Filing Flows › Smith Douglas Homes (SDHC) › Q2 2026 › vs Q1 2026
Smith Douglas Homes (SDHC) Q2 2026 vs Q1 2026 (quarter over quarter)
Smith Douglas Homes's revenue rose $66.6M (+32%) from $206M in Q1 2026 to $273M in Q2 2026. Gross margin 17.6% against 19.6% (-2.0 pts).
Smith Douglas Homes, Q2 2026: revenue $273M (+22% year over year), operating margin 0.7%, net earnings $246K, operating cash flow $4.5M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 17.6% | 19.6% | -2.0 pts |
| Operating margin | 0.7% | 2.1% | -1.4 pts |
| Net margin | 0.1% | 0.3% | -0.2 pts |
| Free cash flow margin | 1.4% | -0.1% | +1.5 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $273M | $206M | $66.6M | +32% |
| Gross profit | $47.9M | $40.5M | $7.5M | +18% |
| Cost of revenue | $225M | $166M | $59.1M | +36% |
| Operating profit | $1.9M | $4.3M | −$2.4M | -57% |
| Operating expenses | $46.1M | $36.1M | $9.9M | +27% |
| Pre-tax earnings | $1.9M | $4.3M | −$2.4M | -57% |
| SG&A | $41.9M | $35.9M | $6.0M | +17% |
| Other operating costs | $4.1M | $224K | $3.9M | 18× |
| Net earnings | $246K | $565K | −$319K | -56% |
| Minority interests | $1.5M | $3.5M | −$2.0M | -56% |
| Income tax | $100K | $253K | −$153K | -60% |
| Depreciation | $915K | $857K | $58K | +7% |
| Share-based compensation | $1.6M | $1.2M | $412K | +35% |
| Working capital & other | $1.8M | −$2.2M | $4.0M | — |
| Operating cash flow | $4.5M | $338K | $4.2M | 13× |
| Free cash flow (OCF − capex) | $3.9M | −$202K | $4.1M | — |
| Capital expenditures | $599K | $540K | $59K | +11% |
Questions
How much did Smith Douglas Homes's revenue grow quarter over quarter in Q2 2026?
Smith Douglas Homes's revenue rose $66.6M (+32%) from $206M in Q1 2026 to $273M in Q2 2026. Gross margin 17.6% against 19.6% (-2.0 pts).