SKY Q2: revenue $710.2M, net income $49.2M. Operating income falls 23.2% to as gross margin compresses 190bp on material costs

Filed August 5, 2026 · Period ending June 27, 2026 · Compared to 10-Q Aug 6, 2025 · ~2 min read

Key Changes

• high

  Operating income declined 23% YoY to $60.3M from $78.5M, driven by gross margin compression to 25.2% from 27.1% (down 190bp) on higher manufacturing material input costs in the U.S. segment.

  MD&A: Operating Results verify on EDGAR →
• high

  Material weakness in Regional Homes retail operations remediated; disclosure controls now effective as of June 27, 2026, reversing prior-year 'not effective' conclusion.

  Controls and Procedures verify on EDGAR →
• high

  Manufacturing backlog rose 39% YoY to $421.8M from $302.5M as order rates exceeded production rates, reversing prior-year declining backlog trend and signaling improving demand momentum.

  MD&A: Backlog verify on EDGAR →