Revenue: As of FY2025 Q2, the actual value is USD 1.163 B, beating the estimate of USD 1.115 B.EPS: As of FY2025 Q2, the actual value is USD 4.42, missing the estimate of USD 4.4333.EBIT: As of FY2025 Q2, the actual value is USD 155.72 M.<h3>Northern Homebuilding Segment</h3><ul><li>Revenue: $488.3 million for Q2 2025, up from $464.8 million in Q2 2024. $898.6 million for the first half of 2025, up from $873.3 million in the first half of 2024.</li><li>Cost of Sales: $376.9 million for Q2 2025, up from $357.8 million in Q2 2024. $696.4 million for the first half of 2025, up from $677.5 million in the first half of 2024.</li><li>Operating Income: $76.0 million for Q2 2025, up from $72.8 million in Q2 2024. $136.6 million for the first half of 2025, up from $130.9 million in the first half of 2024.</li><li>Selling, General and Administrative Expense: $35.2 million for Q2 2025, up from $34.1 million in Q2 2024. $65.6 million for the first half of 2025, up from $64.9 million in the first half of 2024.</li><li>Gross Margin: 22.8% for Q2 2025, down from 23.0% in Q2 2024. 22.5% for the first half of 2025, up from 22.4% in the first half of 2024.</li></ul><h3>Southern Homebuilding Segment</h3><ul><li>Revenue: $642.9 million for Q2 2025, up from $614.2 million in Q2 2024. $1.18 billion for the first half of 2025, down from $1.23 billion in the first half of 2024.</li><li>Cost of Sales: $498.9 million for Q2 2025, up from $442.7 million in Q2 2024. $902.8 million for the first half of 2025, up from $886.3 million in the first half of 2024.</li><li>Operating Income: $84.3 million for Q2 2025, down from $119.8 million in Q2 2024. $164.7 million for the first half of 2025, down from $237.6 million in the first half of 2024.</li><li>Selling, General and Administrative Expense: $59.6 million for Q2 2025, up from $51.8 million in Q2 2024. $109.6 million for the first half of 2025, up from $101.6 million in the first half of 2024.</li><li>Gross Margin: 22.4% for Q2 2025, down from 27.9% in Q2 2024. 23.3% for the first half of 2025, down from 27.7% in the first half of 2024.</li></ul><h3>Financial Services Segment</h3><ul><li>Revenue: $31.5 million for Q2 2025, up from $30.8 million in Q2 2024. $63.0 million for the first half of 2025, up from $57.7 million in the first half of 2024.</li><li>Operating Income: $17.5 million for Q2 2025, down from $17.9 million in Q2 2024. $36.3 million for the first half of 2025, up from $33.1 million in the first half of 2024.</li><li>Selling, General and Administrative Expense: $13.9 million for Q2 2025, up from $12.9 million in Q2 2024. $26.7 million for the first half of 2025, up from $24.7 million in the first half of 2024.</li></ul><h3>Corporate and Unallocated</h3><ul><li>Selling, General and Administrative Expense: $22.1 million for Q2 2025, down from $23.7 million in Q2 2024. $41.0 million for the first half of 2025, down from $41.4 million in the first half of 2024.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The company plans to open additional new communities during the remainder of 2025 and increase its average community count by about 5% from 2024.</li><li>Non-Core Business: The company is controlling overhead, managing land investments and development expenditures prudently, maintaining pricing discipline, and offering targeted incentives to support overall affordability to support demand, drive order activity, and reduce cancellations.</li><li>Priority: Emphasize customer service, product quality and design, and premier locations.</li></ul>

M/I Homes | 10-Q: FY2025 Q2 Revenue Beats Estimate at USD 1.163 B