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Sun Communities SUI Home costs and selling

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Other financials

Income statement

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Revenue$484.6M-22.3%
Gross profit$664.6M+28.6%
Net income-$1.0B-177%
EPS (diluted)-$8.08-181%

Balance sheet

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Cash & equivalents$165.2M-88.7%
Total debt$22.6M-51.5%
Total equity$5.5B-25.5%
Total assets$10.9B-18.7%

Cash flow

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Operating cash flow$535.2M+7.1%
CapEx$230.3M+36.9%
Free cash flow-$46.5M-330%

Valuation

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Market cap$14.67B-7.8%
Enterprise value$14.53B-10.4%
P/S6.8×+1.5×

Profitability

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Gross margin86.5%-4.4pp
Net margin-42.7%-97.1pp
FCF margin-6.1%-9.6pp

Returns & leverage

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Return on equity-14.3%-37.0pp
Debt / equity0.0×

Where this comes from

Reported directly by Sun Communities in its filing.

Tagged under the XBRL concept sui:CostOfHomesSold.

The source filing: Sun Communities’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 3:23 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q3 2026
Accession
0000912593-26-000234
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Expenses
Property operating and maintenance134.5131.0250.3240.1
Real estate tax27.626.554.951.3
Home costs and selling24.535.049.459.5
Ancillary17.218.126.326.8
General and administrative49.950.6108.597.6
Catastrophic event-related charges, net (see Note 14)0.80.41.30.3
Depreciation and amortization123.9117.3245.3232.0

Item 6. Exhibits [49](#i36fcae9f6528484c841552f612592e56_172)

FAQ

What is Sun Communities's home costs and selling?
Sun Communities (SUI) reported home costs and selling of $24.5M in Q2 2026.
How has Sun Communities's home costs and selling changed year-over-year?
Sun Communities's home costs and selling decreased by 68.1% year-over-year, from $76.8M to $24.5M.
What is the long-term trend for Sun Communities's home costs and selling?
Over 3 years (2022 to 2026), Sun Communities's home costs and selling has grown at a 8.6% compound annual growth rate (CAGR), from $205.8M to $263.8M.
What does home costs and selling mean?
The direct costs associated with the acquisition, refurbishment, and sale of manufactured homes. This metric is essential for calculating the gross margin on home sales activities.

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