Smith Douglas Homes Corp. (SDHC) Financial Statements
Industry: Operative Builders
In fiscal 2025, Smith Douglas Homes reported revenue of $971.1M, down 0.4% from $975.5M the year before. Net income was $10.7M (a 1.1% net margin), or $1.19 per diluted share. Gross margin was 21.8% and operating margin was 7.5%. Operating activities generated -$31.3M of cash, leaving -$36.9M of free cash flow. At fiscal year end, Smith Douglas Homes held $557.6M in total assets against $113.5M in total liabilities, including $12.7M of cash and equivalents.
Open the full interactive Smith Douglas Homes financials → Quarterly statements, key ratios, valuation history and price charts.
Smith Douglas Homes Key Stats
| Share Price | $10.08 |
|---|---|
| Market Cap | $84.5M |
| P/E Ratio | 8.5 |
| Revenue YoY Growth | -0.4% |
| 52-Week Range | $9.75 – $22.16 |
| Shares Outstanding | 8.4 million (basic, 2026 Q2) |
Smith Douglas Homes Income Statement
| FY 2024 | FY 2025 | |
|---|---|---|
| Revenue | $975.5M | $971.1M |
| Gross Profit | — | $212.2M |
| Operating Income | — | $72.4M |
| Pre-Tax Income | $116.9M | $70.9M |
| Income Tax | $5.1M | $2.5M |
| Net Income | $16.1M | $10.7M |
| Diluted EPS | $1.81 | $1.19 |
Smith Douglas Homes Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $262.0M | $260.4M | $206.4M | $273.0M |
| Net Income | $2.1M | $3.5M | $565,000 | $246,000 |
| Diluted EPS | $0.24 | $0.38 | $0.06 | $0.03 |
Smith Douglas Homes Balance Sheet
| FY 2024 | FY 2025 | |
|---|---|---|
| Cash & Equivalents | $22.4M | $12.7M |
| Total Assets | $475.9M | $557.6M |
| Total Long-Term Debt | $3.1M | $44.1M |
| Total Liabilities | $74.2M | $113.5M |
| Shareholders' Equity | $73.6M | $86.7M |
Smith Douglas Homes Cash Flow Statement
| FY 2024 | FY 2025 | |
|---|---|---|
| Cash From Operations | — | -$31.3M |
| Cash From Investing | — | -$6.6M |
| Cash From Financing | — | $28.3M |
| Free Cash Flow | $0 | -$36.9M |
Figures from Smith Douglas Homes' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Smith Douglas Homes financials page for every line item.
Smith Douglas Homes Company Profile
| Ticker | SDHC |
|---|---|
| Exchange | NYSE |
| Industry | Operative Builders |
| Headquarters | Woodstock, Georgia |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer, smaller reporting company, emerging growth company |
| SEC CIK | 0001982518 |
Frequently Asked Questions
What was Smith Douglas Homes' revenue in fiscal 2025?
Smith Douglas Homes (SDHC) reported revenue of $971.1M for fiscal 2025.
What was Smith Douglas Homes' net income in fiscal 2025?
Smith Douglas Homes reported net income of $10.7M for fiscal 2025.
What was Smith Douglas Homes' earnings per share (EPS) in fiscal 2025?
Smith Douglas Homes' diluted EPS was $1.19 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Smith Douglas Homes generate in fiscal 2025?
Smith Douglas Homes generated -$36.9M of free cash flow in fiscal 2025.
What was Smith Douglas Homes' revenue last quarter?
In its most recent reported quarter (2026 Q2), Smith Douglas Homes reported revenue of $273.0M.
How much debt does Smith Douglas Homes have?
Smith Douglas Homes reported $44.1M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Smith Douglas Homes are outstanding?
Smith Douglas Homes reported a weighted average of 8.4 million basic shares outstanding in 2026 Q2.
What is Smith Douglas Homes' market cap?
Based on its latest closing price, Smith Douglas Homes (SDHC) has a market capitalization of about $84.5M.
When does Smith Douglas Homes' fiscal year end?
Smith Douglas Homes' fiscal year end, as registered with the SEC, is December 31.
Where is Smith Douglas Homes headquartered?
Smith Douglas Homes lists its business address in Woodstock, Georgia in its SEC filings.