United Homes Group, Inc ( (UHG) ) has released its Q3 earnings. Here is a breakdown of the information United Homes Group, Inc presented to its investors.
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United Homes Group, Inc. is a publicly traded residential builder headquartered near Columbia, SC, focusing on the design, construction, and sale of single-family houses in southeastern markets, employing a land-light operating strategy to manage lot supply risks.
In the third quarter of 2025, United Homes Group reported a decrease in home closings and revenue, reflecting broader market challenges in the homebuilding industry. Despite these challenges, the company saw an increase in the average sale price of homes and maintained a substantial lot pipeline.
Key financial metrics for the quarter included a 29% decrease in home closings to 262 units, resulting in a 23% revenue decline to $90.8 million. The average sale price of homes increased by 8.1% to approximately $346,000. The company reported a net loss of $31.3 million, influenced significantly by non-cash losses related to derivative liabilities.
Gross margin declined to 17.7%, impacted by increased discounting to support sales, although efforts to reduce direct construction costs provided some offset. The company concluded a strategic review, deciding to continue executing its strategic plan independently, despite recent board member resignations.
Looking ahead, United Homes Group remains focused on improving operational efficiencies and profitability while navigating market conditions and strategic challenges. The management is committed to executing key initiatives to position the company for future success.