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Tri Pointe Homes earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Nov 5, 2026

Q3 2026 Revenue down 15% year over year to $727M · 3¢ of every $1 of revenue kept as net profit · operating margin 4.3%

Tri Pointe Homes made $727M in Q3 2026 (-15% Y/Y): Homebuilding Operations $708M, Financial Services $19.4M. Operating margin 4.3%, net earnings $23.6M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 5, 2026.

Revenue$727M
Year over year-15%
Operating margin4.3%
Net earnings$23.6M
Operating cash flow−$127M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $727.0M in Q3 2026, down 15% year over year and up 4% from the previous quarter. Homebuilding Operations was the largest line at 97% of revenue. Homebuilding Operations lost $129.3M year over year (down 15%), 101% of the total change.

Operating profit was $31.2M, a 4.3% margin (down 3.8 points year over year). Total costs fell 11% while revenue fell 15%. Net earnings were $23.6M, down 58% year over year. The effective tax rate was 33.9%.

Operating cash flow was −$126.7M. Non-cash charges added back $8.0M of depreciation and amortization. Working capital and other items used $158.2M. Capital expenditures of $6.3M exceeded it, leaving free cash flow of −$132.9M.

Quarterly history

Tri Pointe Homes revenue by quarterTri Pointe Homes revenue by quarter$741MQ1 2025$902MQ2 2025$855MQ3 2025$973MQ4 2025$521MQ1 2026$702MQ2 2026$727MQ3 2026
Tri Pointe Homes net earnings by quarterTri Pointe Homes net earnings by quarter$64.0MQ1 2025$60.7MQ2 2025$56.1MQ3 2025$60.2MQ4 2025$6.8MQ1 2026−$158MQ2 2026$23.6MQ3 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 202610-QNov 5, 2026$727M-15%4.3%$23.6M−$127M
Q2 202610-QAug 13, 2026$702M-22%-13.8%−$158M−$369M
Q1 202610-QApr 29, 2026$521M-30%1.1%$6.8M−$48.0M
Q4 202510-KFeb 26, 2026$973M-22%8.1%$60.2M$221M
Q3 202510-QOct 23, 2025$855M-25%8.1%$56.1M$45.9M
Q2 202510-QJul 24, 2025$902M-22%8.5%$60.7M−$74.3M
Q1 202510-QApr 24, 2025$741M-21%10.4%$64.0M−$31.2M

Charts

Tri Pointe Homes: revenue growth, year over year and quarter over quarterTri Pointe Homes: revenue growth, year over year and quarter over quarterY/YQ/Q-21%Q1 2025-22%+22%Q2 2025-25%-5%Q3 2025-22%+14%Q4 2025-30%-46%Q1 2026-22%+35%Q2 2026-15%+4%Q3 2026
Latest (Q3 2026): Y/Y -15%, Q/Q +4%.
Tri Pointe Homes: where the cash came from (+) and went (−), TTM to Q3 2026Tri Pointe Homes: where the cash came from (+) and went (−), TTM to Q3 2026Cash drawn (+) / kept (−)$466MOperating cash flow−$323MBuybacks−$50.3MOther investing−$32.3MCapital spending−$27.8MTaxes on employees’ shares−$19.4MNet borrowing (+) / repaid (−)−$16.2MOther financing$2.4M
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Tri Pointe Homes: profit against cash, quarter by quarterTri Pointe Homes: profit against cash, quarter by quarterNet incomeOperating cash flow$129M$360MQ4 2024$64.0M−$31.2MQ1 2025$60.7M−$74.3MQ2 2025$56.1M$45.9MQ3 2025$60.2M$221MQ4 2025$6.8M−$48.0MQ1 2026−$158M−$369MQ2 2026$23.6M−$127MQ3 2026
Latest (Q3 2026): Net income $23.6M, Operating cash flow −$127M.
Tri Pointe Homes: diluted shares by fiscal yearTri Pointe Homes: diluted shares by fiscal year130MFY2020114MFY2021104MFY2022100MFY202395MFY202489MFY2025
-31.7% since FY2020: buybacks shrank the count.
Tri Pointe Homes in its industry: growth against margin (15 companies, SIC 1531)Tri Pointe Homes in its industry: growth against margin (15 companies, SIC 1531)revenue growth, year over year →↑ operating marginmedian -8%median 8%DHIPHMTOLNVRECGKBHMHODFHCCSHOVBZHGRBKLGIHSDHCTri Pointe Homes (-15%, 4%)
Operative Builders; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

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💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Tri Pointe Homes

Tri Pointe was founded in April 2009, near the end of an unprecedented downturn in the national homebuilding industry. Since then, we have grown from a Southern California fee homebuilder into a regionally-focused national homebuilder engaged in the design, construction and sale of innovative single-family attached and detached homes in 17 markets across twelve states and the District of Columbia. In early 2024, we announced our expansions into the Orlando and Coastal Carolinas regions. As of December 31, 2025, we had not yet commenced home sales in either Orlando or the Coastal Carolinas.

In its own words, from its 10-K, filed Feb 26, 2026.

Tri Pointe Homes against its Operative Builders peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -15% against the peers' median -8%. Operating margin: 4.3% against the peers' median 8.8%.

CompanyQuarterRevenueY/YOp. margin
Tri Pointe HomesQ3 2026$727M-15%4.3%
DHI Horton D RQ4 FY26$9.4B-3%10.8%
PHM PultegroupQ3 2026$4.0B-10%15.7%
TOL Toll BrothersQ3 FY26$2.7B-10%13.5%
NVR NVRQ3 2026$2.4B-8%13.9%
ECG Everus Construction GroupQ3 2026$1.4B+40%8.8%
KBH KB HomeQ3 FY26$1.3B-20%6.3%
MHO M/I HomesQ3 2026$1.1B-5%7.7%
DFH Dream Finders HomesQ3 2026$996M+3%1.3%

Source: Tri Pointe Homes 10-Q on SEC EDGAR · CIK 1561680 · Operative Builders