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Century Communities, Inc. (CCS) Q3 2026 Earnings Call October 28, 2026 5:00 PM EDT

Company Participants

Tyler Langton - Senior Vice President of Investor Relations
Dale Francescon - Executive Chairman
Robert Francescon - CEO, President & Director
John Dixon - Chief Financial Officer

Conference Call Participants

Min Cho - Texas Capital Securities, Research Division
Rohit Seth - B. Riley Securities, Inc., Research Division
Jay McCanless - Citizens JMP Securities, LLC, Research Division
Alan Ratner - Zelman & Associates LLC
Alex Barrón - Housing Research Center, LLC

Presentation

Operator

Greetings. Welcome to the Century Communities Third Quarter 2026 Earnings Conference Call. [Operator Instructions] Please note this conference call is being recorded. I will now turn the conference over to Tyler Langton, Senior Vice President of Investor Relations for Century Communities. Please go ahead.

Tyler Langton
Senior Vice President of Investor Relations

Good afternoon. Thank you for joining us today for Century Communities Earnings Conference Call for the Third Quarter 2026. Before the call begins, I would like to remind everyone that certain statements made during this call may constitute forward-looking statements. These statements are based on management's current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described or implied in the forward-looking statements. Certain of these risks and uncertainties can be found under the heading, Risk Factors in the company's latest 10-K as supplemented by our latest 10-Q to be filed shortly and other SEC filings. We undertake no duty to update our forward-looking statements.

Additionally, certain non-GAAP financial measures will be discussed on this conference call. Reconciliations of all non-GAAP measures to the most directly comparable GAAP measures are included in the earnings release furnished to the SEC and posted on our Investor Relations website. The company's presentation of this information is not intended to

- Deliveries of 2,442 Homes Generating $864.5 Million in Total Revenues -
- Ending Community Count Increased Sequentially to 343, a Company Record -
- Book Value Per Share of $90.61, a Company Record - 
- Acquired the Assets of HistoryMaker Homes on October 7, 2026 - 
- Increased Capacity on Revolving Line of Credit to $1.2 Billion -

, /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), one of the nation's largest homebuilders, today announced financial results for its third quarter ended September 30, 2026.

Third Quarter 2026 Highlights

Net income of $12.6 million, or $0.44 per diluted shareAdjusted net income of $28.8 million, or $1.01 per diluted shareTotal revenues of $864.5 millionDeliveries of 2,442 homesCommunity count of 343, a Company recordBook value per share of $90.61, a Company recordNet new home contracts of 2,284GAAP homebuilding gross margin of 15.0% inclusive of inventory impairment chargesAdjusted homebuilding gross margin of 19.3%Repurchased 169,903 shares of common stock for $11.6 million"The third quarter was marked by a significant rise in interest rates, continued inflation and macroeconomic uncertainty, which weighed heavily on consumer confidence in general and first-time homebuyers in particular," said Dale Francescon, Executive Chairman. "Despite these pressures, we continued to make good progress on the operational side of the business during the quarter. We grew our ending community count by 7% year-over-year and 4% sequentially to a new Company record of 343 communities. Our direct construction costs, finished lot costs, and fixed G&A excluding advertising all decreased vs. the prior quarter as we continued to effectively manage our costs and grew our book value per share to a Company record $90.61."

Rob Francescon, Chief Executive Officer and President, said, "In early October, we acquired substantially all of the assets of HistoryMaker Homes in support of our strategy of deepening our share in existing markets to drive improved margins and returns. This acquisition will accelerate our growth in the largest housing market in the country and one we believe will benefit from solid long-term fundamentals. Specifically, the transaction will increase Century's Dallas division's active communities from 12 to 41 communities as of September 30, 2026 and triple deliveries from 211 to 669 homes on a trailing-twelve-month basis through the third quarter 2026."

Acquisition of HistoryMaker Homes

Century Communities acquired substantially all of the assets of HistoryMaker Homes on October 7, 2026. Founded in 1949, HistoryMaker is Texas' longest-standing production homebuilder and builds exclusively in the Dallas-Fort Worth metroplex. The transaction provides Century with the scale, land position and local talent to accelerate its growth in the largest housing market in the country. HistoryMaker also serves a wider range of the Dallas-Fort Worth market through its focus on both entry-level and move-up homes. Century will also maintain an ongoing land relationship with HistoryMaker's sister land development company, which will complete land development on current and future communities for Century in Dallas-Fort Worth.

Third Quarter 2026 Results

Net income for the third quarter 2026 was $12.6 million, or $0.44 per diluted share. Adjusted net income was $28.8 million, or $1.01 per diluted share.

Total revenues were $864.5 million, with third quarter home sales revenues totaling $842.5 million. Deliveries totaled 2,442 homes. The average sales price of home deliveries for the third quarter 2026 was $345,000.

Net new home contracts in the third quarter 2026 were 2,284, and at the end of the third quarter 2026, the Company had 1,106 homes in backlog, representing $414.0 million of backlog dollar value. Adjusted homebuilding gross margin percentage, excluding interest, purchase price accounting and inventory impairment was 19.3% in the third quarter of 2026, and homebuilding gross margin was 15.0%. Homebuilding gross margin excluding inventory impairment was 17.3%. Selling, general, and administrative expenses as a percent of home sales revenues were 14.1% in the quarter. Adjusted EBITDA and EBITDA for the third quarter 2026 were $63.4 million and $37.1 million, respectively.

Financial services revenues and pre-tax income were $21.2 million and $6.2 million, respectively, in the third quarter 2026.

Balance Sheet and Liquidity

The Company ended the third quarter 2026 with a strong financial position, including $2.6 billion of stockholders' equity and $863.8 million of total liquidity, including $119.8 million of cash, including cash equivalents and cash held in escrow. 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.

Book value per share was $90.61, a Company record, as of September 30, 2026.

During the third quarter, consistent with Century's disciplined capital allocation approach to enhance the long-term value of the Company and return capital to our stockholders, Century maintained its quarterly cash dividend of $0.32 per share and repurchased 169,903 shares of our common stock for $11.6 million.

As of September 30, 2026, homebuilding debt to capital equaled 36.8% and net homebuilding debt to net capital equaled 34.9%.

Full Year 2026 Outlook

Scott Dixon, Chief Financial Officer of the Company, commented, "Given the impact of increased mortgage rates on our orders and deliveries, we now expect our full year 2026 home deliveries to be in the range of 9,350 to 9,650 homes, including 100 deliveries from HistoryMaker in the fourth quarter, and our home sales revenues to be in the range of $3.3 billion to $3.4 billion."

Webcast and Conference Call

The Company will host a webcast and conference call on Wednesday, October 28, 2026, at 5:00 p.m. Eastern time, 3:00 p.m. Mountain time, to review the Company's third quarter 2026 results, provide commentary, and conduct a question-and-answer session. To participate in the call, please dial 833-461-5787 (domestic) or 585-542-9983 (international) and enter the conference ID 100 064 380. The live webcast will be available at www.centurycommunities.com in the Investors section. A replay of the webcast will be available on the Company's website for at least one year.

About Century Communities

Century Communities, Inc. (NYSE: CCS) is one of the nation's largest homebuilders and a recognized industry leader in online home sales. Newsweek has named the Company one of America's Most Trustworthy Companies for three consecutive years, and Century Communities has also been designated as one of U.S. News & World Report's Best Companies to Work For (2025-2026). Through its Century Communities and Century Complete brands, Century's mission is to build attractive, high-quality homes at affordable prices to provide its valued customers with A HOME FOR EVERY DREAM®. Century is engaged in all aspects of homebuilding — including the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Company operates in 16 states and over 45 markets across the U.S., and also offers mortgage, title, insurance brokerage, and escrow services in select markets through its Inspire Home Loans, Parkway Title, IHL Home Insurance Agency, and IHL Escrow subsidiaries. To learn more about Century Communities, please visit www.centurycommunities.com.

Non-GAAP Financial Measures

In addition to the Company's operating results presented in accordance with United States generally accepted accounting principles (GAAP), this press release includes the following non-GAAP financial measures: adjusted net income, adjusted diluted earnings per share, adjusted homebuilding gross margin, homebuilding gross margin excluding inventory impairment, EBITDA, adjusted EBITDA, and ratio of net homebuilding debt to net capital. These non-GAAP financial measures should not be used as a substitute for the Company's operating results presented in accordance with GAAP, and an analysis of any non-GAAP financial measure should be used in conjunction with results presented in accordance with GAAP. Please refer to the reconciliation of each of the above referenced non-GAAP financial measures following the historical financial information presented in this press release.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and, as such, may involve known and unknown risks, uncertainties and assumptions. Forward-looking statements may be identified by the use of words such as "anticipate," "believe," "expect," "intend," "estimate," "plan," "continue," "will," "may," "should," "potential," "guidance" and "outlook" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Forward-looking statements in this release include the Company's operating and financial guidance for 2026, including anticipated home deliveries and home sales revenues, and anticipated benefits of the recent HistoryMaker Homes acquisition. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on historical information available at the time the statements are made and are based on management's reasonable belief or expectations with respect to future events, and are subject to risks and uncertainties, many of which are beyond the Company's control, that could cause actual performance or results to differ materially from the belief or expectations expressed in or suggested by the forward-looking statements. The following important factors could cause actual results to differ materially from those expressed in the forward-looking statements: changes in general economic conditions, including interest rates, inflation, and employment levels; consumer confidence and affordability concerns; the impact of geopolitical conflicts including in the Middle East, tariffs and increased costs, immigration reform and enforcement, global supply chain disruptions, labor, land and raw material or other resource shortages and delays, and municipal and utility delays on the Company's business, industry and the broader economy; the availability and cost of financing; home incentive levels; the ability to identify and acquire desirable land and dispose of land when appropriate; availability and pricing for land, labor and raw materials and other resources; reliance on contractors and key personnel; the effect of competition; risks associated with the Company's mortgage lending business and increased use of adjustable-rate mortgages; risks associated with the Company's recent HistoryMaker Homes acquisition, including the possibility that the Company will not realize the anticipated benefits of such acquisition; risks associated with the Company's multi-family rental businesses; future impairment and restructuring charges; the effect of tax changes; the effect of recent federal housing legislation; and the other factors included in the Company's most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Forward-looking statements speak only as of the date on which they are made and the Company undertakes no obligation to update any forward-looking statement to reflect future events, developments or otherwise, except as may be required by applicable law. 

Century Communities, Inc.

Consolidated Statements of Operations

(Unaudited)

(in thousands, except share and per share amounts)

Three Months Ended September 30,

Nine Months Ended September 30,

2026

2025

2026

2025

Revenues

Homebuilding Revenues

Home sales revenues

$

842,493

$

955,162

$

2,474,127

$

2,815,365

Land sales and other revenues

823

5,764

38,249

7,209

Total homebuilding revenues

843,316

960,926

2,512,376

2,822,574

Financial services revenues

21,151

19,358

68,991

61,666

Total revenues

864,467

980,284

2,581,367

2,884,240

Homebuilding Cost of Revenues

Cost of home sales revenues

(716,082)

(783,746)

(2,054,741)

(2,296,184)

Cost of land sales and other revenues

(26)

(6,303)

(24,275)

(7,199)

Total homebuilding cost of revenues

(716,108)

(790,049)

(2,079,016)

(2,303,383)

Financial services costs

(14,962)

(16,371)

(45,261)

(50,095)

Selling, general, and administrative expense

(118,837)

(119,895)

(362,335)

(369,491)

Other income (expense), net

1,275

(6,131)

3,479

(13,832)

Income before income tax expense

15,835

47,838

98,234

147,439

Income tax expense

(3,218)

(10,435)

(25,060)

(35,798)

Net income

$

12,617

$

37,403

$

73,174

$

111,641

Earnings per share:

Basic

$

0.44

$

1.26

$

2.55

$

3.69

Diluted

$

0.44

$

1.25

$

2.54

$

3.65

Weighted average common shares outstanding:

Basic

28,363,406

29,645,795

28,722,425

30,266,752

Diluted

28,476,268

30,019,153

28,774,514

30,611,011

Century Communities, Inc.

Consolidated Balance Sheets

(in thousands, except share amounts)

September 30,

December 31,

2026

2025

Assets

(unaudited)

(audited)

Cash and cash equivalents

$

86,086

$

109,443

Cash held in escrow

33,740

48,571

Accounts receivable

58,907

57,242

Inventories

3,744,023

3,361,158

Mortgage loans held for sale

186,506

299,145

Prepaid expenses and other assets

527,581

435,683

Property and equipment, net

75,232

69,368

Deferred tax assets, net

36,841

38,176

Goodwill

41,109

41,109

Total assets

$

4,790,025

$

4,459,895

Liabilities and stockholders' equity

Liabilities:

Accounts payable

$

142,568

$

114,416

Accrued expenses and other liabilities

273,872

310,602

Notes payable

1,165,321

1,102,376

Revolving line of credit

456,000

51,500

Mortgage repurchase facilities

191,266

289,269

Total liabilities

2,229,027

1,868,163

Stockholders' equity:

Preferred stock, $0.01 par value, 50,000,000 shares authorized, none outstanding

—

—

Common stock, $0.01 par value, 100,000,000 shares authorized, 28,264,817 and 29,050,515 shares issued
and outstanding at September 30, 2026 and December 31, 2025, respectively

283

291

Additional paid-in capital

310,161

385,962

Retained earnings

2,250,554

2,205,479

Total stockholders' equity

2,560,998

2,591,732

Total liabilities and stockholders' equity

$

4,790,025

$

4,459,895

Century Communities, Inc.

Homebuilding Operational Data

(Unaudited)

Net New Home Contracts

Three Months Ended September 30,

Nine Months Ended September 30,

2026

2025

% Change

2026

2025

% Change

West

268

337

(20.5)

%

913

1,052

(13.2)

%

Mountain

350

418

(16.3)

%

1,216

1,216

—

%

Texas

524

433

21.0

%

1,565

1,436

9.0

%

Southeast

302

388

(22.2)

%

1,047

1,159

(9.7)

%

Century Complete

840

810

3.7

%

2,537

2,761

(8.1)

%

Total

2,284

2,386

(4.3)

%

7,278

7,624

(4.5)

%

New Home Deliveries 

(dollars in thousands)

Three Months Ended September 30,

2026

2025

% Change

Homes

Average Sales
Price

Homes

Average Sales
Price

Homes

Average Sales
Price

West

278

$

550.7

369

$

591.0

(24.7)

%

(6.8)

%

Mountain

386

467.0

401

506.0

(3.7)

%

(7.7)

%

Texas

540

286.1

460

293.8

17.4

%

(2.6)

%

Southeast

310

389.7

423

413.8

(26.7)

%

(5.8)

%

Century Complete

928

252.0

833

268.9

11.4

%

(6.3)

%

Total / Weighted Average

2,442

$

345.0

2,486

$

384.2

(1.8)

%

(10.2)

%

Nine Months Ended September 30,

2026

2025

% Change

Homes

Average Sales
Price

Homes

Average Sales
Price

Homes

Average Sales
Price

West

877

$

563.0

1,007

$

597.4

(12.9)

%

(5.8)

%

Mountain

1,146

470.0

1,226

517.2

(6.5)

%

(9.1)

%

Texas

1,438

287.5

1,418

295.6

1.4

%

(2.7)

%

Southeast

987

388.6

1,127

427.5

(12.4)

%

(9.1)

%

Century Complete

2,513

256.6

2,579

263.2

(2.6)

%

(2.5)

%

Total / Weighted Average

6,961

$

355.4

7,357

$

382.7

(5.4)

%

(7.1)

%

Century Communities, Inc.

Homebuilding Operational Data

(Unaudited)

 Selling Communities

As of September 30,

Increase/Decrease

2026

2025

Amount

% Change

West

41

38

3

7.9

%

Mountain

57

53

4

7.5

%

Texas

86

73

13

17.8

%

Southeast

37

45

(8)

(17.8)

%

Century Complete

122

112

10

8.9

%

Total

343

321

22

6.9

%

Backlog

(dollars in thousands)

As of September 30,

2026

2025

% Change

Homes

Dollar Value

Average
Sales Price

Homes

Dollar Value

Average
Sales Price

Homes

Dollar Value

Average
Sales Price

West

155

$

86,808

$

560.0

204

$

115,035

$

563.9

(24.0)

%

(24.5)

%

(0.7)

%

Mountain

178

95,939

539.0

139

73,330

527.6

28.1

%

30.8

%

2.2

%

Texas

263

76,233

289.9

195

59,212

303.6

34.9

%

28.7

%

(4.5)

%

Southeast

160

64,684

404.3

139

61,170

440.1

15.1

%

5.7

%

(8.1)

%

Century Complete

350

90,292

258.0

440

108,177

245.9

(20.5)

%

(16.5)

%

4.9

%

Total / Weighted Average

1,106

$

413,956

$

374.3

1,117

$

416,924

$

373.3

(1.0)

%

(0.7)

%

0.3

%

Lot Inventory

As of September 30,

2026

2025

% Change

Owned

Controlled

Total

Owned

Controlled

Total

Owned

Controlled

Total

West

3,562

2,309

5,871

3,709

2,207

5,916

(4.0)

%

4.6

%

(0.8)

%

Mountain

7,314

2,501

9,815

8,522

1,292

9,814

(14.2)

%

93.6

%

0.0

%

Texas

13,293

5,235

18,528

14,713

3,198

17,911

(9.7)

%

63.7

%

3.4

%

Southeast

5,141

5,729

10,870

5,221

7,857

13,078

(1.5)

%

(27.1)

%

(16.9)

%

Century Complete

4,163

11,722

15,885

4,318

11,202

15,520

(3.6)

%

4.6

%

2.4

%

Total

33,473

27,496

60,969

36,483

25,756

62,239

(8.3)

%

6.8

%

(2.0)

%

% of Total

54.9 %

45.1 %

100.0 %

58.6 %

41.4 %

100.0 %

 Century Communities, Inc.
Reconciliation of Non-GAAP Financial Measures
(Unaudited)

Adjusted net income and adjusted diluted earnings per share ("Adjusted EPS") are non-GAAP financial measures that the Company believes are useful to management, investors and other users of its financial information in evaluating its operating results and understanding its operating trends without the effect of specified factors that management believes affect comparability. The Company believes excluding specified factors that management believes affect comparability provides more comparable assessment of its financial results from period to period. The Company defines adjusted net income as consolidated net income before (i) income tax expense; (ii) inventory impairment; (iii) abandonment of lot option contracts; (iv) restructuring costs; (v) loss on debt extinguishment; (vi) impairment on other investment; and (vii) purchase price accounting for acquired work in process inventory; in each case, as applicable during a period, less adjusted income tax expense, calculated using the Company's estimated annual effective tax rate after discrete items for the applicable period. Adjusted EPS is calculated by dividing adjusted net income by weighted average common shares – diluted.

Adjusted Net Income and Adjusted Diluted Earnings Per Share

(in thousands, except share and per share amounts)

Three Months Ended September 30,

Nine Months Ended September 30,

2026

2025

2026

2025

Numerator

Net income

$

12,617

$

37,403

$

73,174

$

111,641

Denominator

Weighted average common shares outstanding - basic

28,363,406

29,645,795

28,722,425

30,266,752

Dilutive effect of stock-based compensation awards

112,862

373,358

52,089

344,259

Weighted average common shares outstanding - diluted

28,476,268

30,019,153

28,774,514

30,611,011

Earnings per share:

Basic

$

0.44

$

1.26

$

2.55

$

3.69

Diluted

$

0.44

$

1.25

$

2.54

$

3.65

Adjusted earnings per share

Numerator

Net income

$

12,617

$

37,403

$

73,174

$

111,641

Income tax expense

3,218

10,435

25,060

35,798

Income before income tax expense

15,835

47,838

98,234

147,439

Inventory impairment

19,605

3,180

19,605

10,951

Abandonment of lot option contracts

2,320

5,159

4,399

9,306

Restructuring costs

—

—

—

1,505

Loss on debt extinguishment

—

1,361

—

1,361

Purchase price accounting for acquired work in process inventory

899

2,830

2,200

6,763

Adjusted income before income tax expense

38,659

60,368

124,438

177,325

Adjusted income tax expense(1)

(9,862)

(14,657)

(31,745)

(43,054)

Adjusted net income

$

28,797

$

45,711

$

92,693

$

134,271

Denominator - Diluted

28,476,268

30,019,153

28,774,514

30,611,011

Adjusted diluted earnings per share

$

1.01

$

1.52

$

3.22

$

4.39

(1)

The tax rates used in calculating adjusted net income for the both three and nine months ended September 30, 2026 were 25.5%, which are reflective of our GAAP tax rates for the nine months ended September 30, 2026. The tax rates used in calculating adjusted net income for the three and nine months ended September 30, 2025 were each 24.3%, respectively, which are reflective of our GAAP tax rates for the nine months ended September 30, 2025.

Century Communities, Inc.

Reconciliation of Non-GAAP Financial Measures

(Unaudited)

Adjusted homebuilding gross margin excluding inventory impairment (if applicable), interest in cost of home sales revenues, and purchase price accounting for acquired work in process inventory (if applicable), is not a measurement of financial performance under GAAP; however, the Company's management believes that this information is meaningful as it isolates the impact that inventory impairment, indebtedness, and acquisitions have on homebuilding gross margin and permits the Company's stockholders to make better comparisons with the Company's competitors, who adjust gross margins in a similar fashion. This non-GAAP financial measure should not be used as a substitute for the Company's GAAP operating results. An analysis of any non-GAAP financial measure should be used in conjunction with results presented in accordance with GAAP.

Adjusted Homebuilding Gross Margin (in thousands)

Three Months Ended September 30,

2026

%

2025

%

Home sales revenues

$

842,493

100.0

%

$

955,162

100.0

%

Cost of home sales revenues

(716,082)

(85.0)

%

(783,746)

(82.1)

%

Homebuilding gross margin

126,411

15.0

%

171,416

17.9

%

Add: Inventory impairment

19,605

2.3

%

3,180

0.3

%

Adjusted homebuilding gross margin excluding inventory impairment (1)

146,016

17.3

%

174,596

18.3

%

Add: Interest in cost of home sales revenues

15,873

1.9

%

15,005

1.6

%

Add: Purchase price accounting for acquired work in process inventory

899

0.1

%

2,830

0.3

%

Adjusted homebuilding gross margin excluding interest, inventory impairment
and purchase price accounting for acquired work in process inventory(1)

$

162,788

19.3

%

$

192,431

20.1

%

Nine Months Ended September 30,

2026

%

2025

%

Home sales revenues

$

2,474,127

100.0

%

$

2,815,365

100.0

%

Cost of home sales revenues

(2,054,741)

(83.0)

%

(2,296,184)

(81.6)

%

Homebuilding gross margin

419,386

17.0

%

519,181

18.4

%

Add: Inventory impairment

19,605

0.8

%

10,951

0.4

%

Adjusted homebuilding gross margin excluding inventory impairment (1)

438,991

17.7

%

530,132

18.8

%

Add: Interest in cost of home sales revenues

45,385

1.8

%

41,994

1.5

%

Add: Purchase price accounting for acquired work in process inventory

2,200

0.1

%

6,763

0.2

%

Adjusted homebuilding gross margin excluding interest, inventory impairment
and purchase price accounting for acquired work in process inventory(1)

$

486,576

19.7

%

$

578,889

20.6

%

(1)

Beginning in the fourth quarter of 2025, inventory impairment was reclassified to be included in cost of home sales revenues in the Company's consolidated statements of operations rather than presented as a separate line item and prior year amounts have been reclassified to conform to this presentation.

Century Communities, Inc.

Reconciliation of Non-GAAP Financial Measures

(Unaudited)

EBITDA and Adjusted EBITDA

EBITDA and adjusted EBITDA are non-GAAP financial measures the Company uses as supplemental measures in evaluating operating performance. The Company defines EBITDA as net income before (i) income tax expense, (ii) interest in cost of home sales revenues, (iii) interest expense (income), and (iv) depreciation and amortization expense. The Company defines adjusted EBITDA as EBITDA before inventory impairment, abandonment of lot option contracts, stock-based compensation expense, restructuring costs, loss on debt extinguishment, impairment on other investment, and purchase price accounting for acquired work in process inventory, in each case as applicable during a period. The Company believes EBITDA and adjusted EBITDA provide an indicator of general economic performance that is not affected by fluctuations in interest rates or effective tax rates, levels of depreciation or amortization, and other specified factors that management believes affect comparability. Accordingly, the Company's management believes that these measurements are useful for comparing general operating performance from period to period. EBITDA and adjusted EBITDA should be considered in addition to, and not as a substitute for, consolidated net income in accordance with GAAP as a measure of performance. The presentation of adjusted EBITDA should not be construed as an indication that the Company's future results will be unaffected by unusual or other specified factors that management believes affect comparability. Each of EBITDA and adjusted EBITDA is limited as an analytical tool, and should not be considered in isolation or as a substitute for analysis of the Company's results of operations as reported under GAAP.

(in thousands)

Three Months Ended September 30,

Nine Months Ended September 30,

2026

2025

% Change

2026

2025

% Change

Net income

$

12,617

$

37,403

(66.3)

%

$

73,174

$

111,641

(34.5)

%

Income tax expense

3,218

10,435

(69.2)

%

25,060

35,798

(30.0)

%

Interest in cost of home sales revenues

15,873

15,005

5.8

%

45,385

41,994

8.1

%

Interest expense (income)

54

876

(93.8)

%

442

445

(0.7)

%

Depreciation and amortization expense

5,365

6,005

(10.7)

%

16,107

18,868

(14.6)

%

EBITDA

$

37,127

$

69,724

(46.8)

%

$

160,168

$

208,746

(23.3)

%

Inventory impairment

19,605

3,180

516.5

%

19,605

10,951

79.0

%

Abandonment of lot option contracts

2,320

5,159

(55.0)

%

4,399

9,306

(52.7)

%

Stock-based compensation expense (1)

3,461

5,486

(36.9)

%

10,641

13,720

(22.4)

%

Restructuring costs

—

—

—

%

—

1,505

(100.0)

%

Loss on debt extinguishment

—

1,361

(100.0)

%

—

1,361

(100.0)

%

Purchase price accounting for acquired work in process inventory

899

2,830

(68.2)

%

2,200

6,763

(67.5)

%

Adjusted EBITDA

$

63,412

$

87,740

(27.7)

%

$

197,013

$

252,352

(21.9)

%

(1)

Beginning in the fourth quarter of 2025, the Company added "Stock-based compensation expense" as an adjustment in its non-GAAP adjusted EBITDA calculation. Accordingly, the corresponding prior period information has been recast to conform to the current presentation and calculation.

Century Communities, Inc.

Reconciliation of Non-GAAP Financial Measures

(Unaudited)

Ratio of Net Homebuilding Debt to Net Capital

The following table presents the Company's ratio of net homebuilding debt to net capital, which is a non-GAAP financial measure. The Company calculates this by dividing net homebuilding debt (homebuilding debt less cash and cash equivalents, and cash held in escrow) by net capital (net homebuilding debt plus total stockholders' equity). Homebuilding debt is total debt minus outstanding borrowings under construction loan agreements and mortgage repurchase facilities. The most directly comparable GAAP measure is the ratio of homebuilding debt to capital. The Company believes the ratio of net homebuilding debt to net capital is a relevant and useful financial measure to investors in understanding the leverage employed in its operations and as an indicator of the Company's ability to obtain external financing.

(in thousands)

September 30,

December 31,

2026

2025

Notes payable

$

1,165,321

$

1,102,376

Revolving line of credit

456,000

51,500

Construction loan agreements

(129,450)

(90,269)

Total homebuilding debt

1,491,871

1,063,607

Total stockholders' equity

2,560,998

2,591,732

Total capital

$

4,052,869

$

3,655,339

Homebuilding debt to capital

36.8 %

29.1 %

Total homebuilding debt

$

1,491,871

$

1,063,607

Cash and cash equivalents

(86,086)

(109,443)

Cash held in escrow

(33,740)

(48,571)

Net homebuilding debt

1,372,045

905,593

Total stockholders' equity

2,560,998

2,591,732

Net capital

$

3,933,043

$

3,497,325

Net homebuilding debt to net capital

34.9 %

25.9 %

Contact Information: 
Tyler Langton, Senior Vice President of Investor Relations and Finance
303-268-8345
[email protected] 

Category:
Earnings

SOURCE Century Communities, Inc.

Top national homebuilder joins amenity-rich planned community, offering new single-family homes from the $400s in a prime location 20 miles south of downtown Austin

KEY TAKEAWAYS

October 28 Grand Opening: Century Communities will celebrate the Grand Opening of its new neighborhood at Crosswinds in Kyle, TX on October 28, with model home tours, light bites and early-bird savings.Six floor plans priced from the $400s: Single-family floor plans at the community will range from 2,013 to 2,811 square feet, with up to 6 bedrooms and 3 bathrooms.3-car garages on oversized homesites: Every floor plan at Crosswinds will include a standard 3-car garage on an oversized 60' homesite.Resort-style amenities: Crosswinds homeowners have access to the Windy Point Amenity Center, with a pool complex and splash park, an off-leash dog park, walking trails, a playground, and pickleball and basketball courts. An elementary school is also planned.Convenient Austin-area location: The community sits about 20 miles south of downtown Austin, with proximity to South Austin employers—including Tesla, Amazon, and Dell—and quick access to I-35., /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)—a top national homebuilder, industry leader in online home sales, and featured on America's Most Trustworthy Companies by Newsweek—announced the upcoming Grand Opening of its new neighborhood at Crosswinds, a planned community with resort-style amenities in Kyle, Texas, where the builder is introducing six single-family floor plans priced from the $400s. 

Everglade Model Home | New Construction Homes in Kyle, TX | Crosswinds by Century Communities

Everglade Kitchen | New Homes in Kyle, TX | Crosswinds by Century Communities

Everglade Great Room | New Homes for Sale in Kyle, TX | Crosswinds by Century Communities Slated for October 28, the event will run from 11 a.m. to 1 p.m. Attendees will be able to tour the Everglade model home, enjoy light bites, and take advantage of Grand Opening savings.

Learn more, join the interest list, and RSVP for the Grand Opening at www.CenturyCommunities.com/CrosswindsGO.

"Crosswinds sits in an ideal location, combining suburban charm with quick access to major Austin-area employers," said Paul Kwiatkowski, Division President. "In addition to exciting amenities, this new community offers a range of modern floor plans that make it easy for buyers to find a home that complements their lifestyle. We invite interested homebuyers to visit our Grand Opening on October 28 to tour our model home, explore the community, and learn about available homes."

Crosswinds is a planned community designed to preserve the surrounding Texas prairie, connected by roads and trails winding through parks and open space. Century Communities homeowners will have access to the Windy Point Amenity Center—a pool complex and splash park, event lawn, and grilling and picnic areas—along with an off-leash dog park, pickleball and basketball courts, a playground, pocket parks and an expanding trail system. A Hays CISD elementary school is planned.

CROSSWINDS | KYLE, TX
Grand Opening on October 28 | Priced from the $400s 

Six floor plans with up to 6 bedrooms, 3 bathrooms, and 2,811 square feetOversized 60' homesitesStandard 3-car garagesSelect plans feature fireplaces, gourmet kitchens, and covered patiosWindy Point Amenity Center: pool complex and splash park, event lawn, grilling and picnic areasOff-leash dog park, playground, pickleball and basketball courts, and pocket parks and nature trails throughout the developmentAbout 20 miles from downtown Austin, with proximity to South Austin employers including Tesla, Amazon, and Dell15 miles from San Marcos, with direct access to I-35Community Location
231 Hull Speed Drive
Kyle, TX 78640
512.930.0118

DISCOVER THE FREEDOM OF ONLINE HOMEBUYING:

Century Communities is proud to feature its industry‑first online homebuying experience on all available homes in Texas.

Shop homes at CenturyCommunities.comClick "Buy Now" on any available homeFill out a quick Buy Online formElectronically submit an initial earnest money depositElectronically sign a purchase contract via DocuSign®Learn more about the Buy Online experience at www.CenturyCommunities.com/online-homebuying.

FREQUENTLY ASKED QUESTIONS

Question: When is the Grand Opening at Crosswinds in Kyle, TX?
Answer: Century Communities hosts its Grand Opening at Crosswinds on Wednesday, Oct. 28, 2026, from 11 a.m. to 1 p.m. at 231 Hull Speed Drive in Kyle, TX. The event includes model home tours, light bites, and Grand Opening savings.

Question: How much do new homes cost at Crosswinds in Kyle, TX?
Answer: New homes at Crosswinds are priced from the $400s.

Question: What floor plans does Century Communities offer at Crosswinds?
Answer: Crosswinds offers six single-family floor plans: Geneva, Norman, Lassen, Savannah, Denali II, and Everglade, ranging from 2,013 to 2,811 square feet

Question: What schools serve Crosswinds in Kyle, TX?
Answer: Crosswinds is zoned for Hays CISD, including Pfluger Elementary School, Chapa Middle School, and Lehman High School. A future elementary school is also planned within Crosswinds.

Question: What amenities are available at Crosswinds?
Answer: Crosswinds homeowners have access to the Windy Point Amenity Center, with a pool complex and splash park, event lawn, and grilling and picnic areas. The planned community also offers an off-leash dog park, pickleball and basketball courts, pocket parks and nature trails, and a playground.

Question: How far is Crosswinds from Austin?
Answer: Crosswinds in Kyle, TX sits about 20 miles south of downtown Austin and 15 miles from South Austin employers including Tesla, Amazon and Dell. San Marcos is 15 miles away, with direct access to I-35.

About Century Communities
Century Communities, Inc. (NYSE: CCS) is one of the nation's largest homebuilders and a recognized industry leader in online home sales. Newsweek has named the Company one of America's Most Trustworthy Companies for four consecutive years. Through its Century Communities and Century Complete brands, Century's mission is to build attractive, high-quality homes at affordable prices to provide its valued customers with A HOME FOR EVERY DREAM®. Century is engaged in all aspects of homebuilding — including the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Company operates in 16 states and over 45 markets across the U.S., and also offers mortgage, title, insurance brokerage, and escrow services in select markets through its Inspire Home Loans, Parkway Title, IHL Home Insurance Agency, and IHL Escrow subsidiaries. To learn more about Century Communities, please visit www.centurycommunities.com. 

SOURCE Century Communities, Inc.

Model homes open October 24, featuring five two-story floor plans with 3 to 5 bedrooms near Fresno City College's West Fresno Center

KEY TAKEAWAYS

Grand Opening Celebration: Traditions at West Creek Village in Fresno, California, will celebrate its Grand Opening on Saturday, October 24, 2026, from 11 a.m. to 1 p.m., with model home tours, free food and entertainment. Southwest Fresno Investment: Century Communities is one of the first homebuilders in decades to develop new homes at scale in Southwest Fresno, with 136 homesites planned at Traditions at West Creek Village and new homes starting from the upper $300s to the low $400s. Two-Story Floor Plans: Traditions at West Creek Village offers five two-story, single-family floor plans ranging from 1,538 to 2,287 square feet, with 3 to 5 bedrooms, 2.5 to 3 baths, and 2-car garages. Walkable Location: Traditions at West Creek Village is part of the 120-acre West Creek Village planned community in Southwest Fresno, within walking distance of Les Kimber Park and Fresno Unified schools, and near Fresno City College's West Fresno Center and future shops and eateries. , /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)—a top national homebuilder, industry leader in online home sales, and featured on America's Most Trustworthy Companies by Newsweek—announced it will debut new homes for sale at Traditions at West Creek Village during a Grand Opening celebration on Saturday, October 24, bringing new single-family floor plans to the heart of the West Creek Village planned community in Southwest Fresno.

Learn more, join the interest list, and RSVP for the Grand Opening at www.CenturyCommunities.com/WestCreekVillageGO.

Mulberry Rendering | New Homes in Fresno, CA | Traditions at West Creek Village by Century Communities

Oak Rendering | New Homes in Fresno, CA | Traditions at West Creek Village by Century Communities

SWFCDC Homebuyer Video | Traditions at West Creek Village by Century Communities | New Homes for Sale in Southwest Fresno "Southwest Fresno has gone a long time without this kind of investment, and we're excited to be part of its revitalization," said Allen Bennett, Central Valley Division President for Century Communities. "Our Grand Opening is the first chance for homebuyers to explore the community, tour our model homes, learn about special financing options through our in-house lender, and find their best fit."

At the Grand Opening, guests can tour two new model homes—showcasing the Mulberry and Nightingale floor plans—meet the Century Communities team and learn about homeownership resources while enjoying free tacos, cotton candy, popcorn and snow cones, a balloon artist and a prize wheel with Century Communities prizes.

Traditions at West Creek Village sits within West Creek Village, a 120-acre planned community in Southwest Fresno developed by 2500 MLK LLC and designed to connect housing with jobs, retail, recreation and services. Fresno City College's West Fresno Center and a new Starbucks are already open nearby, and future West Creek Village plans include a grocery anchor, national retailers, and a medical center.

Ahead of the Grand Opening, Century Communities worked alongside the Southwest Fresno Community Development Corporation (SWFCDC), a HUD-certified housing counseling agency, to bring free homeownership education to the neighborhood.

TRADITIONS AT WEST CREEK VILLAGE | FRESNO, CA
Grand Opening on 10/24 | Upper $300s to Low $400s

136 single-family homesites Five two-story single-family floor plans 1,538 to 2,287 square feet 3 to 5 bedrooms, 2.5 to 3 bathrooms and 2-car garages Walkable to Les Kimber Park Two models for tour (Mulberry and Nightingale plans) Within walking distance of King Elementary School, Rutherford B. Gaston Middle School and Edison High School in Fresno Unified School District Near Fresno City College's West Fresno Center Starbucks now open in West Creek Village, with a grocery anchor, national retailers and a medical center planned Community Location
2486 S. Carver Avenue
Fresno, CA 93706
559.558.5610

DISCOVER THE FREEDOM OF ONLINE HOMEBUYING:
Century Communities is proud to feature its industry‑first online homebuying experience on all available homes in Central California.

Shop homes at CenturyCommunities.com Click "Buy Now" on any available home Fill out a quick Buy Online form Electronically submit an initial earnest money deposit Electronically sign a purchase contract via DocuSign® Learn more about the Buy Online experience at www.CenturyCommunities.com/online-homebuying.

FREQUENTLY ASKED QUESTIONS

Question: Where is Traditions at West Creek Village located?
Answer: Traditions at West Creek Village is located at 2486 S. Carver Avenue in Fresno, CA 93706, within the 120-acre West Creek Village planned community in Southwest Fresno. The community is within walking distance of King Elementary, Gaston Middle and Edison High schools and near Fresno City College's West Fresno Center.

Question: When is the Grand Opening for Traditions at West Creek Village?
Answer: The Grand Opening for Traditions at West Creek Village in Fresno, California, is Saturday, October 24, 2026, from 11 a.m. to 1 p.m. Guests can tour the Mulberry and Nightingale model homes, meet the Century Communities team and enjoy free food and activities.

Question: What floor plans are offered at Traditions at West Creek Village?
Answer: Traditions at West Creek Village in Fresno, California, features five two-story single-family floor plans—the Leyland, Mulberry, Oak, Lanner and Nightingale—from 1,538 to 2,287 square feet, with 3 to 5 bedrooms, 2.5 to 3 baths and 2-car garages. Plans range from the upper $300s to the low $400s.

Question: What is planned for West Creek Village in Southwest Fresno?
Answer: West Creek Village is a 120-acre planned community in Southwest Fresno developed by 2500 MLK LLC, where Century Communities is building Traditions at West Creek Village. Fresno City College's West Fresno Center and a Starbucks are already open, and future plans include a grocery anchor, national retailers, and a medical center.

About Century Communities
Century Communities, Inc. (NYSE: CCS) is one of the nation's largest homebuilders and a recognized industry leader in online home sales. Newsweek has named the Company one of America's Most Trustworthy Companies for four consecutive years. Through its Century Communities and Century Complete brands, Century's mission is to build attractive, high-quality homes at affordable prices to provide its valued customers with A HOME FOR EVERY DREAM®. Century is engaged in all aspects of homebuilding — including the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Company operates in 16 states and over 45 markets across the U.S., and also offers mortgage, title, insurance brokerage, and escrow services in select markets through its Inspire Home Loans, Parkway Title, IHL Home Insurance Agency, and IHL Escrow subsidiaries. To learn more about Century Communities, please visit www.centurycommunities.com.

SOURCE Century Communities, Inc.

Century Communities to Celebrate October Grand Opening of Rainier Ridge Estates, Offering New Homes in Enumclaw, WAPR NewswireENUMCLAW, Wash., Oct. 20, 2026Ramb

Old Praters Mill is now selling new single-family homes from the upper $200s

KEY TAKEAWAYS

October 17 Grand Opening: Century Complete will host a Grand Opening at Old Praters Mill in Dalton, GA on Saturday, Oct. 17, from 11 a.m. to 2 p.m.
Starting price: Single-family homes at Old Praters Mill start from the upper $200s.
Floor plans: Old Praters Mill offers three single-family floor plans up to 1,965 square feet and 4 bedrooms.
Standard features: Every home at Old Praters Mill includes quartz countertops, stainless-steel appliances, Kohler® brand fixtures, and luxury vinyl-plank flooring.
Location: Old Praters Mill offers easy access to I-75, Chattanooga, TN, and employment centers across Northwest Georgia and Southeast Tennessee.
, /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)—a top national homebuilder, industry leader in online home sales, and featured on America's Most Trustworthy Companies by Newsweek—today announced that its Century Complete brand is now selling new single-family homes at Old Praters Mill in Dalton, Ga., with pricing starting from the upper $200s. The community will celebrate with a Grand Opening on Saturday, Oct. 17, from 11 a.m. to 2 p.m.

Learn more, explore available homes, and RSVP for the Grand Opening at www.CenturyCommunities.com/OldPratersMillGO.

Berkshire Plan Exterior Rendering | New Homes in Dalton, GA | Old Praters Mill by Century Complete

At the Grand Opening, attendees can tour move-in ready homes, meet the Century Complete team, and learn about home savings and financing available through affiliate lender, Inspire Home Loans®.

"Century Complete is built around making new construction attainable, and Old Praters Mill is a clear example of that in Northwest Georgia," said Regional President Cliff Niederpruem. "Starting from the upper $200s, buyers get a choice of three floor plans with a full set of impressive features, plus easy access to I-75 and regional job hubs."

Old Praters Mill offers three one- and two-story floor plans, with 1,562 to 1,965 square feet, 3 to 4 bedrooms, and 2 to 2.5 bathrooms. Every plan includes a 2-car garage, and every home features a modern, open-concept layout and designer features.

OLD PRATERS MILL | DALTON, GA
Now Selling from the upper $200s

Limited-opportunity homesites
One- and two-story floor plans up to 1,965 square feet and 4 bedrooms
Quartz countertops, stainless-steel appliances, Kohler brand fixtures and luxury vinyl-plank flooring in every home
Easy access to I-75, Chattanooga, and employment centers across Northwest Georgia and Southeast Tennessee
Near local shopping, dining, and outdoor recreation
Community Location
156 Old Prater Mill Road NE
Dalton, GA 30721
678.298.4617

VISIT OUR SALES STUDIO
While our state-of-the-art online homebuying process allows you to buy on your terms—24 hours a day, 7 days a week, 365 days a year—we also offer in-person assistance from local experts at our Sales Studio.

Georgia West Studio
5575 New Northside Drive, Suite 150
Sandy Springs, GA 30339
678.298.4617

DISCOVER THE FREEDOM OF ONLINE HOMEBUYING:
Century Complete is proud to feature its industry‑first online homebuying experience on all available homes in Georgia.

Shop homes at CenturyCommunities.com
Click "Buy Now" on any available home
Fill out a quick Buy Online form
Electronically submit an initial earnest money deposit
Electronically sign a purchase contract via DocuSign®
Learn more about the Buy Online experience at www.CenturyCommunities.com/online-homebuying.

FREQUENTLY ASKED QUESTIONS

Question: Is Old Praters Mill in Dalton, GA, now selling homes?
Answer: Yes. Century Complete is now selling new single-family homes at Old Praters Mill in Dalton, GA, from the upper $200s.

Question: When is the Grand Opening at Old Praters Mill in Dalton, GA?
Answer: The Grand Opening Event at Old Praters Mill is Saturday, October 17, from 11 a.m. to 2 p.m. Attendees can tour move-in ready homes and meet the Century Complete team.

Question: Is Old Praters Mill in Dalton, GA now selling homes?
Answer: Yes, Century Complete is now selling new single-family homes at Old Praters Mill in Dalton, GA from the upper $200s.

Question: Where is Old Praters Mill located?
Answer: Old Praters Mill is a Century Complete community at 156 Old Prater Mill Road NE, Dalton, GA 30721. It offers easy access to I-75 and Chattanooga, TN.

Question: What floor plans are available at Old Praters Mill in Dalton, GA?
Answer: Old Praters Mill offers three single-family floor plans from 1,562 to 1,965 square feet, including the one-story Scottsdale, the two-story Auburn, and the two-story Berkshire plans. Plans range from 3 to 4 bedrooms and 2 to 2.5 bathrooms, and each includes a 2-car garage.

Question: What is included in every home at Old Praters Mill in Dalton, GA?
Answer: Every home at Old Praters Mill includes quartz countertops, stainless-steel appliances, Kohler brand fixtures, and luxury vinyl-plank flooring.

Question: What schools serve Old Praters Mill in Dalton, GA?
Answer: Old Praters Mill is zoned for Varnell Elementary School, North Whitfield Middle School and Coahulla Creek High School.

About Century Communities
Century Communities, Inc. (NYSE: CCS) is one of the nation's largest homebuilders and a recognized industry leader in online home sales. Newsweek has named the Company one of America's Most Trustworthy Companies for four consecutive years. Through its Century Communities and Century Complete brands, Century's mission is to build attractive, high-quality homes at affordable prices to provide its valued customers with A HOME FOR EVERY DREAM®. Century is engaged in all aspects of homebuilding — including the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Company operates in 16 states and over 45 markets across the U.S., and also offers mortgage, title, insurance brokerage, and escrow services in select markets through its Inspire Home Loans, Parkway Title, IHL Home Insurance Agency, and IHL Escrow subsidiaries. To learn more about Century Communities, please visit www.centurycommunities.com. 

SOURCE Century Communities, Inc.

Versatile two-story floor plans on estate-sized homesites coming soon from the upper $600s

KEY TAKEAWAYS

New single-family homes in Cumming, GA: Hayden Brook by Century Communities will offer 105 estate-sized homesites over three phases, with homes priced from the upper $600s. Grand Opening Oct. 17: Hayden Brook will celebrate its Grand Opening on Saturday, Oct. 17, from 11 a.m. to 1 p.m., featuring model tours, refreshments and a giveaway. Two-story floor plans: The Birch, Sapling and Hazel at Hayden Brook range from 2,987 to 3,829 square feet with 4 to 6 bedrooms, starting at $688,990. Room to grow and flexible living spaces: Every Hayden Brook floor plan includes a main-level bedroom, and select plans add a study, loft or gameroom. Future amenities: A pool, pavilion with restrooms, playground, and mail kiosk are planned for the community. Assigned schools: Schools assigned to Hayden Brook are Coal Mountain Elementary, North Forsyth Middle and North Forsyth High. Convenient location: Hayden Brook is located about three miles from GA 400 and about two miles from Matt Town Center shopping and dining. , /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)—a top national homebuilder, industry leader in online home sales, and featured on America's Most Trustworthy Companies by Newsweek—announced it will host a Grand Opening at Hayden Brook, the Company's anticipated new community offering single-family homes in Cumming, GA, from the upper $600s. The celebration will take place on Saturday, October 17, from 11 a.m. to 1 p.m. Ahead of the Grand Opening event, Century Communities will host a ribbon-cutting and agent preview on Thursday, October 15.

Aerial Photo of Hayden Brook | New Homes in Cumming, GA by Century Communities

Hazel Model Kitchen | New Homes for Sale in Cumming, GA | Hayden Brook by Century Communities

Hazel Model Exterior | New Builds in Cumming, GA | Hayden Brook by Century Communities Learn more about Hayden Brook and RSVP for the Grand Opening at www.CenturyCommunities.com/HaydenBrookGO.

"Hayden Brook gives homebuyers room to grow, with estate-sized homesites and modern floor plans that include main-level bedrooms, plus flexible living spaces like studies, lofts and gamerooms," said Tom Bowers, Atlanta Division President. "Our Grand Opening is the ideal time for interested homebuyers to tour our model home and find their best new home fit at Hayden Brook."

Homebuyers can choose from three two-story floor plans: the Birch, with 2,987 square feet, 4 bedrooms and 3 bathrooms; the Sapling, with 3,403 square feet, 5 bedrooms and 4 bathrooms; and the Hazel, with 3,829 square feet, 6 bedrooms and 5.5 bathrooms. Every plan includes a main-level bedroom and a 2-car garage. Select plans add flexible space such as a study, loft or gameroom.

Hayden Brook is conveniently located about three miles from GA 400 and shopping centers, and about two miles from Matt Town Center's shops and restaurants. The Crossing at Coal Mountain, an upcoming retail and dining center, is less than two miles away. North Forsyth Middle and North Forsyth High, both of which are highly rated by GreatSchools, are each 1.4 miles from the community.

Matt Community Park, about three miles away, offers turf soccer fields, a playground, trails and tennis courts. Lake Lanier, Sawnee Mountain Preserve, Central Park, and Coal Mountain Park offer additional recreation nearby.

HAYDEN BROOK | CUMMING, GA
Grand Opening on Oct. 17 | Coming soon from the upper $600s

105 estate-sized homesites Two-story floor plans from 2,987 to 3,829 square feet, with 4 to 6 bedrooms Open-concept layouts and flexible living spaces, with a main-level bedroom in every plan Future pool, pavilion with restrooms, playground, and mail kiosk Secondary amenity area with pocket park and trails Minutes from shopping and dining Close proximity to GA 400, shopping, and dining Easy access to Matt Community Park, Lake Lanier, and Sawnee Mountain Preserve Approximately six miles from Atlanta Cricket Fields Community Location
3910 Peach Blossom Lane
Cumming, GA 30028
678.451.1017

DISCOVER THE FREEDOM OF ONLINE HOMEBUYING:
Century Communities is proud to feature its industry‑first online homebuying experience on all available homes in metro Atlanta.

Shop homes at CenturyCommunities.com
Click "Buy Now" on any available home
Fill out a quick Buy Online form
Electronically submit an initial earnest money deposit
Electronically sign a purchase contract via DocuSign®

Learn more about the Buy Online experience at www.CenturyCommunities.com/online-homebuying.

FREQUENTLY ASKED QUESTIONS

Question: When is the Hayden Brook Grand Opening?
Answer: The Hayden Brook Grand Opening will be held on Saturday, Oct. 17, from 11 a.m. to 1 p.m. in Cumming, GA. The celebration includes refreshments and a giveaway.

Question: How much do new homes cost at Hayden Brook?
Answer: New homes at Hayden Brook in Cumming, GA, start at $688,990. Three two-story floor plans range from 2,987 to 3,829 square feet.

Question: What amenities are planned at Hayden Brook in Cumming, GA?
Answer: Planned amenities at Hayden Brook include a pool, pavilion with restrooms, playground, and mail kiosk.

Question: Where is Hayden Brook located?
Answer: Hayden Brook is located in Cumming, GA 30028. The community model is at 3910 Peach Blossom Lane, Cumming, GA 30028.

About Century Communities
Century Communities, Inc. (NYSE: CCS) is one of the nation's largest homebuilders and a recognized industry leader in online home sales. Newsweek has named the Company one of America's Most Trustworthy Companies for four consecutive years. Through its Century Communities and Century Complete brands, Century's mission is to build attractive, high-quality homes at affordable prices to provide its valued customers with A HOME FOR EVERY DREAM®. Century is engaged in all aspects of homebuilding — including the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Company operates in 16 states and over 45 markets across the U.S., and also offers mortgage, title, insurance brokerage, and escrow services in select markets through its Inspire Home Loans, Parkway Title, IHL Home Insurance Agency, and IHL Escrow subsidiaries. To learn more about Century Communities, please visit www.centurycommunities.com.

SOURCE Century Communities, Inc.

Century Communities is downgraded to 'hold' due to deteriorating short-term housing market conditions and declining revenue and profitability. CCS's valuation now appears fair rather than attractive, with forward multiples in line with peers and rising net leverage to 5.47x. Management is using incentives to support backlog, but average home prices and margins are falling, signaling weaker demand.

, /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a leading national homebuilder, today announced that the Company will release its third quarter 2026 financial results after the market closes on Wednesday, October 28, 2026. A conference call will be held that same day at 5:00 p.m. Eastern time, 3:00 p.m. Mountain time, to review the Company's third quarter results, discuss recent events and conduct a question-and-answer session.

Webcast:
The conference call will be available in the Investors section of the Company's website at www.centurycommunities.com. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software.

To Participate in the Telephone Conference Call:
Dial in at least 5 minutes prior to start time
Domestic: 1-833-461-5787
International: 1-585-542-9983
Conference ID: 100 064 380

About Century Communities:
Century Communities, Inc. (NYSE: CCS) is one of the nation's largest homebuilders and a recognized industry leader in online home sales. Newsweek has named the Company one of America's Most Trustworthy Companies for four consecutive years. Century Communities has also been designated as one of U.S. News & World Report's Best Companies to Work For (2025–2026). Through its Century Communities and Century Complete brands, Century's mission is to build attractive, high-quality homes at affordable prices to provide its valued customers with A HOME FOR EVERY DREAM®. Century is engaged in all aspects of homebuilding — including the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Company operates in 16 states and over 45 markets across the U.S., and also offers mortgage, title, insurance brokerage, and escrow services in select markets through its Inspire Home Loans, Parkway Title, IHL Home Insurance Agency, and IHL Escrow subsidiaries. To learn more about Century Communities, please visit www.centurycommunities.com.

Contact Information:
Tyler Langton
Senior Vice President, Investor Relations and Finance
303-268-8345
[email protected]

SOURCE Century Communities, Inc.

Priced from the high $600s, single-family floor plans at the community offer 4 to 6 bedrooms

KEY TAKEAWAYS

Grand Opening Event: Century Communities hosted the Grand Opening of Lakewood Heights in Marysville, Washington, on September 26, from 10 a.m. to 6 p.m., featuring tours of the new Noah plan model home. Floor Plans Offering Room to Grow: Lakewood Heights offers six single-family floor plans ranging from 2,164 to 3,392 square feet, priced from the high $600s. Select plans offer finished basements, main-floor bedrooms, and covered patios. Neighborhood Recreation & Gathering Spaces: The community will feature more than seven acres of open space plus a walkable design with approximately 1.5 acres of planned active recreation, including parks, open green spaces, a grass volleyball court, a multi-purpose sports court, and horseshoe pits. Connected Location: Lakewood Heights sits approximately two miles from I-5, 15 miles from downtown Everett, and 20 miles from the Boeing Everett/Paine Field area. , /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)—a top national homebuilder, industry leader in online home sales, and featured on America's Most Trustworthy Companies by Newsweek—recently celebrated the Grand Opening of Lakewood Heights, a new community in Marysville priced from the high $600s. Located in North Snohomish County with convenient access to I-5, Everett and major regional employment centers, Lakewood Heights pairs versatile floor plans with more than seven acres of open space and a future 1.5 acres of recreational amenities.

Aerial View of Lakewood Heights | New Homes in Marysville, WA by Century Communities

Finley Floor Plan Kitchen | New Homes for Sale in Marysville, WA by Century Communities Learn more, explore available homes, and contact the sales team at www.CenturyCommunities.com/LakewoodHeightsGO

The Grand Opening celebration took place on Saturday, September 26, from 10 a.m. to 6 p.m. Attendees toured the merchandised Noah plan model home, explored available homesites and floor plans, and enjoyed festive, fall-inspired bites and beverages. Interested homebuyers who weren't able to attend the Grand Opening are encouraged to make an appointment for a private tour. Walk-ins are also welcome.

"Lakewood Heights offers Marysville buyers modern new floor plans with flexible features that expand home space and possibilities, such as finished basements," said Mick Cermak, Washington Division President. "Plans for open space and outdoor amenities make the community ideal for those looking for quality homes in a location with room to breathe."

All six floor plans feature open-concept living spaces, gourmet kitchens with spacious islands, quartz countertops, luxury vinyl-plank flooring, deluxe primary baths, flexible loft and bonus room designs, and the Century Home Connect® smart home package. Select plans add main-floor bedrooms, finished basements, and covered patios.

LAKEWOOD HEIGHTS | MARYSVILLE, WA
Priced from the high $600s 

Six single-family floor plans ranging from 2,164 to 3,392 square feet 4 to 6 bedrooms, 2.25 to 3.75 bathrooms, and attached 2-car garages Open-concept layouts with gourmet kitchens, deluxe primary baths, quartz countertops, Century Home Connect® smart home package, and more Walkable community design with more than seven acres of open space and approximately 1.5 acres of planned active recreation, including parks, open green spaces, a grass volleyball court, a multi-purpose sports court, and horseshoe pits Eight miles from downtown Marysville with easy access to employment and entertainment hubs Convenient proximity to local schools, I-5, Everett and major North Snohomish County employment centers Community Location
1125 172nd Street NE
Marysville, WA 98271
425.599.2211

DISCOVER THE FREEDOM OF ONLINE HOMEBUYING:

Century Communities is proud to feature its industry‑first online homebuying experience on all available homes in Washington.

Shop homes at CenturyCommunities.com Click "Buy Now" on any available home Fill out a quick Buy Online form Electronically submit an initial earnest money deposit Electronically sign a purchase contract via DocuSign® Learn more about the Buy Online experience at www.CenturyCommunities.com/online-homebuying.

FREQUENTLY ASKED QUESTIONS

Question: What is Lakewood Heights?
Answer: Lakewood Heights is a new single-family home community by Century Communities in Marysville, Washington, offering six floor plans from 2,164 to 3,392 square feet, priced from the high $600s.

Question: When was the Grand Opening event?
Answer: The Grand Opening took place on September 26, from 10 a.m. to 6 p.m., at 1125 172nd Street NE, Marysville, Washington 98271.

Question: What floor plans are available at Lakewood Heights?
Answer: Lakewood Heights offers six two-story floor plans: Ponderosa, Finley, Noah, Rose, Luna Basement, and Noah Basement.

Question: Do the homes at Lakewood Heights offer any special features?
Answer: Homes at Lakewood Heights feature a range of exciting details, such as deluxe primary baths, gourmet kitchens, quartz countertops, walk-in closets, and more.

Question: What amenities does Lakewood Heights offer?
Answer: The community plans to offer more than seven acres of open space and approximately 1.5 acres of active recreation, including parks, open green spaces, a grass volleyball court, a multi-purpose sports court, and horseshoe pits.

About Century Communities
Century Communities, Inc. (NYSE: CCS) is one of the nation's largest homebuilders and a recognized industry leader in online home sales. Newsweek has named the Company one of America's Most Trustworthy Companies for four consecutive years. Through its Century Communities and Century Complete brands, Century's mission is to build attractive, high-quality homes at affordable prices to provide its valued customers with A HOME FOR EVERY DREAM®. Century is engaged in all aspects of homebuilding — including the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Company operates in 16 states and over 45 markets across the U.S., and also offers mortgage, title, insurance brokerage, and escrow services in select markets through its Inspire Home Loans, Parkway Title, IHL Home Insurance Agency, and IHL Escrow subsidiaries. To learn more about Century Communities, please visit www.centurycommunities.com. 

SOURCE Century Communities, Inc.

Top builder to debut five new single-family floor plans from the low $400s—each featuring two-story layouts with lofts and up to 2,800 square feet—in a convenient location 18 miles from downtown Nashville

KEY TAKEAWAYS

Grand Opening Event: Century Communities will celebrate the Grand Opening of Martins Glen in Antioch, Tennessee, on Saturday, October 3, 2026.Model Home Debut: The event includes a first look at the community's newly decorated Meadowlark model home.Five Floor Plans Offer Adaptable Living Space: Martins Glen offers five two-story floor plans ranging from 3 to 5 bedrooms and 1,942 to 2,800 square feet, with pricing from the low $400s. Each plan includes a versatile loft space. Select plans also offer studies, covered patios, main-floor primary suites, upstairs media rooms, and electric fireplaces with shiplap.Convenient Location: The community sits minutes from Tanger Outlets Nashville, I-24 and Four Corners Marina on Percy Priest Lake, with easy access to downtown Nashville.Planned Amenities: Martins Glen will include a playground and walking trail., /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)—a top national homebuilder, industry leader in online home sales, and featured on America's Most Trustworthy Companies by Newsweek—announced that a Grand Opening will be held for Martins Glen on October 3, 2026, debuting the community's new Meadowlark plan model home. Featuring new homes from the low $400s in Antioch, TN, Martins Glen will allow homebuyers to choose from five two-story, single-family floor plans—with a select number of wooded homesites available—conveniently located just minutes from Tanger Outlets Nashville, I-840 and Four Corners Marina on Percy Priest Lake, and with quick access to downtown Nashville for employment and entertainment.

Learn more, join the interest list, and RSVP for the Grand Opening at www.CenturyCommunities.com/MartinsGlenGO.

"We're proud that Martins Glen will offer homebuyers a versatile selection of modern floor plans with flexible living spaces, set in a connected location with convenient proximity to downtown Nashville and just minutes from Percy Priest Lake," said Division President Zack Adler. "Prospective homebuyers should RSVP to attend the community Grand Opening to tour our beautiful new Meadowlark model, explore our floor plans, and find a home that best fits their needs and lifestyle."

Select plans include private studies, covered patios, main-floor primary suites, upstairs media rooms, and electric fireplaces with shiplap. The Century Home Connect® smart home package comes standard.

MARTINS GLEN | ANTIOCH, TN
Grand Opening October 3 | From the low $400s

78 single-family homesites (wooded homesites available)Five two-story floor plans3 to 5 bedrooms, 2.5 to 3 bathrooms, 1,942 to 2,800 square feetEach two-story plan includes a loft. Select plans include private studies, covered patios, main-floor primary suites, upstairs media rooms, and electric fireplaces with shiplapNewly opened Meadowlark model home featuring designer-selected finishesMinutes from Tanger Outlets Nashville, I-840 and Four Corners Marina on Percy Priest LakeEasy access to downtown NashvillePlanned playground and walking trailCommunity Location
1000 Hittinger Drive
Antioch, TN 37013
615.349.8719

DISCOVER THE FREEDOM OF ONLINE HOMEBUYING:

Century Communities is proud to feature its industry‑first online homebuying experience on all available homes in Tennessee.

Shop homes at CenturyCommunities.comClick "Buy Now" on any available homeFill out a quick Buy Online formElectronically submit an initial earnest money depositElectronically sign a purchase contract via DocuSign®Learn more about the Buy Online experience at www.CenturyCommunities.com/online-homebuying.

FREQUENTLY ASKED QUESTIONS

Question: What is Martins Glen?
Answer: Martins Glen is a new single-family home community by Century Communities in Antioch, Tennessee, offering five floor plans from the low $400s.

Question: When is the Grand Opening event for Martins Glen?
Answer: The Grand Opening takes place Saturday, October 3, 2026, and includes a tour of the community's newly decorated Meadowlark model home.

Question: What floor plans are available at Martins Glen?
Answer: Martins Glen offers five two-story floor plans: Lanner, Meadowlark, Nightingale, Osprey and Grandby, ranging from 1,942 to 2,800 square feet, with 3 to 5 bedrooms, 2.5 to 3 bathrooms and 2-car garages.

Question: What amenities will Martins Glen offer?
Answer: Martins Glen's planned amenities include a playground and a walking trail.

Question: What schools serve Martins Glen?
Answer: Martins Glen is located within the boundary for Metropolitan Nashville Public Schools. The community is zoned for Mt. View Elementary, John F. Kennedy Middle and Antioch High School.

Question: How far is Martins Glen from downtown Nashville?
Answer: Martins Glen sits about 18 miles from downtown Nashville. The community is located at 1000 Hittinger Drive, Antioch, TN 37013, roughly five miles from Tanger Outlets Nashville, with new single-family homes from 1,942 to 2,800 square feet.

About Century Communities
Century Communities, Inc. (NYSE: CCS) is one of the nation's largest homebuilders and a recognized industry leader in online home sales. Newsweek has named the Company one of America's Most Trustworthy Companies for four consecutive years. Through its Century Communities and Century Complete brands, Century's mission is to build attractive, high-quality homes at affordable prices to provide its valued customers with A HOME FOR EVERY DREAM®. Century is engaged in all aspects of homebuilding — including the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Company operates in 16 states and over 45 markets across the U.S., and also offers mortgage, title, insurance brokerage, and escrow services in select markets through its Inspire Home Loans, Parkway Title, IHL Home Insurance Agency, and IHL Escrow subsidiaries. To learn more about Century Communities, please visit www.centurycommunities.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/century-communities-to-celebrate-grand-opening-of-new-homes-located-southeast-of-nashville-and-minutes-from-percy-priest-lake-302891679.html

SOURCE Century Communities, Inc.

Century Communities Announces September Grand Opening of Hillside Glenn, Offering New Homes for Sale in Newton, NCPR NewswireNEWTON, N.C., Sept. 22, 2026Wooded,

New construction community offers quality and affordable two-story floor plans in Upstate South Carolina

KEY TAKEAWAYS

Attainable new homes in Anderson, SC: Shockley Bend offers new single-family homes priced from the mid $200s Flexible two-story floor plans: Shockley Bend offers three two-story plans ranging from 1,566 to 1,965 square feet, with 3 to 4 bedrooms, 2.5 bathrooms, and 1- to 2-car garages. Quality features included: Every home at Shockley Bend includes 36" full-overlay kitchen cabinets, Lyra Quartz countertops by Cosentino®, Kohler® plumbing fixtures, Shaw® luxury vinyl plank flooring, Schlage® satin nickel hardware, an Igloo® smart front door lock, and LG® stainless-steel appliances. Prime Upstate location: Shockley Bend sits minutes from downtown Anderson, SC, with convenient access to Lake Hartwell, Clemson, Greenville, and Atlanta. Available to buy online: Every available home at Shockley Bend in Anderson, SC can be purchased through Century Complete's online homebuying experience. , /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)—a top national homebuilder, industry leader in online home sales, and featured on America's Most Trustworthy Companies by Newsweek—announced that the Company's Century Complete brand is now selling at Shockley Bend, a new construction community in Anderson, South Carolina, offering quality two-story floor plans priced from the mid $200s.

Learn more and explore available homes at www.CenturyCommunities.com/ShockleyBendSC.

Berkshire Plan Exterior Rendering | New Homes in Anderson, SC | Shockley Bend by Century Complete

Auburn Plan Exterior Rendering | New Homes in Anderson, SC | Shockley Bend by Century Complete "Shockley Bend offers buyers an attainable opportunity to own a brand-new home in a scenic, connected setting in Upstate South Carolina," said Cliff Niederpruem, Regional President. "With a strong selection of homesites available, buyers have the ability to choose from some of the most desirable locations in the community. Combined with meaningful incentives through our affiliate lender and pricing that remains highly competitive in the market, Shockley Bend stands out as one of the strongest overall value propositions for homebuyers in the area."

Homebuyers can choose from three two-story floor plans at Shockley Bend: the Auburn (1,566 square feet, 3 bedrooms, 2.5 bathrooms, 2-car garage), the Bennington (1,765 square feet, 4 bedrooms, 2.5 bathrooms, 1-car garage), and the Berkshire (1,965 square feet, 4 bedrooms, 2.5 bathrooms, 2-car garage). Every home includes 36" full-overlay kitchen cabinets, Lyra Quartz countertops by Cosentino, Kohler plumbing fixtures, Shaw luxury vinyl plank flooring, Schlage satin nickel hardware, an Igloo smart front door lock, and LG stainless-steel appliances.

SHOCKLEY BEND | ANDERSON, SC
Now selling from the mid $200s

Three two-story floor plans 1,566 to 1,965 square feet, 3 to 4 bedrooms, and 2.5 bathrooms 1- to 2-car garages 36" full-overlay kitchen cabinets, Lyra Quartz countertops by Cosentino, Kohler plumbing fixtures, Shaw luxury vinyl plank flooring, Schlage satin nickel hardware, Igloo smart front door lock, and LG stainless-steel appliances Minutes from downtown Anderson Proximity to recreational opportunities at Lake Hartwell Convenient access to Clemson, Greenville, and Atlanta Community Location
127 Moore Street
Anderson, SC 29624
864.539.2983

VISIT OUR SALES STUDIO

While our state-of-the-art online homebuying process allows you to buy on your terms—24 hours a day, 7 days a week, 365 days a year—we also offer in-person assistance from local experts at our Sales Studio.

Upstate Studio
1401 Woodruff Road, Suite B
Greenville, SC 29615
864.539.2983

THE FREEDOM OF ONLINE HOMEBUYING

Century Complete is proud to feature its industry-first online homebuying experience on all available homes in South Carolina, allowing homebuyers to easily find their best fit and purchase when they're ready—all while continuing to work with their local real estate agent of choice. Homebuyers can further streamline the homebuying process by financing online with Century Complete's affiliate lender, Inspire Home Loans®.

How it works:

Shop homes at CenturyCommunities.com Click "Buy Now" on any available home Fill out a quick Buy Online form Electronically submit an initial earnest money deposit Electronically sign a purchase contract via DocuSign® Learn more about the Buy Online experience at www.CenturyCommunities.com/online-homebuying.

FREQUENTLY ASKED QUESTIONS

Question: Where is Shockley Bend located?
Answer: Shockley Bend is a new Century Complete community in Anderson, South Carolina, with convenient access to Lake Hartwell, Clemson, Greenville, and Atlanta. The address is 127 Moore Street, Anderson, SC 29624.

Question: What is the pricing at Shockley Bend in Anderson, SC?
Answer: New homes at Shockley Bend in Anderson, SC are now selling from the mid $200s.

Question: What floor plans are available at Shockley Bend?
Answer: Shockley Bend in Anderson, SC offers three two-story plans: the Auburn (1,566 square feet, 3 bedrooms, 2.5 bathrooms, 2-car garage), the Bennington (1,765 square feet, 4 bedrooms, 2.5 bathrooms, 1-car garage), and the Berkshire (1,965 square feet, 4 bedrooms, 2.5 bathrooms, 2-car garage).

Question: What features are included in the price at Shockley Bend?
Answer: Every home at Shockley Bend in Anderson, SC comes standard with 36" full-overlay kitchen cabinets, Lyra Quartz countertops by Cosentino, Kohler plumbing fixtures, Shaw luxury vinyl plank flooring, Schlage satin nickel hardware, an Igloo smart front door lock, and LG stainless-steel appliances.

Question: Can I buy a home online at Shockley Bend?
Answer: Yes. Century Complete's industry-first online homebuying lets you shop available homes at Shockley Bend in Anderson, SC and complete your purchase through the Buy Now process, while continuing to work with your local real estate agent of choice.

About Century Communities

Century Communities, Inc. (NYSE: CCS) is one of the nation's largest homebuilders and a recognized industry leader in online home sales. Newsweek has named the Company one of America's Most Trustworthy Companies for four consecutive years. Through its Century Communities and Century Complete brands, Century's mission is to build attractive, high-quality homes at affordable prices to provide its valued customers with A HOME FOR EVERY DREAM®. Century is engaged in all aspects of homebuilding — including the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Company operates in 16 states and over 45 markets across the U.S., and also offers mortgage, title, insurance brokerage, and escrow services in select markets through its Inspire Home Loans, Parkway Title, IHL Home Insurance Agency, and IHL Escrow subsidiaries. To learn more about Century Communities, please visit www.centurycommunities.com.

SOURCE Century Communities, Inc.

Investors might want to bet on Century Communities (CCS - Free Report) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.

The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.

Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street analysts, as these are mostly driven by subjective factors that are hard to see and measure in real time.

Therefore, the Zacks rating upgrade for Century Communities basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.

Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their transaction of large amounts of shares then leads to price movement for the stock.

For Century Communities, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company's underlying business. And investors' appreciation of this improving business trend should push the stock higher.

Harnessing the Power of Earnings Estimate RevisionsEmpirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .

Earnings Estimate Revisions for Century CommunitiesFor the fiscal year ending December 2026, this single-family homebuilder is expected to earn $4.86 per share, which is unchanged compared with the year-ago reported number.

Analysts have been steadily raising their estimates for Century Communities. Over the past three months, the Zacks Consensus Estimate for the company has increased 26.6%.

Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.

You can learn more about the Zacks Rank here >>>

The upgrade of Century Communities to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.

Here are three stocks with buy rank and strong income characteristics for investors to consider today, September 10th:

Eni (E - Free Report) : This integrated energy company, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.5% over the last 60 days.

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 3.2%, compared with the industry average of 1.3%.

Century Communities (CCS - Free Report) : This home building and construction company, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 26.6% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 2.1%, compared with the industry average of 0.0%.

BRP (DOO - Free Report) : This company, which designs, develops, manufactures and distributes recreational vehicles, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.2% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 1.1%, compared with the industry average of 0.0%.

See the full list of top ranked stocks here.

Find more top income stocks with some of our great premium screens

Woodside Energy Group (ASX: WDS) (NYSE: WDS):This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260824

For Immediate ReleaseChicago, IL – August 27, 2026 – Today, Zacks Equity PulteGroup, Inc. (PHM - Free Report) , M/I Homes, Inc. (MHO - Free Report) and Century Communities, Inc. (CCS - Free Report)

Industry: Homebuilders

Link: https://www.zacks.com/commentary/2980517/3-homebuilder-stocks-built-to-benefit-from-housing-market-tailwinds

The Zacks Building Products - Home Builders industry continues to benefit from several structural factors that support its long-term growth prospects in 2026. Tight housing supply and steady underlying demand for homeownership continue to create opportunities for builders. Easing mortgage rates could gradually improve affordability and buyer confidence, while builders are adapting to affordability constraints through mortgage buydown programs and a greater focus on build-to-order activity to address varied buyer needs. 

Leading players like PulteGroup, Inc., M/I Homes, Inc. and Century Communities, Inc. re also leveraging disciplined cost controls, operating efficiencies, diversified business models, asset-light strategies and selective acquisitions to strengthen their competitive positions and capture long-term growth opportunities.

Nonetheless, the near-term operating environment remains challenging. Housing affordability continues to keep many prospective buyers on the sidelines, while demand remains highly sensitive to mortgage-rate movements and broader economic uncertainty. Elevated incentive activity is pressuring margins and limiting pricing flexibility. At the same time, rising land prices, tariff-related material cost inflation, labor shortages and limited lot availability are adding to construction costs. These factors could continue to weigh on profitability across the industry, requiring builders to carefully balance affordability, sales pace and margins.

Industry DescriptionThe Zacks Building Products - Home Builders industry comprises manufacturers of residential and commercial buildings. Some industry players are involved in providing financial services that include selling mortgages and collecting fees for title insurance agencies, as well as closing services. 

The industry players are involved in building single-family detached and attached home communities, townhouses, condominiums, duplexes and triplexes, master-planned luxury residential resort-style golf communities, and urban low, mid and high-rise communities. The companies are also involved in the purchase, development and sale of residential land. The companies build and own multi-family rental properties, residential real estate, and oil and gas assets.

4 Trends Shaping the Homebuilding Industry's FutureStructural Housing Shortage, Favorable Demographics & Household Formation: The U.S. homebuilding industry continues to benefit from a structural housing shortage created by years of underbuilding, providing a long-term foundation for demand despite near-term affordability challenges. Favorable demographic trends further support the market, as millennials enter peak homebuying years and delayed purchasers increasingly seek homes amid rising incomes and family formation. Population growth, job creation and wage gains across many regions are also driving household formation, reinforcing the industry's long-term demand outlook even during periods of economic uncertainty.

Focus on Build-to-Order Model, Community Expansion, Discipline Inventory Management & Adoption of Technology: A notable trend in 2026 is the industry's shift back toward build-to-order homes. Builders are placing greater emphasis on selling homes before construction is completed rather than relying heavily on speculative inventory. This approach improves backlog visibility, reduces the need for aggressive incentives and generally supports stronger profitability. Meanwhile, with sales absorption rates remaining under pressure, builders are increasingly relying on community count expansion to support growth. 

New community openings are becoming a primary driver of order growth, allowing companies to capture demand across more geographic markets. This strategy is helping offset softer sales activity at individual communities. The industry has also become increasingly focused on balancing production with demand. Builders have reduced completed speculative inventory, aligned housing starts more closely with sales pace and adopted more disciplined inventory management practices. This approach has helped limit excess supply while preserving pricing power and profitability.

The adoption of technology in construction presents a key opportunity for homebuilders in 2026. The integration of generative AI, robotics, and 3D printing can improve efficiency, reduce labor costs, and speed up project timelines. Builders who embrace these innovations can streamline operations, address labor shortages, and improve quality, ultimately gaining a competitive advantage in the market.

Housing Affordability & Economic Uncertainties: Housing affordability remains one of the most significant constraints for the U.S. homebuilding industry. Elevated mortgage interest rates combined with still-high home prices have reduced the pool of qualified buyers, particularly among first-time purchasers. Even though underlying housing demand remains structurally strong due to demographics and household formation, many potential buyers are struggling to meet affordability thresholds. 

Elevated borrowing costs have increased monthly payments, forcing builders to rely on pricing adjustments or incentives to stimulate demand. As a result, homebuilders are seeing buyers take longer to make purchasing decisions.

Consumer confidence has softened amid macroeconomic uncertainty, including concerns about job security and broader geopolitical risks. Even buyers who have the financial ability to purchase homes are often delaying decisions due to uncertainty about economic conditions and interest-rate trends.

Rising Land & Development Costs, More Use of Sales Incentives: Land costs remain a persistent challenge for builders. Even as demand moderates, the price of developable land has not declined significantly in many markets. Builders continue to face higher lot costs and development expenses, which can compress margins and limit their ability to lower home prices to improve affordability. 

Companies have emphasized that land acquisition decisions are becoming more selective, with some builders terminating previously planned land deals or restructuring land pipelines to manage capital more efficiently under current market conditions. Meanwhile, lumber, energy, asphalt, diesel and other building inputs remain vulnerable to renewed inflation.

To stimulate demand in a softer market, builders have increasingly relied on sales incentives such as mortgage rate buydowns, closing cost assistance and price discounts. While these strategies can help convert hesitant buyers, they also pressure margins. Builders expect incentives to remain elevated as long as mortgage rates stay high and affordability constraints persist. The need to balance pricing with sales pace has therefore become an operational challenge across the industry.

Zacks Industry Rank Indicates Bright ProspectsThe Zacks Building Products - Home Builders industry is a 14-stock group within the broader Zacks Construction sector. The industry currently carries a Zacks Industry Rank #96, which places it in the top 39% of more than 240 Zacks industries.

The group’s Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates bullish near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

The industry’s positioning in the top 50% of the Zacks-ranked industries is a result of a higher earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts are gradually gaining confidence in this group’s earnings growth potential. Since April 2026, the industry’s earnings estimates for 2026 and 2027 have increased to $8.09 per share (from $7.70) and $9.24 per share (from $9.06), respectively.

Before identifying a few stocks that may be worth considering for your portfolio, let’s examine the industry’s recent stock market performance and valuation trends.

Industry Lags Sector and S&P 500The Zacks Building Products - Home Builders industry has underperformed the S&P 500 Index and the broader Zacks Construction sector in the past year.

In the past year, the industry has lost 17.2% against the broader sector’s 0.8% growth. The Zacks S&P 500 Composite has risen 20.9% over this period.

Industry's Current ValuationOn the basis of the forward 12-month price-to-earnings ratio, which is commonly used for valuing homebuilding stocks, the industry is currently trading at 11.51 compared with the S&P 500’s 20.32 and the sector’s 19.37.

Over the last five years, the industry has traded as high as 13.94X and as low as 4.27X, with a median of 9.63X.

3 Homebuilding Stocks in FocusWe have selected three stocks from the Zacks homebuilding space that are navigating challenges with company-specific tailwinds.

Century Communities: Headquartered in Greenwood Village, CO, Century Communities designs, builds, markets and sells single-family homes. The company is benefiting from improving buyer traffic and demand, supported by its focus on affordable, entry-level homes. Growing adoption of adjustable-rate mortgages is helping address affordability pressures while allowing the company to reduce reliance on incentives. 

Expanding community count and continued land investment should support future volume growth as housing conditions improve. Operationally, lower construction costs, shorter build cycles and disciplined inventory management are strengthening efficiency and margins. The company also sees favorable growth opportunities across several key markets, while its flexible land strategy and strong balance sheet provide room to accelerate investment when demand strengthens.

CCS — a Zacks Rank #1 (Strong Buy) stock — has gained 7.7% in the past year. CCS stock has seen an upward estimate revision for 2026 earnings to $4.86 from $3.84 per share in the past 60 days. This company surpassed earnings estimates in all the trailing four quarters, with an average of 60.4%. You can see the complete list of today’s Zacks #1 Rank stocks here.

PulteGroup: Based in Atlanta, GA, PulteGroup operates homebuilding and financial services businesses primarily in the United States. PulteGroup is benefiting from a diversified business model spanning first-time, move-up and active-adult buyers, helping capture demand across housing cycles. Community expansion and disciplined land investment support future growth, while the shift toward build-to-order homes enhances buyer choice, inventory management and pricing discipline. 

Shorter construction cycles provide greater flexibility to align starts with demand. Strong land positions and improving demand across several markets are additional tailwinds. The expansion of Explore by Del Webb also broadens PulteGroup’s addressable market by attracting younger, lifestyle-oriented buyers approaching retirement.

PHM — a Zacks Rank #3 (Hold) stock — has lost 0.1% in the past year. PHM stock has seen an upward estimate revision for 2026 earnings to $10.12 from $10.08 per share in the past 30 days. Although the Zacks Consensus Estimate for 2026 earnings per share (EPS) is expected to register an 11.5% year-over-year decline on a 2.3% revenue decrease, the same for 2027 is expected to grow 9.8% on 3.3% revenue growth. 

Meanwhile, this company surpassed earnings estimates in three of the trailing four quarters and missed on other occasions, the average being 2.7%. PHM has a trailing 12-month Return on Equity (ROE) of 15.2%, higher than the industry’s 8.1%.

M/I Homes: Based in Columbus, OH, M/I Homes builds and sells single-family homes across several U.S. markets. M/I Homes is benefiting from well-located communities, a diverse product portfolio and disciplined community expansion, which support buyer demand across markets. Its growing emphasis on move-up homes and attractive infill locations provides additional opportunities. Newer markets such as Nashville and Fort Myers-Naples are gaining traction and should contribute as operations scale. 

Mortgage rate buydowns and targeted financing programs help address affordability pressures, while improved construction cycle times support efficiency. A strong land position, selective finished-lot opportunities and disciplined land underwriting provide flexibility for future growth.

MHO — a Zacks Rank #3 stock — has gained 5.7% in the past year. Although the Zacks Consensus Estimate for its 2026 EPS is expected to register a 15.2% year-over-year decline (on a 4.9% expected revenue decrease), the same for 2027 is expected to witness 10.6% growth in EPS on 6.4% revenue growth. It has a trailing 12-month ROE of 11.5%, higher than the industry’s 8.1%.

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Here are three stocks with buy rank and strong income characteristics for investors to consider today, August 28:

TXO Partners, L.P. (TXO - Free Report) : This oil and natural gas company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 190% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 11.4%, compared with the industry average of 8.6%.

Crawford & Company (CRD.B - Free Report) : This company that provides claims management and outsourcing solutions has witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.1% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 2.7%, compared with the industry average of 0.0%.

Century Communities, Inc. (CCS - Free Report) : This home builder has witnessed the Zacks Consensus Estimate for its current year earnings increasing 26.6% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 1.9%, compared with the industry average of 0.0%.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Find more top income stocks with some of our great premium screens.

Here are three stocks with buy rank and strong income characteristics for investors to consider today, August 21:

Bassett Furniture Industries, Incorporated (BSET - Free Report) : This home furnishings company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.2% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 4.2%, compared with the industry average of 0.0%.

UnitedHealth Group Incorporated (UNH - Free Report) : This healthcare company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.5% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 2.4%, compared with the industry average of 0.0%.

Century Communities, Inc. (CCS - Free Report) : This home builder has witnessed the Zacks Consensus Estimate for its current year earnings increasing 26.6% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 1.8%, compared with the industry average of 0.0%.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Find more top income stocks with some of our great premium screens.

New gated community offers desirable amenities with one- and two-story floor plans in Arizona's Verde Valley

KEY TAKEAWAYS

New community offers attainable entry point near Sedona: New construction homes are now selling from the mid $300s, with USDA financing available, offering buyers a more accessible price point near Sedona and north of the Phoenix MetroFlexible floor plans: Spacious one- and two-story floor plans offer up to 2,194 square feet and 4 bedrooms Lifestyle-driven location: With an average of 300 sunny days a year, the community offers convenient access to Sedona, Camp Verde, and I-17Amenity-rich community: Gated setting with a clubhouse, pool, tennis courts, and walking trailsDesigner features included: Quartz countertops, Shaw® flooring, and LG® appliances are standard, /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)—a top national homebuilder, industry leader in online home sales, and featured on America's Most Trustworthy Companies by Newsweek—announced that new homes are now selling at Beaver Creek Preserve, a new and gated Century Complete community in Rimrock, AZ, offering a convenient location near Sedona and Lake Montezuma.

Featuring modern one- and two-story floor plans, Beaver Creek Preserve features attainable homeownership opportunities priced from the mid $300s, with access to a range of community amenities, such as a clubhouse, pool, tennis courts, and walking trails.

Learn more and explore available homes at www.CenturyCommunities.com/BeaverCreekPreserveAZ.

"Featuring attractive, thoughtfully designed floor plans in a scenic Verde Valley setting—with a limited number of homesites available—there's no better time than now to find a new home at Beaver Creek Preserve," said Paul Zetah, Regional President at Century Complete. "And with our streamlined online homebuying process, we're making it easier than ever for area homebuyers to explore available floor plans and find their best fit."

Homebuyers can choose from one- and two-story floor plans ranging from 1,738 to 2,194 square feet, with 3 to 4 bedrooms and 2 to 3 bathrooms. Designed for modern living, homes feature open-concept layouts, quartz countertops with Cosentino® Lyra surfaces, Shaw® flooring, Kohler® fixtures, LG® stainless-steel appliances, designer-selected color schemes, spacious primary suites with walk-in closets, and covered patios that extend living space outdoors.

BEAVER CREEK PRESERVE | RIMROCK, AZ
Now selling from the mid $300s

Gated community with one- and two-story floor plansUSDA-eligible location1,738 to 2,194 square feet, 3 to 4 bedrooms, and 2 to 3 bathroomsCovered patios and 2-car garagesPaver driveways, quartz countertops featuring Cosentino® Lyra surfaces, Shaw® flooring, Kohler® fixtures, LG® stainless-steel appliances, and designer-selected color schemesClubhouse, pool, tennis courts, and walking trailsNear Montezuma Castle National Monument, Wet Beaver Creek Trail, and outdoor recreationConvenient access to Camp Verde, Sedona, and regional employment centersLocation:
6083 N. Jo Ann Drive
Rimrock, AZ 86335
520.308.6195

VISIT OUR SALES STUDIO
While our state-of-the-art online homebuying process allows you to buy on your terms—24 hours a day, 7 days a week, 365 days a year—we also offer in-person assistance from local experts at our Sales Studio.

Sales Studio
4435 E. Chandler Boulevard
Suite 201
Phoenix, AZ 85048
520.308.6195

THE FREEDOM OF ONLINE HOMEBUYING
Century Complete is proud to feature its industry-first online homebuying experience on all available homes in Arizona, allowing homebuyers to easily find their best fit and purchase when they're ready—all while continuing to work with their local real estate agent of choice. Homebuyers can further streamline the homebuying process by financing online with Century Complete's affiliate lender, Inspire Home Loans®.

How it works:

Shop homes at CenturyCommunities.comClick "Buy Now" on any available homeFill out a quick Buy Online formElectronically submit an initial earnest money depositElectronically sign a purchase contract via DocuSign®Learn more about the Buy Online experience at www.CenturyCommunities.com/online-homebuying.

FREQUENTLY ASKED QUESTIONS

Question: Where is Beaver Creek Preserve located?
Answer: Beaver Creek Preserve is a gated Century Complete community at 6083 N. Jo Ann Drive in Rimrock, Arizona, in the Verde Valley just off I-17. Sedona, Camp Verde, Cottonwood, Flagstaff and Prescott are all within easy reach.

Question: How much do new homes at Beaver Creek Preserve cost?
Answer: Single-family homes are now selling from the mid $300s.

Question: Do new homes at Beaver Creek Preserve qualify for USDA financing?
Answer: Yes. Beaver Creek Preserve is located in a USDA-eligible area, so qualified buyers may be able to purchase with 100% financing.

Question: What floor plans are available?
Answer: Four single-family plans: the Eldorado (1,738 square feet, 3 bed, 2 bath), Aguila (1,776 square feet, 4 bed, 3 bath), Mustang (1,785 square feet, 4 bed, 2 bath) and Buckhorn (2,194 square feet, 4 bed, 3 bath). The Aguila is a two-story layout, while the other three are one-story layouts.

Question: What features are included in the price?
Answer: Every home comes with stylish, move-in-ready finishes included—paver driveways, designer color schemes, quartz countertops featuring Cosentino® Lyra surfaces and Shaw® flooring throughout—with no separate design center costs to budget for.

Question: Can I buy a home online?
Answer: Yes. Century Complete's industry-first online homebuying lets you shop available homes and complete your purchase through the Buy Now process, while continuing to work with your local real estate agent of choice.

About Century Communities
Century Communities, Inc. (NYSE: CCS) is one of the nation's largest homebuilders and a recognized industry leader in online home sales. Newsweek has named the Company one of America's Most Trustworthy Companies for four consecutive years. Century Communities has also been designated as one of U.S. News & World Report's Best Companies to Work For (2025–2026). Through its Century Communities and Century Complete brands, Century's mission is to build attractive, high-quality homes at affordable prices to provide its valued customers with A HOME FOR EVERY DREAM®. Century is engaged in all aspects of homebuilding — including the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Company operates in 16 states and over 45 markets across the U.S., and also offers mortgage, title, insurance brokerage, and escrow services in select markets through its Inspire Home Loans, Parkway Title, IHL Home Insurance Agency, and IHL Escrow subsidiaries. To learn more about Century Communities, please visit www.centurycommunities.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/century-complete-now-selling-new-homes-from-the-mid-300s-at-beaver-creek-preserve-in-rimrock-az-302854454.html

SOURCE Century Communities, Inc.

The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Century Communities (CCS - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.

Century Communities is a member of the Construction sector. This group includes 92 individual stocks and currently holds a Zacks Sector Rank of #9. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Century Communities is currently sporting a Zacks Rank of #1 (Strong Buy).

The Zacks Consensus Estimate for CCS' full-year earnings has moved 26.6% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Our latest available data shows that CCS has returned about 20.9% since the start of the calendar year. In comparison, Construction companies have returned an average of 10.4%. This shows that Century Communities is outperforming its peers so far this year.

Everus Construction Group, Inc. (ECG - Free Report) is another Construction stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 60.7%.

For Everus Construction Group, Inc., the consensus EPS estimate for the current year has increased 19.3% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).

Looking more specifically, Century Communities belongs to the Building Products - Home Builders industry, which includes 16 individual stocks and currently sits at #173 in the Zacks Industry Rank. Stocks in this group have lost about 1.2% so far this year, so CCS is performing better this group in terms of year-to-date returns.

On the other hand, Everus Construction Group, Inc. belongs to the Building Products - Miscellaneous industry. This 34-stock industry is currently ranked #102. The industry has moved +4% year to date.

Century Communities and Everus Construction Group, Inc. could continue their solid performance, so investors interested in Construction stocks should continue to pay close attention to these stocks.

, /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), one of the nation's largest homebuilders, today announced that its Board of Directors has declared a quarterly cash dividend of $0.32 per share. This dividend is payable on September 9, 2026 to stockholders of record as of the close of business on August 26, 2026.

About Century Communities:

Century Communities, Inc. (NYSE: CCS) is one of the nation's largest homebuilders and a recognized industry leader in online home sales. Newsweek has named the Company one of America's Most Trustworthy Companies for four consecutive years. Century Communities has also been designated as one of U.S. News & World Report's Best Companies to Work For (2025–2026). Through its Century Communities and Century Complete brands, Century's mission is to build attractive, high-quality homes at affordable prices to provide its valued customers with A HOME FOR EVERY DREAM®. Century is engaged in all aspects of homebuilding — including the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Company operates in 16 states and over 45 markets across the U.S., and also offers mortgage, title, insurance brokerage, and escrow services in select markets through its Inspire Home Loans, Parkway Title, IHL Home Insurance Agency, and IHL Escrow subsidiaries. To learn more about Century Communities, please visit www.centurycommunities.com.

Contact Information:
Tyler Langton, Senior Vice President of Investor Relations and Finance
303-268-8345
[email protected] 

SOURCE Century Communities, Inc.

+ GuruFocus.com on

Vistance Networks, Inc. (NASDAQ: VISN), a global leading provider of intelligent network solutions, today reported results for the quarter ended June 30, 2026.

* Core financial measures reflect the results of the Aurora Networks (Aurora) segment and exclude general corporate costs that were previously allocated to the RUCKUS segment and Connectivity and Cable Solutions (CCS) segment, since these costs were not directly attributable to these discontinued operations. See the segment comparison tables below showing the breakdown of Aurora’s results which represent our Core financial measures, and corporate and other costs which include the general corporate costs that were previously allocated to the divestitures.

(1) See “Non-GAAP Financial Measures” and “Reconciliation of GAAP Measures to Non-GAAP Adjusted Measures” below.

(2) The cash flows related to discontinued operations have not been segregated. Accordingly, this cash flow information includes the results of continuing and discontinued operations.

Summary of Consolidated Results

Q2

Q2

% Change

2026

2025

YOY

(in millions, except per share amounts)

Net sales

$

319.6

$

324.1

(1.4

)%

GAAP income from continuing operations

26.1

5.9

342.4

GAAP income (loss) from continuing operations per diluted share

0.06

(0.05

)

NM

Non-GAAP adjusted EBITDA (1)

35.8

52.7

(32.1

)

Core non-GAAP adjusted EBITDA (1) (2)

45.5

80.2

(43.3

)

Non-GAAP adjusted net income per diluted share (1)

0.12

0.13

(7.7

)

NM – Not meaningful

(1) See “Non-GAAP Financial Measures” below.

(2) Aurora's results represent our Core financial measures and exclude general corporate costs that were previously allocated to the RUCKUS segment and CCS segment, since these costs were not directly attributable to these discontinued operations.

“This morning, in conjunction with the closing of the RUCKUS transaction on July 1, 2026, we announced the plan for a special distribution of $5.00 per share to be paid by the end of August 2026. Upon payment of this special distribution, in total, we will have returned $15.00 per share or $3.4 billion to our shareholders this year while repaying all debt and redeeming all preferred equity. We are pleased with the outcome of our divestiture strategy as it has unlocked significant value for our shareholders while positioning the business for future value creation. Following, the special distribution, we expect to end the year with between $700 and $750 million of cash with no outstanding debt allowing us to further invest in Vistance. In addition in 2027, we expect a tax refund of $160 million related to our divesture tax strategy. We will have significant funds to evaluate growth opportunities including organic and inorganic investments. These investments could range from investing more aggressively in existing or new technology to evaluating potential acquisitions to broaden the markets we participate in, our technology portfolio and our customer base. As part of our investment strategy, we will continue to evaluate stock buybacks under the $100 million of authority the Board has approved for the buyback program,” said Chuck Treadway, President and Chief Executive Officer.

“The Aurora business delivered $319 million of revenue and $46 million of Adjusted EBITDA in the second quarter. This was generally aligned with our expectations and down versus the prior year due to strong license sales in the second quarter of 2025, memory chip pricing and stranded costs associated with the divestitures. Our full year adjusted EBITDA guideposts of $200 to $225 million are down $25 million versus the first quarter guideposts driven by continued challenges with memory chip pricing and availability. We remain confident in the underlying demand for our products,” said Kyle Lorentzen, Chief Financial Officer.

On July 1, 2026, the Company completed the previously announced sale of its RUCKUS segment to Belden Inc. (Belden) pursuant to the Purchase Agreement, dated as of April 29, 2026, in which Belden acquired the RUCKUS segment on a cash-free, debt-free basis, in exchange for approximately $1.846 billion in cash, subject to certain adjustments. As a result of the RUCKUS sale, unless otherwise noted, these financial results relate to Vistance Networks’ continuing operations based on our remaining Aurora segment. For all periods presented, amounts have been recast to reflect these changes.

Second Quarter Results and Comparisons

Net sales in the second quarter of 2026 decreased 1.4% year-over-year to $319.6 million with decreases in the Europe, Middle East and Africa (EMEA) region and Canada, partially offset by increases in the United States (U.S.), the Asia Pacific (APAC) region and the Caribbean and Latin America (CALA) region.

Income from continuing operations of $26.1 million, or $0.06 per diluted share, in the second quarter of 2026, increased compared to income from continuing operations of $5.9 million, or $(0.05) per diluted share in the same prior year period. Non-GAAP adjusted net income for the second quarter of 2026 was $28.2 million, or $0.12 per diluted share, decreased compared to $36.7 million, or $0.13 per diluted share, in the same prior year period.

Core non-GAAP adjusted EBITDA decreased 43.3% to $45.5 million in the second quarter of 2026 compared to $80.2 million in the same prior year period. Core non-GAAP adjusted EBITDA as a percentage of net sales decreased to 14.2% in the second quarter of 2026 compared to 24.7% in the same prior year period. Non-GAAP adjusted EBITDA decreased 32.1% to $35.8 million in the second quarter of 2026 compared to $52.7 million in the same prior year period. Non-GAAP adjusted EBITDA as a percentage of net sales decreased to 11.2% in the second quarter of 2026 compared to 16.3% in the same prior year period.

Second Quarter Comparisons

Sales by Region

% Change

Q2 2026

Q2 2025

YOY

United States

$

258.1

$

255.4

1.1

%

Europe, Middle East and Africa

14.6

19.8

(26.3

)

Asia Pacific

14.8

14.4

2.8

Caribbean and Latin America

17.1

16.8

1.8

Canada

15.0

17.7

(15.3

)

Total net sales

$

319.6

$

324.1

(1.4

)

%

Segment Net Sales

% Change

Q2 2026

Q2 2025

YOY

Aurora (1)

$

319.2

$

322.5

(1.0

)

%

Corporate and other (2)

0.4

1.6

(75.0

)

Total net sales

$

319.6

$

324.1

(1.4

)

%

Segment Operating Income (Loss)

% Change

Q2 2026

Q2 2025

YOY

Aurora (1)

$

7.0

$

49.6

(85.9

)

%

Corporate and other (2)

(15.9

)

(41.8

)

NM

Total operating income (loss)

$

(8.9

)

$

7.8

(214.1

)

%

Segment Adjusted EBITDA (See “Non-GAAP Financial Measures,” below)

% Change

Q2 2026

Q2 2025

YOY

Aurora (1)

$

45.5

$

80.2

(43.3

)

%

Corporate and other (2)

(9.7

)

(27.5

)

(64.7

)

Total segment adjusted EBITDA

$

35.8

$

52.7

(32.1

)

%

NM – Not meaningful

(1) Aurora's results represent our Core financial measures and exclude general corporate costs that were previously allocated to the RUCKUS segment and CCS segment, since these costs were not directly attributable to these discontinued operations.

(2) The corporate and other line item above primarily reflects general corporate costs that were previously allocated to the RUCKUS segment and CCS segment. These indirect expenses have been classified as continuing operations, since the costs were not directly attributable to these discontinued operations. The corporate and other costs related to the CCS segment have been reallocated to our remaining segments beginning in the first quarter of 2026 and partially offset by income from the Amphenol TSA. Beginning in the third quarter of 2026, the corporate and other costs related to the RUCKUS segment will be reallocated to our remaining segment and partially offset by income from the Belden TSA.

Net Sales, Cash Flow and Balance Sheet

Aurora net sales of $319.2 million decreased 1.0% from the prior year period driven by a decrease in the legacy business, partially offset by an increase in the Access Technologies business.GAAP cash flow used in operations in the second quarter of 2026 was $72.7 million.Free cash flow used in the second quarter of 2026 was $74.7 million after adjusting operating cash flow for $2.0 million of additions to property, plant and equipment. The cash flows related to discontinued operations have not been segregated. Accordingly, this cash flow information includes the results of continuing and discontinued operations.The Company ended the quarter with $151.6 million in cash and cash equivalents which includes $38.0 million in cash and cash equivalents in assets held for sale.As of June 30, the Company had no outstanding borrowings under its asset-based revolving credit facility and had availability of $137.0 million, after taking into account the borrowing base limitations and outstanding letters of credit. The Company ended the quarter with total liquidity of approximately $288.6 million.Conference Call, Webcast and Investor Presentation

As previously announced, Vistance Networks will host a conference call today at 8:30 a.m. ET in which management will discuss second quarter of 2026 results. The conference call will also be webcast.

The live, listen-only audio of the call will be available through a link on the Events and Presentations page of Vistance Networks’ Investor Relations website.

A webcast replay will be archived on Vistance Networks’ website for a limited period of time following the conference call.

During the conference call, the Company may discuss and answer questions concerning business and financial developments and trends that have occurred after quarter-end. The Company’s responses to questions, as well as other matters discussed during the conference call, may contain or constitute information that has not been disclosed previously.

About Vistance Networks:

Vistance Networks (NASDAQ: VISN) shapes the future of communications technology, pushing past what is possible. We deliver solutions that bring reliability and performance to a world always in motion. Our global team of innovators and employees are trusted advisors who listen to customers first, then deliver value. Discover more at www.vistancenetworks.com. Follow us on LinkedIn.

Non-GAAP Financial Measures

Management believes that presenting certain non-GAAP financial measures enhances an investor’s understanding of our financial performance. Management further believes that these financial measures are useful in assessing Vistance Networks’ operating performance from period to period by excluding certain items that we believe are not representative of our core business. Management also uses certain of these financial measures for business planning purposes and in measuring Vistance Networks’ performance relative to that of its competitors. Management believes these financial measures are commonly used by investors to evaluate Vistance Networks’ performance and that of its competitors. However, Vistance Networks’ use of certain non-GAAP terms may vary from that of others in its industry. Non-GAAP financial measures should not be considered as alternatives to operating income (loss), net income (loss), cash flow from operations or any other performance measures derived in accordance with U.S. GAAP as measures of operating performance, operating cash flows or liquidity. A reconciliation of each of the non-GAAP measures discussed herein to their most comparable GAAP measures is below.

Core Measures

Management believes that presenting Core financial measures enhances the investor’s understanding of the financial performance of the Company’s core businesses. Core financial measures are the results of our Aurora segment and exclude general corporate costs that were previously allocated to the RUCKUS segment and CCS segment, since these costs were not directly attributable to the discontinued operations. The Core results represent the business results as currently managed and reported by Vistance Networks. Future results and the composition of any business divested in the future may vary and differ materially from the presentation of the Core financial measures.

Forward Looking Statements

This press release includes certain statements that constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect our current views with respect to future events and financial performance. These forward-looking statements are generally identified by their use of such terms and phrases as “intend,” “goal,” “estimate,” “expect,” “project,” “projections,” “plans,” “potential,” “anticipate,” “should,” “could,” “designed to,” “foreseeable future,” “believe,” “think,” “scheduled,” “outlook,” “target,” “guidance” and similar expressions, although not all forward-looking statements contain such terms. This list of indicative terms and phrases is not intended to be all-inclusive.

These forward-looking statements are subject to various risks and uncertainties, many of which are outside our control, including, without limitation, our dependence on customers’ capital spending on data, communication and entertainment equipment, which could be negatively impacted by a regional or global economic downturn, among other factors; the potential impact of higher than normal inflation; concentration of sales among a limited number of customers; risks associated with our sales through channel partners; changes to the regulatory environment in which we and our customers operate; changes in technology; industry competition and the ability to retain customers through product innovation, introduction, and marketing; changes in cost and availability of key components, including memory chips, and the potential effect on customer pricing and timing of delivery of products to customers; risks related to our ability to implement price increases on our products and services; risks associated with our dependence on a limited number of key suppliers for certain components; risks related to the successful execution of our initiatives related to stranded costs reductions; potential difficulties in realigning manufacturing capacity and capabilities between our manufacturing facility and facilities of our contract manufacturers that may affect our ability to meet customer demands for products; possible future restructuring actions; the risk that our manufacturing operations, including our contract manufacturers on which we rely, encounter capacity, production, quality, financial or other difficulties causing difficulty in meeting customer demands; our ability to incur indebtedness at acceptable interest rates or at all; our ability to generate cash to service any future indebtedness; our ability to fully realize anticipated benefits from prior or future divestitures, acquisitions or equity investments; possible future additional impairment charges for fixed or intangible assets, including goodwill; our ability to attract and retain qualified key employees; labor unrest; product quality or performance issues, including those associated with our suppliers or contract manufacturers, and associated warranty claims; our ability to maintain effective management information technology systems and to successfully implement major systems initiatives; cyber security incidents, including data security breaches, ransomware or computer viruses; the use of open standards; the long-term impact of climate change; significant international operations exposing us to economic risks like variability in foreign exchange rates and inflation, as well as political, geopolitical and other risks, including the impact of wars, regional conflicts and terrorism; our ability to comply with governmental anti-corruption laws and regulations worldwide; the impact of export and import controls and sanctions worldwide on our supply chain and ability to compete in international markets; changes in the laws and policies in the U.S. affecting trade, including the risk and uncertainty related to tariffs or potential trade wars and potential changes to laws and policies, that may impact our products and costs; the costs of protecting or defending intellectual property; costs and challenges of compliance with domestic and foreign social and environmental laws; the impact of litigation and similar regulatory proceedings in which we are involved or may become involved, including the costs of such litigation; the scope, duration and impact of disease outbreaks and pandemics, such as COVID-19, on our business, including employees, sites, operations, customers, supply chain logistics and the global economy; our stock price volatility; income tax rate variability and ability to recover amounts recorded as deferred tax assets; and other factors beyond our control.

These and other factors are discussed in greater detail under the heading "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K for the year ended December 31, 2025, and may be updated from time to time in our annual reports, quarterly reports, current reports and other filings we make with the Securities and Exchange Commission. Although the information contained in this press release represents our best judgment as of the date of this release based on information currently available and reasonable assumptions, we can give no assurance that the expectations will be attained or that any deviation will not be material. Given these uncertainties, we caution you not to place undue reliance on these forward-looking statements, which speak only as of the date made. We are not undertaking any duty or obligation to update this information to reflect developments or information obtained after the date of this press release, except to the extent required by law.

Vistance Networks, Inc.

Condensed Consolidated Statements of Operations

(Unaudited -- In millions, except per share amounts)

Three Months Ended

Six Months Ended

June 30,

June 30,

2026

2025

2026

2025

Net sales

$

319.6

$

324.1

$

618.0

$

559.7

Cost of sales

206.7

175.9

388.9

309.8

Gross profit

112.9

148.2

229.1

249.9

Transition service agreement income

0.5

10.3

1.6

19.0

Operating expenses:

Selling, general and administrative

64.1

79.7

119.7

147.2

Research and development

30.8

43.1

63.7

82.1

Amortization of purchased intangible assets

19.0

21.4

40.6

45.2

Restructuring costs, net

8.4

1.6

15.1

11.5

Other

—

4.9

—

4.9

Total operating expenses

122.3

150.7

239.1

290.9

Operating income (loss)

(8.9

)

7.8

(8.4

)

(22.0

)

Other income (expense), net

1.6

(2.5

)

3.4

(6.3

)

Interest expense

(0.8

)

—

(0.8

)

—

Interest income

5.5

3.1

26.2

7.5

Income (loss) from continuing operations before income taxes

(2.6

)

8.4

20.4

(20.8

)

Income tax (expense) benefit

28.7

(2.5

)

22.3

359.2

Income from continuing operations

26.1

5.9

42.7

338.4

Income from discontinued operations, net of income tax (expense)
benefit of $244.1, $(32.3), $(1,173.8) and $(450.2), respectively

269.1

25.9

5,760.4

477.4

Net income

295.2

31.8

5,803.1

815.8

Series A convertible preferred stock dividends

—

(17.1

)

(1.7

)

(34.0

)

Deemed dividend on redemption of Series A convertible preferred stock

(11.9

)

—

(11.9

)

—

Net income attributable to common stockholders

$

283.3

$

14.7

$

5,789.5

$

781.8

Basic:

Earnings (loss) from continuing operations per share

$

0.06

$

(0.05

)

$

0.13

$

1.40

Earnings from discontinued operations per share

1.18

0.12

25.47

2.20

Earnings per share

$

1.24

$

0.07

$

25.60

$

3.60

Diluted:

Earnings (loss) from continuing operations per share

$

0.06

$

(0.05

)

$

0.12

$

1.24

Earnings from discontinued operations per share

1.15

0.12

24.67

1.76

Earnings per share

$

1.21

$

0.07

$

24.79

$

3.00

Weighted average shares outstanding:

Basic

227.0

218.1

226.2

217.2

Diluted (a)

233.8

218.1

233.6

272.3

(a) Calculation of diluted earnings per share:

Net income attributable to common stockholders
(basic and diluted)

$

283.3

$

14.7

$

5,789.5

$

781.8

Weighted average shares (basic)

227.0

218.1

226.2

217.2

Dilutive effect of equity-based awards

6.8

—

7.4

10.1

Dilutive effect of as-if converted Series A convertible preferred stock

—

—

—

45.0

Denominator (diluted)

233.8

218.1

233.6

272.3

See notes to unaudited condensed consolidated financial statements included in our Form 10-Q.

Vistance Networks, Inc.

Condensed Consolidated Balance Sheets

(In millions, except share amounts)

Unaudited
June 30, 2026

December 31, 2025

Assets

Cash and cash equivalents

$

113.6

$

613.5

Accounts receivable, net of allowance for doubtful accounts
of $0.5 and $1.2, respectively

280.5

273.4

Inventories, net

313.8

238.7

Prepaid expenses and other current assets

230.4

46.0

Current assets held for sale

977.1

4,624.6

Total current assets

1,915.4

5,796.2

Property, plant and equipment, net of accumulated depreciation
of $126.7 and $134.7, respectively

46.9

50.3

Goodwill

268.7

268.7

Other intangible assets, net

678.3

719.1

Deferred income taxes

460.2

1,722.3

Other noncurrent assets

127.3

118.4

Noncurrent assets held for sale

—

696.0

Total assets

$

3,496.8

$

9,371.0

Liabilities and Stockholders' Equity (Deficit)

Accounts payable

$

183.3

$

161.4

Accrued and other liabilities

222.2

306.7

Current liabilities held for sale

340.3

1,027.4

Total current liabilities

745.8

1,495.5

Long-term debt

—

7,260.2

Deferred income taxes

66.2

67.3

Other noncurrent liabilities

179.0

153.4

Noncurrent liabilities held for sale

—

120.0

Total liabilities

991.0

9,096.4

Commitments and contingencies

Series A convertible preferred stock, $0.01 par value

—

1,278.7

Stockholders' equity (deficit):

Preferred stock, $0.01 par value: Authorized shares: 200,000,000;

Issued and outstanding shares: None and 1,278,653, respectively,
Series A convertible preferred stock

—

—

Common stock, $0.01 par value: Authorized shares: 1,300,000,000;
Issued and outstanding shares: 230,046,379 and 223,260,316,
respectively

2.5

2.4

Additional paid-in capital

2,503.9

2,487.9

Retained earnings (accumulated deficit)

376.7

(3,040.8

)

Accumulated other comprehensive income (loss)

0.8

(118.7

)

Treasury stock, at cost: 21,614,317 shares and
18,665,426 shares, respectively

(378.1

)

(334.9

)

Total stockholders' equity (deficit)

2,505.8

(1,004.1

)

Total liabilities and stockholders' equity (deficit)

$

3,496.8

$

9,371.0

See notes to unaudited condensed consolidated financial statements included in our Form 10-Q.

Vistance Networks, Inc.

Condensed Consolidated Statements of Cash Flows (1)

(Unaudited -- In millions)

Three Months Ended

Six Months Ended

June 30,

June 30,

2026

2025

2026

2025

Operating Activities:

Net income

$

295.2

$

31.8

$

5,803.1

$

815.8

Adjustments to reconcile net income to net cash generated by
(used in) operating activities:

Depreciation and amortization

23.4

75.2

62.5

153.2

Equity-based compensation

10.6

9.1

16.1

16.6

Deferred income taxes

(229.5

)

(12.0

)

1,236.0

1.3

(Gain) loss on disposal of discontinued operations

(1.4

)

0.5

(7,009.3

)

(869.2

)

Noncash write-off of unamortized DFF and OID

—

—

101.3

—

Changes in assets and liabilities:

Accounts receivable

(37.9

)

(88.6

)

(40.0

)

(238.5

)

Inventories

(61.3

)

(54.1

)

(116.0

)

(90.0

)

Prepaid expenses and other assets

(163.2

)

(27.1

)

(184.6

)

(76.1

)

Accounts payable and other liabilities

91.5

105.4

(183.0

)

125.9

Other

(0.1

)

36.9

14.5

51.2

Net cash generated by (used in) operating activities

(72.7

)

77.1

(299.4

)

(109.8

)

Investing Activities:

Additions to property, plant and equipment

(2.0

)

(12.6

)

(4.2

)

(28.1

)

Proceeds from sale of property, plant and equipment

—

10.0

—

10.0

Net proceeds from divestitures

—

7.3

10,541.7

2,041.8

Net cash generated by (used in) investing activities

(2.0

)

4.7

10,537.5

2,023.7

Financing Activities:

Long-term debt repaid

—

—

(7,370.8

)

(2,049.0

)

Long-term debt proceeds

—

—

—

50.0

Debt issuance costs

(2.6

)

—

(2.6

)

(5.7

)

Redemption of Series A convertible preferred stock

—

—

(1,278.7

)

—

Special distribution paid to common shareholders

(2,316.3

)

—

(2,316.3

)

—

Dividends paid on Series A convertible preferred stock

—

—

(1.7

)

—

Proceeds from the issuance of common shares under equity-based
compensation plans

1.7

—

1.8

—

Tax withholding payments for vested equity-based compensation
awards

(22.8

)

(9.4

)

(43.2

)

(10.9

)

Net cash used in financing activities

(2,340.0

)

(9.4

)

(11,011.5

)

(2,015.6

)

Effect of exchange rate changes on cash and cash equivalents

(0.2

)

5.4

2.2

9.5

Change in cash, cash equivalents and restricted cash

(2,414.9

)

77.8

(771.2

)

(92.2

)

Cash, cash equivalents and restricted cash at beginning of period

2,510.0

493.3

922.8

663.3

Cash, cash equivalents and restricted cash at end of period

95.1

571.1

151.6

571.1

Less: Restricted cash in prepaid expenses and other assets

56.5

—

—

—

Cash and cash equivalents at end of period

$

151.6

$

571.1

$

151.6

$

571.1

(1) The cash flows related to discontinued operations have not been segregated. Accordingly, the Condensed Consolidated Statements of Cash Flows include the results of continuing and discontinued operations.

See notes to unaudited condensed consolidated financial statements included in our Form 10-Q.

Vistance Networks, Inc.

Reconciliation of GAAP Measures to Non-GAAP Adjusted Measures

(Unaudited -- In millions, except per share amounts)

Three Months Ended

June 30,

2026

2025

Income from continuing operations, as reported

$

26.1

$

5.9

Income tax expense (benefit), as reported

(28.7

)

2.5

Interest income, as reported

(5.5

)

(3.1

)

Interest expense, as reported

0.8

—

Other (income) expense, as reported

(1.6

)

2.5

Operating income (loss), as reported

$

(8.9

)

$

7.8

Adjustments:

Amortization of purchased intangible assets

19.0

21.4

Restructuring costs, net

8.4

1.6

Equity-based compensation

6.7

6.4

Transaction, transformation and integration costs

7.6

5.7

Depreciation

3.0

4.9

Other

—

4.9

Total adjustments to operating income (loss)

44.7

44.9

Non-GAAP adjusted EBITDA

$

35.8

$

52.7

Income from continuing operations, as reported

$

26.1

$

5.9

Adjustments:

Total pretax adjustments to adjusted EBITDA

41.7

40.0

Tax effects of adjustments and other tax items (1)

(39.6

)

(9.2

)

Non-GAAP adjusted net income

$

28.2

$

36.7

GAAP income (loss) from continuing operations per
diluted share, as reported (2)

$

0.06

$

(0.05

)

Non-GAAP adjusted net income per diluted share (3)

$

0.12

$

0.13

(1) The tax rates applied to adjustments reflect the tax expense or benefit based on the tax jurisdiction of the entity generating the adjustment. There are certain items for which we expect little or no tax effect.

(2) For the three months ended June 30, 2025, GAAP income (loss) from continuing operations per diluted share was calculated using income (loss) from continuing operations in the numerator, and includes the impact of the Series A convertible preferred stock dividend.

(3) Diluted shares used in the calculation of non-GAAP adjusted diluted income per share are 233.8 million and 272.6 million for the three months ended June 30, 2026 and 2025, respectively.

See “Non-GAAP Financial Measures” above.

Vistance Networks, Inc.

Sales by Region

(Unaudited -- In millions)

Sales by Region

% Change

Q2 2026

Q2 2025

YOY

United States

$

258.1

$

255.4

1.1

%

Europe, Middle East and Africa

14.6

19.8

(26.3

)

Asia Pacific

14.8

14.4

2.8

Caribbean and Latin America

17.1

16.8

1.8

Canada

15.0

17.7

(15.3

)

Total net sales

$

319.6

$

324.1

(1.4

)

%

Vistance Networks, Inc.

Segment Information

(Unaudited -- In millions)

Segment Net Sales

% Change

Q2 2026

Q2 2025

YOY

Aurora (1)

$

319.2

$

322.5

(1.0

)

%

Corporate and other (2)

0.4

1.6

(75.0

)

Total net sales

$

319.6

$

324.1

(1.4

)

%

Segment Adjusted EBITDA (3)

% Change

Q2 2026

Q2 2025

YOY

Aurora (1)

$

45.5

$

80.2

(43.3

)

%

Corporate and other (2)

(9.7

)

(27.5

)

(64.7

)

Total segment adjusted EBITDA

$

35.8

$

52.7

(32.1

)

%

(1) Aurora's results represent our Core financial measures and exclude general corporate costs that were previously allocated to the RUCKUS segment and CCS segment, since these costs were not directly attributable to these discontinued operations.

(2) The corporate and other line item above primarily reflects general corporate costs that were previously allocated to the RUCKUS segment and CCS segment. These indirect expenses have been classified as continuing operations, since the costs were not directly attributable to these discontinued operations. The corporate and other costs related to the CCS segment have been reallocated to our remaining segments beginning in the first quarter of 2026 and partially offset by income from the Amphenol TSA. Beginning in the third quarter of 2026, the corporate and other costs related to the RUCKUS segment will be reallocated to our remaining segment and partially offset by income from the Belden TSA.

(3) See “Non-GAAP Financial Measures” above.

Vistance Networks, Inc.

Reconciliation of GAAP to Segment Adjusted EBITDA

(Unaudited -- In millions)

Second Quarter 2026 Segment Adjusted EBITDA Reconciliation

Aurora

Corporate and
other (1)

Total

Operating income (loss), as reported

$

7.0

$

(15.9

)

$

(8.9

)

Amortization of purchased intangible assets

19.0

—

19.0

Restructuring costs, net

6.9

1.5

8.4

Equity-based compensation

4.3

2.4

6.7

Transaction, transformation and integration costs

5.5

2.1

7.6

Depreciation

2.8

0.2

3.0

Segment adjusted EBITDA

$

45.5

(9.7

)

$

35.8

Segment adjusted EBITDA % of sales

14.3

%

NM

11.2

%

Second Quarter 2025 Segment Adjusted EBITDA Reconciliation

Aurora

Corporate and
other (1)

Total

Operating income (loss), as reported

$

49.6

$

(41.8

)

$

7.8

Amortization of purchased intangible assets

21.4

—

21.4

Restructuring costs, net

0.5

1.1

1.6

Equity-based compensation

2.5

3.9

6.4

Transaction, transformation and integration costs

2.5

3.2

5.7

Depreciation

3.6

1.3

4.9

Other

—

4.9

4.9

Segment adjusted EBITDA

$

80.2

$

(27.5

)

$

52.7

Segment adjusted EBITDA % of sales

24.9

%

NM

16.3

%

(1) The corporate and other line item above primarily reflects general corporate costs that were previously allocated to the RUCKUS segment and CCS segment. These indirect expenses have been classified as continuing operations, since the costs were not directly attributable to these discontinued operations. The corporate and other costs related to the CCS segment have been reallocated to our remaining segments beginning in the first quarter of 2026 and partially offset by income from the Amphenol TSA. Beginning in the third quarter of 2026, the corporate and other costs related to the RUCKUS segment will be reallocated to our remaining segment and partially offset by income from the Belden TSA.

NM – Not meaningful

Components may not sum to total due to rounding.

See “Non-GAAP Financial Measures” above.

Vistance Networks, Inc.

Free Cash Flow

(Unaudited -- In millions)

Free Cash Flow (1)

Q2
2025

Q3
2025

Q4
2025

Q1
2026

Q2
2026

Cash flow from operations

$

77.1

$

151.4

$

281.3

$

(226.6

)

$

(72.7

)

Capital expenditures

(12.6

)

(16.4

)

(25.8

)

(2.2

)

(2.0

)

Free cash flow

$

64.5

$

135.0

$

255.5

$

(228.8

)

$

(74.7

)

(1) The cash flows related to discontinued operations have not been segregated. Accordingly, the Condensed Consolidated Statements of Cash Flows include the results of continuing and discontinued operations.

Vistance Networks, Inc.

Adjusted Gross Profit and Adjusted Operating Expense

(Unaudited -- In millions)

GAAP to Non-GAAP Adjusted Gross Profit

Q2 2025

Q3 2025

Q4 2025

Q1 2026

Q2 2026

Gross profit, as reported

$

148.2

$

120.4

$

129.2

$

116.3

$

112.9

Equity-based compensation

0.2

—

0.1

0.1

(0.1

)

Adjusted gross profit

$

148.4

$

120.4

$

129.3

$

116.4

$

112.8

Adjusted gross profit as % of sales

45.8

%

35.6

%

37.2

%

39.0

%

35.3

%

GAAP to Non-GAAP Adjusted Operating Expense

Q2 2025

Q3 2025

Q4 2025

Q1 2026

Q2 2026

Selling, general and administrative, as reported

$

79.7

$

74.8

$

81.9

$

55.5

$

64.1

Research and development, as reported

43.1

42.6

40.4

32.9

30.8

Operating expenses

$

122.8

$

117.4

$

122.3

$

88.4

$

94.9

Equity-based compensation

6.2

7.2

7.3

4.3

6.8

Transaction, transformation and integration costs

5.7

1.3

8.9

4.5

7.6

Adjusted operating expense

$

110.9

$

108.9

$

106.1

$

79.6

$

80.5

Adjusted operating expense as % of sales

34.2

%

32.2

%

30.5

%

26.7

%

25.2

%

Components may not sum to total due to rounding.

See “Non-GAAP Financial Measures” above.

Vistance Networks, Inc.

Reconciliation of GAAP Measures to Non-GAAP Adjusted Measures

(Unaudited -- In millions)

Adjusted EBITDA Outlook Reconciliation

Outlook Range

2026

Aurora operating income

$

70

$

85

Adjustments:

Amortization of purchased intangible assets

79

79

Equity-based compensation

13

15

Restructuring costs, net and transaction and transformation costs

25

32

Depreciation

13

14

Total adjustments to operating income

130

140

Aurora adjusted EBITDA

$

200

$

225

Our actual results may be impacted by additional events for which information is not currently available, such as additional restructuring activities, asset impairments, additional transaction, transformation and integration costs and other gains or losses related to events that are not currently known or measurable.

See "Forward-Looking Statements" and "Non-GAAP Financial Measures" above.

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