Quarterly ResultApr 30, 2026, 04:33 PM
SDHC Q1 Revenue $206.4M, -8.1%; EPS $0.06, -80%
AI Summary
Smith Douglas Homes Corp. reported a decline in Q1 2026 financial results, with home closing revenue decreasing to $206.4 million and net income attributable to the company falling to $0.6 million. Despite the revenue and profit decline, the company saw an improvement in cash flow from operating activities, moving from a significant outflow in the prior year to a positive inflow. The company also engaged in share repurchases during the quarter.
Key Highlights
- Home closing revenue decreased 8.1% to $206.4 million in Q1 2026 from $224.7 million in Q1 2025.
- Net income attributable to SDHC dropped 78.9% to $0.6 million in Q1 2026 from $2.7 million in Q1 2025.
- Basic EPS declined 80% to $0.06 in Q1 2026 from $0.30 in Q1 2025.
- Home closing gross profit decreased 24.4% to $40.5 million in Q1 2026 from $53.5 million in Q1 2025.
- Net cash provided by operating activities improved to $0.3 million in Q1 2026 from $(34.9) million in Q1 2025.
- Cash and cash equivalents increased to $28.0 million as of March 31, 2026, from $12.7 million at December 31, 2025.
- The company repurchased $5.7 million in treasury stock during Q1 2026.
- Total liabilities increased to $164.3 million as of March 31, 2026, from $113.5 million at December 31, 2025.
Price Impact
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