Quarter ended March 31, 2026 (fiscal Q2). Beazer Homes was acquired by Dream Finders Homes in October 2026, so this is the last quarter we cover separately.
| Closings | 757 (↓29.8%) |
| Revenue | $409.8M (↓27.5%) |
| Gross margin | 12.0% |
| Orders | 1,048 (↓4.6%) |
From the call
“Digging a little deeper into the quarter, we were able to drive to-be-built sales higher, to 43% of gross sales, the highest level since 2024.”
Beazer was moving to to-be-built homes to rebuild margin, but high debt left little time. Six months later it was sold. Balance sheet strength decides who finishes a turnaround.
Source: Beazer Homes 8-K and earnings call.
