10-Q quarterly report · filed Jan 29, 2026

BEAZER HOMES USA INC (BZH) Q4 2025 10-Q Quarterly Report

Short answer

BEAZER HOMES USA INC (BZH) filed its Q4 2025 10-Q quarterly report on Jan 29, 2026 for the quarter ended Dec 31, 2025. Quarterly revenue was $363M (down 22.5% year over year) with net income of −$33M.

Q4 2025 key financials · XBRL

Revenue
$363M
−22.5% YoY
Net income
−$33M
−1141.4% YoY
Operating margin
-8.8%
Gross margin
10.2%
EPS (diluted)
−$1.13
−1230.0% YoY

Source: XBRL data from the BEAZER HOMES USA INC (BZH) Q4 2025 10-Q on SEC EDGAR. USD.

BEAZER HOMES USA INC Q4 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $363.5M, down from $469.0M YoY, driven by homebuilding revenue falling 21.9% to $359.7M
  • Total gross margin 10.2% vs 15.4% YoY; operating margin (8.8)% vs 0.5%
  • Southeast best orders, up 11.2% to 129; West worst revenue, down 24.6% to $220.2M
  • Land spend $180.7M vs $211.3M; buybacks 697,000 shares for $15.1M, with accelerated repurchases expected
  • Near-term headwinds: weak sentiment, affordability pressure, mortgage rates in low 6% range, discounts and incentives needed

Risk Factors

  • No material changes to risk factors disclosed in the September 30, 2025 Form 10-K
  • Carried-forward risk disclosure unchanged; no newly triggered risk identified
  • NOL and energy-efficiency tax-credit protection rights agreement dated November 12, 2025
  • Share-repurchase authorization reduced to $72.3 million as of December 31, 2025

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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