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Smith Douglas Homes SDHC Abandonment of lot option contracts

Abandonment of lot option contracts at other companies

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Segments

By segment

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Southeast Reporting Segment$3.9M
Central Reporting Segment$600K

Other financials

Income statement

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Revenue$273.0M+21.9%
Gross profit$47.9M-7.7%
Net income$246.0K-89.6%
EPS (diluted)$0.03-88.5%

Balance sheet

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Cash & equivalents$14.2M-15.4%
Total debt$2.7M+18.5%
Total equity$79.5M-0.6%
Total assets$592.1M+3.8%

Cash flow

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Operating cash flow$4.5M+116%
CapEx$599.0K-71.8%
Free cash flow$3.9M+113%

Valuation

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Market cap$116.32M-25.5%
Enterprise value$104.81M-26.0%
P/E18×+7.2×
P/S0.1×0.0×

Profitability

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Gross margin19.5%-5.4pp
Net margin0.6%-0.8pp
FCF margin-3.9%-7.3pp

Returns & leverage

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Return on equity8.1%-12.3pp
Debt / equity0.0×

Where this comes from

Reported directly by Smith Douglas Homes in its filing.

Tagged under the XBRL concept sdhc:AbandonmentOfLotOptionContracts.

The source filing: Smith Douglas Homes’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:12 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-054313
Line itemSix months ended June 30, 2026Six months ended June 30, 2025
Depreciation1,7721,066
Accrued incentive compensation expense489384
Share-based payment expense2,7441,581
Abandonment of lot option contracts4,490716
Impairment of real estate inventory4,074642
Amortization of debt issuance costs406456
Equity in earnings from unconsolidated entities(1,313)(817)
Distributions of income from unconsolidated entities1,327747

Item 1. Financial Statements.

FAQ

What is Smith Douglas Homes's abandonment of lot option contracts?
Smith Douglas Homes (SDHC) reported abandonment of lot option contracts of $4.49M in Q2 2026.
What does abandonment of lot option contracts mean?
Abandonment of lot option contracts as reported by Smith Douglas Homes Corp..

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