Smith Douglas Homes Corp.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Revenue | $971.1M | $975.5M | $764.6M |
| Cost of Revenue | $758.9M | $719.9M | $548.3M |
| Gross Profit | $212.2M | $255.5M | $216.3M |
| Gross Margin | 21.8% | 26.2% | 28.3% |
| Operating Expenses | |||
| Research & Development | — | — | — |
| SG&A Expense | $139.8M | $136.4M | $92.4M |
| Operating Income | $70.9M | $116.9M | $123.2M |
| Operating Margin | 7.3% | 12.0% | 16.1% |
| Interest Expense | — | — | — |
| Pretax Income | $70.9M | $116.9M | $123.2M |
| Income Tax Expense | $2.5M | $5.1M | $0 |
| Net Income | $10.7M | $16.1M | $123.2M |
| Net Margin | 1.1% | 1.6% | 16.1% |
| EPS (Basic) | $1.19 | $1.82 | — |
| EPS (Diluted) | $1.19 | $1.81 | — |
| Shares Outstanding (Basic) | 9.0M | 8.8M | — |
| Shares Outstanding (Diluted) | 9.2M | 9.1M | — |
| Dividends Per Share | — | — | — |