Smith Douglas Homes Corp. reported second quarter 2026 financial results for the period ended June 30, 2026. Home closing revenue increased 22% to $273.0 million, and home closings rose 25% to 839 units compared to the prior year period. Net new home orders grew 32% to 970, while the backlog of homes increased 17% to 1,000. The company reported diluted earnings per share of $0.03, down from $0.26 in Q2 2025, primarily due to $7.6 million in real estate inventory impairment and lot option contract abandonment charges that reduced pretax income to $1.9 million. Home closing gross margin contracted to 17.6% from 23.2%. The company repurchased 312,351 shares for $4.4 million during the quarter. Smith Douglas Homes Corp. operates in the residential homebuilding industry, constructing and selling new homes primarily in the Southeastern and Southern United States.