Smith Douglas Homes (SDHC) Operating Expenses (2023 - 2026)
Smith Douglas Homes' Operating Expenses came in at $41.91 million for Q2 2026, up 20.8% from $34.7 million a year earlier and up 16.7% from the prior quarter.
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Analysis
Smith Douglas Homes (SDHC) Operating Expenses (2023 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Smith Douglas Homes reported Operating Expenses of $149.91 million, up 3.6% year-over-year; for FY2025, it came in at $139.78 million, up 2.5% from FY2024.
- Going back by year, Operating Expenses was $136.38 million in FY2024 (+47.5%) and $92.44 million in FY2023.
- The Q2 2026 figure represents the highest quarterly Operating Expenses since Q4 2024.
- Year-over-year, Operating Expenses increased in seven of the last eight quarters, with growth averaging 18.9%.
- The fastest year-over-year change in Operating Expenses over five years came in Q4 2024 (growth of 54.5%), and the weakest in Q4 2025 (a decline of 16.1%).
- Business Quant data shows SDHC's Operating Expenses at $35.91 million (Q1 2026), $35.99 million (Q4 2025) and $36.09 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 43.89 Bn | 34.20 Bn | 2.15 Bn | 991.20 Mn |
| 2 | Pultegroup | 25.40 Bn | 18.76 Bn | 1.07 Bn | 397.20 Mn |
| 3 | Lennar | 21.84 Bn | 12.21 Bn | 618.54 Mn | 7.59 Bn |
| 4 | Nvr | 16.88 Bn | 11.02 Bn | 482.36 Mn | 135.02 Mn |
| 5 | Toll Brothers | 14.71 Bn | 10.09 Bn | 625.22 Mn | 266.07 Mn |
| 6 | Champion Homes | 5.23 Bn | 2.44 Bn | 185.60 Mn | 119.82 Mn |
| 7 | Cavco Industries | 5.16 Bn | 4.11 Bn | 147.61 Mn | 77.71 Mn |
| 8 | Meritage Homes | 4.64 Bn | 1.61 Bn | 410.22 Mn | 45.17 Mn |
| 9 | M | 3.46 Bn | 649.29 Mn | - | 989.19 Mn |
| 10 | Smith Douglas Homes | 82.83 Mn | 21.98 Mn | 42.72 Mn | 40.38 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 40.38 Mn |
| Jun 30, 2026 | 41.91 Mn |
| Mar 31, 2026 | 35.91 Mn |
| Dec 31, 2025 | 35.99 Mn |
| Sep 30, 2025 | 36.09 Mn |
| Jun 30, 2025 | 34.70 Mn |
| Mar 31, 2025 | 33.00 Mn |
| Dec 31, 2024 | 42.90 Mn |
| Sep 30, 2024 | 34.14 Mn |
| Jun 30, 2024 | 31.81 Mn |
| Mar 31, 2024 | 27.54 Mn |
| Dec 31, 2023 | 27.77 Mn |
| Sep 30, 2023 | 22.95 Mn |
| Jun 30, 2023 | 21.93 Mn |
| Mar 31, 2023 | 19.79 Mn |
API Access
Smith Douglas Homes Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=SDHC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "SDHC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=SDHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();