Earnings ·
Smith Douglas Homes reports Q3 diluted EPS of $0.07, down from $0.24
SDHCSmith Douglas Homes Corp.
Smith Douglas Homes Corp. announced third-quarter financial results for the period ended September 30, 2026. Diluted earnings per share fell to $0.07 from $0.24 in the prior-year quarter, while pretax income declined to $3.3 million from $17.2 million. Home closing revenue increased slightly by 0.2% to $262.5 million, and home closings rose 5% to 831 units. Net new orders grew 13% to 777, and the backlog expanded 25% to 947 homes. The company repurchased 28,370 shares for $0.3 million during the quarter. Smith Douglas Homes Corp. is a homebuilder focused on entry-level and empty-nest buyers in multiple U.S. metro areas.