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AI brief of an SEC Form 8-K · M/I Homes (MHO)

M/I Homes Q3 net income falls to $67 million; revenue down 5%

Negative Impact 3 of 5 earnings

M/I Homes reported third-quarter 2026 results with revenue of $1.1 billion, down 5%, and net income of $67 million ($2.56 per diluted share), versus $107 million ($3.92 per diluted share) a year earlier. The company said market conditions were increasingly difficult, citing higher mortgage rates and weaker demand, while shareholders' equity reached a record $3.3 billion.

Key points

  • Q3 revenue declined 5% to $1.1 billion; homes delivered fell 2% to 2,241
  • Pre-tax income was $87 million, down 38%, including $5 million of inventory charges
  • Repurchased $50 million of common stock; book value per share rose to a record $130
  • Nine-month net income was $213 million ($8.14 per diluted share) versus $339 million ($12.32) in 2025

The filing

CompanyM/I Homes (MHO)
Form8-K, current report
Filed with the SECOct 21, 2026, 7:35 AM ET
Accession number0000799292-26-000030

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.

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.