EarningsQ2 2026 Earnings Report
DE:CCT Q2 2026 EPS Results
Actual EPS€1.16
Consensus EPS€0.57
Beat/MissBeat by +€0.59
One Year Ago EPS€1.22
DE:CCT Q2 2026 Revenue Results
Actual Revenue€811.31M
Expected Revenue€765.08M
Beat/MissBeat by +€46.23M
YoY Revenue Growth-7.75%
Earnings Announcement Details
QuarterQ2 2026
Date07/22/2026
TimeAfter Close
Conference CallWednesday, July 22, 2026
DE:CCT Upcoming Earnings
Century Communities's next earnings date is estimated for October 28, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:CCT Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted multiple operational and financial improvements: EPS growth (+11% YoY, +50% sequential), deliveries and orders that beat guidance, margin expansion (+30 bps adjusted gross margin), reduced direct construction costs (‑5% sequential), record community count (330) and a company record book value per share ($90.24). Management also raised full-year delivery and revenue guidance and executed share repurchases at substantial discounts to book value. Headwinds remain—primarily incentives (≈1,200 bps), SG&A pressure, macro uncertainty, potential vendor-driven land development cost increases, and elevated cancellation rates (13.2%). Increased ARM adoption (≈35%) helps affordability but creates longer-term rate-reset exposure. On balance, the positives around delivery/outperformance, margin improvement, cost control and capital allocation materially outweigh the challenges, though management continues to monitor incentives, input costs and rate-related demand risks.Company Guidance
Earnings Per Share Growth
GAAP net income of $36 million and diluted EPS of $1.26, an increase of 11% year-over-year and a 50% sequential increase.
Deliveries and Orders Beat Guidance
Delivered 2,506 homes in Q2, exceeding guidance of 2,200–2,400 and rising 25% sequentially. Net orders were 2,615 homes, up 3% year-over-year and 10% sequentially.
Revenue and Average Selling Price
Home sales revenues of $898 million in Q2 with an average sales price of $358,000.
Margin and Cost Improvements
Adjusted gross margin improved to 20%, up 30 basis points sequentially (GAAP homebuilding gross margin 18.1%, +30 bps). Direct construction costs on delivered homes declined ~5% sequentially and cycle times averaged a company-record 112 days (down year-over-year and sequentially).
Strong Balance Sheet and Capital Metrics
Book value per share reached a company record of $90.24. Ended quarter with $2.6 billion in stockholders' equity, $802 million of liquidity, net homebuilding debt to net capital of 31.9% and homebuilding debt-to-capital of 34.2% (basically consistent with prior year quarter).
Share Repurchases and Dividend
Repurchased 353,000 shares in the quarter for $20 million (average $55.54), representing a 38% discount to book value; year-to-date repurchases total 970,000 shares (~3% of shares outstanding) at an average 32% discount to book value. Quarterly cash dividend maintained at $0.32 per share.
Record Community Count and Land Position
Ended the quarter with a company record 330 open communities (average of 321 in Q2) and just over 60,000 owned and controlled lots. Company expects average community count in 2026 to increase in the low- to mid-single-digit percent range and continues to plan land acquisition & development spend of $1.0B–$1.2B for 2026.
Financial Services Contribution
Financial services revenue of $25 million in Q2 and pretax income of $10 million, benefiting from lower cost and a positive fair value adjustment.
Raised Full-Year Guidance
Raised full-year 2026 home delivery guidance to 9,750–10,500 homes and home sales revenue guidance to $3.5 billion–$3.8 billion (raised midpoint and low end of delivery guidance).
DE:CCT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed