Century Communities — Jul 23, 2025 release

We continued to focus on balancing pace with price during the quarter, successfully managed our costs, and drove further improvement in our cycle times.” Rob Francescon, Chief Executive Officer and President, said, “Our community count grew by 23% on a year-over-year basis to 327, a Company record, and we continue to expect our 2025 year end community count to increase in the mid-single digit percentage range. We remained disciplined on the land front and reassessed deals to ensure that they met our targets in the current environment. Our balance sheet remains strong with $2.6 billion of stockholders’ equity and $858 million of liquidity, and our book value per share of $86.39 increased by 10% on a year-over-year basis. In the second quarter, we repurchased 883,602 shares of our common stock, or roughly 3% of our shares outstanding at the beginning of the quarter, for $48.0 million.” Second Quarter 2025 Results Net income for the second quarter 2025 was $34.9 million, or $1.14 per diluted share. Adjusted net income, which excludes inventory impairment and purchase price accounting, was $ 42.1 million, or $1.37 per diluted share. Total revenues were $1.0 billion, with second quarter home sales revenues totaling $976.5 million. Deliveries totaled 2,587 homes. The average sales price of home deliveries for the second quarter 2025 was $377,500 . Net new home contracts in the second quarter 2025 were 2,546, and at the end of the second quarter 2025 , the Company had 1,217   homes in backlog, representing $466.0 million of backlog dollar value.   Adjusted