Short answer
M/I HOMES, INC. (MHO) filed its Q1 2026 10-Q quarterly report on Apr 24, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $921M (down 5.7% year over year) with net income of $68M.
Q1 2026 key financials · XBRL
- Revenue
- $921M
- −5.7% YoY
- Net income
- $68M
- −39.0% YoY
- Operating margin
- 9.3%
- EPS (diluted)
- $2.55
- −35.9% YoY
Source: XBRL data from the M/I HOMES, INC. (MHO) Q1 2026 10-Q on SEC EDGAR. USD.
M/I HOMES, INC. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $920.7M, down 6% YoY from $976.1M, with net income $67.8M vs $111.2M
- Gross margin 22.0% vs 25.9% YoY; homebuilding margin 19.3% vs 23.4%
- Best segment Southern revenue $512.6M; worst Northern revenue $376.9M, down from $410.4M
- Outlook: elevated mortgage rates, affordability constraints, tariffs, inflation, and geopolitical uncertainty; average community count targeted up 5% in 2026
Risk Factors
- No risk-factors section provided; submitted text covers equity repurchases and other information
- Share-repurchase authorization: $250 million under the Second 2025 Share Repurchase Program
- Repurchases reduced remaining authorization to $170.4 million at March 31, 2026
- 2028 Senior Notes indenture limits dividends and share repurchases to the restricted-payments basket
- JPMorgan Master Repurchase Agreement amended April 16, 2026
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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