10-Q quarterly report · filed Jul 31, 2026

M/I HOMES, INC. (MHO) Q2 2026 10-Q Quarterly Report

Short answer

M/I HOMES, INC. (MHO) filed its Q2 2026 10-Q quarterly report on Jul 31, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $1.1B (down 8.5% year over year) with net income of $79M.

Q2 2026 key financials · XBRL

Revenue
$1.1B
−8.5% YoY · +15.5% QoQ
Net income
$79M
−34.8% YoY · +16.6% QoQ
Operating margin
9.5%
EPS (diluted)
$3.02
−31.7% YoY · +18.4% QoQ

Source: XBRL data from the M/I HOMES, INC. (MHO) Q2 2026 10-Q on SEC EDGAR. USD.

M/I HOMES, INC. Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $1.06B, down 9% YoY from $1.16B, driven by fewer deliveries and lower average selling prices
  • Gross margin 22.1% vs 24.7% YoY; homebuilding margin 19.7% vs 22.6%
  • Southern homebuilding revenue $578.3M, operating income $49.9M; Northern revenue $452.6M, operating income $58.2M
  • Operating cash flow and cash position figures not provided; land acquisitions $210.3M and development $259.1M
  • Outlook: elevated rates, affordability pressure, inflation, tariffs and uncertainty may persist through remainder of 2026; average communities targeted up 5%

Risk Factors

  • No risk-factors section provided; supplied text covers Items 2–6 only
  • Share-repurchase liquidity constraint from 2028 Senior Notes indenture, limited to the positive restricted-payments basket
  • $120.3 million remaining under 2025 Share Repurchase Program after $383,000 quarterly purchases
  • No defaults upon senior securities reported for quarter ended June 30, 2026
  • No director or officer trading-arrangement changes under Regulation S-K Item 408(a)

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

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