FY2025 · ended Dec 31, 2025 · Revenue $971.12M, -0.4% YoY · Filed Mar 12, 2026
Smith Douglas Homes Corp. (SDHC) files with the SEC under industry code 1531, Operative Builders. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $971.1 million and net income of $10.7 million. Free cash flow was -$36.9 million. As of Sep 30, 2026 it held $5.9 million in cash and investments and $3.2 million in total debt.
Revenue (TTM)
$1.00B
+0.4% vs year-ago TTM
Net income (TTM)
$4.91M
-56.5% vs year-ago TTM
Operating cash flow (TTM)
$-18.73M
+47.4% vs year-ago TTM
Free cash flow (TTM)
$-22.42M
+45.1% vs year-ago TTM
EPS (TTM)
$0.56
+206.8% vs year-ago TTM
Dividend per share
None
Shares outstanding
—
Net cash
$2.69M
as of Sep 30, 2026
Operating margin
—
Company profile
- Industry
- Operative Builders (SIC 1531)
- Listed as
- SDHC (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Woodstock, GA
- SEC filer status
- , Emerging growth company
- SEC CIK
- 1982518
Other Operative Builders companies
- Horton D R Inc /DE/ DHI
- Pultegroup INC/MI/ PHM
- NVR Inc NVR
- Toll Brothers, Inc. TOL
- Everus Construction Group, Inc. ECG
- Meritage Homes CORP MTH
- M/I Homes, Inc. MHO
- KB Home KBH
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
|---|---|---|
| Revenue | $971.1M | $975.5M |
| Net income | $10.7M | $16.1M |
| Diluted EPS | $1.19 | $1.81 |
| Operating cash flow | -$31.3M | $19.1M |
| Free cash flow | -$36.9M | $15.2M |
| Total assets | $557.6M | $475.9M |
| Total liabilities | $113.5M | $74.2M |
| Stockholders' equity | $86.7M | $73.6M |
| Cash and investments | $12.7M | $22.4M |
| Total debt | $2.0M | $3.2M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 4, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Nov 4, 2026 | Nov 4, 2026 |
| 10-Q | Quarterly report | Aug 6, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 6, 2026 | Aug 6, 2026 |
| 8-K |
Current report
Shareholder vote results
|
Jun 10, 2026 | Jun 4, 2026 |
| 10-Q | Quarterly report | Apr 30, 2026 | Mar 31, 2026 |
All 174 Smith Douglas Homes Corp. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.