earnings
confidence high
sentiment negative
materiality 0.80
Beazer Homes Q2 FY2026 net loss $0.9M; revenue drops 28.5%; adjusted EBITDA plummets to $2.6M
BEAZER HOMES USA INC
2026-Q2 EPS reported
-$1.18
revenue$773,337,000
- Net loss of $0.9M ($0.03 diluted loss per share) vs net income $12.8M ($0.42) a year ago.
- Homebuilding revenue $397.7M (-28.5%); home closings down 29.8% to 757; ASP rose 2% to $525.4K.
- Adjusted EBITDA fell 93.4% to $2.6M; homebuilding gross margin (ex items) 15.6%, down 270 bps.
- Net new orders down 4.6% to 1,048; backlog units down 14.9%; cancellation rate improved to 13.5%.
- Repurchased $30M in shares; increased revolver to $525M, extended to March 2030; liquidity $401.1M.