M/I HOMES, INC. (MHO) Q3 2025 10-Q Quarterly Report

Filed: Oct 24, 2025Period ending Sep 30, 2025
Industrials
Operative BuildersSEC EDGAR

M/I HOMES, INC. (MHO) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Oct 24, 2025 for the fiscal period ending Sep 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

M/I HOMES, INC. Q3 2025 10-Q Analysis

Risk Factors

  • New inventory impairment risk: Q3 2025 recorded $6.0M inventory impairment and $1.6M land deposit write-offs due to land portfolio optimization amid market uncertainty
  • Updated operational risk: Homebuilding gross margin declined 360 bps to 21.5% in Q3 2025 from 25.1% in Q3 2024 due to higher lot costs (+$18.7M) and interest rate buydowns (+$10.8M)
+3 more insights

M/I HOMES, INC. Q3 2025 Quarterly Financials
XBRL

Revenue

$1.1B

-1.0% YoY -2.6% QoQ

Net Income

$106M

-26.8% YoY -12.2% QoQ

Operating Margin

12.0%

-397bp YoY -144bp QoQ

Net Margin

9.4%

-332bp YoY -102bp QoQ

ROE

3.4%

Total Assets

$4.8B

EPS (Diluted)

$3.92

-23.0% YoY -11.3% QoQ

Operating Cash Flow

$43M

+163.9% YoY +15.0% QoQ

Source: XBRL data from M/I HOMES, INC. Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.

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