---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-038324"
form_type: "8-K"
ticker: "UHG"
cik: "0001830188"
company_name: "United Homes Group, Inc."
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T07:32:29.806638+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# United Homes Group Q3 net income $150.8M includes $149.7M non-cash gain; orders up 55%

## Summary
- Net income $150.8M ($2.35 diluted EPS) includes $149.7M non-cash derivative gain; adjusted book value $93.3M.
- Revenue $87.7M, down 21% YoY; home closings 283 vs 343; ASP $316k flat.
- Net new home orders 272 (+55% YoY); October 2023 orders 118.
- Gross margin 19.8% (adj. 22.1%) vs 26.1% (adj. 27.5%) YoY due to incentives and higher lumber costs.
- Acquired Herring Homes (Raleigh, NC) and post-Q3 Rosewood Communities (Greenville, SC); available liquidity $130.0M.

## SEC filing metadata
- accession: 0001628280-23-038324
- form_type: 8-K
- ticker: UHG
- cik: 0001830188
- company_name: United Homes Group, Inc.
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1830188/000162828023038324/0001628280-23-038324-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1830188/000162828023038324/uhg-20231109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-038324
- JSON: https://secwatch.observer/filing/0001628280-23-038324.json
- Plain text: https://secwatch.observer/filing/0001628280-23-038324.txt

## Key facts
- Earnings Releases
  United Homes Group, Inc. reported the three and nine months ended September 30, 2023 results: revenue $87.7 million, net income $150.8 million, or $2.35 per diluted share, EPS $2.35 per diluted share.
  - Period: the three and nine months ended September 30, 2023
  - Revenue: $87.7 million
  - Net income: $150.8 million, or $2.35 per diluted share
  - EPS: $2.35 per diluted share
  - Result: reported results
  source text: (EX-99.1) --- UNITED HOMES GROUP, INC. REPORTS 2023 THIRD QUARTER RESULTS Third Quarter 2023 Highlights • 283 homes closed, resulting in revenue, net of sales discounts, of $87.7 million • Average sale price ("ASP") of production-built homes was approximately $316,000 compared to $315,000 in Q3 2022 • 272 net new home orders in Q3 2023 compared to 175 net new
  evidence_url: https://www.sec.gov/Archives/edgar/data/1830188/000162828023038324/0001628280-23-038324-index.htm

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