Beazer Homes USA, Inc. (BZH) Income Statement
BZH FY2025 at a glance
Fiscal year ended September 30, 2025 · U.S. dollarsBZH revenue and net income
Where BZH's revenue goes
FY2025Each bar shows an amount and its share of revenue. BZH kept 1.9% of revenue as net income.
BZH profit margins
BZH growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +1.8% | +0.8% | +2.2% | +3.8% |
| Gross profit | −20.5% | −14.4% | −0.6% | +2.2% |
| Operating income | −74.4% | −48.8% | −14.3% | −3.4% |
| Net income | −67.5% | −40.9% | −2.7% | −18.3% |
| EPS (diluted) | −56.0% | −35.7% | +0.4% | +5.1% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
BZH quarterly EPS vs estimates
Beazer Homes USA beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 12, 2026 (estimate $0.90).
BZH income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.37B | $2.33B | $2.21B | $2.32B | $2.14B | $2.13B | $2.09B | $2.11B | $1.92B | $1.82B |
| Cost of revenue | $2.03B | $1.91B | $1.76B | $1.78B | $1.74B | $1.78B | $1.92B | $1.76B | $1.60B | $1.52B |
| Gross profit | $337.5M | $424.3M | $442.7M | $537.5M | $404.3M | $347.6M | $166.0M | $345.0M | $312.9M | $297.2M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $204.8M | $186.3M | $268.3M | $251.7M | $243.4M | $252.9M | $241.2M | $249.7M | $236.7M | $224.1M |
| Total operating expenses | $300.9M | $281.3M | $265.4M | $265.0M | $257.4M | $268.5M | $255.9M | $263.5M | $250.7M | $237.9M |
| Operating income | $36.6M | $143.0M | $177.3M | $272.5M | $146.9M | $79.1M | −$89.9M | $81.5M | $62.1M | $59.3M |
| Interest income | $0 | $8.6M | — | $521,000 | $2.2M | $8.1M | $2.7M | $5.3M | $15.3M | $25.3M |
| Interest expense | — | — | $68.5M | $1.5M | $90.1M | $103.3M | $98.1M | $0 | $0 | $0 |
| Income before taxes | $40.9M | $159.1M | $182.6M | $274.0M | $143.7M | $71.3M | −$116.6M | $49.4M | $34.6M | $21.7M |
| Income taxes | −$4.7M | $18.9M | $24.0M | $53.3M | $21.5M | $18.0M | −$37.2M | $94.5M | $2.7M | $16.5M |
| Net income | $45.6M | $140.2M | $158.6M | $220.7M | $122.0M | $52.2M | −$79.4M | −$45.4M | $31.8M | $4.7M |
| EBITDA | $60.0M | $174.0M | $263.3M | $287.3M | $247.8M | $94.7M | −$75.1M | $95.4M | $76.1M | $73.1M |
| EPS (diluted) | $1.92 | $4.36 | $5.19 | $7.23 | $4.07 | $1.88 | $1.26 | $2.18 | $1.29 | $0.39 |
| Gross margin | 14.2% | 18.2% | 20.1% | 23.2% | 18.9% | 16.3% | 8.0% | 16.4% | 16.3% | 16.3% |
| Operating margin | 1.5% | 6.1% | 8.0% | 11.8% | 6.9% | 3.7% | −4.3% | 3.9% | 3.2% | 3.3% |
| Net margin | 1.9% | 6.0% | 7.2% | 9.5% | 5.7% | 2.5% | −3.8% | −2.2% | 1.7% | 0.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $516.3M | $409.8M | $363.5M | $791.9M | $545.4M | $565.3M | $469.0M | $806.2M | $595.7M | $541.5M | $386.8M | $645.4M |
| Cost of revenue | $450.2M | $363.5M | $326.3M | $685.0M | $462.4M | $478.8M | $396.9M | $664.8M | $492.2M | $441.1M | $309.1M | $508.1M |
| Gross profit | $66.1M | $46.3M | $37.2M | $106.9M | $82.9M | $86.5M | $72.1M | $141.4M | $103.5M | $100.5M | $77.7M | $137.3M |
| Sales, general & admin | $55.4M | $53.0M | $53.0M | $52.8M | $70.5M | $66.8M | $49.8M | $50.7M | $69.8M | $62.3M | $54.2M | $70.4M |
| Total operating expenses | $77.5M | $65.3M | $69.0M | $82.0M | $86.6M | $73.2M | $69.9M | $83.2M | $75.0M | $64.5M | $57.5M | $75.3M |
| Operating income | −$11.4M | −$19.0M | −$31.8M | $24.8M | −$3.7M | $13.4M | $2.1M | $58.2M | $28.5M | $36.0M | $20.3M | $62.1M |
| Interest income | — | — | — | — | — | — | — | $0 | — | — | — | — |
| Interest expense | — | — | — | — | — | — | — | — | — | — | $11.2M | $991,000 |
| Income before taxes | −$10.5M | −$18.5M | −$31.1M | $26.0M | −$2.5M | $14.2M | $3.2M | $60.6M | $29.7M | $45.9M | $22.9M | $64.2M |
| Income taxes | −$6.3M | −$17.6M | $1.5M | −$4.0M | −$2.2M | $1.4M | $36,000 | $8.5M | $2.5M | $6.7M | $1.2M | $8.5M |
| Net income | −$4.2M | −$904,000 | −$32.6M | $30.0M | −$324,000 | $12.8M | $3.1M | $52.1M | $27.2M | $39.2M | $21.7M | $55.8M |
| EBITDA | −$5.6M | −$14.5M | −$27.0M | $31.9M | $11.2M | $18.5M | $7.2M | $65.8M | $32.6M | $49.5M | $36.3M | $65.8M |
| EPS (diluted) | −$0.09 | −$0.03 | −$1.05 | $1.08 | $0.30 | $0.44 | $0.10 | $1.74 | $0.89 | $1.03 | $0.70 | $1.80 |
| Gross margin | 12.8% | 11.3% | 10.2% | 13.5% | 15.2% | 15.3% | 15.4% | 17.5% | 17.4% | 18.6% | 20.1% | 21.3% |
| Operating margin | −2.2% | −4.6% | −8.8% | 3.1% | −0.7% | 2.4% | 0.5% | 7.2% | 4.8% | 6.6% | 5.2% | 9.6% |
| Net margin | −0.8% | −0.2% | −9.0% | 3.8% | −0.1% | 2.3% | 0.7% | 6.5% | 4.6% | 7.2% | 5.6% | 8.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in BZH's financial statements (latest annual report filed November 13, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
BZH financial results
In fiscal year 2025 (ended September 30, 2025), Beazer Homes USA reported revenue of $2.4 billion, up 1.8% from the year before. It had net income of $45.6 million (down 67.5%), a net profit margin of 1.9%. Diluted earnings per share came to $1.92. Over five years revenue grew at an average rate of 2.2% a year.
See the BZH stock overview for the latest quote and news, or the BZH chart for price history and technical indicators.
BZH income statement FAQ
What is Beazer Homes USA's annual revenue?
Beazer Homes USA reported total revenue of $2.4 billion for fiscal year 2025, which ended on September 30, 2025. That was up 1.8% from $2.3 billion the previous year.
Is Beazer Homes USA profitable?
Yes. Beazer Homes USA reported net income of $45.6 million in fiscal 2025, a net profit margin of 1.9%; its operating margin was 1.5%.
What is Beazer Homes USA's gross margin?
Beazer Homes USA's gross margin was 14.2% in fiscal 2025: for every $100 of revenue, Beazer Homes USA kept $14 after the direct cost of its products and services.
How fast is Beazer Homes USA growing?
Revenue grew 2.2% a year on average over the last five fiscal years, from $2.1 billion to $2.4 billion.
What are Beazer Homes USA's earnings per share?
Beazer Homes USA earned $1.92 per diluted share in fiscal 2025, compared with $4.36 a year earlier.
When will Beazer Homes USA report its next earnings?
Beazer Homes USA is expected to report results for the quarter ending September 30, 2026 on November 12, 2026 before the market opens.
When does Beazer Homes USA's fiscal year end?
Beazer Homes USA's fiscal year ends in September. The latest annual report covers the year ended September 30, 2025 and was filed on November 13, 2025.