Filing Flows › Smith Douglas Homes (SDHC) › Q3 2026 › vs Q2 2026
Smith Douglas Homes (SDHC) Q3 2026 vs Q2 2026 (quarter over quarter)
Smith Douglas Homes's revenue fell $10.5M (-4%) from $273M in Q2 2026 to $263M in Q3 2026. Gross margin 16.3% against 17.6% (-1.3 pts).
Smith Douglas Homes, Q3 2026: revenue $263M (+0.2% year over year), operating margin 1.3%, net earnings $577K, operating cash flow −$33.3M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 16.3% | 17.6% | -1.3 pts |
| Operating margin | 1.3% | 0.7% | +0.6 pts |
| Net margin | 0.2% | 0.1% | +0.1 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $263M | $273M | −$10.5M | -4% |
| Gross profit | $42.7M | $47.9M | −$5.2M | -11% |
| Cost of revenue | $220M | $225M | −$5.3M | -2% |
| Operating profit | $3.3M | $1.9M | $1.4M | +77% |
| Operating expenses | $39.4M | $46.1M | −$6.6M | -14% |
| Pre-tax earnings | $3.3M | $1.9M | $1.4M | +77% |
| Net earnings | $577K | $246K | $331K | +135% |
| Minority interests | $2.5M | $1.5M | $932K | +61% |
| Income tax | $279K | $100K | $179K | +179% |
| Operating cash sources | $36.5M | −$1.8M | $38.2M | — |
| Depreciation | $927K | $915K | $12K | +1% |
| Share-based compensation | $1.6M | $1.6M | $35K | +2% |
| Cash used in operations | $33.3M | −$4.5M | $37.8M | — |
| Working capital & other | $36.5M | −$1.8M | $38.2M | — |
Questions
How much did Smith Douglas Homes's revenue grow quarter over quarter in Q3 2026?
Smith Douglas Homes's revenue fell $10.5M (-4%) from $273M in Q2 2026 to $263M in Q3 2026. Gross margin 16.3% against 17.6% (-1.3 pts).