Smith Douglas Homes Corp. (SDHC) Revenue History
Annual and quarterly revenue from 2021 to present
SDHC Revenue Over Time (2021–2025)
SDHC Revenue Growth History
3 of 4 years with positive growth- FY2021 revenue growth
- N/A
- FY2022 revenue growth
- +45.6%
- FY2023 revenue growth
- +1.2%
- FY2024 revenue growth
- +27.6%
- FY2025 revenue growth
- -0.4%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $206.4M | -8.1% |
| Q4 2025 | $260.4M | -9.4% |
| Q3 2025 | $262.0M | -5.7% |
| Q2 2025 | $223.9M | +1.4% |
| Q1 2025 | $224.7M | +18.8% |
| Q4 2024 | $287.5M | +32.3% |
| Q3 2024 | $277.8M | +40.6% |
| Q2 2024 | $220.9M | +21.7% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
SDHC's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
SDHC Revenue Analysis (2021–2025)
Current Revenue & Growth
As of June 29, 2026, Smith Douglas Homes Corp. (SDHC) generated trailing twelve-month (TTM) revenue of $952.8 million, reflecting moderate decline in growth of -8.1% year-over-year. The most recent quarter (Q1 2026) recorded $206.4 million in revenue, down 20.7% sequentially.
Historical Growth Trajectory
SDHC's historical revenue data shows a 3-year CAGR of +8.7%. Smith Douglas Homes Corp.'s highest annual revenue of $975.5 million was recorded in 2024.
Revenue by Segment
SDHC's revenue is primarily driven by Central (100%). With over half of revenue concentrated in Central, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Real Estate sector peers — including SKY (+7.3% YoY), LGIH (-22.6% YoY), and CVCO (+11.4% YoY) — SDHC has underperformed the peer group in revenue growth. Compare SDHC vs SKY →
SDHC Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| SDHCCurrent | $953M | -8.1% | - | 7.5% | |
 SKY | $2.7B | +7.3% | +13.4% | 9.5% | |
 LGIH | $1.7B | -22.6% | -6.4% | 4.7% | |
 CVCO | $2.2B | +11.4% | +15.2% | 10.2% | |
 GRBK | $2.0B | -6.6% | +15.9% | 20.1% | |
 TMHC | $8.1B | -9.0% | +5.8% | 14.0% |
SDHC Historical Revenue Data (2021–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $971.1M | -0.4% | $212.2M | 21.8% | $72.4M | 7.5% |
| 2024 | $975.5M | +27.6% | $255.5M | 26.2% | $119.2M | 12.2% |
| 2023 | $764.6M | +1.2% | $216.3M | 28.3% | $123.9M | 16.2% |
| 2022 | $755.4M | +45.6% | $222.8M | 29.5% | $139.7M | 18.5% |
| 2021 | $518.9M | - | $122.9M | 23.7% | $58.7M | 11.3% |
Intrinsic Valuation
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Historical Returns
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Peer Comparison
Compare growth, multiples, and margins vs sector.
SDHC — Frequently Asked Questions
Quick answers to the most common questions about buying SDHC stock.
Is SDHC's revenue growth accelerating or slowing?
SDHC revenue is declining -8.1% year-over-year. TTM revenue fell to $953M, contrasting with the 5-year CAGR of N/A. The reversal reflects either macro headwinds or company-specific challenges.
What is SDHC's revenue history from 2021 to 2026?
Smith Douglas Homes Corp. (SDHC) revenue history spans 2021 to 2026. TTM revenue as of 2026 is $953M, growing at -8.1% YoY. The 5-year CAGR is N/A. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is SDHC's long-term revenue growth rate (CAGR)?
Smith Douglas Homes Corp.'s 5-year revenue CAGR of N/A reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of -8.1% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for SDHC.
Why does SDHC's quarterly revenue fluctuate?
SDHC quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Smith Douglas Homes Corp.'s revenue data from 2021 to 2026 shows full historical quarterly detail on this page.
How is SDHC's revenue distributed by segment?
SDHC reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does SDHC's revenue compare to industry peers?
Smith Douglas Homes Corp. (SDHC) with TTM revenue of $953M and -8.1% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.