M/I Homes reports Q3 2026: Revenue $1.08B, Net Income $66.6M, Adjusted EPS $2.70
M/I Homes reported Q3 2026 revenue of $1.08B and net income of $66.6M, with adjusted EPS of $2.70. New contracts decreased 2% YoY, while homes delivered fell 2%. The company's backlog declined 7% in units and 9% in value. Shareholders' equity reached a record $3.3B, and $50M of common stock was repurchased.
How this was made

The 30-second read
Why it matters
The earnings numbers provide fresh guidance for the homebuilder sector and set a baseline for upcoming quarterly expectations.
Market read
The report offers actionable data for traders targeting the residential construction space.
What to watch
Backlog decline and lower average sales price may signal weakening demand despite cash strength.
Background
M/I Homes (MHO) released its Q3 2026 earnings via an 8‑K filing, highlighting revenue, earnings, share repurchase and balance‑sheet metrics.
Ticker impact
M/I Homes disclosed its Q3 2026 earnings, reporting revenue, net income, adjusted EPS and a $50M share repurchase.
potential slight upside if results exceed forecasts, downside pressure if they fall short
First report of the quarter's numbers; no prior public disclosure; typical earnings‑driven move for a mid‑cap homebuilder.
Market effects
Homebuilding sector may see comparable moves; investors will compare MHO to peers on pricing and backlog trends.
U.S. residential construction outlook slightly adjusted based on MHO's backlog and pricing data.
Limited; primarily affects U.S. housing‑related equities.
Counterpoint
If the market expects a stronger rebound, the modest revenue growth could trigger a sell‑off.
Key entities
- companyM/I Homes
U.S. homebuilder reporting Q3 2026 results.

