Smith Douglas Homes Q2 FY26 EPS drops to $0.03; revenue rises 22% to $273 million - SDHC News | RalliesSmith Douglas Homes Q2 FY26 EPS drops to $0.03; revenue rises 22% to $273 million
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SDHC• Quarterly results
- Smith Douglas Homes posted Q2 results with earnings of $0.03 per diluted share, down from $0.26 a year earlier.
- Pretax income fell to $1.9 million, including $7.6 million of real estate inventory impairment and lot option abandonment charges.
- Revenue rose 22% to $273 million, while home closing gross margin narrowed 5.6 percentage points to 17.6%.
Order and backlog trends
- Net new orders climbed 32% to 970.
- Backlog increased 17% to 1,000 homes.
Operating and balance sheet updates
- Active communities increased 20% to 110.
- Debt-to-book capitalization rose to 13.2% from 9% at Dec. 31, 2025.
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