SHARPE
Reported results
- Net revenue was $656.4 million, up 17.9% compared to $556.5 million in the second quarter of the prior year.
- Net income per diluted share was $7.17, up 9% compared to $6.55 in the prior year quarter.
- Income before income taxes was $73 million, up 9.1% compared to $67 million in the same period in the prior year.
- Factory-built housing Gross profit as a percentage of Net revenue was 21.1%, down from 22.9% in the same period in the prior year.
- Financial services Gross profit as a percentage of Net revenue was 60.2%, compared to 55.6% in the same period in the prior year.
- Selling, general and administrative expenses included a one-time $7 million benefit from a return of insurance premium, which favorably impacted Net income per diluted share by $0.70.
Price and volatility reaction
The stock moved +13.1% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved +20.9 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 547.25 | 2026-10-29 |
| Close after release | 619 | 2026-10-30 |
| Realised move | +13.1% | close to close |
| 30d ATM IV change | +20.9 vol pts | constant-maturity series, not the front expiry |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-10-29 (8-K, Item 2.02). Read the original filing on sec.gov.