Every 10-Q that Pultegroup, Inc. (PHM) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow PHM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PHM filings page.
PulteGroup, Inc., a large U.S. homebuilder, reported total revenues of $3.98B for the quarter ended June 30, 2026, down from $4.40B a year earlier. Net income was $472.0M versus $608.5M, with diluted EPS of $2.48. Home sale revenues fell 11% as closings declined 8% and average selling price decreased 3%.
Home sale gross margin narrowed to 25.0% from 27.0%, pressured by higher land costs, elevated sales incentives and mortgage-rate-driven affordability challenges, though it improved sequentially from 24.4%. Net new orders rose 6% in units and 5% in dollars, and backlog was stable at 10,966 homes and $6.80B.
Liquidity remained strong with $1.38B of cash, cash equivalents and restricted cash and no borrowings under a recently amended $1.75B revolving credit facility that includes an accordion up to $2.5B. Unsecured senior notes outstanding were about $1.8B with no maturities until 2031. In the first six months of 2026, the company repurchased $681.2M of stock and paid $99.5M in dividends while maintaining a debt-to-total capitalization ratio of 12.3% excluding Financial Services debt.
PulteGroup, Inc. reported lower results for the quarter ended March 31, 2026 as high mortgage rates and affordability pressures weighed on demand. Total revenues declined to $3.41 billion from $3.89 billion, driven by a 7% drop in home closings and a 5% lower average selling price.
Net income fell to $347.0 million from $522.8 million, and diluted earnings per share decreased to $1.79 from $2.57. Gross margin from home sales compressed to 24.4% from 27.5% as increased incentives, pricing actions, and higher land and development costs reduced profitability.
Management highlighted continued use of mortgage rate buydowns and incentives, along with efforts to rebalance spec versus build‑to‑order inventory. Despite softer results, the company ended the quarter with $1.84 billion in cash, a debt‑to‑total capitalization ratio of 12.3% (excluding Financial Services debt), an expanded $1.75 billion Revolving Credit Facility, and $674.7 million of remaining share repurchase authorization (subsequently increased by $1.5 billion).
PulteGroup, Inc. reported softer third‑quarter results as affordability pressures weighed on demand. Q3 revenue was $4.40 billion, with net income of $585.8 million and diluted EPS of $2.96. Home sale gross margin fell to 26.2% from 28.8% as higher land costs and elevated sales incentives, including mortgage rate buydowns, pressured profitability.
Net new orders declined 6% in units and 7% in dollars, and the cancellation rate rose to 16%. Backlog ended at $6.23 billion (down 19%) on 9,888 homes, reflecting weaker demand. Year‑to‑date, operating cash flow totaled $1.10 billion. The company repurchased $900 million of shares (8.2 million) and paid $132.2 million in dividends, with the quarterly dividend increased to $0.22. Cash and equivalents were $1.45 billion, and no borrowings were outstanding on the revolver with $902 million of remaining capacity.
Management cited elevated mortgage rates, higher housing costs, and macro volatility driving slower sales paces. Actions included adjusting production and pricing, maintaining spec inventory for quick move‑ins, recording $42.2 million in land impairments year‑to‑date, and writing off $26.5 million of option deposits and pre‑acquisition costs.