PulteGroup Q3 profit falls: EPS $2.96 vs $3.35 as home sale revenue dips 2%
PulteGroup reported third-quarter 2025 results with diluted earnings of $2.96 per share, down from $3.35 a year earlier, and net income of $586 million, down from $698 million. Lower closings and a lower home sale gross margin drove the decline, and the company repurchased $300 million of its shares during the quarter.
Key points
- Diluted EPS was $2.96 versus $3.35 a year earlier; net income was $586 million versus $698 million.
- Home sale revenues were $4.2 billion, down 2%, as closings fell 5% to 7,529 homes.
- Home sale gross margin was 26.2%, compared with 28.8% in the third quarter of 2024.
- Net new orders fell 6% to 6,638 homes; the company repurchased $300 million of common shares and ended the quarter with $1.5 billion of cash.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:10 AM ET, from the text of the filing and its press-release exhibits 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 October 21, 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.