---
schema_version: "secwatch.filing_event.v1"
accession: "0001830188-24-000014"
form_type: "8-K"
ticker: "UHG"
cik: "0001830188"
company_name: "United Homes Group, Inc."
filed_at: "2024-05-10T23:59:59+00:00"
generated_at: "2026-06-02T04:08:25.196138+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# United Homes Q1 net income $24.9M; home closings down 5% YoY

## Summary
- Net income $24.9M ($0.44/diluted) vs net loss $204.5M in Q1 2023; includes $26.4M non-cash derivative expense.
- Revenue $100.8M (+6% YoY); 311 home closings vs 328; production-built ASP ~$335K (+6.7%).
- Net orders 384 (flat YoY); active communities 63; available liquidity $92M.
- Entered up-to-$150M land fund agreement with Developers Capital Fund LLC.

## SEC filing metadata
- accession: 0001830188-24-000014
- form_type: 8-K
- ticker: UHG
- cik: 0001830188
- company_name: United Homes Group, Inc.
- filed_at: 2024-05-10T23:59:59+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/1830188/000183018824000014/0001830188-24-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1830188/000183018824000014/uhg-20240510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001830188-24-000014
- JSON: https://secwatch.observer/filing/0001830188-24-000014.json
- Plain text: https://secwatch.observer/filing/0001830188-24-000014.txt

## Key facts
- Earnings Releases
  United Homes Group, Inc. reported three months ended March 31, 2024 results: revenue $100.8 million, net income $24.9 million, or $0.44 per diluted share, EPS $0.44 per diluted share.
  - Period: three months ended March 31, 2024
  - Revenue: $100.8 million
  - Net income: $24.9 million, or $0.44 per diluted share
  - EPS: $0.44 per diluted share
  - Result: reported results
  source text: (EX-99.1) --- UNITED HOMES GROUP, INC. REPORTS 2024 FIRST QUARTER RESULTS First Quarter 2024 Highlights • 311 homes closed, resulting in revenue, net of sales discounts, of $100.8 million • Average sale price ("ASP") of production-built homes was approximately $335,000 compared to $314,000 in Q1 2023 • 384 net new home orders in Q1 2024 compared to 389 net new
  evidence_url: https://www.sec.gov/Archives/edgar/data/1830188/000183018824000014/0001830188-24-000014-index.htm

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