Smith Douglas Homes Q3 revenue flat at $262.5 million; EPS falls to $0.07
Smith Douglas Homes reported third quarter 2026 results on November 4, 2026. Home closing revenue was essentially flat at $262.5 million, but diluted earnings per share fell to $0.07 from $0.24 as gross margin dropped to 16.3% from 21.0%. Management said it expects market conditions to remain challenging in the near term.
Key points
- Home closing revenue rose 0.2% to $262.5 million, with home closings up 5% to 831.
- Diluted EPS was $0.07 versus $0.24; pretax income was $3.3 million versus $17.2 million.
- Home closing gross margin was 16.3% compared with 21.0% a year earlier.
- Debt-to-book capitalization was 18.8%, up from 9.0% at December 31, 2025.
The filing
Written by AI on Nov 9, 2026, 11:46 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 November 04, 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.