SHARPE
Reported results
- Homebuilding revenues increased 3% to $942 million for the third quarter of 2026 from $917 million in the third quarter of 2025.
- Home closings increased 3% to 1,967 for the third quarter of 2026 from 1,915 in the third quarter of 2025.
- Homebuilding gross margin was 14.9% compared to 17.5% in the prior year quarter.
- Adjusted homebuilding gross margin (non-GAAP) was 24.1% compared to 26.7% in the prior year quarter.
- Net income attributable to DFH was $7 million, or less than a one cent loss per basic share, compared to $47 million, or $0.47 per basic share in the prior year quarter.
- Selling, general and administrative expense % (SG&A %) was 15.3% in the third quarter of 2026 compared to 11.9% in the third quarter of 2025.
Guidance
- Maintains full-year 2026 guidance of approximately 9,250 home closings.
Notes
On October 20, 2026, the Company completed its acquisition of Beazer Homes USA, Inc. Results for the third quarter of 2026 include $23 million of one-time transaction costs related to the acquisition.
Price and volatility reaction
The stock moved +3.3% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -13.3 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 9.72 | 2026-10-28 |
| Close after release | 10.04 | 2026-10-29 |
| Realised move | +3.3% | close to close |
| 30d ATM IV change | -13.3 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.