Filing Flows › Pultegroup (PHM) › Q2 2026
Pultegroup (PHM) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 22, 2026
Pultegroup (PHM) reported revenue of $4.0B for the second quarter 2026 (Q2 2026), -10% from a year earlier and +17% from the quarter before. Operating margin was 15.6%, net earnings $472M (11.9% of revenue).
Pultegroup, Q2 2026: revenue $4.0B (-10% year over year), operating margin 15.6%, net earnings $472M, operating cash flow $17.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.0B | +17% | -10% |
| Operating profit | $622M | +39% | -23% |
| Net earnings | $472M | +36% | -22% |
| Operating cash flow | $17.1M | -89% | -94% |
What changed
Revenue was $4.0B in Q2 2026, down 10% year over year and up 17% from the previous quarter.
Operating profit was $0.62B, a 15.6% margin (down 2.7 points year over year). Total costs fell 7% while revenue fell 10%. Net earnings were $0.47B, down 22% year over year. The effective tax rate was 24.2%.
Operating cash flow was $0.02B (down 94% year over year), 4% of net earnings. Non-cash charges added back $0.03B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.50B. Capital expenditures of $0.03B exceeded it, leaving free cash flow of −$0.01B.
Questions
What was Pultegroup's revenue in the second quarter 2026?
Pultegroup (PHM) reported revenue of $4.0B for the second quarter 2026 (Q2 2026), -10% from a year earlier and +17% from the quarter before.
Was Pultegroup profitable in the second quarter 2026?
Operating profit was $622M (15.6% of revenue) and net earnings $472M.
Source: Pultegroup 10-Q on SEC EDGAR.