贝哲房屋 2026年季度报告

FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the Quarterly Period Ended December31, 2025or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIESEXCHANGE ACT OF 1934 Commission File Number 001-12822_____________________________________________________________ BEAZER HOMES USA, INC. (Exact name of registrant as specified in its charter)_____________________________________________________________ (770) 829-3700(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Sections 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2)has been subject to the filing requirements for the past 90 days.Yes☒No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required tosubmit such files).Yes☒No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company” and "emerging growth company" in Rule 12b-2 of the Exchange Act: Large acceleratedfiler☒Accelerated filer☐Non-acceleratedfiler☐Smaller reportingcompany☐Emerging growthcompany☐If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Number of shares of common stock outstanding as of January26, 2026: 29,506,806 BEAZER HOMES USA, INC.TABLE OF CONTENTS PART I. FINANCIAL INFORMATION2Item1. Financial Statements2Condensed Consolidated Balance Sheets as of December 31, 2025 and September 30, 2025 (Unaudited)2Condensed Consolidated Statements of Operations for the three months ended December 31, 2025 and 2024(Unaudited)3Condensed Consolidated Statements of Stockholders' Equity for the three months ended December 31, 2025 and 2024(Unaudited)4Condensed Consolidated Statements of Cash Flows for the three months ended December 31, 2025 and 2024(Unaudited)5Notes to Condensed Consolidated Financial Statements6Item2. Management’s Discussion and Analysis of Financial Condition and Results of Operations25Item3. Quantitative and Qualitative Disclosures About Market Risk38Item4. Controls and Procedures38 PART II. OTHER INFORMATIONItem1. Legal ProceedingsItem 1A. Risk FactorsItem 2. Unregistered Sales of Equity Securities and Use of ProceedsItem5. Other InformationItem6. Exhibits SIGNATURES PART I. FINANCIAL INFORMATION BEAZER HOMES USA, INC.CONDENSED CONSOLIDATED BALANCE SHEETS(Unaudited) BEAZER HOMES USA, INC.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(Unaudited) Three Months EndedDecember 31,in thousands (except per share data)20252024Total revenue$363,491$468,953Home construction and land sales expenses323,917396,875Inventory impairments and abandonments2,370—Gross profit37,20472,078Commissions12,01616,113General and administrative expenses52,98949,772Depreciation and amortization4,0424,055Operating (loss) income(31,843)2,138Other income, net7781,028(Loss) income before income taxes(31,065)3,166Expense from income taxes1,53236Net (loss) income$(32,597)$3,130Weighted-average number of shares:Basic28,92830,426Diluted28,92830,800(Loss) income per share:Basic$(1.13)$0.10Diluted$(1.13)$0.10 BEAZER HOMES USA, INC.CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY(Unaudited) See accompanying notes to condensed consolidated financial statements. BEAZER HOMES USA, INC.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(Unaudited) BEAZER HOMES USA, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Unaudited) (1) Description of Business Beazer Homes USA, Inc. (“we,” “us,” “our,” “Beazer,” “Beazer Homes” or the “Company”) is a nationally recognized homebuildercommitted to building homes and communities designed to inspire sustainable and healthier living. Operating across 13 states in theWest, East, and Southeast geographic regions of the United States, Beazer Homes offers a diverse portfolio of products tailored tomeet the evolving needs of homebuyers that value a well-constructed and energy efficient home. For an additional description of our business, refer to Item 1 within our Annual Report on Form 10-K for the fiscal year endedSeptember 30, 2025 (2025 Annual Report). (2) Basis of Presentation and Summary of Significant Accounting Policies The accompanying unaudited condensed consolidated financial statements of