Beazer Homes posts Q1 fiscal 2026 net loss of $32.6M on 21.9% revenue decline

BEAZER HOMES USA INC

2026-Q1 EPS reported -$1.13 revenue$363,491,000

Net loss of $32.6M ($1.13 diluted loss per share) vs net income of $3.1M ($0.10) a year ago; includes $0.23 litigation charge.
Homebuilding revenue $359.7M, down 21.9%; home closings 700 (-22.8%); ASP $513.9K (+1.2%).
Homebuilding gross margin 10.4% (down 480 bps); adjusted gross margin 14.0% (down 420 bps).
Net new orders 763 (-18.1%); sales pace 1.5 per community per month (-21.1%); backlog units 1,008 (-33.1%).
Adjusted EBITDA loss of $11.2M vs $23.0M a year ago; repurchased $15.1M of stock at avg $21.72.

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