Filing Flows › Pultegroup (PHM) › Q3 2026
Pultegroup (PHM) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 22, 2026
Pultegroup (PHM) reported revenue of $4.0B for the third quarter 2026 (Q3 2026), -10% from a year earlier and -0.2% from the quarter before. Operating margin was 15.7%, net earnings $476M (12.0% of revenue).
Pultegroup, Q3 2026: revenue $4.0B (-10% year over year), operating margin 15.7%, net earnings $476M, operating cash flow $460M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.0B | -0.2% | -10% |
| Operating profit | $625M | +0.4% | -19% |
| Net earnings | $476M | +0.8% | -19% |
| Operating cash flow | $460M | 27× | -32% |
| Free cash flow | $437M | — | -33% |
What changed
Revenue was $4.0B in Q3 2026, down 10% year over year and roughly flat from the previous quarter.
Operating profit was $0.63B, a 15.7% margin (down 1.7 points year over year). Total costs fell 8% while revenue fell 10%. Net earnings were $0.48B, down 19% year over year. The effective tax rate was 23.9%.
Operating cash flow was $0.46B (down 32% year over year), 97% 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 $0.05B. Capital expenditures of $0.02B left free cash flow of $0.44B.
Questions
What was Pultegroup's revenue in the third quarter 2026?
Pultegroup (PHM) reported revenue of $4.0B for the third quarter 2026 (Q3 2026), -10% from a year earlier and -0.2% from the quarter before.
Was Pultegroup profitable in the third quarter 2026?
Operating profit was $625M (15.7% of revenue) and net earnings $476M.
Source: Pultegroup 10-Q on SEC EDGAR.