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PulteGroup, Inc. Reports First Quarter 2026 Financial Results

$PHMPress releaseApr 23, 2026, 6:30 AM ETRead the release

PulteGroup reported Q1 home sale revenues of $3.3 billion, a 12% decrease from the prior year, with earnings per share dropping to $1.79 from $2.57. Despite the revenue decline, net new orders increased 3% year-over-year to 8,034 homes valued at $4.6 billion, while the unit backlog totaled 10,427 homes valued at $6.5 billion.

Key figures

Eps
1.79
Revenue
$3.3 billion
Revenue Yoy
-12%
Backlog units
10427
Backlog value
$6.5 billion
Net new orders
8034
Net new orders value
$4.6 billion
Home sale gross margin
24.4%
Share repurchase quarter
$308 million
Buyback authorization increase
$1.5 billion

AI analysis

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