Century Communities, Inc. (NYSE: CCS) reported its financial results for the third quarter ended September 30, 2026, in a press release furnished with its Form 8-K. The company reported net income of $12.6 million, or $0.44 per diluted share, for the quarter. Adjusted net income was reported at $28.8 million, or $1.01 per diluted share.
Total revenues for the quarter were $864.5 million, with home sales revenues accounting for $842.5 million. The company delivered 2,442 homes during the period, with an average sales price of $345,000. Net new home contracts for the quarter were 2,284, and the backlog at the end of the period stood at 1,106 homes with a value of $414.0 million.
Century Communities ended the quarter with a record-high community count of 343, a 4% increase from the previous quarter. The company also reported a record book value per share of $90.61. Adjusted homebuilding gross margin was 19.3%, while GAAP homebuilding gross margin was 15.0%.
In a significant development, the company acquired substantially all of the assets of HistoryMaker Homes on October 7, 2026. Founded in 1949, HistoryMaker is a Texas-based homebuilder focused on the Dallas-Fort Worth metroplex. The acquisition is expected to increase Century’s Dallas division active communities from 12 to 41 and triple deliveries from 211 to 669 homes on a trailing-twelve-month basis.
Regarding its balance sheet, Century amended its revolving line of credit at the end of the quarter, increasing its capacity to $1.2 billion and extending its maturity to November 2030. The company also repurchased 169,903 shares of common stock for $11.6 million.
Looking ahead, the company provided full year 2026 guidance, projecting home deliveries between 9,350 and 9,650 homes and home sales revenues between $3.3 billion and $3.4 billion.
