M/I HOMES, INC.
For the period ended Sep 30, 2026. Filed Oct 23, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Oct 23, 2026
What changed in Risk Factors?
Read the current filingPrevious report: 10-Q
Period ended 2026-06-30; filed 2026-07-31.
0000799292-26-000028
Item 1A. Risk FactorsCurrent report: 10-Q
Period ended 2026-09-30; filed 2026-10-23.
0000799292-26-000033
Item 1A. Risk FactorsThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 10 previous paragraphs and 13 current paragraphs.
7 unchanged; 2 reworded; 4 added; 0 removed; 1 previous and 0 current paragraphs rearranged.
Tables are not compared: 1 previous and 1 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
The current filing states there were no material changes to risk factors.
This is the filer’s own statement, not a conclusion from the comparison. Read its qualifications and the report it references.
Current filing’s statement
Our business is subject to a variety of risks and uncertainties. These risks are described elsewhere in this Quarterly Report on Form 10-Q, including in Management’s Discussion and Analysis of Financial Condition and Results of Operations above, or in our other filings with the SEC, including Part I, Item 1A of our 2025 Form 10-K. There have been no material changes to the risk factors disclosed in our 2025 Form 10-K.
Added paragraphs (4)
Current report
On October 20, 2026, M/I Financial entered into the New MIF Mortgage Repurchase Facility which provides a committed maximum borrowing availability of $300 million. The New MIF Mortgage Repurchase Facility is used to finance eligible residential mortgage loans originated by M/I Financial and expires on October 18, 2027.
Current report
M/I Financial also renewed the MIF Master Repurchase Facility on October 20, 2026, which provides for an uncommitted maximum borrowing availability of $100 million and will now expire on October 19, 2027 or upon agent demand with a 30-day notice period.
Current report
For more information regarding the New MIF Mortgage Repurchase Facility and the MIF Master Repurchase Facility, refer to Note 8, “Debt” to our consolidated financial statements included in Part I, Item 1 of this Quarterly Report on Form 10-Q and “Liquidity and Capital Resources - Notes Payable - Financial Services” included in Part I, Item 2 of this Quarterly Report on Form 10-Q.
Current report
The foregoing description of the New MIF Mortgage Repurchase Facility is qualified in its entirety by reference to the Mortgage Repurchase Agreement and Securities Contract filed as Exhibit 10.1 to this Quarterly Report on Form 10-Q and incorporated herein by reference.
Reworded paragraphs (2)
Previous wording
(1) On November 12, 2025, the Company announced that its Board of Directors authorized the 2025 Share Repurchase Program. Under the 2025 Share Repurchase Program, the Company may purchase up to $250 million of its outstanding common shares through open market transactions, privately negotiated transactions or otherwise in accordance with all applicable laws, including pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934. The 2025 Share Repurchase Program does not have an expiration date and may be modified, suspended or discontinued at any time. See Note 12 to our Unaudited Condensed Consolidated Financial Statements for additional information.
Current wording
(1) On November 12, 2025, the Company announced that its Board of Directors authorized the 2025 Share Repurchase Program, which replaced the Company’s previous share repurchase program. On August 12, 2026, the Company announced that its Board of Directors authorized the 2026 Share Repurchase Program, which replaced the 2025 Share Repurchase Program which had $113.5 million remaining availability at the time. Under the 2026 Share Repurchase Program, the Company may purchase up to $250 million of its outstanding common shares through open market transactions, privately negotiated transactions or otherwise in accordance with all applicable laws, including pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934. The 2026 Share Repurchase Program does not have an expiration date and may be modified, suspended or discontinued at any time. See Note 12 to our Unaudited Condensed Consolidated Financial Statements for additional information.
Previous wording
The timing, amount and other terms and conditions of any future repurchases under the 2025 Share Repurchase Program will be determined by the Company’s management at its discretion based on a variety of factors, including the market price of the Company’s common shares, business considerations, general market and economic conditions and legal requirements. See
Current wording
The timing, amount and other terms and conditions of any future repurchases under the 2026 Share Repurchase Program will be determined by the Company’s management at its discretion based on a variety of factors, including the market price of the Company’s common shares, business considerations, general market and economic conditions and legal requirements. See Note 12 to the Unaudited Condensed Consolidated Financial Statements and the “Liquidity and Capital Resources” section above for more information regarding the 2026 Share Repurchase Program.
Rearranged previous paragraphs (1)
Previous report — wording carried elsewhere
Note 12 to the Unaudited Condensed Consolidated Financial Statements and the “Liquidity and Capital Resources” section above for more information regarding the 2025 Share Repurchase Program.