Century Communities reported second-quarter 2026 results with total revenues of $927.2 million and net income of $36.1 million, or $1.26 per diluted share. Adjusted net income was $37.3 million, or $1.30 per diluted share, and adjusted homebuilding gross margin was 20.0%. The company ended the quarter with a record 330 selling communities and book value per share of $90.24.

Financial Highlights

  • Total revenues: $927.2 million for the three months ended June 30, 2026.
  • Home sales revenues: $897.5 million for the quarter.
  • Homebuilding gross profit: $162.2 million, representing an 18.1% homebuilding gross margin; adjusted homebuilding gross margin was 20.0%.
  • Net income: $36.1 million, or $1.26 per diluted share; adjusted net income: $37.3 million, adjusted diluted EPS: $1.30.
  • Adjusted EBITDA: $78.2 million; EBITDA: $71.0 million for the quarter.

Business Highlights

  • Deliveries: 2,506 homes in Q2 2026 with an average sales price of $358,200; net new home contracts of 2,615 for the quarter.
  • Backlog: 1,264 homes in backlog, representing $469.3 million of backlog value as of June 30, 2026.
  • Selling communities: increased sequentially to a company record of 330 open communities.
  • Inventory and lot position: total lot inventory of 60,128 lots (33,681 owned; 26,447 controlled) as of June 30, 2026.
  • Balance sheet / liquidity: stockholders' equity of $2.6 billion and total liquidity of $802.4 million (including $132.0 million cash and escrow); repurchased 352,811 shares for $19.6 million and maintained quarterly dividend of $0.32 per share.

Original SEC Filing:

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