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.
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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