Filing Flows › M/I Homes (MHO) › Q3 2026 › vs Q2 2026
M/I Homes (MHO) Q3 2026 vs Q2 2026 (quarter over quarter)
M/I Homes's revenue rose $12.8M (+1%) from $1.1B in Q2 2026 to $1.1B in Q3 2026. The biggest changes: Construction +$19.4M (+2%); Land −$7.0M (-37%); Financial Service +$408K (+1%). Operating margin 7.7% against 9.5% (-1.8 pts).
M/I Homes, Q3 2026: revenue $1.1B (-5% year over year), operating margin 7.7%, net earnings $66.6M, operating cash flow −$13.3M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 7.7% | 9.5% | -1.8 pts |
| Net margin | 6.2% | 7.4% | -1.3 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Construction | $1.0B | $1.0B | $19.4M | +2% |
| Financial Service | $32.7M | $32.3M | $408K | +1% |
| Land | $12.0M | $18.9M | −$7.0M | -37% |
| Revenue | $1.1B | $1.1B | $12.8M | +1% |
| Other income, net | $3.6M | $3.3M | $292K | +9% |
| Operating profit | $83.3M | $101M | −$18.0M | -18% |
| Costs & expenses | $993M | $962M | $30.8M | +3% |
| Pre-tax earnings | $86.9M | $105M | −$17.7M | -17% |
| Cost of revenue | $852M | $828M | $23.8M | +3% |
| Sales & marketing | $64.6M | $64.0M | $588K | +0.9% |
| General & admin | $76.6M | $70.2M | $6.4M | +9% |
| Net earnings | $66.6M | $79.1M | −$12.5M | -16% |
| Income tax | $20.3M | $25.5M | −$5.2M | -20% |
| Operating cash sources | $89.2M | $51.2M | $38.1M | +74% |
| Depreciation | $4.7M | $4.4M | $386K | +9% |
| Share-based compensation | $4.6M | $4.6M | $73K | +2% |
| Cash used in operations | $13.3M | −$36.8M | $50.1M | — |
| Working capital & other | $89.2M | $51.2M | $38.1M | +74% |
Questions
How much did M/I Homes's revenue grow quarter over quarter in Q3 2026?
M/I Homes's revenue rose $12.8M (+1%) from $1.1B in Q2 2026 to $1.1B in Q3 2026.
What drove M/I Homes's revenue change in Q3 2026?
Construction +$19.4M (+2%); Land −$7.0M (-37%); Financial Service +$408K (+1%).