---
schema_version: "secwatch.filing_event.v1"
accession: "0000915840-23-000007"
form_type: "8-K"
ticker: "BZH"
cik: "0000915840"
company_name: "BEAZER HOMES USA INC"
filed_at: "2023-02-02T23:59:59+00:00"
generated_at: "2026-06-20T03:13:26.063879+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Beazer Homes Q1 FY2023 EPS $0.80; net income $24.4M; new orders drop 57.8% YoY

## Summary
- Net income $24.4M ($0.80 diluted EPS) vs $34.9M ($1.14) year ago; adjusted EBITDA $47.1M, down 22.9%.
- Homebuilding revenue $444.1M (flat YoY) on 833 closings (-18.3%) and ASP $533.1K (+21.6%).
- Net new orders 482 (-57.8%); cancellation rate 37.1% (vs 11.8%); backlog units 1,740 (-40.2%).
- Homebuilding gross margin ex-I&A and interest 22.3% (-190 bps); SG&A as % of revenue 12.3% (+50 bps).

## SEC filing metadata
- accession: 0000915840-23-000007
- form_type: 8-K
- ticker: BZH
- cik: 0000915840
- company_name: BEAZER HOMES USA INC
- filed_at: 2023-02-02T23:59:59+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/915840/000091584023000007/0000915840-23-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/915840/000091584023000007/bzh-20230202.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000915840-23-000007
- JSON: https://secwatch.observer/filing/0000915840-23-000007.json
- Plain text: https://secwatch.observer/filing/0000915840-23-000007.txt

## Key facts
- Earnings Releases
  BEAZER HOMES USA INC reported three months ended December 31, 2022 results: revenue $444.1 million, net income $24.4 million, EPS $0.80 per diluted share.
  - Period: three months ended December 31, 2022
  - Revenue: $444.1 million
  - Net income: $24.4 million
  - EPS: $0.80 per diluted share
  - Result: reported results
  source text: from continuing operations of $34.9 million, or $1.14 per diluted share, in fiscal first quarter 2022 • Adjusted EBITDA of $47.1 million, down 22.9% • Homebuilding revenue of $444.1 million, down 0.6% on a 18.3% decrease in home closings to 833, partially offset by a 21.6% increase in average selling price to $533.1 thousand • Homebuilding gross margin was 19.2%,
  evidence_url: https://www.sec.gov/Archives/edgar/data/915840/000091584023000007/0000915840-23-000007-index.htm

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