PulteGroup Q3 Net Income Falls 19% to $475.73 Million

Bitget2026/10/22 10:32

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PulteGroup's third-quarter 2026 diluted earnings fell 15% year over year to $2.53 per share.
Home sale revenues dropped 9% to $3.9 billion, reflecting a 9% decline in closings to 6,876 homes.
Home sale gross margin narrowed to 24.8%, including $26 million in land impairments.
Net new orders declined 6% to 6,208 homes, while backlog reached 10,298 homes.
CEO Ryan Marshall said rising interest rates stretched affordability further and pushed more consumers to the sidelines.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PulteGroup Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20261022407731) on October 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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PulteGroup Q3 Net Income Falls 19% to $475.73 Million

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