---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-089778"
form_type: "8-K"
ticker: "UHG"
cik: "0001830188"
company_name: "United Homes Group, Inc."
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T19:00:28.365994+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# United Homes Q2 net income $245.4M; includes $242.3M derivative gain; revenue falls to $122.1M

## Summary
- Net income $245.4M ($4.27 diluted) includes $242.3M non-cash derivative gain; adjusted book value $91.0M.
- Revenue $122.1M on 385 home closings vs 459 last year; ASP rose 4.3% to $313,000.
- Homebuilding gross margin 19.6% (adj. 21.4%) vs 28.8% last year; company expects sequential margin improvement in H2.
- Backlog $94.2M; active communities 53; total liquidity $178.7M including $92.7M cash.
- Subsequent to quarter, closed $240M 3-year credit facility, increasing liquidity by $90M.

## SEC filing metadata
- accession: 0001104659-23-089778
- form_type: 8-K
- ticker: UHG
- cik: 0001830188
- company_name: United Homes Group, Inc.
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1830188/000110465923089778/0001104659-23-089778-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1830188/000110465923089778/tm2323333d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-089778
- JSON: https://secwatch.observer/filing/0001104659-23-089778.json
- Plain text: https://secwatch.observer/filing/0001104659-23-089778.txt

## Key facts
- Earnings Releases
  United Homes Group, Inc. reported second quarter 2023 results: revenue $122.1 million.
  - Period: second quarter 2023
  - Revenue: $122.1 million
  - Result: reported results
  source text: RESULTS Second Quarter 2023 Highlights · Average sale price (ASP) of production-built homes increased to $313,000 from $300,000 in Q2 2022 · 385 homes closed resulted in $122.1 million of revenues · 341 net new home orders during Q2 2023 · Backlog value was $94.2 million as of June 30, 2023 · Active community count of 53 as of June 30, 2023 · Approximately
  evidence_url: https://www.sec.gov/Archives/edgar/data/1830188/000110465923089778/0001104659-23-089778-index.htm
- Earnings Releases
  United Homes Group, Inc. reported second quarter 2023 results: revenue $122.1 million.
  - Period: second quarter 2023
  - Revenue: $122.1 million
  - Result: reported results
  source text: Homebuilding revenues for the second quarter 2023 were $122.1 million, compared to $142.5 million in the second quarter 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1830188/000110465923089778/0001104659-23-089778-index.htm

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