Tag: Q1 2026
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D.R. Horton (DHI) Q1 2026 Earnings Summary
D.R. Horton grew orders 11% and cut completed unsold homes 35%, while net earnings fell 20%…
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Lennar (LEN) Q1 2026 Earnings Summary
Lennar grew orders and backlog while margins fell to 15.2%, and lowered direct costs for the…
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PulteGroup (PHM) Q1 2026 Earnings Summary
PulteGroup kept a 24.4% gross margin despite 10.9% incentives and began shifting back toward a 60%…
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NVR (NVR) Q1 2026 Earnings Summary
NVR grew orders 7% and improved cancellations to 14%, but settlements fell 22% after a weak…
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Meritage Homes (MTH) Q1 2026 Earnings Summary
Meritage grew communities 19% and converted 254% of backlog, while gross margin fell 450 bps to…
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KB Home (KBH) Q1 2026 Earnings Summary
KB Home’s operating income fell 74%, but build times dropped to 108 days and direct costs…
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Taylor Morrison (TMHC) Q1 2026 Earnings Summary
Taylor Morrison’s revenue fell 27%, but finished specs dropped 30% and to-be-built orders rose to 38%…
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Toll Brothers (TOL) Q1 2026 Earnings Summary
Toll met or beat guidance on nearly every metric and grew pre-tax income 24%, with build-to-order…
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Century Communities (CCS) Q1 2026 Earnings Summary
Century cut cycle times 15% to 114 days and finished specs 31%, but orders fell 11.6%…
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M/I Homes (MHO) Q1 2026 Earnings Summary
M/I Homes held a 22% gross margin and an 8% cancellation rate, and now uses rate…