Smith Douglas Homes Corp.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $273.0M | $206.4M | $260.4M | $262.0M | $223.9M | $224.7M | $287.5M | $277.8M |
| Cost of Revenue | $225.1M | $166.0M | $208.7M | $207.1M | $172.0M | $171.2M | $214.2M | $204.1M |
| Gross Profit | $47.9M | $40.5M | $51.7M | $55.0M | $51.9M | $53.5M | $73.3M | $73.7M |
| Gross Margin | 17.6% | 19.6% | 19.9% | 21.0% | 23.2% | 23.8% | 25.5% | 26.5% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $41.9M | $35.9M | $36.0M | $36.1M | $34.7M | $33.0M | $42.9M | $34.1M |
| Operating Income | $1.9M | $4.3M | $16.9M | $17.2M | $17.2M | $19.6M | $30.0M | $39.6M |
| Operating Margin | 0.7% | 2.1% | 6.5% | 6.6% | 7.7% | 8.7% | 10.4% | 14.2% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $1.9M | $4.3M | $16.9M | $17.2M | $17.2M | $19.6M | $30.0M | $39.6M |
| Income Tax Expense | $100.0K | $253.0K | $-130.0K | $1.0M | $744.0K | $857.0K | $1.3M | $1.8M |
| Net Income | $246.0K | $565.0K | $3.5M | $2.1M | $2.4M | $2.7M | $4.1M | $5.3M |
| Net Margin | 0.1% | 0.3% | 1.4% | 0.8% | 1.1% | 1.2% | 1.4% | 1.9% |
| EPS (Basic) | $0.03 | $0.06 | $0.39 | $0.24 | $0.26 | $0.30 | $0.47 | $0.60 |
| EPS (Diluted) | $0.03 | $0.06 | $0.39 | $0.24 | $0.26 | $0.30 | $0.50 | $0.58 |
| Shares Outstanding (Basic) | 8.4M | 9.1M | 9.0M | 9.0M | 9.0M | 9.0M | 8.8M | 8.8M |
| Shares Outstanding (Diluted) | 8.4M | 9.1M | 9.2M | 9.1M | 9.0M | 9.1M | 9.1M | 51.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |