Description

Century Communities Inc Unlocks Faster Growth With Record 112-Day Build Times!

Century Communities reported its second quarter 2026 results exhibiting resilience amid prevailing macroeconomic headwinds and subdued consumer sentiment. The company exceeded its delivery guidance by delivering 2,506 homes, marking a 25% sequential increase and an 11% rise year-over-year. This performance was underpinned by an improved absorption rate, which increased 6% sequentially, contrasting with a historical average decline for second quarters. The adjusted gross margin stood at 20%, a 30 basis point sequential improvement driven primarily by reduced incentives and lower direct construction costs. Fixed general and administrative costs were managed effectively, and the company recorded a quarterly book value per share of $90.24, a company high. Century Communities operated a record 330 open communities and anticipates a low to mid-single-digit percentage increase in average community count for 2026.