Smith Douglas Q2 Net Income $0.25M, EPS $0.03; Revenue +21.9%

Smith Douglas Homes Corp. reported mixed financial results for the second quarter and first half of 2026. While home closing revenue increased by 21.9% year-over-year to $273.03 million for the second quarter, net income attributable to the company plummeted by 89.6% to $0.25 million, resulting in basic earnings per share of $0.03. For the six months ended June 30, 2026, revenue rose to $479.47 million, but net income attributable to the company decreased significantly to $0.81 million. The company also repurchased $10.12 million in shares during the first half of the year.