Smith Douglas Homes (SDHC) Cost of Revenue (2023 - 2026)
Smith Douglas Homes (SDHC) posted quarterly Cost of Revenue of $166.0 million for Q1 2026, down 3.04% year-over-year from $171.2 million in Q1 2025, and down 20.46% quarter-over-quarter from $208.7 million in Q4 2025.
Smith Douglas Homes (SDHC) Cost of Revenue (2023 - 2026) Analysis & Trends
Smith Douglas Homes (SDHC) has reported Cost of Revenue for 4 consecutive years, with $166.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue fell 3.04% year-over-year to $166.0 million; the TTM figure through Mar 2026 stood at $753.7 million (changed 0.32% YoY), while the FY2025 annual figure was $758.9 million, up 5.42% from the prior year.
- Cost of Revenue fell to $166.0 million in Q1 2026 per SDHC's latest filing, from $208.7 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $214.2 million in Q4 2024 and bottomed at $119.6 million in Q1 2023.
- Historically, Cost of Revenue has averaged $168.7 million across 4 years, with a median of $166.0 million in 2026.
- Annual changes were most pronounced in 2024 — Cost of Revenue surged 45.25% — and 2026, when it declined 3.04%.
- Smith Douglas Homes' Cost of Revenue stood at $159.3 million in 2023, then surged by 34.42% to $214.2 million in 2024, then declined by 2.55% to $208.7 million in 2025, then slipped by 20.46% to $166.0 million in 2026.
- Business Quant data shows SDHC's Cost of Revenue at $166.0 million in Q1 2026, $208.7 million in Q4 2025, and $207.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Howard Hughes Holdings | 3.94 Bn | 3.94 Bn | 1.07 Bn | 55.21 Mn |
| 2 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.04 Bn | 3.04 Bn | - | - |
| 3 | Century Communities | 2.01 Bn | 1.92 Bn | 190.18 Mn | 737.05 Mn |
| 4 | Forestar | 1.49 Bn | 1.10 Bn | 84.10 Mn | 322.90 Mn |
| 5 | Five Point Holdings | 389.23 Mn | 39.86 Mn | -23.72 Mn | 37.62 Mn |
| 6 | Belpointe PREP | 187.10 Mn | 187.10 Mn | - | - |
| 7 | Amrep | 122.80 Mn | 70.12 Mn | 4.41 Mn | 6.61 Mn |
| 8 | Logistic Properties of the Americas | 106.67 Mn | 106.67 Mn | - | - |
| 9 | Smith Douglas Homes | 103.50 Mn | 89.30 Mn | 47.92 Mn | 225.11 Mn |
| 10 | JFB Construction Holdings | 76.81 Mn | 68.84 Mn | 1.33 Mn | 6.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 225.11 Mn |
| Jun 30, 2026 | 225.11 Mn |
| Mar 31, 2026 | 165.99 Mn |
| Mar 31, 2026 | 165.99 Mn |
| Dec 31, 2025 | 208.70 Mn |
| Dec 31, 2025 | 208.70 Mn |
| Sep 30, 2025 | 207.07 Mn |
| Sep 30, 2025 | 207.07 Mn |
| Jun 30, 2025 | 171.99 Mn |
| Jun 30, 2025 | 171.99 Mn |
| Mar 31, 2025 | 171.19 Mn |
| Mar 31, 2025 | 171.19 Mn |
| Dec 31, 2024 | 214.16 Mn |
| Dec 31, 2024 | 214.16 Mn |
| Sep 30, 2024 | 204.14 Mn |
| Sep 30, 2024 | 204.14 Mn |
| Jun 30, 2024 | 161.88 Mn |
| Jun 30, 2024 | 161.88 Mn |
| Mar 31, 2024 | 139.75 Mn |
| Mar 31, 2024 | 139.75 Mn |