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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›SDHC›Financials
Annual statements · SEC XBRL · FY2023 – FY2025

Smith Douglas Homes Corp. (SDHC) financials

Income statement

Smith Douglas Homes Corp. (SDHC) income statement, annual, from SEC filings
Fiscal yearFY2023FY2024FY2025
Revenue$765M$975M$971M
Revenue growth—27.6%-0.4%
Gross profit$216M$256M$212M
Gross margin28.3%26.2%21.8%
Net income$123M$16.1M$10.7M
Net margin16.1%1.6%1.1%
EPS (diluted)—$1.81$1.19

Cash flow

Smith Douglas Homes Corp. (SDHC) cash flow, annual, from SEC filings
Fiscal yearFY2023FY2024FY2025
Operating cash flow$76.3M$19.1M-$31.3M
Capital expenditures$1.31M$3.89M$5.52M
Free cash flow$74.9M$15.2M-$36.9M

Balance sheet

Smith Douglas Homes Corp. (SDHC) balance sheet, annual, from SEC filings
Fiscal yearFY2023FY2024FY2025
Cash & equivalents$19.8M$22.4M$12.7M
Total assets$353M$476M$558M
Total liabilities$144M$74.2M$113M
Shareholders' equity$209M$73.6M$86.7M
Retained earnings—$15.4M$26.1M
Shares (wtd avg diluted)—9.06M9.21M

Every figure is extracted from Smith Douglas Homes Corp.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Smith Douglas Homes Corp.'s annual revenue?
Smith Douglas Homes Corp. (SDHC) reported $971M of revenue for fiscal year 2025 — down 0.4% from $975M in FY2024, per its annual report filed with the SEC.
Is Smith Douglas Homes Corp. profitable?
Yes — SDHC earned $10.7M of net income in FY2025, a 1.1% net margin, per SEC filings.
What is Smith Douglas Homes Corp.'s free cash flow?
-$36.9M in FY2025 (operating cash flow -$31.3M minus $5.52M of capital expenditures), from the SEC cash-flow statement.
Does SDHC pay a dividend?
Smith Douglas Homes Corp. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full SDHC analysis — verdict, score & filings →Is SDHC a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.