Financials · SDHC

Smith Douglas Homes Corp. (SDHC) financials

For the twelve months ended Sep 30, 2026, Smith Douglas Homes Corp. reported $1.00B of revenue and $4.91M of net income.

Revenue, TTM
$1.00B
Revenue growth, YoY
+0.4%
Net income, TTM
$4.91M
Net income growth, YoY
-56.5%
Net margin
0.5%
Free cash flow, TTM
-$22.42M
EPS, diluted, TTM
$0.55
Cash
$5.92M
Total debt
$101.42M
P/E
102.59
P/S
0.50
Market cap
$503.5M
Annual revenue$971.12M
FY2023FY2025
Annual net income$10.69M
FY2023FY2025
Annual free cash flow-$36.86M
FY2023FY2025

SDHC revenue and earnings growth

SDHC revenueQ3 2026$262.51M

Quarter YoY
+0.2%
QoQ
-3.9%
FY YoY
-0.4%

SDHC revenue was $262.51M in fiscal Q3 2026 (ended Sep 30, 2026), up 0.2% from a year earlier and down 3.9% from the prior quarter. For the full fiscal 2025 it was $971.12M, down 0.4% from fiscal 2024.

SDHC net incomeQ3 2026$577.0K

Quarter YoY
-72.9%
QoQ
+134.6%
FY YoY
-33.5%

SDHC net income was $577.0K in fiscal Q3 2026 (ended Sep 30, 2026), down 72.9% from a year earlier and up 134.6% from the prior quarter. For the full fiscal 2025 it was $10.69M, down 33.5% from fiscal 2024.

SDHC EPSQ3 2026$0.07

Quarter YoY
-70.8%
QoQ
+133.3%
FY YoY
-34.3%

SDHC diluted EPS was $0.07 in fiscal Q3 2026 (ended Sep 30, 2026), down 70.8% from a year earlier and up 133.3% from the prior quarter. For the full fiscal 2025 it was $1.19, down 34.3% from fiscal 2024.

SDHC free cash flowQ3 2026-$34.88M

SDHC free cash flow was -$34.88M in fiscal Q3 2026 (ended Sep 30, 2026), compared with $21.40M a year earlier. For the full fiscal 2025 it was -$36.86M, compared with $15.24M in fiscal 2024.

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Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Revenue$971.12M$975.46M$764.63M
Cost of revenue$758.95M$719.92M$548.30M
Gross profit$212.17M$255.54M$216.33M
Selling, general and admin$139.78M$136.38M$92.44M
Interest expense$3.19M$2.49M$1.66M
Pre-tax income$70.90M$116.89M$123.18M
Income tax$2.49M$5.07M$0
Net income$10.69M$16.07M$123.18M
EPS, basic$1.19$1.82-
EPS, diluted$1.19$1.81-
Diluted shares9.2M9.1M-

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Cash and equivalents$12.74M$22.36M$19.78M
Goodwill$25.73M$25.73M$25.73M
Total assets$557.59M$475.90M$352.69M
Total debt$44.08M$3.06M$75.63M
Total liabilities$113.46M$74.17M$143.79M
Shareholders' equity$86.73M$401.73M$208.90M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Operating cash flow-$31.34M$19.13M$76.26M
Capital expenditures$5.52M$3.89M$1.31M
Free cash flow-$36.86M$15.24M$74.95M
Investing cash flow-$6.63M-$4.71M-$76.83M
Financing cash flow$28.35M-$11.84M-$9.25M
Stock-based compensation$3.67M$4.36M$0

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Revenue growth, YoY-0.4%27.6%-
Net income growth, YoY-33.5%-87.0%-
EPS growth, YoY-34.3%--
Gross margin21.8%26.2%28.3%
Net margin1.1%1.6%16.1%
Free cash flow margin-3.8%1.6%9.8%
Return on equity12.3%4.0%59.0%
Return on assets1.9%3.4%34.9%
Debt to equity0.510.010.36

Source: XBRL data Smith Douglas Homes Corp. files with the SEC, latest filing dated Nov 4, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

SDHC peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
SDHC$1.00B+0.4%$4.91M0.5%$503.5M
DHI$33.35B-3.5%$3.07B9.2%$43.52B
PHM$15.98B-9.3%$1.80B11.2%$25.01B
LEN$31.97B-8.0%$1.31B4.1%$21.79B
LEN.B$31.97B-8.0%$1.31B4.1%$21.34B
NVR$9.32B-10.8%$1.05B11.2%$16.77B
TOL$10.76B-1.1%$1.20B11.1%$14.41B
IBP$2.99B+0.7%$235.70M7.9%$5.94B
SKY$2.72B+3.5%$185.83M6.8%$5.18B

SDHC FAQ

9 questions
  • What is SDHC revenue?
    Smith Douglas Homes Corp. (SDHC) reported $1.00B of revenue for the twelve months ended Sep 30, 2026. That is up 0.4% from the year before. Revenue for fiscal 2025 was $971.12M.
  • Is SDHC profitable?
    Yes. Smith Douglas Homes Corp. earned $4.91M in net income for the twelve months ended Sep 30, 2026, a net margin of 0.5%.
  • How much cash and debt does SDHC have?
    Smith Douglas Homes Corp. reported $5.92M in cash and cash equivalents and $101.42M of debt on its most recent balance sheet in SEC filings.
  • How fast is SDHC revenue growing?
    Smith Douglas Homes Corp.'s revenue changed -0.4% in fiscal 2025, to $971.12M.
  • What is SDHC gross margin?
    Smith Douglas Homes Corp.'s gross profit was $182.82M on $1.00B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 18.2%.
  • What is SDHC free cash flow?
    Smith Douglas Homes Corp. generated -$22.42M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of -$18.73M less capital expenditures.
  • What is SDHC earnings per share?
    Diluted earnings per share were $0.55 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did SDHC last report financial results?
    The latest statements here come from Smith Douglas Homes Corp.'s 10-Q filed on Nov 4, 2026, covering the period ended Sep 30, 2026.
  • Where does this SDHC financial data come from?
    Quantisnow builds these statements from the structured XBRL data Smith Douglas Homes Corp. files with the SEC. It is provided for information only and is not investment advice.