M/I Homes, Inc. reported second quarter 2026 financial results on July 29, 2026. Net income decreased to $79 million ($3.02 diluted EPS) from $121 million ($4.42 diluted EPS) in the prior year period, including $4.2 million in inventory charges. Revenue declined 9% to $1.06 billion as homes delivered fell 6% to 2,206 units. Conversely, new contracts rose 15% to a record 2,387, and shareholders' equity reached a record $3.2 billion with book value per share at $128. The company repurchased $50 million of common stock during the quarter. M/I Homes operates in the homebuilding industry, constructing single-family homes across multiple U.S. markets.