Skip to main content
Midas Edge

CARRIAGE SERVICES INC

For the period ended Dec 31, 2025. Filed Feb 26, 2026.

View on SEC.gov

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 26, 2026

CSV$28.63+6.8%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

0. Supplementary Da

  1. SUPPLEMENTARY DATA

Balance Sheets

The following table presents the detail of certain balance sheet accounts (in thousands):

December 31, 2025December 31, 2024
Prepaid and other current assets:
Prepaid expenses$3,528$3,987
Federal income tax receivable1,709—
State income tax receivable600—
Other current assets141136
Total prepaid and other current assets$5,978$4,123
Current portion of debt and lease obligations:
Acquisition debt$607$571
Finance lease obligations605533
Operating lease obligations3,0842,810
Total current portion of debt and lease obligations$4,296$3,914
Accrued and other liabilities:
Incentive compensation$11,020$12,860
Insurance2,8763,584
Unrecognized tax benefit3,6333,471
Vacation2,8082,803
Interest2,4902,288
Salaries and wages2,8534,867
Employee meetings and award trips1,3661,550
Income tax payable8208
Commissions1,2441,218
Perpetual care trust payable3572,143
Ad valorem taxes2,3782,314
Other accrued liabilities2,8891,300
Total accrued and other liabilities, including HFS$33,922$38,606
Less: Held for sale—(146)
Total accrued and other liabilities$33,922$38,460
Other long-term liabilities:
Incentive compensation$1,496$996
Deferred compensation358—
Other long-term liabilities—183
Total other long-term liabilities$1,854$1,179

Held for Sale

The table below presents the carrying amounts of the assets and liabilities included in held for sale (in thousands):

December 31, 2025December 31, 2024
Accounts receivable, net$—$833
Inventories—302
Current assets held for sale$—$1,135
Preneed cemetery trust investments$—$4,876
Preneed funeral trust investments—2,197
Preneed cemetery receivables, net—1,671
Property, plant, and equipment, net3224,898
Cemetery property, net—3,362
Intangible and other non-current assets, net—215
Cemetery perpetual care trust investments—2,234
Non-current assets held for sale$322$19,453
Accounts payable$—$94
Accrued and other liabilities—146
Current liabilities held for sale$—$240
Deferred preneed cemetery revenue$—$3,517
Deferred preneed funeral revenue—1,018
Deferred preneed cemetery receipts held in trust—4,876
Deferred preneed funeral receipts held in trust—2,197
Care trusts’ corpus—2,234
Long-term liabilities held for sale$—$13,842

Property, plant, and equipment

Property, plant, and equipment is comprised of the following (in thousands):

December 31, 2025December 31, 2024
Land$92,739$86,609
Buildings and improvements268,647265,231
Furniture, equipment, and vehicles71,83272,052
Property, plant, and equipment, at cost433,218423,892
Less: accumulated depreciation(146,086)(145,990)
Property, plant, and equipment, net including HFS287,132277,902
Less: Held for sale(322)(4,898)
Property, plant, and equipment, net$286,810$273,004

Cemetery property

Cemetery property is comprised of the following (in thousands):

December 31, 2025December 31, 2024
Cemetery property, at cost$194,549$185,518
Less: accumulated amortization(78,904)(72,580)
Cemetery property, net including HFS115,645112,938
Less: Held for sale—(3,362)
Cemetery property, net$115,645$109,576
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.