Filing Flows › Century Communities (CCS) › Q1 2025
Century Communities (CCS) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 24, 2025
Century Communities (CCS) reported revenue of $903M for the first quarter 2025 (Q1 2025), -5% from a year earlier and -29% from the quarter before. Operating margin was 5.8%, net earnings $39.4M (4.4% of revenue).
Century Communities, Q1 2025: revenue $903M (-5% year over year), operating margin 5.8%, net earnings $39.4M, operating cash flow −$36.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $903M | -29% | -5% |
| Operating profit | $52.5M | -61% | -38% |
| Net earnings | $39.4M | -62% | -39% |
| Operating cash flow | −$36.6M | — | — |
What changed
Revenue was $903.2M in Q1 2025, down 5% year over year and down 29% from the previous quarter. Homebuilding was the largest line at 98% of revenue. Homebuilding lost $38.9M year over year (down 4%), 86% of the total change.
Operating profit was $52.5M, a 5.8% margin (down 3.1 points year over year). Total costs fell 2% while revenue fell 5%. Net earnings were $39.4M, down 39% year over year. The effective tax rate was 25.0%.
Operating cash flow was −$36.6M. Non-cash charges added back $6.4M of depreciation and amortization and $292K of share-based compensation. Working capital and other items used $82.7M. Capital expenditures of $3.4M exceeded it, leaving free cash flow of −$40.0M.
Questions
What was Century Communities' revenue in the first quarter 2025?
Century Communities (CCS) reported revenue of $903M for the first quarter 2025 (Q1 2025), -5% from a year earlier and -29% from the quarter before.
Was Century Communities profitable in the first quarter 2025?
Operating profit was $52.5M (5.8% of revenue) and net earnings $39.4M.