M/I Homes Quarterly Income Statement
NYSE: MHOConsumer DiscretionaryHomebuildingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
M/I Homes revenue and earnings
In the quarter ended Jun 30, 2026, M/I Homes generated $1.06 billion in revenue, down 8.5% from the same quarter a year earlier. Net income was $79.1 million (-34.8% year over year), for a net margin of 7.4% versus a median of 9.4% in the prior 5 quarters. Gross margin was 22.1% (down from 24.7%) and operating margin 9.5%.
Diluted earnings per share came in at $3.02, down from $4.42.
Summary generated from market data by MetaCap's automated system. Methodology
M/I Homes income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.06B | 920.71M | 1.15B | 1.13B | 1.16B | 976.09M | 1.21B | 1.14B | 1.11B | 1.05B | 972.59M | 1.05B |
| Revenue growth (YoY) | -8.54% | -5.67% | -4.81% | -0.97% | +4.76% | -6.75% | +23.92% | +9.23% | +9.44% | +4.61% | -20.08% | +3.30% |
| Cost of Revenue | 827.76M | 718.12M | 947.18M | 854.12M | 875.97M | 723.31M | 908.45M | 833.47M | 800.50M | 763.36M | 728.20M | 764.64M |
| Gross Profit | 235.50M | 202.59M | 200.13M | 277.67M | 286.62M | 252.78M | 296.82M | 309.44M | 309.28M | 283.34M | 244.39M | 281.73M |
| Operating Expenses | 134.22M | 116.53M | 125.49M | 142.40M | 130.90M | 111.86M | 132.83M | 127.45M | 122.49M | 110.02M | 114.54M | 109.60M |
| Selling, General & Admin | 134.22M | 116.53M | 133.07M | 134.81M | 130.90M | 111.86M | 132.83M | 127.45M | 122.49M | 110.02M | 114.54M | 109.60M |
| Operating Income | 101.28M | 86.06M | 74.64M | 135.27M | 155.72M | 140.92M | 163.99M | 181.99M | 186.79M | 173.32M | 129.85M | 172.13M |
| Pretax Income | 104.56M | 89.17M | 80.55M | 139.82M | 160.09M | 146.12M | 170.56M | 188.67M | 194.14M | 180.24M | 137.97M | 177.96M |
| Income Tax | 25.50M | 21.34M | 16.58M | 33.33M | 38.85M | 34.88M | 37.09M | 43.22M | 47.39M | 42.18M | 32.69M | 38.95M |
| Net Income | 79.07M | 67.83M | 63.97M | 106.49M | 121.24M | 111.24M | 133.47M | 145.45M | 146.75M | 138.06M | 105.28M | 139.02M |
| Net Income growth (YoY) | -34.79% | -39.02% | -52.07% | -26.79% | -17.38% | -19.43% | +26.77% | +4.63% | +24.36% | +33.95% | -19.26% | +5.64% |
| EPS (Basic) | 3.08 | 2.61 | 2.47 | 4.01 | 4.52 | 4.07 | 4.85 | 5.26 | 5.26 | 4.92 | 3.80 | 4.98 |
| EPS (Diluted) | 3.02 | 2.55 | 2.42 | 3.92 | 4.42 | 3.98 | 4.71 | 5.10 | 5.12 | 4.78 | 3.63 | 4.82 |
| Shares Outstanding (Basic) | 25.67M | 26.01M | — | 26.54M | 26.84M | 27.31M | — | 27.64M | 27.88M | 28.05M | — | 27.91M |
| Shares Outstanding (Diluted) | 26.19M | 26.56M | — | 27.19M | 27.41M | 27.94M | — | 28.53M | 28.67M | 28.89M | — | 28.84M |
| EBITDA | 105.63M | 90.14M | 78.64M | 139.26M | 159.56M | 144.61M | 167.62M | 185.66M | 190.33M | 176.62M | 133.20M | 175.35M |
| Gross Margin | 22.15% | 22.00% | 17.44% | 24.53% | 24.65% | 25.90% | 24.63% | 27.07% | 27.87% | 27.07% | 25.13% | 26.92% |
| Operating Margin | 9.53% | 9.35% | 6.51% | 11.95% | 13.39% | 14.44% | 13.61% | 15.92% | 16.83% | 16.56% | 13.35% | 16.45% |
| Net Margin | 7.44% | 7.37% | 5.58% | 9.41% | 10.43% | 11.40% | 11.07% | 12.73% | 13.22% | 13.19% | 10.82% | 13.29% |
This table shows 12 quarterly periods of M/I Homes's income statement, from Q2 2026 back to Q3 2023, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow MHO's reporting calendar. What is a income statement?