Smith Douglas Homes (SDHC) Operating Income (2023 - 2026)

Smith Douglas Homes (SDHC) recorded quarterly Operating Income of $4.5 million in Q1 2026, down 71.16% quarter-over-quarter from $15.7 million in Q4 2025, and down 77.89% on a YoY basis from $20.5 million in Q1 2025.

Smith Douglas Homes (SDHC) Operating Income (2023 - 2026) Analysis & Trends

Smith Douglas Homes' Operating Income history runs 4 years deep, the most recent figure standing at $4.5 million for Q1 2026.

  • In Q1 2026, Operating Income fell 77.89% year-over-year to $4.5 million; the TTM figure through Mar 2026 stood at $56.4 million (down 52.11% YoY), while the FY2025 annual figure was $72.4 million, down 39.25% from the prior year.
  • Operating Income was $4.5 million for Q1 2026 at Smith Douglas Homes, down from $15.7 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $39.6 million in Q3 2024 to a low of $4.5 million in Q1 2026.
  • Historically, Operating Income has averaged $24.6 million across 4 years, with a median of $27.2 million in 2024.
  • The sharpest annual moves came in 2024 and 2026: Operating Income rose 15.88% in 2024, then sank 77.89% in 2026.
  • A 4-year view of Operating Income shows it stood at $30.2 million in 2023, then climbed by 0.65% to $30.4 million in 2024, then tumbled by 48.28% to $15.7 million in 2025, then slumped by 71.16% to $4.5 million in 2026.
  • The last three Operating Income figures came in at $4.5 million (Q1 2026), $15.7 million (Q4 2025), and $18.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Vesta Real Estate Corporation, S.A.B. de C.V 19.65 Bn 19.45 Bn - 69.10 Mn
2 Howard Hughes Holdings 3.99 Bn 2.22 Bn 182.88 Mn 50.68 Mn
3 Century Communities 1.70 Bn 1.62 Bn 637.90 Mn 615.69 Mn
4 Forestar 1.48 Bn 1.12 Bn 80.20 Mn 42.30 Mn
5 Five Point Holdings 361.15 Mn 1.49 Bn 13.58 Mn -9.64 Mn
6 Sky Harbour 317.31 Mn 324.50 Mn 7.09 Mn -6.00 Mn
7 Belpointe PREP 180.46 Mn 161.50 Mn - -
8 Amrep 138.84 Mn 88.35 Mn 14.23 Mn 3.01 Mn
9 Smith Douglas Homes 121.76 Mn 447.61 Mn 40.45 Mn 4.54 Mn
10 JFB Construction Holdings 88.07 Mn 62.81 Mn 681,192.00 -2.02 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.54 Mn
Dec 31, 2025 15.74 Mn
Sep 30, 2025 18.88 Mn
Jun 30, 2025 17.24 Mn
Mar 31, 2025 20.53 Mn
Dec 31, 2024 30.43 Mn
Sep 30, 2024 39.56 Mn
Jun 30, 2024 27.25 Mn
Mar 31, 2024 21.92 Mn
Dec 31, 2023 30.24 Mn
Sep 30, 2023 34.14 Mn
Jun 30, 2023 30.77 Mn
Mar 31, 2023 28.74 Mn