The company’s latest financial data for the period ending May 31, 2026, reveals a complex landscape for the family-owned builder. While net sales orders climbed to 2,532 units from 1,808 in the same quarter last year, revenue fell 17.9 percent to $2.18 billion. The number of homes closed also trended downward, dropping 10.4 percent to 3,143 units compared to the previous year’s figures.
In section Releases
Mattamy Homes Reports 40 Percent Surge in Sales Orders
A 40 percent jump in net sales orders suggests a significant shift in demand for Mattamy Group Corporation, even as the North American homebuilder navigates a period of cooling top-line growth. The Toronto-based firm recorded 2,532 home orders for the fourth quarter, contrasting sharply with a double-digit decline in quarterly revenue.
For the full fiscal year, the results reflect a similar tightening. Total revenue slid 7.9 percent to $5.90 billion, and closings dipped 2.3 percent to 8,261 homes. Despite these declines, the company maintained an 8.6 percent increase in full-year net sales orders, totaling 7,474 homes. Mattamy plans to address these metrics and broader financial performance during a conference call scheduled for August 25, 2026, accessible to qualified investors via the Intralinks platform.
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