Quarterly ResultJul 22, 2026, 04:13 PM
PulteGroup Q2 Revenue $3.98B, EPS $2.48; $1.5B Buyback Increase
AI Summary
PulteGroup reported a decline in its second-quarter and six-month financial results for 2026 compared to the prior year. Total revenues, net income, and diluted EPS all decreased for both periods. Despite the financial downturn, the company demonstrated a commitment to shareholder returns by increasing its share repurchase authorization by an additional $1.5 billion and raising cash dividends declared for the six-month period.
Key Highlights
- Q2 2026 total revenues were $3.98 billion, down from $4.40 billion in Q2 2025.
- Q2 2026 net income was $472.0 million, a decrease from $608.5 million in Q2 2025.
- Q2 2026 diluted earnings per share was $2.48, down from $3.03 in Q2 2025.
- Six-month 2026 total revenues were $7.39 billion, down from $8.30 billion in 2025.
- Six-month 2026 net income was $819.0 million, a decrease from $1.13 billion in 2025.
- Six-month 2026 diluted EPS was $4.27, down from $5.60 in 2025.
- Share repurchase authorization increased by an additional $1.5 billion on April 22, 2026.
- Six-month 2026 cash dividends declared totaled $99.5 million, up from $88.7 million in 2025.
Price Impact
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