Filing Flows › Pultegroup (PHM) › Q3 2026 › vs Q2 2026
Pultegroup (PHM) Q3 2026 vs Q2 2026 (quarter over quarter)
Pultegroup's revenue fell $9.1M (-0.2%) from $4.0B in Q2 2026 to $4.0B in Q3 2026. Operating margin 15.7% against 15.6% (+0.1 pts).
Pultegroup, Q3 2026: revenue $4.0B (-10% year over year), operating margin 15.7%, net earnings $476M, operating cash flow $460M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 15.7% | 15.6% | +0.1 pts |
| Net margin | 12.0% | 11.9% | +0.1 pts |
| Free cash flow margin | 11.0% | -0.3% | +11.3 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $4.0B | $4.0B | −$9.1M | -0.2% |
| Operating profit | $625M | $622M | $2.8M | +0.4% |
| Costs & expenses | $3.3B | $3.4B | −$11.9M | -0.4% |
| Pre-tax earnings | $625M | $622M | $2.8M | +0.4% |
| Cost of revenue | $2.9B | $2.9B | −$17.9M | -0.6% |
| SG&A | $397M | $383M | $14.2M | +4% |
| Other operating costs | $44.5M | $52.8M | −$8.2M | -16% |
| Net earnings | $476M | $472M | $3.7M | +0.8% |
| Income tax | $149M | $150M | −$957K | -0.6% |
| Depreciation & amortization | $26.7M | $25.4M | $1.3M | +5% |
| Share-based compensation | $10.5M | $14.9M | −$4.3M | -29% |
| Working capital & other | $52.8M | $495M | −$442M | -89% |
| Operating cash flow | $460M | $17.1M | $443M | 27× |
| Free cash flow (OCF − capex) | $437M | −$12.8M | $450M | — |
| Capital expenditures | $22.9M | $29.9M | −$7.0M | -23% |
Questions
How much did Pultegroup's revenue grow quarter over quarter in Q3 2026?
Pultegroup's revenue fell $9.1M (-0.2%) from $4.0B in Q2 2026 to $4.0B in Q3 2026. Operating margin 15.7% against 15.6% (+0.1 pts).