PulteGroupPHMEarnings & Financial Report
PulteGroup, Inc. is an American residential home-construction company based in Atlanta, Georgia, United States. As of 2023, the company is the third-largest home-construction company in the United States based on the number of homes closed. In total, the company has built over 775,000 homes.
Revenue
$4.6B
Gross Profit
$1.4B
Operating Profit
N/A
Net Profit
$809.1M
Gross Margin
31.4%
Operating Margin
N/A
Net Margin
17.6%
YoY Growth
9.8%
EPS
$3.83
PulteGroup Q2 FY2024 Financial Summary
PulteGroup reported revenue of $4.6B (up 9.8% YoY) for Q2 FY2024, with a net profit of $809.1M (up 12.3% YoY) (17.6% margin). Cost of goods sold was $3.2B.
Key Financial Metrics
| Total Revenue | $4.6B |
|---|---|
| Net Profit | $809.1M |
| Gross Margin | 31.4% |
| Operating Margin | N/A |
| Report Period | Q2 FY2024 |
Revenue Breakdown
PulteGroup Q2 FY2024 revenue of $4.6B breaks down across 3 segments, led by Home Building Sales at $4.4B (96.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Home Building Sales | $4.4B | 96.7% |
| Financial Services | $111.7M | 2.4% |
| Land | $39.8M | 0.9% |
PulteGroup Revenue by Segment — Quarterly Trend
PulteGroup revenue by segment across the last 4 reported quarters, showing how each business line (such as Home Building Sales and Financial Services) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Financial Services | $71.7M | $93.4M | $103.3M | $101.2M |
| Land | — | $39.4M | — | $34.6M |
PulteGroup Annual Revenue by Year
PulteGroup annual revenue history includes year-by-year totals (for example, 2025 revenue was $17.3B).
| Year | Annual Revenue |
|---|---|
| 2025 | $17.3B |
| 2024 | $17.9B |
PulteGroup Quarterly Revenue & Net Profit History
PulteGroup results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $3.4B | -12.4% | $347.0M | 10.2% |
| Q4 FY2025 | $4.6B | -6.3% | $501.6M | 10.9% |
| Q3 FY2025 | $4.4B | -1.6% | $585.8M | 13.3% |
| Q2 FY2025 | $4.4B | -4.3% | $608.5M | 13.8% |
| Q1 FY2025 | $3.9B | -1.4% | $522.8M | 13.4% |
| Q4 FY2024 | $4.9B | — | $913.2M | 18.6% |
| Q3 FY2024 | $4.5B | +11.8% | $697.9M | 15.6% |
| Q2 FY2024 | $4.6B | +9.8% | $809.1M | 17.6% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.60B | $4.48B | $4.92B | $3.89B | $4.40B | $4.40B | $4.61B | $3.41B |
| YoY Growth | 9.8% | 11.8% | N/A | -1.4% | -4.3% | -1.6% | -6.3% | -12.4% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $16.54B | $16.96B | $17.36B | $17.34B | $17.59B | $17.85B | $18.05B | $5.24B |
| Liabilities | $5.32B | $5.39B | $5.24B | $5.04B | $5.01B | $5.02B | $5.06B | $-7.71B |
| Equity | $11.22B | $11.56B | $12.12B | $12.30B | $12.57B | $12.83B | $12.99B | $12.95B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $417.5M | $455.9M | $567.6M | $134.2M | $287.5M | $678.4M | $771.1M | $159.8M |