NYSE$BZH

Beazer Homes USA Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Beazer Homes USA Inc reported Q3 2025 results with total revenue of $545.4 million and a net loss of $0.3 million.

Beazer Homes reported a net loss of $0.3 million on revenue of $545.4 million for the third quarter of fiscal 2025. Home closings declined 11% year-over-year to 1,035 while average selling price rose 2.4% to $517,300. The company continued share repurchases and maintained focus on its multi-year goals of deleveraging and book value growth amid a challenging sales environment.

  • Total revenue fell 8.4% year-over-year to $545.4 million due to lower closings.
  • Net loss of $0.3 million versus net income of $27.2 million in the prior-year quarter, impacted by $10.3 million in inventory impairments.
  • Homebuilding gross margin declined to 13.5% from 17.3% year-over-year.
  • Active community count rose 14.9% to 167 while sales pace fell to 1.7 orders per community per month.

Headline financials

Total Revenue

$545M

Previous: $596M-8.4%
EPS (adj)

-$0.01

Previous: $0.88-101.1%
Average selling price

$517K

Previous: $505K+2.4%
Active communities

167

Previous: 146+14.4%
Home closings

1.0K

Previous: 1.2K-11.3%
Capital Expenditures

-$21M

Previous: -$16.7M-26.0%
Net Income

-$324K

Previous: $27.2M-101.2%
Operating Income

-$3.71M

Previous: $28.5M-113.0%
Gross Profit

$72.6M

Previous: $103M-29.7%
Cash & Equivalents

$82.9M

No prior period
Total Assets

$2.71B

No prior period

Revenue & EPS history

Beazer Homes · Revenue · Quarterly

$545M

Q3 2025-8.4%vs Q3 2024
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

Beazer Homes · $545M total across 2 segments · Q3 2025

  • Homebuilding
    $535M
  • Land sales and other
    $9.98M

Forward guidance

Company reiterated multi-year goals of reducing net debt to net capitalization to low 30% range by end of fiscal 2027 and achieving double-digit compound annual growth in book value per share through fiscal 2027 while targeting more than 200 active communities.

Tailwinds

  • Strong balance sheet with ample liquidity
  • Continued expansion of lot option usage for capital efficiency

Headwinds

  • Elevated mortgage rates and weak consumer sentiment persist
  • Sales pace declined significantly year-over-year

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

-0.6%

Avg return

Earnings day

+0.0%

Avg return

5 days after

+3.1%

Avg return

30 days after

47%

30 / 64 earnings

Positive

+27.0%

Q2 2023

Best reaction

-20.0%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025
Q2 2026-3.9%-12.4%+17.0%
Q1 2026-10.9%+1.4%+5.7%
Q4 2025+1.7%-7.4%+5.5%
Q2 2025+8.6%+7.6%+5.1%
Q1 2025-20.0%-20.9%-19.5%
Q4 2024+8.0%+1.8%-4.2%
Q3 2024-15.1%-18.9%-7.1%
Q2 2024-3.6%+1.1%+2.5%
Q1 2024-6.1%-8.3%+1.5%
Q4 2023-10.9%-12.1%+3.0%
Q3 2023+26.6%+23.1%-1.6%
Q2 2023+27.0%+12.1%+24.1%
Q1 2023-7.1%-5.7%-6.5%
Q4 2022+18.1%+14.6%+21.7%
Q3 2022-3.7%-6.7%-4.3%
Q2 2022+2.0%+4.9%+8.2%
Q1 2022-3.1%-1.9%-10.5%
Q4 2021+10.6%+10.3%+20.7%
Q3 2021+4.5%+0.9%+8.6%
Q2 2021+4.3%+15.8%+11.3%
Q1 2021-10.2%-4.1%-4.5%
Q4 2020+3.3%+0.4%+8.0%
Q3 2020-1.7%-1.6%+11.0%
Q2 2020-3.2%-2.2%+35.8%
Q1 2020-17.2%-22.4%-26.2%
Q4 2019+8.4%+8.5%+6.7%
Q3 2019-2.4%-3.7%+6.9%
Q2 2019-8.1%-20.0%-33.3%
Q1 2019-2.7%-11.2%-9.8%
Q4 2018+22.6%+23.1%+28.4%
Q3 2018-5.0%-3.5%-4.7%
Q2 2018+5.6%+8.4%-0.7%
Q1 2018+0.4%-12.4%-5.9%
Q4 2017+3.2%-1.7%-10.0%
Q3 2017+13.1%+16.5%+12.4%
Q2 2017+8.5%+20.1%+4.5%
Q1 2017-6.8%-6.4%-14.1%
Q4 2016+4.7%+13.5%+18.3%
Q3 2016+4.1%+1.0%+15.6%
Q2 2016-17.1%
Q1 2016-17.7%
Q4 2015+9.8%
Q3 2015-10.4%
Q2 2015+2.8%
Q1 2015-16.7%
Q4 2014-3.0%
Q3 2014-6.0%
Q2 2014+5.2%
Q1 2014-2.0%
Q4 2013+5.9%
Q3 2013-1.0%
Q2 2013+15.2%
Q1 2013+2.7%
Q4 2012-16.6%
Q3 2012+5.6%
Q2 2012-12.6%
Q1 2010+13.6%
Q1 2012+2.4%
Q4 2011-2.7%
Q3 2011-16.5%
Q3 2010-16.5%
Q2 2011-1.7%
Q4 2010+7.4%
Q2 2010-11.6%

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