•
Mar 29

Skyline Champion Q4 2025 Earnings Report

Skyline Champion reported a strong rebound in Q4, with higher sales volumes, improved margins, and a return to profitability following a one-time charge in the prior year.

Key Takeaways

Champion Homes posted solid Q4 results driven by increased home sales, a stronger gross margin, and higher operating income compared to a year ago when results were impacted by a $34.5M liability reserve.

Total Revenue
$594M
Previous year: $536M
+10.7%
EPS
$0.65
Previous year: $0.62
+4.8%
U.S. homes sold
5.94K
Previous year: 5.65K
+5.1%
U.S. avg. home price
$94.3K
Previous year: $89.7K
+5.1%
Canadian homes sold
230
Previous year: 189
+21.7%
Gross Profit
$152M
Previous year: $98.4M
+54.9%
Cash and Equivalents
$610M
Previous year: $495M
+23.3%
Total Assets
$2.11B
Previous year: $1.92B
+9.7%

Skyline Champion

Skyline Champion

Skyline Champion Revenue by Geographic Location

Forward Guidance

Champion Homes remains cautiously optimistic, highlighting continued strategic investments and a strong backlog amid market volatility.

Positive Outlook

  • Acquisition of Iseman Homes to expand retail footprint
  • Backlog up 9.9% sequentially, indicating future demand
  • Gross margin improved due to absence of prior liability
  • U.S. home sales and ASPs increased
  • Cash position improved with $610M on hand

Challenges Ahead

  • Adjusted EBITDA declined 1.1% YoY
  • SG&A expenses rose due to compensation and investments
  • EBITDA margin contracted by 110 bps
  • Uncertainty from ongoing market volatility
  • EPS still recovering from prior-year impacts

Revenue & Expenses

Visualization of income flow from segment revenue to net income