M/I Homes Q4 net income falls to $64 million; EPS $2.39 vs. $4.71 a year earlier
M/I Homes reported fourth-quarter and full-year 2025 results, with revenue and profit both lower than in 2024. Fourth-quarter net income fell to $64 million ($2.39 per diluted share) from $134 million ($4.71), and results included $51 million in inventory and warranty charges. For shareholders, the filing shows lower earnings per share for both periods, with the company also reporting $202 million in stock repurchases for 2025.
Key points
- Q4 2025 revenue declined 5% to $1.1 billion; homes delivered fell 4% to 2,301
- Q4 2025 net income was $64 million ($2.39 per diluted share), versus $134 million ($4.71) in Q4 2024; $3.91 excluding charges
- Full-year 2025 net income was $403 million ($14.74 per diluted share), versus $19.71 in 2024; revenue declined 2% to $4.4 billion
- Company repurchased $202 million of stock in 2025 and reported record shareholders' equity of $3.2 billion
The filing
Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 28, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.