TRI Pointe Homes Inc. reported third quarter 2025 home sales revenue of $817.0 million, a decrease of 27.0% from $1,114.0 million in the same period last year. Net income available to common stockholders was $56.0 million, down 50.0% from $112.0 million. Diluted earnings per share were $0.64, compared to $1.18 a year ago. Excluding inventory-related charges, adjusted diluted earnings per share was $0.71. The company delivered 1,217 homes with an average sales price of $672,000, a 2.0% decrease from the prior year. Homebuilding gross margin was 20.6%, while adjusted homebuilding gross margin was 24.7%. The number of active selling communities ended at 155, up 5.0% from 148 last year. TRI Pointe Homes ended the quarter with a backlog of 1,298 homes valued at $1.0 billion and total liquidity of $1.6 billion. The company repurchased 1.5 million shares for $51.0 million and amended its credit facility, increasing term loan capacity by $200.0 million.
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