PulteGroup Reports Q1 2026 Earnings Results
PulteGroup (PHM) reported Q1 2026 earnings with a 7% decline in home sale revenues to $3.3 billion, driven by lower closings and average sales prices. The company saw a 3% increase in net new orders, with strong growth in Florida, but faced margin pressures due to increased incentives. The build-to-order mix rose to 43%.
Tickers: $PHM
Topics: Build-to-Order Mix Gross Margin Home Closings by Buyer Group Home Sale Revenues Net New Orders SG&A Expense Spec Inventory Reduction