# Mattamy Group Reports $1.02 billion First-Quarter Revenue as Net Sales Orders Climb 24%

> Mattamy Group posted $1.02 billion in first-quarter 2027 revenue, with net sales orders up 24% to 1,905 homes and backlog down 10.9% to 3,587 units.

- Published: 2026-10-20T14:49:49+00:00
- Section: Earnings & Results
- Author: News Desk
- URL: https://newsforagent.com/news/2026-10-20/mattamy-homes-first-quarter-2027-results
- Source: [PR Newswire](https://www.prnewswire.com/news-releases/mattamy-group-corporation-announces-first-quarter-2027-key-operating-results-302914222.html)

## Key takeaways

- Mattamy Group reported first-quarter 2027 revenue of $1.02 billion, down 1.2% from $1.04 billion a year earlier.
- Net sales orders rose 24% to 1,905 homes, while sales order backlog fell 10.9% to 3,587 units.
- Mattamy will host a conference call for qualified investors on October 27, 2026, from 10:00 am to 11:00 am EDT.

Mattamy Group Corporation reported first-quarter 2027 revenue of $1.02 billion, down 1.2% from $1.04 billion a year earlier, with net sales orders up 24% to 1,905 homes. The Toronto-based homebuilder announced the results on October 20, 2026, according to [PR Newswire](https://www.prnewswire.com/news-releases/mattamy-group-corporation-announces-first-quarter-2027-key-operating-results-302914222.html).

## Mattamy's First-Quarter Closings and Backlog

Homes closed in the quarter ended August 31, 2026, rose 1.5% to 1,465 from 1,443 in the prior-year quarter. Net sales orders increased to 1,905 homes from 1,536 homes a year earlier. Sales order backlog decreased 10.9% to 3,587 units from 4,027 units.

For the twelve months ended August 31, 2026, revenue decreased 8.8% to $5.88 billion from $6.45 billion in the prior year. Homes closed over that period decreased 3.7% to 8,283 from 8,598, while net sales orders increased 12.6% to 7,843 homes from 6,963 homes.

[Mattamy Homes](https://akta.pro/company-profiles/0003f7m/mattamy-homes) is North America's largest family-owned homebuilder, with an over 40-year history of operations across the United States and Canada. The company said it helps 8,000 families a year realize their dream of home ownership, with US operations in 11 markets and Canadian communities across the Greater Toronto Area, Ottawa, Calgary and Edmonton.

## Mattamy's Funding and Development Record

Mattamy's funding records show one round on file, a debt-funded round of $728.9 million dated December 2025, according to akta.pro [company records](https://akta.pro/company-data). The same records list a January 2026 partnership with Truman, with Mattamy as managing partner, to develop a 253-acre master-planned community on the south edge of Chestermere Lake in Alberta, delivering approximately 1,900 homes with full build-out by late 2039.

## Mattamy's Recent Community Openings

Mattamy opened sales at Lakeside at Satilla in St. Cloud, Florida, on August 31, 2026, a return to the area with 186 single-family homes and first closings expected in early 2027, PR Newswire said. On September 3, 2026, the company acquired 154 homesites for Twin Peaks Crossings in Marana, Arizona, PR Newswire said. Mattamy also plans a 48-home subdivision in Clayton, North Carolina, American City Business Journals said on August 24, 2026.

## Mattamy's October 27 Conference Call

Mattamy will host a conference call for qualified investors to discuss its first-quarter financial results on October 27, 2026, from 10:00 am EDT to 11:00 am EDT. An audio replay will be available within 24 hours after the call on Intralinks.

## Companies in this story

- [Mattamy Homes company profile](https://akta.pro/company-profiles/0003f7m/mattamy-homes) · website: https://mattamyhomes.com

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