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Company research

Smith Douglas Homes Corp.

CIK 1982518Updated Sep 26, 2026

SDHC price & chart

Provider market data

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Financials

FY 2025 · USD
Revenue971,116,000USD · FY 2025
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

Net income10,694,000USD · FY 2025
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

Operating income— · FY 2025
Diluted EPS1.19USD per share · FY 2025
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

Some figures are unavailable for this reporting year.

balance sheet · annual statements
Line itemFY 2025FY 2024FY 2023
ASSETS
AssetsUSD557,593,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

As of 2025-12-31

475,901,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

As of 2024-12-31

352,692,000
Source

10-Q · 2024-05-15 · 0001140361-24-026259

As of 2023-12-31

Property, Plant and Equipment, NetUSD9,720,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

As of 2025-12-31

3,775,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

As of 2024-12-31

1,543,000
Source

10-Q · 2024-05-15 · 0001140361-24-026259

As of 2023-12-31

GoodwillUSD25,726,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

As of 2025-12-31

25,726,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

As of 2024-12-31

25,726,000
Source

10-Q · 2024-05-15 · 0001140361-24-026259

As of 2023-12-31

Current assets:
Cash and Cash Equivalents, at Carrying ValueUSD12,741,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

As of 2025-12-31

22,363,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

As of 2024-12-31

19,777,000
Source

10-Q · 2024-05-15 · 0001140361-24-026259

As of 2023-12-31

Operating Lease, Right-of-Use AssetUSD1,902,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

As of 2025-12-31

3,065,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

As of 2024-12-31

1,789,000
Source

10-Q · 2024-05-15 · 0001140361-24-026259

As of 2023-12-31

LIABILITIES AND EQUITY
LiabilitiesUSD113,457,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

As of 2025-12-31

74,174,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

As of 2024-12-31

143,789,000
Source

10-Q · 2024-05-15 · 0001140361-24-026259

As of 2023-12-31

Stockholders’ equity:
Preferred Stock, Value, IssuedUSD0
Source

10-K · 2026-03-12 · 0001628280-26-017245

As of 2025-12-31

0
Source

10-K · 2025-03-21 · 0001982518-25-000007

As of 2024-12-31

—
Additional Paid in CapitalUSD60,610,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

As of 2025-12-31

58,208,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

As of 2024-12-31

—
Retained Earnings (Accumulated Deficit)USD26,113,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

As of 2025-12-31

15,419,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

As of 2024-12-31

—
Stockholders' Equity Attributable to ParentUSD86,728,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

As of 2025-12-31

73,632,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

As of 2024-12-31

—
Liabilities and EquityUSD557,593,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

As of 2025-12-31

475,901,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

As of 2024-12-31

352,692,000
Source

10-Q · 2024-05-15 · 0001140361-24-026259

As of 2023-12-31

Stockholders' Equity Attributable to Noncontrolling InterestUSD357,408,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

As of 2025-12-31

328,095,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

As of 2024-12-31

—

Lines labelled “Derived” are calculated from reported figures.

cash flow · annual statements
Line itemFY 2025FY 2024FY 2023
Cash flows from operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD68,409,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

111,829,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-01 to 2024-12-31

123,180,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2023-01-01 to 2023-12-31

Adjustments to reconcile net income to net cash provided by operating activities:
Share-based Payment Arrangement, Noncash ExpenseUSD3,669,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

4,361,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-01 to 2024-12-31

0
Source

10-K · 2025-03-21 · 0001982518-25-000007

2023-01-01 to 2023-12-31

Changes in operating assets and liabilities:
Increase (Decrease) in Accounts PayableUSD-15,296,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

-84,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-01 to 2024-12-31

5,526,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2023-01-01 to 2023-12-31

Deferred Income Tax Expense (Benefit)USD1,240,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

353,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-01 to 2024-12-31

0
Source

10-K · 2025-03-21 · 0001982518-25-000007

2023-01-01 to 2023-12-31

Net Cash Provided by (Used in) Operating ActivitiesUSD-31,337,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

19,132,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-01 to 2024-12-31

76,257,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2023-01-01 to 2023-12-31

Cash flows from investing activities:
Net Cash Provided by (Used in) Investing ActivitiesUSD-6,634,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

-4,706,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-01 to 2024-12-31

-76,832,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2023-01-01 to 2023-12-31

Payments for (Proceeds from) Other Investing ActivitiesUSD-25,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

-36,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-01 to 2024-12-31

-21,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2023-01-01 to 2023-12-31

Payments to Acquire Property, Plant, and EquipmentUSD5,524,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

3,887,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-01 to 2024-12-31

1,308,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2023-01-01 to 2023-12-31

Cash flows from financing activities:
Payment, Tax Withholding, Share-based Payment ArrangementUSD1,267,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

——
Net Cash Provided by (Used in) Financing ActivitiesUSD28,349,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

-11,840,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-01 to 2024-12-31

-9,249,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2023-01-01 to 2023-12-31

Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD12,741,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

As of 2025-12-31

22,363,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

As of 2024-12-31

19,777,000
Source

10-Q · 2024-05-15 · 0001140361-24-026259

As of 2023-12-31

Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD1,955,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

1,735,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-01 to 2024-12-31

669,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2023-01-01 to 2023-12-31

Income Taxes Paid, NetUSD3,586,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

4,297,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-01 to 2024-12-31

0
Source

10-K · 2025-03-21 · 0001982518-25-000007

2023-01-01 to 2023-12-31

Additional Financial Items
Amortization of Debt Issuance CostsUSD944,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

942,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-01 to 2024-12-31

679,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2023-01-01 to 2023-12-31

DepreciationUSD2,549,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

1,825,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-01 to 2024-12-31

1,081,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2023-01-01 to 2023-12-31

Equity Method Investment, Other than Temporary ImpairmentUSD0
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

0
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-01 to 2024-12-31

0
Source

10-K · 2025-03-21 · 0001982518-25-000007

2023-01-01 to 2023-12-31

GoodwillUSD25,726,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

As of 2025-12-31

25,726,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

As of 2024-12-31

25,726,000
Source

10-Q · 2024-05-15 · 0001140361-24-026259

As of 2023-12-31

Income (Loss) from Equity Method InvestmentsUSD2,078,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

1,161,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-01 to 2024-12-31

934,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2023-01-01 to 2023-12-31

Income Tax Expense (Benefit)USD2,492,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

5,100,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-11 to 2024-12-31

0
Source

10-K · 2025-03-21 · 0001982518-25-000007

2023-01-01 to 2023-12-31

InterestExpenseNonoperatingUSD3,194,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

2,489,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-01 to 2024-12-31

1,658,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2023-01-01 to 2023-12-31

Net Income (Loss) Attributable to ParentUSD10,694,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

16,070,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-01 to 2024-12-31

—
Net Income (Loss) Attributable to Noncontrolling InterestUSD57,715,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

95,759,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-01 to 2024-12-31

—
Other Nonoperating Income (Expense)USD-374,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

-938,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-01 to 2024-12-31

19,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2023-01-01 to 2023-12-31

Proceeds from Issuance of Common StockUSD0
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

4,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-01 to 2024-12-31

0
Source

10-K · 2025-03-21 · 0001982518-25-000007

2023-01-01 to 2023-12-31

Lines labelled “Derived” are calculated from reported figures.

income statement · annual statements
Line itemFY 2025FY 2024FY 2023
Total RevenueUSD971,116,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

975,463,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-01 to 2024-12-31

764,631,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2023-01-01 to 2023-12-31

Cost of Goods and Services Sold———
Selling, General and Administrative ExpenseUSD139,780,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

136,382,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-01 to 2024-12-31

92,442,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2023-01-01 to 2023-12-31

Other Nonoperating Income (Expense)USD-374,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

-938,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-01 to 2024-12-31

19,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2023-01-01 to 2023-12-31

Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD70,901,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

116,894,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-01 to 2024-12-31

123,180,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2023-01-01 to 2023-12-31

Income Tax Expense (Benefit)USD2,492,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

5,100,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-11 to 2024-12-31

0
Source

10-K · 2025-03-21 · 0001982518-25-000007

2023-01-01 to 2023-12-31

Net Income (Loss) Attributable to Noncontrolling InterestUSD57,715,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

95,759,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-01 to 2024-12-31

—
Net Income (Loss) Attributable to ParentUSD10,694,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

16,070,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-01 to 2024-12-31

—
Earnings Per Share, BasicUSD per share1.19
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

1.82
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-11 to 2024-12-31

—
Earnings Per Share, DilutedUSD per share1.19
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

1.81
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-11 to 2024-12-31

—
Weighted Average Number of Shares Outstanding, Basicshares9,000,606
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

8,846,174
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-11 to 2024-12-31

—
Weighted Average Number of Shares Outstanding, Dilutedshares9,213,200
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

9,062,368
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-11 to 2024-12-31

—
Interest Expense (non-operating)USD3,194,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

2,489,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-01 to 2024-12-31

1,658,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2023-01-01 to 2023-12-31

Additional Financial Items
Current Income Tax Expense (Benefit)USD1,252,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

4,712,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-01 to 2024-12-31

—
Gross ProfitUSD212,171,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

255,542,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-01 to 2024-12-31

216,327,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2023-01-01 to 2023-12-31

Income (Loss) from Equity Method InvestmentsUSD2,078,000
Source

10-K · 2026-03-12 · 0001628280-26-017245

2025-01-01 to 2025-12-31

1,161,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2024-01-01 to 2024-12-31

934,000
Source

10-K · 2025-03-21 · 0001982518-25-000007

2023-01-01 to 2023-12-31

Lines labelled “Derived” are calculated from reported figures.