10-Q · April 30, 2026
Beazer Homes reported Q2 fiscal 2026 earnings with total revenue of $409.8 million, falling short of both estimates and the previous year's figures. The company experienced a significant net loss with an EPS of -$0.03,…
Earnings analysis · 10-Q
BZH earnings analysis
Filed August 7, 2026 · Our reading of the company's report
The latest report
Beazer Homes generated $516.306 million of revenue in the quarter, a strong sequential recovery from $410 million but a decline from $545 million a year earlier. The company reported a diluted loss of $0.16 per share:…
Read full summary
Beazer Homes generated $516.306 million of revenue in the quarter, a strong sequential recovery from $410 million but a decline from $545 million a year earlier. The company reported a diluted loss of $0.16 per share: better than the $0.34 consensus loss, but worse than both the prior-quarter $0.03 loss and prior-year $0.01 loss. The balance sheet remains exposed to interest rates, with $420.0 million of variable-rate debt and a modeled $4.4 million annual interest-expense increase for a 1% rate increase; no material risk-factor changes were disclosed.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $-0.16
What stood out
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Revenue Rebounded Sequentially
Revenue was $516.306 million, up from $410 million in the prior quarter but down from $545 million in the prior-year quarter. Revenue exceeded the $510.433 million consensus estimate by approximately $5.9 million.
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EPS Beat Estimates, Deteriorated YoY
Diluted EPS was a loss of $0.16, better than the $0.34 estimated loss, but weaker than the $0.03 loss in the prior quarter and the $0.01 loss in the prior-year quarter.
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Share Repurchases Continued
The company repurchased 1,000,490 shares during April at an average price of $21.01 per share. Remaining authorization under the $100.0 million program was $21.3 million as of June 30, 2026.
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Controls Remained Effective
Management disclosed that disclosure controls were effective as of June 30, 2026 at a reasonable assurance level, and reported no changes in internal control that materially affected the quarter.
What to watch
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Interest-Rate Exposure
Variable-rate debt totaled approximately $420.0 million as of June 30, 2026. A 1% increase in rates would raise interest expense by approximately $4.4 million over the following twelve months.
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Material Debt Obligations
Fixed-rate debt had an estimated fair value of $1.00 billion versus a carrying amount of $989.1 million as of June 30, 2026, highlighting material debt-market-value exposure.
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Existing Risks Remain Unchanged
The company stated that there were no material changes to the risk factors disclosed in its September 30, 2025 Form 10-K; therefore, existing housing-market, interest-rate and liquidity risks remain relevant rather than being resolved.
Management's outlook
The 10-Q does not provide explicit numeric revenue or EPS guidance; outlook was not quantified in the extracted MD&A information.
Earlier filings 4
10-Q · August 1, 2024
Beazer reported Q3 revenue of $595.682M and diluted EPS of $0.88. Revenue rose vs the prior quarter and prior year, but gross margin compressed to 17.3% and operating margin fell to 4.8%; the company materially…
10-Q · May 1, 2024
Beazer reported quarterly revenue of $541.54M (three months ended March 31, 2024), essentially flat vs. $543.91M a year ago, while diluted EPS rose to $1.26 from $1.13 a year ago. Gross profit and operating income…
10-Q · February 1, 2024
Beazer reported Q1 revenue of $386,818,000 (down from $444,928,000 a year earlier), diluted EPS of $0.70 (versus $0.80) and operating income of $20,265,000 (versus $28,502,000). The company materially built inventory to…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.