\n\u00a0<\/p>\n<\/td>\n
Three Months Ended September 30,<\/b><\/p>\n<\/td>\n
\n\u00a0<\/p>\n<\/td>\n
Nine Months Ended September 30,<\/b><\/p>\n<\/td>\n<\/tr>\n \n\u00a0<\/p>\n<\/td>\n 2025<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 2024<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n % Change<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 2025<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 2024<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n % Change<\/b><\/p>\n<\/td>\n<\/tr>\n \nNet new orders<\/p>\n<\/td>\n \n324<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n341<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(5.0<\/p>\n<\/td>\n \n)%<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n924<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n1,048<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(11.8<\/p>\n<\/td>\n \n)%<\/p>\n<\/td>\n<\/tr>\n \nStarts<\/p>\n<\/td>\n \n526<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n317<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n65.9<\/p>\n<\/td>\n \n%<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n1,131<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n940<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n20.3<\/p>\n<\/td>\n \n%<\/p>\n<\/td>\n<\/tr>\n \nClosings<\/p>\n<\/td>\n \n262<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n369<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(29.0<\/p>\n<\/td>\n \n)%<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n817<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n1,017<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(19.7<\/p>\n<\/td>\n \n)%<\/p>\n<\/td>\n<\/tr>\n<\/table>\n \nThe following table provides a summary of the Company\u2019s backlog, speculative home, and model home inventory:<\/p>\n \n\u00a0<\/p>\n<\/td>\n As of September 30, 2025<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n As of September 30, 2024<\/b><\/p>\n<\/td>\n<\/tr>\n \n\u00a0<\/p>\n<\/td>\n Backlog1<\/sup><\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n Spec homes<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n Model homes<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n Total<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n Backlog1<\/sup><\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n Spec homes<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n Model homes<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n Total<\/b><\/p>\n<\/td>\n<\/tr>\n \nNot yet started<\/p>\n<\/td>\n \n29<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 29<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n29<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 29<\/b><\/p>\n<\/td>\n<\/tr>\n \nHomes under construction<\/p>\n<\/td>\n \n90<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n268<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n15<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 373<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n63<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n225<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n6<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 294<\/b><\/p>\n<\/td>\n<\/tr>\n \nFinished homes<\/p>\n<\/td>\n \n145<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n145<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n31<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 321<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n128<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n198<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n32<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 358<\/b><\/p>\n<\/td>\n<\/tr>\n Total<\/b><\/p>\n<\/td>\n 264<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 413<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 46<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 723<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 220<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 423<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 38<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 681<\/b><\/p>\n<\/td>\n<\/tr>\n<\/table>\n \n\u00a0<\/p>\n<\/td>\n % Change Period-over-Period<\/b><\/p>\n<\/td>\n<\/tr>\n \n\u00a0<\/p>\n<\/td>\n Backlog1<\/sup><\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n Spec homes<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n Model homes<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n Total<\/b><\/p>\n<\/td>\n<\/tr>\n \nNot yet started<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n%<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \nNM2<\/sup><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \nNM2<\/sup><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n%<\/p>\n<\/td>\n<\/tr>\n \nHomes under construction<\/p>\n<\/td>\n \n42.9<\/p>\n<\/td>\n \n%<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n19.1<\/p>\n<\/td>\n \n%<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n150.0<\/p>\n<\/td>\n \n%<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n26.9<\/p>\n<\/td>\n \n%<\/p>\n<\/td>\n<\/tr>\n \nFinished homes<\/p>\n<\/td>\n \n13.3<\/p>\n<\/td>\n \n%<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(26.8<\/p>\n<\/td>\n \n)%<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(3.1<\/p>\n<\/td>\n \n)%<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(10.3<\/p>\n<\/td>\n \n)%<\/p>\n<\/td>\n<\/tr>\n Total<\/b><\/p>\n<\/td>\n 20.0<\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n (2.4<\/b><\/p>\n<\/td>\n )%<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 21.1<\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 6.2<\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n<\/tr>\n<\/table>\n 1<\/sup><\/p>\n<\/td>\n \u00a0<\/sup><\/p>\n<\/td>\n \nBacklog inventory consists of homes that are under a sales contract but have not closed. Backlog may be impacted by customer cancellations.<\/p>\n<\/td>\n<\/tr>\n 2<\/sup><\/p>\n<\/td>\n \u00a0<\/sup><\/p>\n<\/td>\n \nNM – Not Meaningful<\/p>\n<\/td>\n<\/tr>\n<\/table>\n \n\u201cNet new orders declined 5% year-over-year in the third quarter primarily reflecting weaker demand in July, which improved sequentially in August and September,\u201d stated Chief Executive Officer Jack Micenko.<\/p>\n \n\u201cElevated new home inventory levels continue to drive competition for new sales activity across our markets, and as a result we are not immune to the industry-wide pressures affecting other homebuilders,\u201d added Mr. Micenko. \u201cWe expect that these competitive dynamics are likely to weigh on the gross margin improvement we have seen as a result of our recent product refresh efforts.\u201d<\/p>\n \n\u201cIn addition to weaker demand, sales were impacted by delayed community openings earlier in the year,\u201d shared Chief Financial Officer Keith Feldman. \u201cHowever, we have begun to see an increase in community count in the latter half of 2025, reaching 56 as of September 30, 2025, and we expect to see continued community count growth through the end of 2025. This expansion has contributed to the 66% increase in starts year-over-year, with approximately a third of these starts still in permitting.\u201d<\/p>\n About United Homes Group, Inc.<\/b><\/p>\n \nThe Company is a publicly traded residential builder headquartered near Columbia, SC. The Company focuses on southeastern markets with active communities in South Carolina, North Carolina and Georgia.<\/p>\n \nThe Company employs a land-light operating strategy with a focus on the design, construction and sale of entry-level, first, second and third move-up single-family houses. The Company principally builds detached single-family houses, and, to a lesser extent, attached single-family houses, including duplex houses and town houses. The Company seeks to operate its homebuilding business in high-growth markets, with substantial in-migrations and employment growth.<\/p>\n \nUnder its land-light lot operating strategy, the Company controls its supply of finished building lots through lot option contracts with third parties, related parties, and land bank partners, which provide the Company with the right to purchase finished lots after they have been developed. This land-light operating strategy provides the Company with the ability to amass a pipeline of lots without the risks associated with acquiring and developing raw land.<\/p>\n Forward-Looking Statements<\/b><\/p>\n \nCertain statements contained in this earnings release, other than historical facts, may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the \u201cSecurities Act\u201d) and Section 21E of the Securities Exchange Act of 1934, as amended (the \u201cExchange Act\u201d). We intend for all such forward-looking statements to be covered by the applicable safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act and Section 21E of the Exchange Act, as applicable. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as \u201cmay,\u201d \u201cwill,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201canticipate,\u201d \u201cestimate,\u201d \u201cbelieve,\u201d \u201cseek,\u201d \u201ccontinue,\u201d or other similar words.<\/p>\n \nAny such forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which we operate, and beliefs of, and assumptions made by, our management and involve uncertainties that could significantly affect our financial results. Such statements include, but are not limited to, statements about our future financial performance, strategy, expansion plans, future operations, future operating results, estimated revenues, losses, projected costs, prospects, plans and objectives of management. Such statements are subject to known and unknown risks and uncertainties, which could cause actual results to differ materially from those projected or anticipated, including, without limitation:<\/p>\n \nReaders are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release and are not intended to be a guarantee of our performance in future periods. We cannot guarantee the accuracy of any such forward-looking statements contained in this release, and we do not intend to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.<\/p>\n \nFor further information regarding other risks and uncertainties associated with our business, and important factors that could cause our actual results to vary materially from those expressed or implied in such forward-looking statements, please refer to the factors listed and described under \u201cManagement\u2019s Discussion and Analysis of Financial Condition and Results of Operations\u201d and the \u201cRisk Factors\u201d sections of the documents we file from time to time with the U.S. Securities and Exchange Commission, including, but not limited to, our Annual Report on Form 10-K and our quarterly reports on Form 10-Q, copies of which may be obtained from our website at https:\/\/ir.unitedhomesgroup.com\/financials\/sec-filings\/default.aspx<\/a><\/p>\n View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20251006700137\/en\/<\/a><\/span><\/p>\n Investor Relations Contact:\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n
\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n
\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n
\n \n \n \n \n \n \n \n \n
<\/p>\n
\n<\/b>
Drew Mackintosh
\n
drew@mackintoshir.com
\n<\/a>
Mobile: 310-924-9036<\/p>\n