Suncrete, Inc. filed its quarterly report on Form 10-Q with the U.S. Securities and Exchange Commission on August 14, 2026, covering the fiscal quarter ended June 30, 2026.

Key Highlights

  • Total assets nearly doubled: Total assets rose to $699,431 thousand at June 30, 2026, compared to $384,702 thousand at December 31, 2025, according to the filing.
  • Cash position increased: Cash and cash equivalents were $28,632 thousand at June 30, 2026, up from $6,333 thousand at December 31, 2025.
  • Accounts receivable more than doubled: Accounts receivable, net, were $69,361 thousand at June 30, 2026, compared to $33,699 thousand at December 31, 2025.
  • Goodwill expanded: Goodwill increased to $152,983 thousand from $79,505 thousand at December 31, 2025, reflecting acquisition activity during the period.
  • Share count increased significantly: Class A common stock shares outstanding were 49,339,225 as of August 10, 2026, up from 11,023,435 at December 31, 2025.
  • Mezzanine equity redeemed: Redeemable senior preferred units and redeemable preferred units, which carried redemption values of $26,590 thousand and $130,623 thousand at December 31, 2025, respectively, were reduced to zero by June 30, 2026.
  • Long-term debt: Long-term debt, net, stood at $201,103 thousand at June 30, 2026, compared to $186,625 thousand at December 31, 2025.

Suncrete Balance Sheet Shows Significant Growth Amid Acquisitions

Suncrete, Inc. (NASDAQ:RMIX), a Delaware-incorporated company headquartered in Tulsa, Oklahoma, filed its condensed consolidated financial statements for the quarter ended June 30, 2026. The filing reflects material changes across the balance sheet compared to year-end 2025, which the company attributes in part to its ongoing acquisition strategy. Total current assets grew to $137,752 thousand from $53,802 thousand, driven by increases in cash, accounts receivable, inventory, and other current assets.

Property, plant and equipment, net, rose to $254,280 thousand from $152,837 thousand at December 31, 2025, with gross cost increasing to $281,422 thousand from $168,767 thousand. Goodwill and intangible assets also expanded materially: customer relationships, net, stood at $84,910 thousand versus $71,373 thousand, and trade name increased to $46,874 thousand from $24,800 thousand. The filing identifies the company as an emerging growth company and a non-accelerated filer. Class B common stock shares outstanding were 24,146,609 as of August 10, 2026, according to the cover page disclosure.

On the liabilities side, accounts payable increased to $35,331 thousand from $12,558 thousand, and accrued liabilities grew to $43,547 thousand from $27,080 thousand. The filing also notes the emergence of deferred income taxes of $21,785 thousand and other long-term liabilities of $6,650 thousand, both of which were zero at December 31, 2025. The filing contains forward-looking statements that the company states "are subject to risks, uncertainties and other factors that are difficult to predict," and those statements are subject to the cautionary language contained in the report.

What Was Disclosed

Suncrete, Inc. disclosed its unaudited condensed consolidated balance sheet for June 30, 2026, showing substantial growth in assets, goodwill, and share count, alongside the elimination of previously outstanding redeemable mezzanine equity units, for the fiscal quarter ended June 30, 2026.