Smith Douglas Homes Corp. filings document the company’s public-company reporting as a NYSE-listed homebuilder and emerging growth company. Recent Form 8-K reports furnish quarterly and annual financial-result releases that include home closings, home closing revenue, gross margin, net new orders, backlog and income measures tied to its homebuilding operations.
The company’s definitive proxy statement covers annual meeting procedures, stockholder voting matters and governance disclosures. Its filings also identify emerging growth company status and provide formal records for material events, operating results and corporate governance matters affecting Smith Douglas Homes.
Smith Douglas Homes Corp. reported third-quarter 2026 home closing revenue of $262.509 million, compared with $262.041 million a year earlier. Home closing gross profit was $42.718 million versus $54.970 million; consolidated net income was $3.031 million versus $16.215 million, and net income attributable to SDHC was $577,000 versus $2.126 million. Diluted earnings per share were $0.07, compared with $0.24.
For the first nine months of 2026, revenue was $741.979 million versus $710.687 million, while consolidated net income was $8.861 million versus $51.360 million. Operating cash used was $28.486 million, compared with $41.094 million. Notes payable were $101.420 million at September 30, 2026, compared with $44.075 million at December 31, 2025; cash and cash equivalents were $5.922 million versus $12.741 million on those dates. The company recorded $4.742 million in inventory impairment charges at five communities for the nine-month period.
During the nine months, the company repurchased 790,325 Class A shares at a total cost of $10.4 million; $39.7 million remained under the program authorization at September 30, 2026.
Smith Douglas Homes Corp. reported third-quarter 2026 home-closing revenue of $262.5 million, up 0.2% year over year, on 831 closings, up 5%. Gross margin was 16.3%, versus 21.0%; pretax income was $3.3 million versus $17.2 million, and diluted earnings per share were $0.07 versus $0.24. Net income was $3.031 million, compared with $16.215 million.
Net new home orders increased 13% to 777 and period-end backlog homes increased 25% to 947. Active communities numbered 113 and controlled lots totaled 24,724 at quarter end. Smith Douglas repurchased 28,370 Class A shares for $0.3 million. Chief Executive Officer and Vice Chairman Greg Bennett said higher mortgage rates and affordability pressures weighed on buyer demand and profitability.
For the first nine months, home-closing revenue was $741.979 million versus $710.687 million, while net income was $8.861 million versus $51.360 million. At September 30, 2026, notes payable were $101.420 million and debt-to-book capitalization was 18.8%, compared with 9.0% at December 31, 2025. Management expects market conditions to remain challenging in the near term.
Smith Douglas Homes Corp. (SDHC) common stock was the subject of Vanguard Capital Management’s report of 417,925 shares beneficially owned, equal to 4.97%, as of September 30, 2026. The reported position includes securities attributed to Vanguard Capital Management LLC and specified affiliates and business divisions, including securities held by Vanguard funds and client accounts over which they exercise voting and/or dispositive power.
Smith Douglas Homes Corp. (SDHC) is the issuer named in Wasatch Advisors' Amendment No. 5, which reports that Wasatch beneficially owned 0 shares of the Common Stock SH CL A, equal to 0.0% of the class. Wasatch also reported 0 sole and shared voting power and 0 sole and shared dispositive power, and identified its ownership as 5% or less of the class.
Smith Douglas Homes Corp. director Julie Bradbury acquired 2,096 shares of Class A common stock on October 1, 2026, as compensation issued in lieu of quarterly Board of Directors and Board committee retainer fees otherwise payable in cash. The shares were valued at $10.14 per share, based on the company’s common stock fair market value on the issuance date. Her direct holdings after the acquisition were 29,724 shares.
Smith Douglas Homes Corp. director Jeffrey T. Jackson received 3,082 shares of Class A Common Stock on October 1, 2026, at a reported $10.14 per share. His reported direct holdings afterward were 49,511 shares. The shares were issued under the Amended Non-Employee Director Compensation Program and the 2024 Incentive Award Plan in lieu of quarterly Board, Lead Independent Director, Board committee, and committee chair retainer fees otherwise payable in cash. The share count was based on the common stock’s Fair Market Value on the issuance date.
Smith Douglas Homes Corp. director Neill B. Faucett acquired 2,466 shares of Class A Common Stock on October 1, 2026, at $10.14 per share. The shares were issued under the Amended Non-Employee Director Compensation Program and 2024 Incentive Award Plan in lieu of quarterly board, committee, and committee-chair retainer fees otherwise payable in cash. Faucett held 36,879 shares directly following the transaction.
Smith Douglas Homes Corp. (SDHC) director and ten percent owner Thomas L. Bradbury purchased 19,360 shares of Class A common stock on September 10, 2026 in an open-market transaction at a weighted-average price of $10.3059 per share. After this purchase, he directly owns 78,278 shares, and no Rule 10b5-1 trading plan is reported.
Smith Douglas Homes Corp. (SDHC) reported that President, Chief Executive Officer and Vice Chairman Bennett Gregory S purchased a total of 2,000 shares of Class A Common Stock in open-market or private transactions. The purchases occurred on September 1, 2026 at $12.1966 per share and on September 2, 2026 at $11.50 per share. No Rule 10b5-1 trading plan is reported for these transactions, and the filing does not state his total holdings after the purchases.
Smith Douglas Homes Corp. (SDHC) reported that Executive Vice President & Chief Financial Officer Russell Devendorf purchased additional shares of the company’s Class A Common Stock. On 2026-08-25, he bought 1,000 shares at $12.34 per share in an open market or private transaction, held directly.
Following this transaction, Devendorf’s directly held position increased to 317,461 shares of Class A Common Stock. The filing indicates the Rule 10b5-1 checkbox was not marked, and there were no derivative security transactions reported.