| Metric | Nov 5, 2024 FY24 Q3 | Feb 25, 2025 FY24 Q4 | Apr 29, 2025 FY25 Q1 | Aug 5, 2025 FY25 Q2 | Nov 4, 2025 FY25 Q3 | Feb 17, 2026 FY25 Q4 | Apr 28, 2026 FY26 Q1 | Aug 4, 2026 FY26 Q2 |
|---|---|---|---|---|---|---|---|---|
| For FY2026 | ||||||||
| Adjusted gross margin (non-GAAP) as a percentage of home sales revenues | — | — | — | — | — | New“between 21.0% and 23.0%” | Raised“between 22.0% and 24.0%” | — |
| Adjusted homebuilding gross margin (non-GAAP) as a percentage of homebuilding revenues | — | — | — | — | — | — | — | New“between 22.5% and 24.5%” |
| Gross margin as a percentage of home sales revenues | — | — | — | — | — | New“between 18.0% and 20.0%” | Raised“between 18.5% and 20.5%” | — |
| Homebuilding gross margin as a percentage of homebuilding revenues | — | — | — | — | — | — | — | New“between 19.0% and 21.0%” |
| SG&A as a percentage of home sales revenues | — | — | — | — | — | New“between 15.0% and 16.0%” | Reiterated“between 15.0% and 16.0%” | — |
| SG&A as a percentage of total revenues | — | — | — | — | — | — | — | New“between 15.0% and 16.0%” |
| Adjusted gross margin | — | — | — | — | — | — | New“between 22.0% and 24.0%” | — |
| Adjusted homebuilding gross margin | — | — | — | — | — | — | — | New“between 22.5% and 24.5%” |
| Gross margin | — | — | — | — | — | — | New“between 18.5% and 20.5%” | — |
| Homebuilding gross margin | — | — | — | — | — | — | — | New“between 19.0% and 21.0%” |
| Active selling communities at the end of 2026 | — | — | — | — | — | New“between 150 and 160” | Reiterated“between 150 and 160” | Reiterated“between 150 and 160” |
| Average sales price per home closed | — | — | — | — | — | New“between $355,000 and $365,000” | Reiterated“between $355,000 and $365,000” | Raised“between $360,000 and $370,000” |
| Effective tax rate | — | — | — | — | — | New“approximately 26.5%” | Reiterated“approximately 26.5%” | Reiterated“approximately 26.5%” |
| Estimated capitalized interest and estimated purchase accounting | — | — | — | — | — | New“approximately 3.0%” | Raised“approximately 3.5%” | — |
| Home closings | — | — | — | — | — | New“between 4,600 and 5,400” | Reiterated“between 4,600 and 5,400” | Reiterated“between 4,600 and 5,400” |
| For FY2025 | ||||||||
| Adjusted gross margin (non-GAAP) as a percentage of home sales revenues | — | — | — | — | New“between 24.0% and 25.0%” | — | — | — |
| Adjusted gross margin (non-GAAP) as a percentage of home sales revenues | — | — | — | New“between 24.0% and 25.0%” | — | — | — | — |
| Adjusted gross margin (Non-GAAP) as a percentage of home sales revenues | — | New“between 25.5% and 26.5%” | Lowered“between 24.0% and 25.5%” | — | — | — | — | — |
| Gross margin as a percentage of home sales revenues | — | — | — | — | New“between 21.0% and 22.0%” | — | — | — |
| Gross margin as a percentage of home sales revenues | — | — | — | New“between 21.5% and 22.5%” | — | — | — | — |
| Gross margin as a percentage of home sales revenues | — | New“between 23.2% and 24.2%” | Lowered“between 21.7% and 23.2%” | — | — | — | — | — |
| SG&A as a percentage of home sales revenues | — | — | — | — | New“between 15.0% and 16.0%” | — | — | — |
| SG&A as a percentage of home sales revenues | — | — | — | New“between 15.0% and 16.0%” | — | — | — | — |
| SG&A as a percentage of home sales revenues | — | New“between 14.0% and 15.0%” | Reiterated“between 14.0% and 15.0%” | — | — | — | — | — |
| Adjusted gross margin | — | — | New“between 24.0% and 25.5%” | — | — | — | — | — |
| Gross margin | — | — | New“between 21.7% and 23.2%” | — | — | — | — | — |
| Active communities | — | — | New“160 to 170” | — | — | — | — | — |
| Active selling communities | — | — | — | New“approximately 145” | — | — | — | — |
| Active selling communities at the end of 2025 | — | New“between 160 and 170” | Reiterated“between 160 and 170” | — | — | — | — | — |
| Active selling communities at the end of the fourth quarter of 2025 | — | — | — | — | New“approximately 145” | — | — | — |
| Active selling communities at the end of the third quarter of 2025 | — | — | — | New“approximately 145” | — | — | — | — |
| Average sales price per home closed | — | — | — | — | New“between $365,000 and $375,000” | — | — | — |
| Average sales price per home closed | — | — | — | New“between $360,000 and $365,000” | — | — | — | — |
| Average sales price per home closed | — | New“between $360,000 and $370,000” | Reiterated“between $360,000 and $370,000” | — | — | — | — | — |
| Effective tax rate | — | — | — | — | New“approximately 26.0%” | — | — | — |
| Effective tax rate | — | — | — | New“approximately 24.5%” | — | — | — | — |
| Effective tax rate | — | New“approximately 24.5%” | Reiterated“approximately 24.5%” | — | — | — | — | — |
| Home closings | — | — | — | — | New“between 1,300 and 1,500” | — | — | — |
| Home closings | — | — | — | New“between 1,100 and 1,300” | — | — | — | — |
| Home closings | — | New“between 6,200 and 7,000” | Reiterated“between 6,200 and 7,000” | — | — | — | — | — |
| For FY2024 | ||||||||
| Adjusted gross margin (non-GAAP) as a percentage of home sales revenues | New“between 26.0% and 27.0%” | — | — | — | — | — | — | — |
| Gross margin as a percentage of home sales revenues | New“between 24.0% and 25.0%” | — | — | — | — | — | — | — |
| SG&A as a percentage of home sales revenues | New“between 14.0% and 14.5%” | — | — | — | — | — | — | — |
| Active selling communities at the end of 2024 | New“approximately 150” | — | — | — | — | — | — | — |
| Average sales price per home closed | New“between $360,000 and $370,000” | — | — | — | — | — | — | — |
| Effective tax rate | New“approximately 24.5%” | — | — | — | — | — | — | — |
| Home closings | New“between 6,100 and 6,400” | — | — | — | — | — | — | — |