For the quarter ending 2026-03-31, TPH had -$134,911K decrease in cash & cash equivalents over the period. -$54,680K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 6,810 | 60,156 | 56,110 | 124,727 |
| Depreciation and amortization | 7,618 | 7,717 | 7,508 | 15,044 |
| Equity in income of unconsolidated entities, net | -88 | 251 | 1,309 | 966 |
| Deferred income taxes, net | - | 2,843 | - | - |
| Amortization of stock-based compensation | 1,957 | 7,362 | 7,308 | 16,159 |
| Charges for impairments and lot option abandonments | 1,068 | 12,986 | 9,244 | 14,169 |
| Fair value adjustment on mortgage loans held for sale | -647 | 248 | -389 | -215 |
| Gain on increase in carrying amount of investment | - | 0 | 0 | 0 |
| Returns on investments in unconsolidated entities, net | 0 | 769 | 1,309 | 966 |
| Real estate inventories | 126,939 | -175,162 | 90,277 | 159,656 |
| Mortgage loans held for sale | -31,715 | 19,861 | -26,068 | -9,924 |
| Receivables | -2,609 | -3,272 | -15,194 | 54,103 |
| Other assets | 1,458 | -15,101 | -1,425 | 24,172 |
| Accounts payable | 21,462 | -30,645 | -9,111 | 13,352 |
| Accrued expenses and other liabilities | 6,459 | -13,342 | 21,997 | -61,075 |
| Net cash used in operating activities | -47,964 | 221,021 | 45,855 | -105,416 |
| Purchases of property and equipment | 6,716 | 7,849 | 6,771 | 18,296 |
| Proceeds from investment | - | - | 0 | 0 |
| Proceeds from sale of property and equipment | - | 0 | - | - |
| Proceeds from land bank financing arrangement | - | 6,756 | 12,820 | - |
| Investments in unconsolidated entities | 32,442 | 10,054 | 3,723 | 32,483 |
| Distributions to noncontrolling interests | - | 0 | 0 | 0 |
| Distributions from unconsolidated entities | 1,000 | 16,587 | 5,540 | 11,230 |
| Proceeds from issuance of common stock under share-based awards | - | 0 | 0 | 0 |
| Net cash used in investing activities | -38,158 | -1,316 | -4,954 | -39,549 |
| Borrowings from loans payable | -201,600 | - | 200,000 | 1,600 |
| Borrowings from debt | - | 201,600 | - | - |
| Repayment of loans payable and senior notes | -13,132 | - | 3,483 | 9,649 |
| Repayment of debt | - | 16,102 | - | - |
| Debt issuance costs | - | 5 | 1,000 | 4,246 |
| Borrowings on mortgage repurchase facilities | 258,235 | 378,033 | 422,068 | 697,084 |
| Repayments on mortgage repurchase facilities | 289,490 | 358,552 | 450,001 | 702,160 |
| Tax withholding paid on behalf of employees for share-based awards | 17,534 | 1,852 | 6 | 9,957 |
| Share repurchases, excluding excise tax | 0 | 50,262 | 51,980 | 175,110 |
| Net cash used in financing activities | -48,789 | -28,852 | 128,418 | -202,438 |
| Net decrease in cash and cash equivalents | -134,911 | 190,853 | 169,319 | -347,403 |
| Cash and cash equivalentsbeginning of period | 982,814 | 178,084 | 970,045 | - |
| Cash and cash equivalentsend of period | 847,903 | 190,853 | 791,961 | - |
Tri Pointe Homes, Inc. (TPH)
Tri Pointe Homes, Inc. (TPH)