Quarterly ResultAug 7, 2026, 04:09 PM
Beazer Homes Q3 Net Loss $(4.2M); Revenue $516.3M; Refinances Debt
AI Summary
Beazer Homes USA, Inc. reported a net loss of $(4.2) million for the three months ended June 30, 2026, compared to a net loss of $(0.3) million in the prior year. Total revenue for the quarter decreased to $516.3 million from $545.4 million. For the nine months, the company posted a net loss of $(37.7) million. During the period, Beazer Homes issued $400.0 million in new senior notes and redeemed $357.3 million of existing notes, incurring a $0.7 million loss on extinguishment. The company also increased its revolving credit facility capacity to $525.0 million and repurchased $21.0 million of common stock.
Key Highlights
- Q3 2026 net loss was $(4.2) million, compared to $(0.3) million in Q3 2025.
- Q3 2026 total revenue decreased to $516.3 million from $545.4 million YoY.
- Nine-month net loss was $(37.7) million, compared to $15.6 million net income YoY.
- Issued $400.0 million 8.000% Senior Notes due 2032 in June 2026.
- Redeemed $357.3 million 5.875% Senior Notes due 2027.
- Increased revolving credit facility capacity to $525.0 million.
- Repurchased 1.0 million shares for $21.0 million in Q3 2026.
- Total inventory increased to $2.37 billion from $2.03 billion since Sept 2025.
Price Impact
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