secwatch.observer — SEC 8-K summary
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Issuer:     Smith Douglas Homes Corp. (SDHC)
CIK:        0001982518
Form:       8-K
Filed at:   2026-03-11T23:59:59+00:00
Accession:  0001628280-26-016653
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Smith Douglas Homes Q4 EPS $0.39, revenue $260.4M, gross margin 19.9%
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- Q4 home closings 780 (-7% YoY); home closing revenue $260.4M (-9% YoY).
- Q4 home closing gross margin 19.9% vs 25.5% YoY; pre-tax income $16.9M vs $30.0M.
- FY2025 record closings 2,908 (+1%); revenue $971.1M (-0.4%); EPS $1.19.
- Active communities up 28% to 100; controlled lots 22,268 (+14%).
- Debt-to-book capitalization increased to 9.0% from 0.8% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1982518/000162828026016653/0001628280-26-016653-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1982518/000162828026016653/sdhc-20260311.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-016653

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