---
schema_version: "secwatch.filing_event.v1"
accession: "0000799292-26-000014"
form_type: "8-K"
ticker: "MHO"
cik: "0000799292"
company_name: "M/I HOMES, INC."
filed_at: "2026-04-22T23:59:59+00:00"
generated_at: "2026-05-15T04:59:08.019609+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# M/I Homes Q1 net income falls 39% YoY to $67.8M; EPS $2.55 vs $3.98

## Summary
- Revenue down 6% to $921M; homes delivered fell 3% to 1,914 units.
- New contracts increased 3% to 2,350; backlog units down 21% to 2,245.
- Gross margin 22%; pre-tax income margin 10%, down from 17% a year ago.
- Record shareholders' equity $3.2B; repurchased $50M of common stock.
- Cancellation rate improved to 8% from 10% a year earlier.

## SEC filing metadata
- accession: 0000799292-26-000014
- form_type: 8-K
- ticker: MHO
- cik: 0000799292
- company_name: M/I HOMES, INC.
- filed_at: 2026-04-22T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/799292/000079929226000014/0000799292-26-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799292/000079929226000014/mho-20260422.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000799292-26-000014
- JSON: https://secwatch.observer/filing/0000799292-26-000014.json
- Plain text: https://secwatch.observer/filing/0000799292-26-000014.txt

## Key facts
- Earnings Releases
  M/I HOMES, INC. reported the three months ended March 31, 2026 results: revenue $921 million, net income $67.8 million, EPS $2.55 per diluted share.
  - Period: the three months ended March 31, 2026
  - Revenue: $921 million
  - Net income: $67.8 million
  - EPS: $2.55 per diluted share
  - Result: reported results
  source text: for the three months ended March 31, 2026. 2026 First Quarter Highlights: • New contracts increased 3% to 2,350 • Homes delivered decreased 3% to 1,914 • Revenue declined 6% to $921 million • Gross margin of 22% • Pre-tax income of $89 million, 10% of revenue, down 39% • Net income of $68 million ($2.55 per diluted share) versus $111 million ($3.98 per diluted
  evidence_url: https://www.sec.gov/Archives/edgar/data/799292/000079929226000014/0000799292-26-000014-index.htm

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