M/I Homes, Inc. (MHO) Financials

Key financial figures for M/I Homes, Inc. (Q3 2026).

M/I Homes Q3 2026 diluted EPS fell to $2.56 from $3.92 as gross margin slipped to 20.9% and revenue declined 5% to $1.08 billion. Revenue fell 5% to $1,076.1 million; homes delivered fell 2% to 2,241 and the average closing price was $460,000 versus $477,000. Net income was $66.6 million ($2.56 per diluted share) versus $106.5 million ($3.92); adjusted diluted EPS, which adds back $4.7 million of pre-tax inventory charges, was $2.70 versus $4.14. Gross margin was 20.9% (21.3% excluding inventory charges), calculated at 23.9% a year earlier from the income statement; pre-tax income fell 38% to $86.9 million. Figures are for Q3 2026, as M/I Homes, Inc. reported them.

Revenue
$1.1B
Net Income
$67M
EPS
$2.62
Total Assets
$4.9B
Operating Cash Flow
-$13M

Recent quarters

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
Q3 FY2026$1.1B$67M$2.56-$22M
Q2 FY2026$1.1B$79M$3.02
Q1 FY2026$921M$68M$2.55$136M
Q4 FY2025$1.1B$64M$2.396.51%-$13M
Q3 FY2025$1.1B$106M$3.92$42M

Recent fiscal years

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
FY2025$4.4B$403M$14.7411.47%$121M
FY2024$4.5B$564M$19.71$171M
FY2023$4.0B$465M$16.21$546M

Frequently asked questions

What was M/I Homes, Inc.'s revenue last quarter?

M/I Homes, Inc. reported revenue of $1.08 billion for Q3 FY2026, down 4.9% from the same period a year earlier.

Is M/I Homes, Inc. profitable?

Yes. M/I Homes, Inc. reported net income of $66.6 million for Q3 FY2026, a net margin of 6.18% on revenue.

How much free cash flow did M/I Homes, Inc. generate?

M/I Homes, Inc. generated free cash flow of -$22.5 million in Q3 FY2026, after capital expenditure.

Full income statement, balance sheet and cash flow for M/I Homes, Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.