---
schema_version: "secwatch.filing_event.v1"
accession: "0001576940-22-000036"
form_type: "8-K"
ticker: "CCS"
cik: "0001576940"
company_name: "Century Communities, Inc."
filed_at: "2022-04-27T23:59:59+00:00"
generated_at: "2026-06-26T04:06:10.976138+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Century Communities Q1 net income up 40% to $142.5M; record gross margin 28.3%

## Summary
- Net income record $142.5M ($4.20 diluted EPS), +40% YoY; pre-tax income $188.8M (+44%).
- Home sales revenue $988.4M; deliveries 2,348 (down 16% YoY) due to supply chain; ASP $421K.
- Adjusted homebuilding gross margin 29.5% (record); pre-tax income margin 18.6% (record); ROE 33.7% (record).
- Backlog record 5,247 homes valued at $2.2B (+28% and +37% YoY); net new contracts 2,944.
- Dividend raised 33% to $0.20/sh; repurchased 1.0M shares for $62.4M; reaffirms FY guidance 11,500-12,500 closings.

## SEC filing metadata
- accession: 0001576940-22-000036
- form_type: 8-K
- ticker: CCS
- cik: 0001576940
- company_name: Century Communities, Inc.
- filed_at: 2022-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1576940/000157694022000036/0001576940-22-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1576940/000157694022000036/ccs-20220427x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001576940-22-000036
- JSON: https://secwatch.observer/filing/0001576940-22-000036.json
- Plain text: https://secwatch.observer/filing/0001576940-22-000036.txt

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