Filing Flows › Pultegroup (PHM) › Q2 2026 › vs Q1 2026
Pultegroup (PHM) Q2 2026 vs Q1 2026 (quarter over quarter)
Pultegroup's revenue rose $574M (+17%) from $3.4B in Q1 2026 to $4.0B in Q2 2026. Operating margin 15.6% against 13.2% (+2.4 pts).
Pultegroup, Q2 2026: revenue $4.0B (-10% year over year), operating margin 15.6%, net earnings $472M, operating cash flow $17.1M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 15.6% | 13.2% | +2.4 pts |
| Net margin | 11.9% | 10.2% | +1.7 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $4.0B | $3.4B | $574M | +17% |
| Operating profit | $622M | $449M | $173M | +39% |
| Costs & expenses | $3.4B | $3.0B | $401M | +14% |
| Pre-tax earnings | $622M | $449M | $173M | +39% |
| Cost of revenue | $2.9B | $2.5B | $397M | +16% |
| SG&A | $383M | $380M | $2.6M | +0.7% |
| Other operating costs | $52.8M | $51.5M | $1.2M | +2% |
| Net earnings | $472M | $347M | $125M | +36% |
| Income tax | $150M | $102M | $48.0M | +47% |
| Operating cash sources | $512M | $391M | $121M | +31% |
| Depreciation & amortization | $25.4M | $24.5M | $859K | +4% |
| Share-based compensation | $14.9M | $19.4M | −$4.5M | -23% |
| Working capital & other | $495M | $231M | $264M | +114% |
| Operating cash flow | $17.1M | $160M | −$143M | -89% |
| Capital expenditures | $29.9M | $25.4M | $4.5M | +18% |
| Negative free cash flow (OCF − capex) | $12.8M | −$134M | $147M | — |
Questions
How much did Pultegroup's revenue grow quarter over quarter in Q2 2026?
Pultegroup's revenue rose $574M (+17%) from $3.4B in Q1 2026 to $4.0B in Q2 2026. Operating margin 15.6% against 13.2% (+2.4 pts).