Tri Pointe Homes Inc. (TPH) financial statements: income statement, balance sheet and cash flow
Tri Pointe Homes Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Tri Pointe Homes Inc. reported revenue of $3.5B (-22.8% year on year) and net income of $241.1M (-47.4% year on year).
Income statement
Tri Pointe Homes Inc. income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Revenue
$3.5B
$4.5B
$3.7B
$4.3B
Cost of home, land and lot sales
$2.7B
$3.4B
—
—
Other operations expense
$3.2M
$3.1M
$2.9M
$2.7M
Sales and marketing
$193.8M
$216.5M
$184.4M
$175.0M
General and administrative
$230.1M
$256.0M
$218.0M
$212.5M
Homebuilding income from operations
$301.8M
$552.6M
$413.3M
$746.5M
Equity in income (loss) of unconsolidated entities
$2.5M
$361.0K
($97.0K)
$312.0K
Other income, net
$29.4M
$39.6M
$39.4M
$2.3M
Homebuilding income before income taxes
$316.6M
$592.6M
$452.7M
$749.1M
Expenses
$0
$0
$31.3M
$25.1M
Equity in income of unconsolidated entities
$0
$0
$0
$46.0K
Financial services income before income taxes
$17.2M
$24.3M
$14.7M
$24.1M
Income before income taxes
$333.8M
$616.9M
$467.4M
$773.2M
Provision for income taxes
($92.8M)
($158.9M)
($118.2M)
($190.8M)
Net income
$241.0M
$458.0M
$349.2M
$582.4M
Net loss (income) attributable to noncontrolling interests
$95.0K
$59.0K
($5.5M)
($6.3M)
Net income available to common stockholders
$241.1M
$458.0M
$343.7M
$576.1M
Basic (in dollars per share)
$2.73
$4.87
$3.48
$5.60
Diluted (in dollars per share)
$2.72
$4.83
$3.45
$5.54
Basic (in shares)
88.2M
94.0M
98.7M
102.9M
Diluted (in shares)
88.7M
94.9M
99.7M
104.0M
Tri Pointe Homes Inc. income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Total revenues
$702.1M
$521.4M
$854.7M
$902.4M
Cost of home, land and lot sales
$562.2M
$412.0M
$666.0M
$699.9M
Other operations expense
$812.0K
$813.0K
$794.0K
$793.0K
Sales and marketing
$45.3M
$37.9M
$48.5M
$50.2M
General and administrative
$177.2M
$53.0M
$56.7M
$60.8M
Homebuilding (loss) income from operations
($97.2M)
$5.6M
$69.0M
$76.7M
Equity in (loss) income of unconsolidated entities
($24.0K)
($88.0K)
$1.3M
$471.0K
Transaction expense
($73.8M)
($5.9M)
—
—
Other income, net
$5.7M
$7.2M
$6.6M
$7.2M
Homebuilding (loss) income before income taxes
($167.8M)
$5.5M
$72.7M
$80.0M
Expenses
$0
$0
$0
$0
Financial services income before income taxes
$2.4M
$1.4M
$4.1M
$4.3M
(Loss) income before income taxes
($165.3M)
$6.9M
$76.9M
$84.3M
Benefit (provision) for income taxes
$7.6M
($81.0K)
($20.8M)
($23.6M)
Net (loss) income
($157.7M)
$6.8M
$56.1M
$60.7M
Net (income) loss attributable to noncontrolling interests
($12.0K)
($24.0K)
$34.0K
$38.0K
Net (loss) income available to common stockholders
($157.7M)
$6.8M
$56.1M
$60.7M
Balance sheet
Tri Pointe Homes Inc. balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$982.8M
$970.0M
$869.0M
$889.7M
Receivables, net
$147.3M
$111.6M
$224.6M
$169.4M
Real estate inventories
$3.2B
$3.2B
$3.3B
$3.2B
Investments in unconsolidated entities
$183.1M
$173.9M
$131.8M
$129.8M
Mortgage loans held for sale
$98.5M
$115.0M
—
—
Goodwill and other intangible assets, net
$156.6M
$156.6M
$156.6M
$156.6M
Deferred tax assets, net
$43.1M
$46.0M
$38.0M
$34.9M
Other assets
$187.9M
$164.5M
$157.1M
$165.7M
Total assets
$5.0B
$4.9B
$4.9B
$4.7B
Accounts payable
$41.7M
$68.2M
$64.8M
$62.3M
Accrued expenses and other liabilities
$425.3M
$465.6M
$453.5M
$443.0M
Loans payable
$456.5M
$271.0M
$288.3M
$287.4M
Senior notes, net
$647.6M
$646.5M
$1.1B
$1.1B
Mortgage repurchase facilities
$90.6M
$104.1M
—
—
Total liabilities
$1.7B
$1.6B
$1.9B
$1.9B
Preferred stock, $0.01 par value, 50,000,000 shares authorized; no shares issued and outstanding as of December 31, 2025 and 2024, respectively
0
0
0
0
Common stock, $0.01 par value, 500,000,000 shares authorized; 84,478,836 and 92,451,729 shares issued and outstanding at December 31, 2025 and 2024, respectively
844.0K
925.0K
955.0K
1.0M
Additional paid-in capital
$0
$0
$0
$3.7M
Retained earnings
$3.3B
$3.3B
$3.0B
$2.8B
Total stockholders’ equity
$3.3B
$3.3B
$3.0B
$2.8B
Noncontrolling interests
$95.0K
$12.0K
$2.7M
$4.1M
Total equity
$3.3B
$3.3B
$3.0B
$2.8B
Total liabilities and equity
$5.0B
$4.9B
$4.9B
$4.7B
Tri Pointe Homes Inc. balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$462.1M
$847.9M
$792.0M
$622.6M
Receivables
$175.5M
$144.6M
$150.5M
$165.7M
Real estate inventories
$3.4B
$3.3B
$3.4B
$3.3B
Investments in unconsolidated entities
$245.7M
$217.0M
$190.9M
$194.1M
Mortgage loans held for sale
$86.9M
$66.2M
$78.4M
$104.9M
Goodwill and other intangible assets, net
$156.6M
$156.6M
$156.6M
$156.6M
Deferred tax assets, net
$43.1M
$43.1M
$46.0M
$46.0M
Other assets
$211.8M
$184.6M
$202.7M
$206.7M
Total assets
$4.8B
$5.0B
$5.0B
$4.8B
Accounts payable
$79.8M
$63.2M
$72.3M
$81.4M
Accrued expenses and other liabilities
$420.7M
$428.4M
$436.4M
$417.3M
Loans payable
$450.6M
$456.5M
$459.4M
$262.9M
Senior notes, net
$648.1M
$647.9M
$647.3M
$647.1M
Mortgage repurchase facilities
$77.5M
$59.3M
$71.1M
$99.0M
Total liabilities
$1.7B
$1.7B
$1.7B
$1.5B
Common stock, $0.01 par value, 100 and 500,000,000 shares authorized and 100 and 84,478,836 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively
0
851.0K
860.0K
875.0K
Additional paid-in capital
$0
$0
$0
$0
Retained earnings
$3.1B
$3.3B
$3.3B
$3.3B
Total stockholders’ equity
$3.1B
$3.3B
$3.3B
$3.3B
Noncontrolling interests
$210.0K
$119.0K
$99.0K
$133.0K
Total equity
$3.1B
$3.3B
$3.3B
$3.3B
Total liabilities and equity
$4.8B
$5.0B
$5.0B
$4.8B
Common stock authorized (in shares)
100
—
—
—
Cash flow statement
Tri Pointe Homes Inc. cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net income
$241.0M
$458.0M
$349.2M
$582.4M
Depreciation and amortization
$30.3M
$31.0M
$26.9M
$28.0M
Equity in loss (income) of unconsolidated entities, net
($2.5M)
($361.0K)
$97.0K
($358.0K)
Deferred income taxes, net
$2.8M
($8.0M)
($3.1M)
$22.2M
Amortization of stock-based compensation
$30.8M
$33.5M
$19.9M
$18.8M
Charges for impairments and lot option abandonments
$36.4M
$4.2M
$14.2M
$8.7M
Fair value adjustment on mortgage loans held for sale
$356.0K
($1.2M)
—
—
Gain on increase in carrying amount of investment
$0
($3.5M)
—
—
Returns on investments in unconsolidated entities, net
$3.0M
$0
$0
$2.3M
Real estate inventories
($74.8M)
$182.7M
($172.7M)
($123.1M)
Mortgage loans held for sale
$16.1M
($113.8M)
—
—
Receivables
($35.6M)
$113.0M
($55.2M)
($52.5M)
Other assets
($7.6M)
($13.9M)
$5.4M
($6.5M)
Accounts payable
($26.4M)
$3.4M
$2.5M
($22.5M)
Accrued expenses and other liabilities
($52.4M)
$11.0M
$8.2M
($13.2M)
Net cash provided by operating activities
$161.5M
$696.1M
$195.3M
$444.3M
Purchases of property and equipment
($32.9M)
($23.3M)
($25.4M)
($43.6M)
Proceeds from sale of property and equipment
$0
$717.0K
$0
$0
Investments in unconsolidated entities
($46.3M)
($73.2M)
($1.0M)
—
Distributions from unconsolidated entities
$33.4M
$32.3M
—
—
Net cash used in investing activities
($45.8M)
($63.5M)
($26.4M)
($58.1M)
Borrowings from debt
$201.6M
$420.0K
$910.0K
$112.4M
Repayment of debt
($16.1M)
($467.8M)
$0
($75.5M)
Debt issuance costs
($5.3M)
($1.0K)
($14.0K)
($2.4M)
Borrowings on mortgage repurchase facilities
$1.5B
$633.1M
—
—
Repayments on mortgage repurchase facilities
($1.5B)
($529.0M)
—
—
Proceeds from land bank financing arrangement
$19.6M
—
—
—
Distributions to noncontrolling interests
$0
($3.9M)
($7.0M)
($2.5M)
Proceeds from issuance of common stock under share-based awards
0
1.0M
870.0K
1.7M
Tax withholding paid on behalf of employees for share-based awards
($11.8M)
($18.8M)
($9.8M)
($9.1M)
Share repurchases
($277.4M)
($146.7M)
($174.6M)
($202.6M)
Net cash used in financing activities
($102.9M)
($531.5M)
($189.6M)
($178.0M)
Net increase (decrease) in cash and cash equivalents
$12.8M
$101.1M
($20.7M)
$208.1M
Cash and cash equivalents - beginning of year
$970.0M
$869.0M
$889.7M
$681.5M
Cash and cash equivalents - end of year
$982.8M
$970.0M
$869.0M
$889.7M
Tri Pointe Homes Inc. cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net (loss) income
($150.9M)
$6.8M
$180.8M
$124.7M
Depreciation and amortization
$15.2M
$7.6M
$22.6M
$15.0M
Equity in loss (income) of unconsolidated entities, net
$112.0K
$88.0K
($2.3M)
($966.0K)
Amortization of stock-based compensation
$5.0M
$2.0M
$23.5M
$16.2M
Settlement of previously recognized stock-based compensation
($9.7M)
—
—
—
Charges for impairments and lot option abandonments
$20.8M
$1.1M
$23.4M
$14.2M
Fair value adjustment on mortgage loans held for sale
$825.0K
$647.0K
$604.0K
$215.0K
Returns on investments in unconsolidated entities, net
$0
$0
$2.3M
$966.0K
Real estate inventories
($286.1M)
($126.9M)
($249.9M)
($159.7M)
Mortgage loans held for sale
$10.8M
$31.7M
$36.0M
$9.9M
Receivables
($28.3M)
$2.6M
($38.9M)
($54.1M)
Other assets
($29.8M)
($1.5M)
($22.7M)
($24.2M)
Accounts payable
$38.2M
$21.5M
$4.2M
$13.4M
Accrued expenses and other liabilities
($3.2M)
$6.5M
($39.1M)
($61.1M)
Net cash used in operating activities
($416.9M)
($48.0M)
($59.6M)
($105.4M)
Purchases of property and equipment
($13.6M)
($6.7M)
($25.1M)
($18.3M)
Investments in unconsolidated entities
($68.4M)
($32.4M)
($36.2M)
($32.5M)
Distributions from unconsolidated entities
$14.7M
$1.0M
$16.8M
$11.2M
Net cash used in investing activities
($67.3M)
($38.2M)
($44.5M)
($39.5M)
Borrowings from loans payable
$0
$0
$201.6M
$1.6M
Repayment of loans payable and senior notes
($5.9M)
$0
($13.1M)
($9.6M)
Debt issuance costs
$0
—
($5.2M)
($4.2M)
Borrowings on mortgage repurchase facilities
$611.3M
$258.2M
$1.1B
$697.1M
Repayments on mortgage repurchase facilities
($624.4M)
($289.5M)
($1.2B)
($702.2M)
Contributions from noncontrolling interests
$79.0K
—
—
—
Tax withholding paid on behalf of employees for stock-based awards