---
schema_version: "secwatch.filing_event.v1"
accession: "0000822416-25-000030"
form_type: "8-K"
ticker: "PHM"
cik: "0000822416"
company_name: "PULTEGROUP INC/MI/"
filed_at: "2025-04-22T23:59:59+00:00"
generated_at: "2026-05-23T09:48:50.380402+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PulteGroup Q1 EPS $2.57 vs $3.10; revenue $3.7B down 2%; orders decline 7%

## Summary
- Net income of $523M ($2.57 per share) vs prior year $663M ($3.10) which included one-time gains.
- Home sale revenues $3.7B; gross margin 27.5% (down 210 bps YoY) on 6,583 closings.
- Net new orders 7,765 homes ($4.5B value) down from 8,379; average communities up 3% to 961.
- Repurchased $300M in shares; quarter-end cash $1.3B; debt-to-capital 11.7%.
- Backlog 11,335 homes ($7.2B); CEO cites affordability challenges but remains constructive on demand.

## SEC filing metadata
- accession: 0000822416-25-000030
- form_type: 8-K
- ticker: PHM
- cik: 0000822416
- company_name: PULTEGROUP INC/MI/
- filed_at: 2025-04-22T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/822416/000082241625000030/0000822416-25-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/822416/000082241625000030/phm-20250422.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000822416-25-000030
- JSON: https://secwatch.observer/filing/0000822416-25-000030.json
- Plain text: https://secwatch.observer/filing/0000822416-25-000030.txt

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