Filing Flows › Smith Douglas Homes (SDHC) › Q3 2026 › vs Q3 2025
Smith Douglas Homes (SDHC) Q3 2026 vs Q3 2025 (year over year)
Smith Douglas Homes's revenue rose $468K (+0.2%) from $262M in Q3 2025 to $263M in Q3 2026. Gross margin 16.3% against 21.0% (-4.7 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 16.3% | 21.0% | -4.7 pts |
| Operating margin | 1.3% | 6.6% | -5.3 pts |
| Net margin | 0.2% | 0.8% | -0.6 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $263M | $262M | $468K | +0.2% |
| Gross profit | $42.7M | $55.0M | −$12.3M | -22% |
| Cost of revenue | $220M | $207M | $12.7M | +6% |
| Operating profit | $3.3M | $17.2M | −$13.9M | -81% |
| Operating expenses | $39.4M | $37.7M | $1.7M | +4% |
| Pre-tax earnings | $3.3M | $17.2M | −$13.9M | -81% |
| Net earnings | $577K | $2.1M | −$1.5M | -73% |
| Minority interests | $2.5M | $14.1M | −$11.6M | -83% |
| Income tax | $279K | $1.0M | −$742K | -73% |
| Operating cash sources | $36.5M | −$18.9M | $55.3M | — |
| Depreciation | $927K | $700K | $227K | +32% |
| Share-based compensation | $1.6M | $1.1M | $559K | +53% |
| Cash used in operations | $33.3M | −$22.8M | $56.1M | — |
| Working capital & other | $36.5M | −$18.9M | $55.3M | — |
Questions
How much did Smith Douglas Homes's revenue grow year over year in Q3 2026?
Smith Douglas Homes's revenue rose $468K (+0.2%) from $262M in Q3 2025 to $263M in Q3 2026. Gross margin 16.3% against 21.0% (-4.7 pts).