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Century Communities Reports Third Quarter 2026 Results

$CCSPress releaseOct 28, 2026, 4:05 PM ETRead the release

Century Communities reported Q3 2026 total revenues of $864.5 million, down roughly 12% year-over-year, with GAAP net income of $12.6 million ($0.44 diluted EPS) versus $37.4 million ($1.25) a year ago — a 66% decline. Home sales prices fell 10.2% yoy to $345,000, GAAP homebuilding gross margin compressed to 15.0% including $19.6 million of inventory impairment, and net new contracts declined 4.3%. CFO Scott Dixon guided full-year deliveries down to 9,350-9,650 homes on elevated mortgage rates.

Key figures

Eps
0.44
Revenue
864467000
Guidance
FY2026 home deliveries 9,350-9,650 homes (including 100 HistoryMaker deliveries in Q4); home sales revenues $3.3B-$3.4B
Revenue Yoy
-11.8%
Ebitda
37127000
Buyback
$11.6 million (169,903 shares)
Deliveries
2442
Adjusted eps
1.01
Backlog homes
1106
Backlog value
413956000
Deliveries yoy
-1.8%
Net income yoy
-66.3%
Adjusted ebitda
63412000
Community count
343
Total liquidity
863800000
Net new contracts
2284
Revolver capacity
1200000000
Dividend per share
0.32
Adjusted net income
28797000
Average sales price
345000
Gaap eps prior year
1.25
Book value per share
90.61
Inventory impairment
19605000
Net new contracts yoy
-4.3%
Adjusted eps prior year
1.52
Average sales price yoy
-10.2%
Homebuilding debt to capital
36.8%
Gaap homebuilding gross margin
15.0%
Adjusted homebuilding gross margin
19.3%

AI analysis

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