NYSE$SDHC

Smith Douglas Homes Corp · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

Smith Douglas Homes Corp reported Q2 2025 results with home closing revenue of $223.9 million.

The company achieved 669 home closings generating $223.9 million in revenue, up 1% year-over-year. Net income was $16.4 million with basic EPS of $0.26. Home closing gross margin declined to 23.2% from 26.7% in the prior year quarter.

  • Home closings increased 2% to 669 homes while ASP remained stable at $335k.
  • Net new home orders rose 3% to 736 with a cancellation rate of 10.0%.
  • Controlled lots grew 57% to 24,824, reflecting land-light strategy expansion.
  • Active communities increased to 92 from 75 year-over-year.

Headline financials

Total Revenue

$224M

Previous: $221M+1.4%
EPS (adj)

$0.26

Previous: $0.40-35.0%
Net new home orders

736

No prior period
Home closings

669

Previous: 653+2.5%
Cancellation rate

10.0%

Previous: 11.8%-15.3%
Active communities

92

No prior period
Total Controlled Lots

24.8K

Previous: 15.8K+56.7%
Controlled lots

24.8K

No prior period
Capital Expenditures

-$3.16M

Previous: -$2.57M-22.7%
Net Income

$2.37M

Previous: $3.65M-35.1%
Operating Income

$16.6M

Previous: $27.2M-39.1%
Gross Profit

$51.9M

Previous: $59.1M-12.1%

Revenue & EPS history

Smith Douglas Homes Corp · Revenue · Quarterly

$224M

Q2 2025+1.4%vs Q2 2024
Beat estimate in 8 of 10 quarters(80%)
ActualEstimate

Revenue by segment

Smith Douglas Homes Corp · $224M total across 2 segments · Q2 2025

  • Southeast
    $141M
  • Central
    $82.7M

Historical earnings impact

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

Avg. return before/after earnings

Based on 8 quarterly earnings reports

Historical avg

-1.8%

Avg return

Earnings day

-3.0%

Avg return

5 days after

-2.2%

Avg return

30 days after

38%

3 / 8 earnings

Positive

+6.4%

Q1 2026

Best reaction

-13.0%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026+6.4%-2.3%-10.2%
Q4 2025-9.3%-1.1%+11.1%
Q3 2025+1.9%-0.2%+18.7%
Q1 2025-3.5%-12.6%-14.7%
Q4 2024-2.0%-8.4%-11.3%
Q3 2024-13.0%-14.4%-7.5%
Q2 2024+5.8%+14.1%+11.7%
Q1 2024-0.6%+0.7%-15.5%
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q3 2022
Q2 2022
Q1 2022

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