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Mattamy Group Corporation's First Quarter 2026 Financial Overview

Mattamy Group Corporation, recognized as the largest family-owned homebuilder in North America, has made headlines with its recently released financial results for the first quarter ending August 31, 2025. The firm has shown resilience and growth despite challenging market conditions, marking a noteworthy period in their ongoing operations.

Key Operating Highlights

The financial summary reveals significant improvements in multiple areas compared to the same quarter of the previous year. Notably, revenue surged by 5.6% to reach $1.04 billion, climbing from $0.99 billion. This increase reflects the company's successful strategies and market demand for their housing solutions.

An impressive 11.2% growth in homes closed was also reported, with the company completing 1,443 homes, up from 1,298 last year. This solid performance illustrates Mattamy's ability to expedite construction and deliver homes to customers promptly.

In terms of new business, net sales orders saw a slight increase of 5.3%, reaching a total of 1,536 homes, compared to 1,459 the previous year. However, not all indicators showed upward trends; the sales order backlog saw a significant drop of 28.9%, reducing to 4,027 units from 5,661 units. This reduction may serve as an indicator of Mattamy's capacity to meet demand rather than a decline in interest, suggesting potential market adjustments.

Long-Term Financial Performance

When looking at the last twelve months (LTM) ending August 31, 2025, Mattamy's revenue also evidenced a favorable rise of 5.2%, totaling $6.46 billion compared to $6.14 billion for the prior year. The number of homes closed increased by 5.6%, with 8,598 homes completed versus 8,142 from the previous twelve months. This consistency in growth underscores Mattamy's sustainable business model and strong market presence.

However, the environment for new sales faced challenges; net sales orders dipped by 8.9%, leading to a total of 6,963 homes, down from last year's 7,647 homes. This trend might denote a shift in consumer behavior or market conditions that Mattamy must navigate strategically.

Upcoming Conference Call

For stakeholders interested in deep diving into these results, Mattamy will host a conference call aimed at qualified investors on October 21, 2025, from 11:30 AM to 12:30 PM EDT. This call will provide a platform for the executive team to elaborate on the quarterly results and answer questions from investors. The full financial reports will be made available on Intralinks, ensuring transparency and accessibility for investors and analysts alike.

About Mattamy Homes

Founded over forty years ago, Mattamy Homes has established itself as a key player in the North American homebuilding landscape, assisting approximately 8,000 families each year in achieving home ownership. The company's influence extends across various markets in the United States, including major cities like Charlotte, Raleigh, Phoenix, and others, with a strong presence in Canadian markets like the Greater Toronto Area and Calgary.

As festivities and community events loom, the company emphasizes not just home construction, but the creation of communities where families can thrive. For more information about their offerings and initiatives, interested parties can visit www.mattamyhomes.com.

In summary, Mattamy Group Corporation's first quarter results for 2026 illustrate a robust and growing operation, defending its position within the competitive housing market, while strategically addressing evolving consumer preferences.