---
schema_version: "secwatch.filing_event.v1"
accession: "0000799292-26-000004"
form_type: "8-K"
ticker: "MHO"
cik: "0000799292"
company_name: "M/I HOMES, INC."
filed_at: "2026-01-28T23:59:59+00:00"
generated_at: "2026-05-16T07:14:37.571451+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# M/I Homes Q4 net income $64M ($2.39 EPS) down from $134M; full year EPS $14.74 vs $19.71

## Summary
- Q4 revenue $1.1B (-5% YoY); pre-tax income $80.6M includes $51.2M in inventory and warranty charges.
- Full year 2025 net income $402.9M ($14.74 diluted EPS) vs $563.7M ($19.71 EPS) in 2024.
- New contracts up 9% in Q4 to 1,921; full year contracts down 4% to 8,199. Backlog units down 29% to 1,809.
- Record shareholders' equity $3.2B; repurchased $202M of stock in 2025; zero borrowings on $900M credit facility.
- Gross margin 18.1% (22.6% excluding charges); cancellation rate improved to 10% from 14% last year.

## SEC filing metadata
- accession: 0000799292-26-000004
- form_type: 8-K
- ticker: MHO
- cik: 0000799292
- company_name: M/I HOMES, INC.
- filed_at: 2026-01-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/799292/000079929226000004/0000799292-26-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799292/000079929226000004/mho-20260128.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000799292-26-000004
- JSON: https://secwatch.observer/filing/0000799292-26-000004.json
- Plain text: https://secwatch.observer/filing/0000799292-26-000004.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.