secwatch.observer — SEC 8-K summary
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Issuer:     BEAZER HOMES USA INC (BZH)
CIK:        0000915840
Form:       8-K
Filed at:   2026-04-30T23:59:59+00:00
Accession:  0000915840-26-000040
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beazer Homes Q2 FY2026 net loss $0.9M; revenue drops 28.5%; adjusted EBITDA plummets to $2.6M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/915840/000091584026000040/0000915840-26-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/915840/000091584026000040/bzh-20260430.htm
  HTML page:      https://secwatch.observer/filing/0000915840-26-000040

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer