United Homes Group, Inc.
unitedhomesgroup.comNo Longer Reporting
The company has not filed an annual or quarterly report since its FY2025 10-K, filed Mar 13, 2026. Its latest SEC filing is a 15-12G from May 14, 2026.
10-K for FY2025, filed Mar 13, 2026
The sections below describe the company as of the FY2025 annual report.
What Did They Do?
Builds and sells single-family homes, including detached and attached homes, to entry-level and move-up buyers in South Carolina, North Carolina and Georgia.
10-K for FY2025, filed Mar 13, 2026
How Did They Make Money?
The largest business sells completed homes: buyers pay a deposit when signing and the balance at closing. Homes built on customer-owned land are billed over the project.
10-K for FY2025, filed Mar 13, 2026Performance obligations are generally satisfied at a point in time, when the control of the home is transferred to the customer. Control is…View ↗
In some contracts, the Company is contracted to construct a home or homes on underlying land the customer controls. For these specific…View ↗
The Company periodically bills these customers over the term of the project and performs a quarterly analysis between billings and revenue…View ↗
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10-K for FY2025, filed Mar 13, 2026
FY2025 revenue by reportable segment ↗
$406.7M
-
10-K for FY2025, filed Mar 13, 2026
$406.7M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
GSH South Carolina
Sold outright
10-K for FY2025, filed Mar 13, 2026 |
88% |
GSH South Carolina, FY2025
$358.7M Sources
|
Sold outright |
|
Rosewood
Sold outright
|
8.1% |
Rosewood, FY2025
$32.8M Sources
|
Sold outright |
|
Other
|
3.7%
FY2022: <0.1%
|
Other, FY2025
$15.1M Sources
|
Who Were Their Customers?
Homebuyers sign sales contracts with UHG and can visit developments to meet onsite sales representatives. Its mortgage joint venture arranges financing directly for customers.
10-K for FY2025, filed Mar 13, 2026While digital marketing is a key component of the UHG home sales process, most homebuyers will ultimately want to visit a UHG product in…View ↗
For reporting purposes, a “new order” occurs when a buyer has been pre-approved by a mortgage lender, has signed a sales contract with UHG…View ↗
Other consists of UHG’s homebuilding operations in Raleigh, NC and mortgage operations conducted through a mortgage banking joint venture…View ↗
Did Revenues Turn Into Profits?
No. It lost $16.3M in FY2025.
10-K for FY2025, filed Mar 13, 2026
−$29KView ↗
10-K for FY2025, filed Mar 13, 2026
−$16.3MView ↗
10-K for FY2025, filed Mar 13, 2026
−$21.6MView ↗
How Were They Changing?
-
May 4, 2026
Stanley Martin Homes completed its acquisition of United Homes
United Homes became a wholly owned subsidiary of Stanley Martin Homes, and its common stock stopped trading on Nasdaq.
Sources
8-K, filed May 4, 2026
RESTON, VA & COLUMBIA, SC, May 4, 2026 — Stanley Martin Homes, LLC (“Stanley Martin Homes”) and United Homes Group, Inc. (“United Homes”)…View ↗
From merger seeker to homebuilder
The older report described a company formed to combine with another business; the latest describes a homebuilder that designs, builds and sells homes.
10-K for FY2022, filed Mar 28, 2023 10-K for FY2025, filed Mar 13, 2026We are an early stage blank check company recently incorporated as a Delaware corporation and formed for the purpose of effecting a merger…View ↗
UHG designs, builds and sells homes in high growth markets, including South Carolina, North Carolina, and Georgia. UHG employs a land-light…View ↗
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