# Smith Douglas Homes Corp.: overview

SDHC · NYSE · CIK 1982518 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/sdhc.md) · [Financials](/companies/sdhc/financials.md) · [Filings](/companies/sdhc/filings.md) · [Insiders](/companies/sdhc/insiders.md)

Latest reported revenue: [$273.0m](/filings/0001628280-26-054313.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 6, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001628280-26-054313).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [278](/filings/0001628280-25-049591.md) | [287 d](/filings/0001628280-26-017245.md) | [225](/filings/0001628280-26-028919.md) | [224](/filings/0001628280-26-054313.md) | [262](/filings/0001628280-25-049591.md) | [260 d](/filings/0001628280-26-017245.md) | [206](/filings/0001628280-26-028919.md) | [273](/filings/0001628280-26-054313.md) |
| Gross margin | % | [26.5%](/filings/0001628280-25-049591.md) | [25.5% d](/filings/0001628280-26-017245.md) | [23.8%](/filings/0001628280-26-028919.md) | [23.2%](/filings/0001628280-26-054313.md) | [21.0%](/filings/0001628280-25-049591.md) | [19.9% d](/filings/0001628280-26-017245.md) | [19.6%](/filings/0001628280-26-028919.md) | [17.6%](/filings/0001628280-26-054313.md) |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [1.9%](/filings/0001628280-25-049591.md) | [1.4% d](/filings/0001628280-26-017245.md) | [1.2%](/filings/0001628280-26-028919.md) | [1.1%](/filings/0001628280-26-054313.md) | [0.8%](/filings/0001628280-25-049591.md) | [1.4% d](/filings/0001628280-26-017245.md) | [0.3%](/filings/0001628280-26-028919.md) | [0.1%](/filings/0001628280-26-054313.md) |
| Diluted EPS | $ per share | [0.58](/filings/0001628280-25-049591.md) | not reported | [0.30](/filings/0001628280-26-028919.md) | [0.26](/filings/0001628280-26-054313.md) | [0.24](/filings/0001628280-25-049591.md) | not reported | [0.06](/filings/0001628280-26-028919.md) | [0.03](/filings/0001628280-26-054313.md) |
| Free cash flow | $m | [22.3 d](/filings/0001628280-25-049591.md) | [4.8 d](/filings/0001628280-26-017245.md) | [(35.9)](/filings/0001628280-26-028919.md) | [(31.1) d](/filings/0001628280-26-054313.md) | [21.4 d](/filings/0001628280-25-049591.md) | [8.7 d](/filings/0001628280-26-017245.md) | [(0.2)](/filings/0001628280-26-028919.md) | [3.9 d](/filings/0001628280-26-054313.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: |
| Revenue | $m | [765](/filings/0001982518-25-000007.md) | [975](/filings/0001628280-26-017245.md) | [971](/filings/0001628280-26-017245.md) |
| Gross margin | % | [28.3%](/filings/0001982518-25-000007.md) | [26.2%](/filings/0001628280-26-017245.md) | [21.8%](/filings/0001628280-26-017245.md) |
| Operating margin | % | not reported | not reported | not reported |
| Net margin | % | [16.1%](/filings/0001982518-25-000007.md) | [1.6%](/filings/0001628280-26-017245.md) | [1.1%](/filings/0001628280-26-017245.md) |
| Diluted EPS | $ per share | not reported | [1.81](/filings/0001628280-26-017245.md) | [1.19](/filings/0001628280-26-017245.md) |
| Free cash flow | $m | [74.9](/filings/0001982518-25-000007.md) | [15.2](/filings/0001628280-26-017245.md) | [(36.9)](/filings/0001628280-26-017245.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:ProfitLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Net income: us-gaap:NetIncomeLoss.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/sdhc/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Conifer Management, L.L.C.](/funds/1773994.md) | 2026-06-30 | $22.3m | 1,433,350 |  | Unchanged |
| [KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC](/funds/1021223.md) | 2026-06-30 | $15.1m | 974,282 |  | Reduced −366,939 |
| [BECK MACK & OLIVER LLC](/funds/10742.md) | 2026-06-30 | $13.0m | 835,065 |  | Reduced −15,528 |
| [WELLINGTON MANAGEMENT GROUP LLP](/funds/902219.md) | 2026-06-30 | $9.7m | 622,625 |  | Reduced −136,171 |
| [WASATCH ADVISORS LP](/funds/814133.md) | 2026-06-30 | $8.3m | 531,223 |  | Reduced −55,532 |
| [First Eagle Investment Management, LLC](/funds/1325447.md) | 2026-06-30 | $6.3m | 404,274 |  | Added +19,500 |
| [First Eagle Investment Management, LLC](/funds/1325447.md) | 2026-06-30 | $6.3m | 404,274 |  | Added +19,500 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $5.7m | 364,949 |  | Reduced −31,816 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $3.2m | 208,862 |  | Added +49,230 |
| [MARSHALL WACE, LLP](/funds/1318757.md) | 2026-06-30 | $2.5m | 163,864 |  | Added +61,989 |

## Recent filings

[All 169 filings](/companies/sdhc/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-06 | 20:12 ET | [10-Q](/filings/0001628280-26-054313.md) | Quarterly report, period 2026-06-30 | 0001628280-26-054313 |
| 2026-08-06 | 11:06 ET | [8-K](/filings/0001628280-26-053827.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-053827 |
| 2026-06-10 | 20:25 ET | [8-K](/filings/0001628280-26-042232.md) | 5.07 Shareholder vote results | 0001628280-26-042232 |
| 2026-04-30 | 20:19 ET | [10-Q](/filings/0001628280-26-028919.md) | Quarterly report, period 2026-03-31 | 0001628280-26-028919 |
| 2026-04-29 | 11:01 ET | [8-K](/filings/0001628280-26-028106.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-028106 |
| 2026-04-22 | 20:26 ET | [DEF 14A](/filings/0001628280-26-026561.md) | Proxy statement, period 2025-12-31 | 0001628280-26-026561 |
| 2026-03-12 | 20:13 ET | [10-K](/filings/0001628280-26-017245.md) | Annual report, period 2025-12-31 | 0001628280-26-017245 |
| 2026-03-11 | 11:03 ET | [8-K](/filings/0001628280-26-016653.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-016653 |
| 2025-11-05 | 21:18 ET | [10-Q](/filings/0001628280-25-049591.md) | Quarterly report, period 2025-09-30 | 0001628280-25-049591 |
| 2025-11-05 | 12:00 ET | [8-K](/filings/0001628280-25-049232.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-25-049232 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001628280-26-017245.md), filed Mar 12, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/80acced7-8cbf-40b1-a666-9d21f8898548)

## About the filer

- CIK: 1982518
- Tickers: SDHC
- Exchange: NYSE
- SIC code: 1531 Operative Builders
- State of incorporation: DE
- Filer category: Accelerated filer<br>Smaller reporting company<br>Emerging growth company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:50 ET. No prices; not investment advice.
