Tri Pointe Homes, Inc. Reports 2026 Third Quarter Results

(NYSE:TPH) Tri Pointe Homes, Inc. reported third quarter 2026 results for the period ended September 30, 2026. Home sales revenue for the quarter was $706.8 million, down from $817.3 million in the third quarter of 2025. New home deliveries totaled 1,084 homes compared to 1,217 homes in the prior year period. The average sales price of homes delivered was $652,000, compared to $672,000 in Q3 2025. Homebuilding gross margin percentage was 17.6%, compared to 20.6% in the prior year; excluding inventory-related charges of $21.1 million, the gross margin percentage was 20.6%. Adjusted homebuilding gross margin percentage, excluding interest, impairments, and lot option abandonments, was 23.7%. SG&A expense as a percentage of home sales revenue was 14.2%, up from 12.9% in Q3 2025. Income before income taxes was $35.6 million, compared to $76.9 million in the prior year quarter. Adjusted income before income taxes, excluding $21.1 million of inventory-related impairment charges and immaterial transaction-related expenses, was $56.8 million. Net new home orders were 794, down from 995, and the cancellation rate increased to 16% from 12%. The company averaged 168.5 active selling communities, up from 152.0, with net new home orders per average selling community at 4.7 orders (1.6 per month), compared to 6.5 orders (2.2 per month) in Q3 2025. Backlog units at quarter end were 1,204 homes, with a dollar value of $871.2 million and an average sales price of $724,000, compared to 1,298 homes, $1.0 billion, and $781,000, respectively, in the prior year. As of September 30, 2026, the ratio of homebuilding debt-to-capital was 25.9% and net homebuilding debt-to-net capital was 19.7%. The company ended the quarter with total liquidity of approximately $1.1 billion, including $325.9 million in cash and cash equivalents and $822.8 million of availability under its revolving credit facility. For the nine months ended September 30, 2026, home sales revenue was $1,898,374,000, compared to $2,417,916,000 in the prior year period. Homebuilding gross margin for the nine months was $343,190,000, with a margin percentage of 18.1%. SG&A expense for the nine months was $413,543,000. The company delivered 2,833 new homes in the nine months, compared to 3,583 in the prior year. As of September 30, 2026, Tri Pointe Homes owned or controlled 32,444 lots, had 2,165 homes under construction, and 530 completed, unsold homes. Total homebuilding debt was $1,103,415,000, and stockholders’ equity was $3,164,423,000. Total assets as of September 30, 2026, were $4,838,000,000. The company operates in the United States.

Tri Pointe Homes Named to 2026 Fortune Best Workplaces for Women™ List for the Fifth Consecutive Year

(NYSE:TPH) Tri Pointe Homes announced it has been named to the Fortune Best Workplaces for Women™ list for the fifth consecutive year, as recognized by Great Place To Work and Fortune magazine. Heather Breidenthal, Chief Human Resources Officer of Tri Pointe Homes, stated that this recognition is a direct reflection of the experiences of women across the organization and emphasized the company's ongoing investment in supporting women's career growth. The Best Workplaces for Women list was determined by analyzing survey responses from more than 640,000 women at Great Place To Work Certified™ companies. To be eligible for the list, companies must employ at least 50 women, have women comprise at least 20% of non-executive managers, and have at least one female C-suite executive. In 2025, 49% of Tri Pointe Homes' new hires were women. As of December 31, 2025, women held 43% of all management positions at the company. According to the 2025 Homebuilder Diversity Benchmarking Survey, Tri Pointe Homes exceeded industry benchmark averages for women in corporate executive roles, management positions, field sales, and overall workforce representation. The company has expanded access to careers in construction and customer care, with ongoing efforts such as college recruiting and internships to increase early-career pathways for women. Tri Pointe Homes offers a customized six-month leadership development program in partnership with the University of Wisconsin, with three cohorts completed to date and women representing 40% of participants. The company provides benefit-eligible team members with an annual allowance toward Carrot services, supporting fertility, adoption, and other family-forming needs. In the 2026 engagement survey, 97% of team members reported that people are treated fairly regardless of gender, exceeding the 2026 100 Best Benchmark. Tri Pointe Homes also received additional workplace honors in 2026, including being named to the Fortune 100 Best Companies to Work For, Fortune Best Workplaces in Construction, and the PEOPLE Companies that Care list.

Tri Pointe Homes, Inc. Reports 2026 First Quarter Results

Tri Pointe Homes, Inc. (NYSE:TPH) announced its first quarter results for the period ended March 31, 2026. The company previously entered into a Merger Agreement on February 13, 2026, with Sumitomo Forestry Co., Ltd. and Teton NewCo, Inc. Under this agreement, Teton NewCo, Inc. will merge with and into Tri Pointe Homes, Inc., making it an indirect wholly owned subsidiary of Sumitomo Forestry. Key conditions for the merger, including stockholder approval and expiration or termination of the Hart-Scott-Rodino Act waiting period, have been satisfied, but the merger remains subject to other conditions outlined in the agreement.