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Mar 31
Landsea Homes Q1 2025 Earnings Report
reported first quarter 2025 results
Key Takeaways
Landsea Homes Corporation reported a net loss of $7.1 million and an adjusted net loss of $1.7 million for the first quarter of 2025. Total revenue increased by 6% year-over-year, driven by a significant increase in home deliveries, although the average sales price decreased. The company saw an increase in net new home orders but a decrease in the dollar value of orders and backlog.
Total revenue increased 6% to $310.8 million compared to the first quarter of 2024.
Net loss attributable to Landsea Homes was $7.3 million, or $0.20 per share.
Adjusted net loss attributable to Landsea Homes was $1.7 million, or $0.05 per share.
New home deliveries increased 27.3% to 643 homes, while the average sales price decreased 20% to $466,000.
Landsea Homes
Landsea Homes
Landsea Homes Revenue by Segment
Landsea Homes Revenue by Geographic Location
Revenue by Segment
Home Sales Revenue
CapyFin.comRevenue by Geographic Location
Arizona Revenue
CapyFin.comCalifornia Revenue
CapyFin.comColorado Revenue
CapyFin.comFlorida Revenue
CapyFin.comTexas Revenue
CapyFin.com Forward Guidance
The earnings report did not contain specific forward-looking guidance for future financial periods.