Smith Douglas Homes Corp. (NYSE: SDHC) (“Smith Douglas” or the “Company”) today announced second quarter results for the three and six months ended June 30, 2026.

Q2 2026 Results as compared to Q2 2025:

• Home closings increased 25% to 839
• Home closing revenue increased 22% to $273.0 million
• Home closing gross margin of 17.6% compared to 23.2%
• Net new home orders increased 32% to 970
• Backlog homes increased 17% to 1,000
• Pretax income of $1.9 million, which includes $7.6 million of real estate inventory impairment and lot option contract abandonment charges, compared to $17.2 million
• Earnings of $0.03 per diluted share compared to $0.26
• Debt-to-book capitalization of 13.2% compared to 9.0% at December 31, 2025
• Active community count increased 20% to 110 at quarter end
• Total controlled lots of 23,527
• Repurchased 312,351 shares of Class A common stock for $4.4 million

“We delivered another quarter of solid operational execution, generating strong year-over-year growth in both net new home orders and home closings despite a market that remains uncertain and constantly evolving,” said Greg Bennett, Chief Executive Officer and Vice Chairman of Smith Douglas Homes. “Our teams continued to help buyers find the right combination of affordability, personalization, and value, while maintaining our disciplined operations and industry-leading build times. We believe this performance reflects the strength of our operating model and positions us well for continued long-term growth.”

Mr. Bennett continued, “While the housing market continues to face affordability challenges and macroeconomic uncertainty, we remain encouraged by underlying demand and the resilience of today's homebuyer.”

Russ Devendorf, Executive Vice President and Chief Financial Officer, added, “Our second quarter results demonstrate that we can continue growing while remaining disciplined in how we operate the business. We expanded our community count, increased sales, and continued to execute our land-light land strategy without compromising our underwriting standards. As we scale across the Southeastern and Southern United States, we remain focused on generating attractive returns, preserving balance sheet flexibility, and creating long-term value for our shareholders.”

Conference Call & Webcast Information

Management will host a conference call to discuss the Company’s results at 8:30 a.m. Eastern Time on August 6, 2026. Interested parties can dial in using the numbers below or access the call via a webcast link provided in the investor relations section of the company’s website.

Dial-in Numbers:
Local: (+1) 585-542-9983
Toll Free: (+1) 833-461-5787
Conference ID: 284 191 644

A replay of the call will be available on the Company’s website shortly after the call concludes.