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.
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
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
From M/I Homes, Inc.'s 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2025
$4.42B
-1.9%
$14.74
-25.2%
9.1%
FY2024
$4.50B
+11.7%
$19.71
+21.6%
12.5%
FY2023
$4.03B
-2.4%
$16.21
-6.0%
11.5%
FY2022
$4.13B
+10.3%
$17.24
+29.8%
11.9%
FY2021
$3.75B
+23.0%
$13.28
+61.4%
10.6%
Frequently asked questions
When is M/I Homes's next earnings date?
M/I Homes has not announced a report date within the next three weeks. US companies usually report three to six weeks after each quarter ends; this page updates as soon as the date is on the calendar.
What did M/I Homes earn last quarter?
For the quarter ended Sep 2026, M/I Homes reported diluted EPS of $2.56 (-34.7% year over year) on revenue of $1.08B (-4.9%).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.