Earnings ·
Tri Pointe Homes reports Q3 revenue of $706.8M and adjusted income before taxes of $56.8M
TPHTri Pointe Homes, Inc.
Tri Pointe Homes reported third-quarter 2026 home sales revenue of $706.8 million, down from $817.3 million in the prior-year period. The company delivered 1,084 new homes with an average sales price of $652,000. Homebuilding gross margin was 17.6%, including $21.1 million in inventory-related impairment charges; excluding these charges, adjusted gross margin was 20.6%. Net new home orders fell to 794 from 995 year-over-year. Income before income taxes was $35.6 million, or $56.8 million on an adjusted basis after adding back the impairments and immaterial transaction-related expenses. The company ended the quarter with a backlog of 1,204 homes valued at $871.2 million and total liquidity of approximately $1.1 billion. Tri Pointe Homes is one of the largest homebuilders in the U.S., operating in 13 states.