What is Beazer Homes USA, Inc.'s finished spec homes?

Beazer Homes USA, Inc. (BZH) reported finished spec homes of $183.9M in Q1 2026.

How has Beazer Homes USA, Inc.'s finished spec homes changed year-over-year?

Beazer Homes USA, Inc.'s finished spec homes increased by 54.0% year-over-year, from $119.4M to $183.9M.

What is the long-term trend for Beazer Homes USA, Inc.'s finished spec homes?

Over 4 years (2021 to 2025), Beazer Homes USA, Inc.'s finished spec homes has grown at a 109.5% compound annual growth rate (CAGR), from $11.2M to $215.6M.

Beazer Homes USA, Inc. BZH Finished spec homes

Other financials

Income statement

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Revenue$409.8M-27.5%

Gross profit$48.7M-43.4%

Operating income-$19.0M-242%

Net income-$904.0K-107%

EPS (diluted)-$0.03-107%

Balance sheet

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Cash & equivalents$120.4M+11.0%

Total debt$1.3B+13.7%

Total equity$1.2B-4.7%

Total assets$2.8B+3.9%

Cash flow

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Operating cash flow-$63.5M-1,951%

CapEx$7.8M-0.5%

Free cash flow-$71.3M-1,516%

Valuation

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Market cap$751.95M+14.8%

Enterprise value$1.88B+14.3%

P/S0.4×+0.1×

Profitability

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Gross margin12.6%-4.0pp

Operating margin-1.4%-5.6pp

Net margin-0.2%-4.1pp

FCF margin-3.3%—

Returns & leverage

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Return on equity-0.3%-8.3pp

Debt / equity1.1×+0.2×

Where this comes from

Reported directly by Beazer Homes USA, Inc. in its filing.

Tagged under the XBRL concept bzh:InventoryHomesUnderConstructionSpecHomesFinished.

The official record: Beazer Homes USA, Inc.’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Beazer Homes USA, Inc.'s finished spec homes?: Beazer Homes USA, Inc. (BZH) reported finished spec homes of $183.9M in Q1 2026.
How has Beazer Homes USA, Inc.'s finished spec homes changed year-over-year?: Beazer Homes USA, Inc.'s finished spec homes increased by 54.0% year-over-year, from $119.4M to $183.9M.
What is the long-term trend for Beazer Homes USA, Inc.'s finished spec homes?: Over 4 years (2021 to 2025), Beazer Homes USA, Inc.'s finished spec homes has grown at a 109.5% compound annual growth rate (CAGR), from $11.2M to $215.6M.