PulteGroup reports Q3 earnings of $2.53 per share
Revenue fell to $3.86 billion as rising rates pressured closings and margins declined to 24.8%. The company repurchased $1 billion in stock YTD.
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American homebuilder
pultegroupinc.comLast updated
In short: PulteGroup reported weaker Q3 2026 earnings as rising mortgage rates pressured closings and margins.
Revenue fell to $3.86 billion as rising rates pressured closings and margins declined to 24.8%. The company repurchased $1 billion in stock YTD.
The company achieved a net income of $472 million, with new orders increasing 6% year-over-year.
Revenue fell to $3.3 billion while net new orders rose 3% to 8,034. The company increased share repurchase authorization by $1.5 billion.
The homebuilder posted net income of $502 million. It provided Q1 2026 closings guidance of 5,700-6,100 units with gross margins between 24.5% and 25.0%
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