PHM Q3 FY2026 earnings: results, stock reaction and implied move

Reported results

GAAP net income was $476 million, or $2.53 per diluted share, for the third quarter of 2026.
GAAP home sale revenues were $3.9 billion in the third quarter.
Home sale gross margin was 24.8% in the third quarter.
Net new orders in the quarter totaled 6,208 homes with a value of $3.5 billion.
Non-GAAP debt-to-capital ratio was 12.1% as of September 30, 2026.

Notes

Reported third quarter home sale gross margin includes $26 million, or approximately 70 basis points, of land impairments.

Price and volatility reaction

The stock moved +5.8% on the print. No front-expiry chain was on file, so there is no straddle expected move.

Measure	Value	Basis
Close before release	112.89	2026-10-21
Close after release	119.48	2026-10-22
Realised move	+5.8%	close to close

Price and volatility reaction. Closes either side of the release. No front-expiry chain on file for a straddle expected move. SharpeIQ — listed option chain and price_history

Source

The figures above come from the earnings release the company filed with the SEC on 2026-10-22 (8-K, Item 2.02). Read the original filing on sec.gov.

PulteGroup, Inc. (PHM) Q3 FY2026 earnings