SunCoke Energy (SXC) Q2 2026 earnings summary

Executive summary

• Q2 2026 consolidated adjusted EBITDA reached $69.6 million, up $26.0 million year-over-year, driven by the Phoenix acquisition and higher terminal handling volumes.

• Net income for Q2 2026 was $15.6 million, with diluted EPS of $0.15, both significantly higher year-over-year.

• Revenues rose to $475.3 million, up $41.2 million from Q2 2025, reflecting the Phoenix acquisition and higher terminal volumes.

• Declared a $0.12 per share dividend, marking the 28th consecutive quarterly payout.

• Middletown turbine resumed operations in May, restoring power generation and energy sales potential.

Financial highlights

• Q2 2026 net income attributable to shareholders was $13.1 million, up from $1.9 million year-over-year.

• Adjusted EBITDA for Q2 2026 was $69.6 million, up from $43.6 million in Q2 2025.

• Domestic Coke Adjusted EBITDA was $42.5 million on 878,000 tons sold; Industrial Services Adjusted EBITDA was $34.4 million, up from $7.7 million year-over-year.

• Operating income for Q2 2026 was $29.0 million, up from $9.8 million in Q2 2025.

• Cash and cash equivalents at June 30, 2026, were $42.7 million, with $164.5 million revolver availability.

Outlook and guidance

• Full-year 2026 consolidated adjusted EBITDA guidance raised to $250–$265 million.

• Domestic Coke Adjusted EBITDA guidance increased to $172–$178 million; Industrial Services to $110–$115 million.

• Operating cash flow guidance for 2026 is $240–$260 million; capital expenditures forecasted at $90–$100 million.

• Free cash flow guidance for 2026 increased to $150–$160 million.

• Management expects current resources to be sufficient for at least the next 12 months.