TMHC

In April 2026, Taylor Morrison reported weaker first-quarter results with revenue falling to $1.39 billion and net income declining to $98.6 million. Home closings decreased to 2,268 units, and the home closings gross margin compressed to 20.0%. Net sales orders also fell by 13.6%, and the sales order backlog units and value decreased by approximately 32% year-over-year. Despite this, the company completed a share buyback of over 10 million shares for approximately $620 million by March 31, 2026. For the full year 2025, reported net income was $783 million, and adjusted net income was $830 million. Taylor Morrison also saw a pickup in interest and demand in January 2026, and cancellations declined in Q4 2025. Management reaffirmed its 2026 guidance of approximately 11,000 closings and $400 million in buybacks.