United Homes Group Inc. reported third quarter 2025 home closings of 262, down 29% from 369 in the same period last year, resulting in revenue, net of sales discounts, of $90.8 million, a decrease of 23%. Net new orders totaled 324, a 5% decrease year over year. The company's gross margin was 17.7%, down from 18.9% in the third quarter of 2024. The average sale price of production-built homes rose to approximately $346,000 from $320,000 last year. Adjusted EBITDA for the quarter was $3.8 million, compared to $9.0 million in the prior year's third quarter. As of September 30, 2025, United Homes Group's lot pipeline consisted of about 7,700 lots owned or controlled, and available liquidity was $83.1 million. The company noted ongoing efforts to improve operations and profitability following the conclusion of a strategic alternatives review by its board's special committee.