Suncoke Energy | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 475.3 M
I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2026 Q2, the actual value is USD 475.3 M, beating the estimate of USD 446.85 M.
EPS: As of FY2026 Q2, the actual value is USD 0.15, beating the estimate of USD 0.075.
EBIT: As of FY2026 Q2, the actual value is USD 29 M.
Financial and Operational Metrics
Consolidated Financial Highlights (Three Months Ended June 30, 2026 vs. 2025)
- Net Income Attributable to SunCoke Energy, Inc.: $13.1 million in Q2 2026, a significant increase from $1.9 million in the prior year period.
- Consolidated Net Income: $15.6 million in Q2 2026, up from $3.5 million year-over-year.
- Consolidated Adjusted EBITDA: $69.6 million in Q2 2026, compared to $43.6 million in the prior year period, an increase of $26.0 million.
- Consolidated Revenues: Increased by $41.2 million to $475.3 million in Q2 2026, up from $434.1 million in the same prior year period.
- Operating Income: $29.0 million, up from $9.8 million in the prior year.
- Total Costs and Operating Expenses: $446.3 million, an increase from $424.3 million in the prior year period.
Consolidated Financial Highlights (Six Months Ended June 30, 2026 vs. 2025)
- Net Income Attributable to SunCoke Energy, Inc.: $8.7 million for the six months ended June 30, 2026, down from $19.2 million in the prior year period.
- Consolidated Net Income: $12.2 million, compared to $22.9 million in the prior year period.
- Consolidated Adjusted EBITDA: $126.1 million, an increase from $103.4 million in the prior year period.
- Total Sales and Other Operating Revenue: $930.4 million, up from $870.1 million in the prior year period.
- Net Cash Provided by Operating Activities: $45.5 million for the six months ended June 30, 2026, slightly up from $43.3 million in the prior year.
- Capital Expenditures: -$32.9 million, compared to -$17.5 million in the prior year.
- Net Decrease in Cash and Cash Equivalents: -$46.0 million, compared to -$3.4 million in the prior year.
Segment Performance (Three Months Ended June 30, 2026 vs. 2025)
- Domestic Coke Revenues: Decreased to $367.5 million from $410.4 million.
- Domestic Coke Adjusted EBITDA: Increased to $42.5 million from $40.5 million.
- Domestic Coke Sales Volumes: Decreased to 878 thousand tons from 943 thousand tons.
- Domestic Coke Production Volumes: Decreased to 864 thousand tons from 947 thousand tons.
- Domestic Coke Adjusted EBITDA per ton: Increased to $48.41 from $42.95.
- Domestic Coke Capacity Utilization: Increased to 100% from 95%.
- Industrial Services Revenues: Significantly increased to $98.4 million from $15.1 million.
- Industrial Services Adjusted EBITDA: Significantly increased to $34.4 million from $7.7 million.
- Industrial Services Terminals Handling Volumes: Increased to 6,672 thousand tons from 4,746 thousand tons.
- Industrial Services Steel Customer Volumes Serviced: Reached 5,763 thousand tons.
- Corporate and Other Adjusted EBITDA: Reported an expense of -$7.3 million, compared to an expense of -$4.6 million in the prior year.
Liquidity and Cash Flow (Q2 2026)
- Liquidity: Approximately $207 million.
- Cash: $42.7 million.
- Net Cash Provided by Operating Activities: -$27.2 million.
- Net Revolver Borrowing / (Paydown): -$6.5 million.
- Capital Expenditures (CapEx): -$15.9 million.
- Dividends Paid: -$10.2 million.
- Total Debt: $660.5 million.
- Gross Leverage: 2.73x.
- Net Leverage: 2.55x.
- Available Revolver Capacity: $164.5 million.
Dividends
SunCoke Energy, Inc. declared a cash dividend of $0.12 per share, marking its 28th consecutive quarterly dividend, payable on September 2, 2026, to stockholders of record on August 17, 2026.
Outlook / Guidance
SunCoke Energy, Inc. has increased its full-year 2026 Consolidated Adjusted EBITDA guidance range to $250 million to $265 million and its Free Cash Flow guidance to $150 million to $160 million. The company expects consolidated net income to be between $23 million and $42 million, with domestic coke total sales projected at approximately 3.4 million tons. Capital expenditures are forecast to be between $90 million and $100 million, and operating cash flow is estimated at $240 million to $260 million.
