Pre-tax Income and Earnings
Smith Douglas Homes reported pre-tax income of $17.2 million and earnings of $0.24 per share for the third quarter of 2025.
Net Orders Increase
Net orders for the quarter increased by 15% year-over-year to 690 homes, indicating improved demand compared to the previous year.
New Market Expansion
The company began construction in new markets, including Greenville, Dallas, and the Gulf Coast, which are expected to contribute to future growth.
Controlled Lot Expansion
The company has nearly tripled its controlled lot count since going public, indicating a strong foundation for future growth.
Cycle Times and Efficiency
Cycle times remained consistent at 54 days, excluding Houston, showcasing operational efficiency.