Company: SDHC
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001628280-25-049591
Chunk: 98

Company: Smith Douglas Homes Corp.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 8
Chunk 98
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994 16,976 54,970 Less:(1)Selling, general, and administrative expenses(2)17,106 9,748 26,854 Other segment items(3)34 1,835 1,869 Segment profit20,854 5,393 26,247 Corporate selling, general, and administrative costs(4)9,234 Other corporate items(5)(223)Income before income taxes$17,236 Three months endedSeptember 30, 2024SoutheastCentralTotalHome closing revenue$189,128 $88,707 $277,835 Cost of home closings134,918 69,222 204,140 Home closing gross profit54,210 19,485 73,695 Less:(1)Selling, general, and administrative expenses(2)14,429 8,153 22,582 Other segment items(3)16 1,570 1,586 Segment profit39,765 9,762 49,527 Corporate selling, general, and administrative costs(4)11,555 Other corporate items(5)(1,613)Income before income taxes$39,585 

29

Nine Months Ended September 30, 2025SoutheastCentralTotalHome closing revenue$446,110 $264,577 $710,687 Cost of home closings334,738 215,510 550,248 Home closing gross profit111,372 49,067 160,439 Less:(1)Selling, general, and administrative expenses(2)44,512 27,501 72,013 Other segment items(3)160 2,818 2,978 Segment profit66,700 18,748 85,448 Corporate selling, general, and administrative costs(4)31,776 Other corporate items(5)(310)Income before income taxes$53,982 Nine Months Ended September 30, 2024SoutheastCentralTotalHome closing revenue$417,015 $270,962 $687,977 Cost of home closings294,572 211,192 505,764 Home closing gross profit122,443 59,770 182,213 Less:(1)Selling, general, and administrative expenses(2)35,948 24,716 60,664 Other segment items(3)127