Quarterly ResultApr 30, 2026, 04:58 PM
BZH Q2 Revenue Down 27.5% to $409.8M; Net Loss $(0.9)M
AI Summary
Beazer Homes USA, Inc. reported a net loss of $(0.9) million for the three months ended March 31, 2026, a significant decline from a net income of $12.8 million in the prior year. Total revenue decreased by 27.5% to $409.8 million. For the six months, the company posted a net loss of $(33.5) million on a 25.2% revenue decrease to $773.3 million. The company also amended its revolving credit facility, increasing capacity to $525.0 million, and repurchased $45.1 million of common stock during the six-month period.
Key Highlights
- Q2 2026 net loss of $(0.9)M, down from $12.8M net income in Q2 2025.
- Q2 2026 total revenue decreased 27.5% to $409.8M from $565.3M YoY.
- H1 2026 net loss of $(33.5)M, down from $15.9M net income in H1 2025.
- H1 2026 total revenue decreased 25.2% to $773.3M from $1,034.3M YoY.
- Amended credit facility, increasing borrowing capacity to $525.0M from $365.0M.
- Repurchased 1.9M shares for $45.1M in H1 2026; $42.3M remaining.
- Net cash used in operating activities increased to $(228.8)M in H1 2026.
- Inventory increased by $223.4M to $2,252.9M since Sep 30, 2025.