Suncrete Q1 2026 Results & 2026 Outlook: Revenue Grows 64%

Tulsa, OK, USA - Suncrete, Inc. (NASDAQ: RMIX), a ready-mix concrete logistics and distribution platform, has announced its financial results for the first quarter ended March 31, 2026. The company experienced significant top-line growth, reporting revenues of $61.8 million, a 64% increase compared to the $37.7 million reported in the same quarter last year.

Suncrete, which recently completed its public listing on Nasdaq, operates across Oklahoma, Arkansas, Texas, and Louisiana. The company highlighted its ongoing strategy of integrating high-quality local operators while maintaining a disciplined approach to accretive acquisitions. Management noted that infrastructure demand, alongside commercial and residential construction activity, remains a key driver for growth in the Sunbelt region.

Financial Highlights

• Revenue reached $61.8 million, up 64% year-over-year.
• Net loss for the quarter was $1.7 million, compared to net income of $1.1 million in Q1 2025.
• Adjusted EBITDA rose 25% to $10.2 million.
• Ready-mix concrete volume increased 58% year-over-year.

Acquisition and Outlook Updates

• The company completed the acquisitions of Hope Concrete and Nelson Bros, expanding its footprint in Texas and Louisiana.
• Suncrete introduced a 2026 revenue guidance range of $420 million to $480 million.
• Projected net income for 2026 is expected to range between $(4) million and $20 million.
• Management anticipates Adjusted EBITDA for 2026 to be between $68 million and $93 million.