CCS 12.31.25 Earnings Release 8-K Exhibit 99.1 Century Communities Reports Fourth Quarter and Full Year 2025 Results - Fourth Quarter Residential Units Delivered of 3,435 - - Fourth Quarter New Home Deliveries of 3,030 - - Fourth Quarter Net New Home Contracts of 2,702 - - Fourth Quarter Total Revenues of $1.2 Billion - - Fourth Quarter Net Income of $36.0 Million, or $1.21 Per Diluted Share - - Fourth Quarter Adjusted Net Income of $47.1 Million, or $1.59 Per Diluted Share - - Book Value per Share of $89.21, a Company Record - Greenwood Village, Colorado (January 28 , 2026 ) – Century Communities, Inc. (NYSE: CCS), one of the nation’s largest homebuilders , today announced financial results for its fourth quarter and full year ended December 31, 2025. Fourth Quarter 2025 Highlights · Net income of $36.0 million, or $1.21 per diluted share · Adjusted net income of $47.1 million, or $1.59 per diluted share · Total revenues of $1.2 billion · Total residential units delivered of 3,435 · Deliveries of 3,030 new homes · Delivered Century Living multi-family community with 300 units for $97.2 million, and 105 previously leased rental homes · Net new home contracts of 2,702 · Homebuilding gross margin of 15.4% · Adjusted homebuilding gross margin of 18.3% · Repurchased 333,881 shares of common stock for $20.0 million · Homebuilding debt to capital of 29.1% · Net homebuilding debt to net capital of 25.9% Full Year 2025 Highlights · Net income of $147.6 million, or $4.86 per diluted share · Adjusted net income of $181.7 million, or $5.99 per diluted share · Total revenues of $4.1 billion · Total residential units delivered of 10,792 · Deliveries of 10,387 new homes · Delivered Century Living multi-family community with 300 units for $97.2 million, and 105 previously leased rental homes · Net new home contracts of 10,326 · Homebuilding gross margin of 17.6% · Adjusted homebuilding gross margin of 19.9% · Repurchased 2,267,723 shares of common stock, over 7% of shares outstanding at the beginning of the year, for $143.6 million “We performed well in a challenging environment during the fourth quarter, with our net orders and new home deliveries exceeding our expectations and increasing by 13% and 22%, respectively, on a sequential basis,” said Dale Francescon, Executive Chairman. “While homebuyers remain cautious given the current level of economic uncertainty, we think this quarter’s strength in orders and deliveries demonstrates the pent up demand that continues to exist for affordable new homes.” Rob Francescon, Chief Executive Officer and President, said, “We achieved our 23 rd consecutive year of profitability and generated solid operational results in 2025, reducing our direct construction costs, cycle times, and fixed general and administrative expenses on a year-over-year basis. Based on this performance, we increased our book value per share to a Company record $89.21, repurchased 7% of our shares outstanding at the beginning of the year, grew our liquidity to $1.1 billion, and reduced our net homebuilding debt to net capital to 25.9% at year end, all while continuing to position Century for future growth.” Fourth Quarter 2025 Results Net income for the fourth quarter 2025 was $36.0 million, or $1.21 per diluted share. Adjusted net income was $ 47.1 million, or $1.59 per diluted share. Total revenues were $1.2 billion, with fourth quarter home sales revenues totaling $1.1 billion. Total residential deliveries were 3,435 including 3,030 new homes, and the average sales price of new home deliveries for the fourth quarter 2025 was $366,700 . Net new home contracts in the fourth quarter 2025 were 2,702 and at the end of the fourth quarter 2025 , the Company had 789 homes in backlog, representing $283.7 million of backlog dollar value. Adjusted homebuilding gross margin percentage, excluding interest, inventory impairment and purchase price accounting, was 18.3% in the fourth quarter of 2025. Homebuilding gross margin percentage excluding inventory impairment in the fourth quarter 2025 was 16.4%, and homebuilding gross margin was 15.4%. Selling, general, and administrative expenses as a percent of home sales revenues was 12.2% in the quarter . Adjusted EBITDA and EBITDA for the fourth quarter 2025 were $97.4 million and $75.9 million, respectively. Financial services revenues and pre-tax income were $24.5 million and $7.6 million, respectively, in the fourth quarter 2025. Full Year 2025 Results Net income for the full year 2025 was $147.6 million, or $4.86 per diluted share. Adjusted net income was $ 181.7 million, or $5.99 per diluted share. Total revenues were $4.1 billion, with full year 2025 home sales revenues totaling $3.9 billion. Total residential deliveries were 10,792 including 10,387 new homes, and the average sales price of new home deliveries for the full year 2025 was $378,000 . Net new home contracts in the full year 2025 were 10,326. Adjusted homebuilding gross margin percentage, excluding interest, inventory impairment and purchase price accounting, was 19.9% in 2025. Homebuilding gross margin percentage excluding inventory impairment was 18.1%, and homebuilding gross margin was 17.6% in 2025. Selling, general, and administrative expenses as a percent of home sales revenues was 12.9% in 2025 . Adjusted EBITDA and EBITDA for the full year 2025 were $349.7 million and $284.6 million, respectively. Financial services revenues and pre-tax income were $86.2 million and $19.2 million, respectively, for the full year 2025. Balance Sheet and Liquidity The Company ended the fourth quarter 2025 with a strong financial position, including $2.6 billion of stockholders’ equity and $1.1 billion of total liquidity, including $158.0 million of cash. Our book value per share was a Company record $89.21 as of December 31, 2025. During the fourth quarter, consistent with our disciplined capital allocation approach to enhance the long-term value of the Company and return capital to our stockholders, we maintained our quarterly cash dividend of $0.29 per share and repurchased 333,881 shares of common stock for $20.0 million. For the full year 2025, the Company paid cash dividends totaling $1.16 per share and repurchased 2,267,723 shares of its common stock, representing over 7% of shares outstanding at the beginning of the year, returning a record $178 million to our stockholders. As of December 31, 2025, homebuilding debt to capital equaled 29.1% and net homebuilding debt to net capital equaled 25.9% . Full Year 2026 Outlook Scott Dixon, Chief Financial Officer of the Company, commented, “Assuming no significant changes to the current economic environment, we currently expect our full year 2026 new home deliveries to be in the range of 10,000 to 11,000 homes and our homes sales revenues to be in the range of $3.6 billion to $4.1 billion. Our current guidance reflects an increase in our average open communities in the mid-single digit percentage range and similar per community absorption levels as the back half of 2025.” Webcast and Conference Call The Company will host a webcast and conference call on Wednesday, January 28, 2026, at 5:00 p.m. Eastern time, 3:00 p.m. Mountain time, to review the Company’s fourth quarter and full year 2025 results, provide commentary, and conduct a question-and-answer session. To participate in the call, please dial 800-549-8228 (domestic) or 646-564-2877 (international) and enter the conference ID 22523. The live webcast will be available at www.centurycommunities.com in the Investors section. A replay of the conference call will be available through February 4, 2026, by dialing 888-660-6264 (domestic) or 646-517-3975 (international) and entering conference ID 22523. A replay of the webcast will be available on the Company’s website for at least one year. About Century Communities Century Communities, Inc. (NYSE: CCS) is one of the nation’s largest homebuilders and a recognized industry leader in online home sales. Newsweek has named the Company one of America's Most Trustworthy Companies for three consecutive years, and Century Communities has also been designated as one of U.S. News & World Report’s Best Companies to Work For (2025-2026). Through its Century Communities and Century Complete brands, Century's mission is to build attractive, high-quality homes at affordable prices to provide its valued customers with A HOME FOR EVERY DREAM®. Century is engaged in all aspects of homebuilding — including the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Company operates in 16 states and over 45 markets across the U.S., and also offers mortgage, title, insurance brokerage, and escrow services in select markets through its Inspire Home Loans, Parkway Title, IHL Home Insurance Agency, and IHL Escrow subsidiaries. To learn more about Century Communities, please visit www.centurycommunities.com . Non-GAAP Financial Measures In addition to the Company’s operating results presented in accordance with United States generally accepted accounting principles (GAAP), this press release includes the following non-GAAP financial measures: adjusted net income, adjusted diluted earnings per share, adjusted homebuilding gross margin, EBITDA, adjusted EBITDA, and ratio of net homebuilding debt to net capital. These non-GAAP financial measures should not be used as a substitute for the Company’s operating results presented in accordance with GAAP, and an analysis of any non-GAAP financial measure should be used in conjunction with results presented in accordance with GAAP. Please refer to the reconciliation of each of the above referenced non-GAAP financial measures following the historical financial information presented in this press release. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and, as such, may involve known and unknown risks, uncertainties and assumptions. Forward-looking statements may be identified by the use of words such as “anticipate,” “believe,” “expect,” “intend,” “estimate,” “plan,” “continue,” “will,” “may,” “should,” “potential,” “guidance” and “outlook” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Forward-looking statements in this release include the Company’s operating and financial guidance for 2026, including without limitation anticipated home deliveries and home sales revenues. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on historical information available at the time the statements are made and are based on management’s reasonable belief or expectations with respect to future events, and are subject to risks and uncertainties, many of which are beyond the Company’s control, that could cause actual performance or results to differ materially from the belief or expectations expressed in or suggested by the forward-looking statements. The following important factors could cause actual results to differ materially from those expressed in the forward-looking statement: adverse changes in general economic conditions, including increased interest rates, inflation, and employment levels; lower consumer confidence; the potential impact of tariffs and increased costs, immigration reform, global supply chain disruptions, labor, land and raw material or other resource shortages and delays, and municipal and utility delays on the Company’s business, industry and the broader economy; the ability to identify and acquire desirable land; availability and cost of financing; the effect of tax changes; reliance on contractors and key personnel; availability and pricing for land, labor and raw materials and other resources; home incentive levels; future impairment and restructuring charges; the ability to pay dividends in the future; and the other factors included in the Company’s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Forward-looking statements speak only as of the date on which they are made and the Company undertakes no obligation to update any forward-looking statement to reflect future events, developments or otherwise, except as may be required by applicable law. Century Communities, Inc. Consolidated Statements of Operations (Unaudited) (in thousands, except share and per share amounts) Three Months Ended December 31, Year Ended December 31, 2025 2024 2025 2024 Revenues Homebuilding Revenues Home sales revenues $ 1,111,045 $ 1,246,697 $ 3,926,411 $ 4,302,638 Land sales and other revenues 803 511 8,012 2,753 Total homebuilding revenues 1,111,848 1,247,208 3,934,423 4,305,391 Multi-family sales revenues 97,200 — 97,200 — Financial services revenues 24,527 26,221 86,193 92,897 Total revenues 1,233,575 1,273,429 4,117,816 4,398,288 Homebuilding Cost of Revenues Cost of home sales revenues (939,495) (989,758) (3,235,679) (3,377,909) Cost of land sales and other revenues (388) — (7,587) (207) Total homebuilding cost of revenues (939,883) (989,758) (3,243,266) (3,378,116) Cost of multi-family sales revenues (91,849) — (91,849) — Financial services costs (16,911) (18,291) (67,006) (66,185) Selling, general and administrative expense (135,402) (143,436) (504,893) (516,489) Other (expense) income, net (2,557) 13,252 (16,390) 2,562 Income before income tax expense 46,973 135,196 194,412 440,060 Income tax expense (11,017) (32,455) (46,815) (106,244) Net income $ 35,956 $ 102,741 $ 147,597 $ 333,816 Earnings per share: Basic $ 1.23 $ 3.29 $ 4.92 $ 10.59 Diluted $ 1.21 $ 3.20 $ 4.86 $ 10.40 Weighted average common shares outstanding: Basic 29,186,481 31,252,028 29,994,465 31,510,282 Diluted 29,615,793 32,091,471 30,359,988 32,110,835 Century Communities, Inc. C onsolidated Balance Sheet s (Unaudited) (in thousands, except share amounts) December 31, December 31, 2025 2024 Assets (unaudited) (audited) Cash and cash equivalents $ 109,443 $ 149,998 Cash held in escrow 48,571 3,004 Accounts receivable 57,242 50,318 Inventories 3,361,158 3,454,337 Mortgage loans held for sale 299,145 236,926 Prepaid expenses and other assets 435,683 419,384 Property and equipment, net 69,368 155,176 Deferred tax assets, net 38,176 22,220 Goodwill 41,109 41,109 Total assets $ 4,459,895 $ 4,532,472 Liabilities and stockholders' equity Liabilities: Accounts payable $ 114,416 $ 133,086 Accrued expenses and other liabilities 310,602 302,317 Notes payable 1,102,376 1,107,909 Revolving line of credit 51,500 135,500 Mortgage repurchase facilities 289,269 232,804 Total liabilities 1,868,163 1,911,616 Stockholders' equity: Preferred stock, $0.01 par value, 50,000,000 shares authorized, none outstanding — — Common stock, $0.01 par value, 100,000,000 shares authorized, 29,050,515 and 30,961,227 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively 291 310 Additional paid-in capital 385,962 526,959 Retained earnings 2,205,479 2,093,587 Total stockholders' equity 2,591,732 2,620,856 Total liabilities and stockholders' equity $ 4,459,895 $ 4,532,472 Century Communities, Inc. Homebuilding Operational Data (Unaudited) Net New Home Contracts Three Months Ended December 31, Year Ended December 31, 2025 2024 % Change 2025 2024 % Change West 327 309 5.8 % 1,379 1,490 (7.4) % Mountain 473 379 24.8 % 1,689 2,005 (15.8) % Texas 509 499 2.0 % 1,945 1,987 (2.1) % Southeast 451 387 16.5 % 1,610 1,619 (0.6) % Century Complete 942 893 5.5 % 3,703 3,575 3.6 % Total 2,702 2,467 9.5 % 10,326 10,676 (3.3) % New Home Deliveries (dollars in thousands) Three Months Ended December 31, 2025 2024 % Change Homes Average Sales Price Homes Average Sales Price Homes Average Sales Price West 412 $ 565.3 465 $ 612.3 (11.4) % (7.7) % Mountain 504 485.8 525 557.9 (4.0) % (12.9) % Texas 568 284.0 638 298.2 (11.0) % (4.8) % Southeast 490 408.2 499 411.6 (1.8) % (0.8) % Century Complete 1,056 257.6 1,071 255.4 (1.4) % 0.9 % Total / Weighted Average 3,030 $ 366.7 3,198 $ 389.8 (5.3) % (5.9) % Year Ended December 31, 2025 2024 % Change Homes Average Sales Price Homes Average Sales Price Homes Average Sales Price West 1,419 $ 588.1 1,437 $ 627.2 (1.3) % (6.2) % Mountain 1,730 508.0 2,019 533.4 (14.3) % (4.8) % Texas 1,986 292.3 2,077 301.8 (4.4) % (3.1) % Southeast 1,617 421.7 1,654 423.8 (2.2) % (0.5) % Century Complete 3,635 261.6 3,820 260.9 (4.8) % 0.3 % Total / Weighted Average 10,387 $ 378.0 11,007 $ 390.9 (5.6) % (3.3) % Century Communities, Inc. Homebuilding Operational Data (Unaudited) Selling Communities As of December 31, Increase/Decrease 2025 2024 Amount % Change West 36 30 6 20.0 % Mountain 51 49 2 4.1 % Texas 71 78 (7) (9.0) % Southeast 37 42 (5) (11.9) % Century Complete 110 123 (13) (10.6) % Total 305 322 (17) (5.3) % Backlog (dollars in thousands) As of December 31, 2025 2024 % Change Homes Dollar Value Average Sales Price Homes Dollar Value Average Sales Price Homes Dollar Value Average Sales Price West 119 $ 69,226 $ 581.7 159 $ 100,306 $ 630.9 (25.2) % (31.0) % (7.8) % Mountain 108 56,086 519.3 149 83,915 563.2 (27.5) % (33.2) % (7.8) % Texas 136 38,964 286.5 177 54,314 306.9 (23.2) % (28.3) % (6.6) % Southeast 100 42,542 425.4 107 49,778 465.2 (6.5) % (14.5) % (8.6) % Century Complete 326 76,907 235.9 258 62,849 243.6 26.4 % 22.4 % (3.2) % Total / Weighted Average 789 $ 283,725 $ 359.6 850 $ 351,162 $ 413.1 (7.2) % (19.2) % (13.0) % Lot Inventory As of December 31, 2025 2024 % Change Owned Controlled Total Owned Controlled Total Owned Controlled Total West 3,432 2,354 5,786 4,211 4,286 8,497 (18.5) % (45.1) % (31.9) % Mountain 7,972 2,169 10,141 9,037 4,052 13,089 (11.8) % (46.5) % (22.5) % Texas 14,298 3,348 17,646 12,632 8,935 21,567 13.2 % (62.5) % (18.2) % Southeast 5,240 6,293 11,533 5,173 12,270 17,443 1.3 % (48.7) % (33.9) % Century Complete 3,858 11,952 15,810 4,703 15,333 20,036 (18.0) % (22.1) % (21.1) % Total 34,800 26,116 60,916 35,756 44,876 80,632 (2.7) % (41.8) % (24.5) % % of Total 57.1% 42.9% 100.0% 44.3% 55.7% 100.0% Century Communities, Inc. Reconciliation of Non-GAAP Financial Measures (Unaudited) Adjusted net income and adjusted diluted earnings per share (“Adjusted EPS”) are non-GAAP financial measures that the Company believe s are useful to management, investors and other users of its financial information in evaluating its operating results and understanding its operating trends without the effect of certain non-recurring items. The Company believe s excluding certain non-recurring items provides more comparable assessment of its financial results from period to period. The Company define s adjusted net income as consolidated net income before (i) income tax expense; (ii) inventory impairment; (iii) abandonment of lot option contracts; (iv) restructuring costs; (v) loss on debt extinguishment; (vi) impairment on other investment; and (v ii ) purchase price accounting for acquired work in process inventory; in each case, as applicable during a period, less adjusted income tax expense, calculated using the Company’s estimated annual effective tax rate after discrete items for the applicable period. Adjusted EPS is calculated by dividing adjusted net income by weighted average common shares – diluted. Adjusted Net Income and Adjusted Diluted Earnings Per Share (in thousands, exce pt share and per share amounts) Three Months Ended December 31, Year Ended December 31, 2025 2024 2025 2024 Numerator Net income $ 35,956 $ 102,741 $ 147,597 $ 333,816 Denominator Weighted average common shares outstanding - basic 29,186,481 31,252,028 29,994,465 31,510,282 Dilutive effect of stock-based compensation awards 429,312 839,443 365,523 600,553 Weighted average common shares outstanding - diluted 29,615,793 32,091,471 30,359,988 32,110,835 Earnings per share: Basic $ 1.23 $ 3.29 $ 4.92 $ 10.59 Diluted $ 1.21 $ 3.20 $ 4.86 $ 10.40 Adjusted earnings per share Numerator Net income $ 35,956 $ 102,741 $ 147,597 $ 333,816 Income tax expense 11,017 32,455 46,815 106,244 Income before income tax expense 46,973 135,196 194,412 440,060 Inventory impairment 10,865 6,835 21,816 8,778 Abandonment of lot option contracts (1) 1,851 2,095 11,158 6,036 Restructuring costs 740 — 2,245 — Loss on debt extinguishment — — 1,361 — Impairment on other investment — 2,180 — 9,902 Purchase price accounting for acquired work in process inventory 1,612 3,444 8,375 9,443 Adjusted income before income tax expense 62,041 149,750 239,367 474,219 Adjusted income tax expense (2) (14,940) (36,154) (57,640) (114,491) Adjusted net income $ 47,101 $ 113,596 $ 181,727 $ 359,728 Denominator - Diluted 29,615,793 32,091,471 30,359,988 32,110,835 Adjusted diluted earnings per share $ 1.59 $ 3.54 $ 5.99 $ 11.20 (1) Beginning in the third quarter of 2025, the Company added “Abandonment of lot option contracts” as an adjustment in its non-GAAP adjusted net income calculation. Accordingly, the corresponding prior period information has been recast to conform to the current presentation and calculation. (2) The tax rates used in calculating adjusted net income for the years ended December 31, 202 5 and 202 4 were 24.1% and 2 4 .1%, respectively, which reflect our GAAP tax rates for the applicable periods. C entury Communities, Inc. Reconciliation of Non-GAAP Financial Measures (Unaudited) Adjusted homebuilding gross margin excluding inventory impairment (if applicable), interest in cost of home sales revenues, and purchase price accounting for acquired work in process inventory (if applicable) , is not a measurement of financial performance under GAAP ; however, the Company’s management believes that this information is meaningful as it isolates the impact that inventory impairment , indebtedness , and acquisitions have on homebuilding gross margin and permits the Company’s stockholders to make better comparisons with the Company’s competitors, who adjust gross margins in a similar fashion. This non-GAAP financial measure should not be used as a substitute for the Company’s GAAP operating results. An analysis of any non-GAAP financial measure should be used in conjunction with results presented in accordance with GAAP . Adjusted Homebuilding Gross Margin (in thousands) Three Months Ended December 31, 2025 % 2024 % Home sales revenues $ 1,111,045 100.0 % $ 1,246,697 100.0 % Cost of home sales revenues (1) (939,495) (84.6) % (989,758) (79.4) % Homebuilding gross margin 171,550 15.4 % 256,939 20.6 % Add: Inventory impairment 10,865 1.0 % 6,835 0.5 % Adjusted homebuilding gross margin excluding inventory impairment 182,415 16.4 % 263,774 21.2 % Add: Interest in cost of home sales revenues 18,744 1.7 % 18,169 1.5 % Add: Purchase price accounting for acquired work in process inventory 1,612 0.1 % 3,444 0.3 % Adjusted homebuilding gross margin excluding interest, inventory impairment and purchase price accounting for acquired work in process inventory $ 202,771 18.3 % $ 285,387 22.9 % Year Ended December 31, 2025 % 2024 % Home sales revenues $ 3,926,411 100.0 % $ 4,302,638 100.0 % Cost of home sales revenues (1) (3,235,679) (82.4) % (3,377,909) (78.5) % Homebuilding gross margin 690,732 17.6 % 924,729 21.5 % Add: Inventory impairment 21,816 0.6 % 8,778 0.2 % Adjusted homebuilding gross margin excluding inventory impairment 712,548 18.1 % 933,507 21.7 % Add: Interest in cost of home sales revenues 60,738 1.5 % 60,286 1.4 % Add: Purchase price accounting for acquired work in process inventory 8,375 0.2 % 9,443 0.2 % Adjusted homebuilding gross margin excluding interest, inventory impairment and purchase price accounting for acquired work in process inventory $ 781,661 19.9 % $ 1,003,236 23.3 % (1) Beginning in the fourth quarter of 2025, inventory impairment was reclassified to be included in cost of home sales revenues in the Company’s consolidated statements of operations rather than presented as a separate line item and prior year amounts have been reclassified to conform to this presentation. C entury Communities, Inc. Reconciliation of Non-GAAP Financial Measures (Unaudited) EBITDA and Adjusted EBITDA EBITDA and adjusted EBITDA are non-GAAP financial measures the Company use s as supplemental measure s in evaluating operating performance. The Company define s EBITDA as net income before (i) income tax expense, (ii) interest in cost of home sales revenues, (iii) other interest expense (income), and (iv) depreciation and amortization expense. The Company define s adjusted EBITDA as EBITDA before inventory impairment, abandonment of lot option contract s , stock-based compensation expense, restructuring costs, loss on debt extinguishment , impairment on other investment, and purchase price accounting for acquired work in process inventory, in each case as applicable during a period. The Company believe s EBITDA and adjusted EBITDA provide an indicator of general economic performance that is not affected by fluctuations in interest rates or effective tax rates, levels of depreciation or amortization, and items considered to be non-recurring. Accordingly, the Company’s management believes that these measurements are useful for comparing general operating performance from period to period. EBITDA and adjusted EBITDA should be considered in addition to, and not as a substitute for, consolidated net income in accordance with GAAP as a measure of performance. The presentation of a djusted EBITDA should not be construed as an indication that the Company’s future results will be unaffected by unusual or non-recurring items. Each of EBITDA and adjusted EBITDA is limited as an analytical tool, and should not be considered in isolation or as a substitute for analysis of the Company’s results of operations as reported under GAAP. (in thousands) Three Months Ended December 31, Year Ended December 31, 2025 2024 % Change 2025 2024 % Change Net income $ 35,956 $ 102,741 (65.0) % $ 147,597 $ 333,816 (55.8) % Income tax expense 11,017 32,455 (66.1) % 46,815 106,244 (55.9) % Interest in cost of home sales revenues 18,744 18,169 3.2 % 60,738 60,286 0.7 % Interest expense (income) 4,212 (40) NM % 4,657 (2,733) (270.4) % Depreciation and amortization expense 5,955 6,849 (13.1) % 24,823 24,286 2.2 % EBITDA $ 75,884 $ 160,174 (52.6) % $ 284,630 $ 521,899 (45.5) % Inventory impairment 10,865 6,835 59.0 % 21,816 8,778 148.5 % Abandonment of lot option contracts (1) 1,851 2,095 (11.6) % 11,158 6,036 84.9 % Stock-based compensation expense (2) 6,400 9,774 (34.5) % 20,120 27,868 (27.8) % Restructuring costs 740 — NM 2,245 — NM Loss on debt extinguishment — — NM 1,361 — NM Impairment on other investment — 2,180 NM — 9,902 NM Purchase price accounting for acquired work in process inventory 1,612 3,444 (53.2) % 8,375 9,443 (11.3) % Adjusted EBITDA $ 97,352 $ 184,502 (47.2) % $ 349,705 $ 583,926 (40.1) % (1) Beginning in the third quarter of 2025, the Company added “Abandonment of lot option contracts” as an adjustment in its non-GAAP adjusted EBITDA calculation. Accordingly, the corresponding prior period information has been recast to conform to the current presentation and calculation. (2) Beginning in the fourth quarter of 2025, the Company added “ Stock-based compensation expense ” as an adjustment in its non-GAAP adjusted EBITDA calculation. Accordingly, the corresponding prior period information has been recast to conform to the current presentation and calculation. NM – Not Meaningful Century Communities, Inc. Reconciliation of Non-GAAP Financial Measures (Unaudited) Ratio of Net Homebuilding Debt to Net Capital The following table presents the Company’s ratio of net homebuilding debt to net capital, which is a non-GAAP financial measure. The Company calculates this by dividing net homebuilding debt ( homebuilding debt less cash and cash equivalents , and cash held in escrow ) by net capital (net homebuilding debt plus total stockholders’ equity). Homebuilding debt is total debt minus outstanding borrowings under construction loan agreement and mortgage repurchase facilities. The most directly comparable GAAP measure is the ratio of homebuilding debt to capital. The Company believes the ratio of net homebuilding debt to net capital is a relevant and useful financial measure to investors in understanding the leverage employed in its operations and as an indicator of the Company’s ability to obtain external financing . (in thousands) December 31, December 31, 2025 2024 Notes payable $ 1,102,376 $ 1,107,909 Revolving line of credit 51,500 135,500 Construction loan agreements (90,269) (102,436) Total homebuilding debt 1,063,607 1,140,973 Total stockholders' equity 2,591,732 2,620,856 Total capital $ 3,655,339 $ 3,761,829 Homebuilding debt to capital 29.1% 30.3% Total homebuilding debt $ 1,063,607 $ 1,140,973 Cash and cash equivalents (109,443) (149,998) Cash held in escrow (48,571) (3,004) Net homebuilding debt 905,593 987,971 Total stockholders' equity 2,591,732 2,620,856 Net capital $ 3,497,325 $ 3,608,827 Net homebuilding debt to net capital 25.9% 27.4% Contact Information: Tyler Langton, Senior Vice President of Investor Relations and Finance 303-268-8345 Investor R elations @CenturyCommunities.com Category: Earnings

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other guidance in this release

Text is the filed exhibit, verbatim.