Century Communities (CCS) investor relations material

Executive summary

• Q3 revenue was $864.5M, net income was $12.6M and diluted EPS was $0.44; adjusted net income was $28.8M and adjusted diluted EPS was $1.01.

• Higher mortgage rates and weaker buyer confidence pressured orders, deliveries and margins; FY2026 delivery and home sales revenue guidance was reduced to 9,350–9,650 homes and $3.3B–$3.4B.

• Ending communities reached a record 343; the Oct. 7 HistoryMaker acquisition expanded Dallas–Fort Worth scale and added 29 communities.

Financial highlights

• Total revenue was $864.5M versus $980.3M YoY; home sales revenue was $842.5M and financial services revenue was $21.2M.

• Net income was $12.6M versus $37.4M YoY; diluted EPS was $0.44 versus $1.25. Adjusted net income was $28.8M and adjusted diluted EPS was $1.01.

• Deliveries totaled 2,442 homes, down 1.8% YoY; average selling price was $345,000 versus $384,200.

• Net new contracts were 2,284, down 4.3% YoY; backlog was 1,106 homes valued at $414.0M.

• Adjusted EBITDA was $63.4M versus EBITDA of $37.1M; Q3 financial services pretax income was $6.2M.

Outlook and guidance

• FY2026 delivery guidance is 9,350–9,650 homes, including 100 HistoryMaker deliveries in Q4; home sales revenue guidance is $3.3B–$3.4B.

• Year-end community guidance is 360–370, including 29 HistoryMaker communities.

• Q4 closed-home incentives are expected 200–250 bps above Q3; adjusted homebuilding gross margin remains pressured by incentives needed to support sales pace.

• FY2026 SG&A is expected at ~14.5% of home sales revenue, with Q4 at 14%; full-year tax rate is expected at ~26%.