---
schema_version: "secwatch.filing_event.v1"
accession: "0000915840-25-000042"
form_type: "8-K"
ticker: "BZH"
cik: "0000915840"
company_name: "BEAZER HOMES USA INC"
filed_at: "2025-05-01T23:59:59+00:00"
generated_at: "2026-05-23T01:43:32.030417+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Beazer Homes Q2 EPS $0.42 vs $1.26 YoY; net income down 67%, new $100M buyback authorized

## Summary
- Net income from continuing ops $12.8M ($0.42 diluted) vs $39.2M ($1.26) in Q2 FY2024; adjusted EBITDA $38.8M, down 34%.
- Homebuilding revenue $556M (+3.2% YoY) on 1,079 closings (+3.4%); gross margin 15.1% (down 360 bps), adjusted gross margin 18.3% (down 340 bps).
- Net new orders 1,098, down 15.5% YoY; sales pace fell 27.1% to 2.3/community/month; cancellation rate 16.9% vs 12.2%.
- Board approved new $100M share repurchase authorization; repurchased $20.6M in Q2 at avg $22.73/share.
- Updated multi-year goals: community count >200 by FY2027 (deferred one year), new target double-digit CAGR in book value per share through FY2027.

## SEC filing metadata
- accession: 0000915840-25-000042
- form_type: 8-K
- ticker: BZH
- cik: 0000915840
- company_name: BEAZER HOMES USA INC
- filed_at: 2025-05-01T23:59:59+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/915840/000091584025000042/0000915840-25-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/915840/000091584025000042/bzh-20250501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000915840-25-000042
- JSON: https://secwatch.observer/filing/0000915840-25-000042.json
- Plain text: https://secwatch.observer/filing/0000915840-25-000042.txt

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