), 117% of the total change.
Gross margin was 31.2%, down 4.1 points from Q3 2025. Operating profit was $19.4M, a 19.3% margin (up 2.3 points year over year). Operating expenses fell 37% while revenue fell 2%. Net earnings were $8.9M, up 35% year over year. The effective tax rate was 29.6%.
Operating cash flow was $24.7M (roughly flat year over year), 279% of net earnings. Non-cash charges added back $6.3M of depreciation and amortization and $1.7M of share-based compensation. Working capital and other items added $7.9M. After cash used for capital expenditures ($5.8M), free cash flow as the company reports it was $18.9M.
Questions
What was Carriage Services' revenue in the third quarter 2026?
Carriage Services (CSV) reported revenue of $100M for the third quarter 2026 (Q3 2026), -2% from a year earlier and -3% from the quarter before.
Was Carriage Services profitable in the third quarter 2026?
Operating profit was $19.4M (19.3% of revenue) and net earnings $8.9M.
Source: Carriage Services 10-Q on SEC EDGAR.