OPERATING AND REPORTING SEGMENTS (Tables)

3 Months Ended

Mar. 31, 2026

Segment Reporting [Abstract]

Summary of Reporting Segments

Our reporting segments are as follows:

East	Atlanta, Charlotte, Jacksonville, Naples, Orlando, Raleigh, Sarasota, and Tampa
Central	Austin, Dallas, Denver, Houston, and Indianapolis
West	Bay Area, Las Vegas, Pacific Northwest, Phoenix, Sacramento, and Southern California
Financial Services	Taylor Morrison Home Funding, Inspired Title, and Taylor Morrison Insurance Services

Summary of Segment Information

The segment information is consistent with the metrics reviewed by the CODM and is as follows (in thousands):

	Three Months Ended March 31, 2026
	East		Central		West		Financial Services		Operating and Reporting Segment Subtotal		Corporate and Unallocated(1)		Total
Home closings revenue, net	$	469,061	$	271,158	$	571,202	$	—	$	1,311,421	$	—	$	1,311,421
All other revenue	20,402		158		867		49,264		70,691		4,980		75,671
Total revenue	489,463		271,316		572,069		49,264		1,382,112		4,980		1,387,092
Cost of home closings	365,950		217,030		466,720		—		1,049,700		—		1,049,700
All other cost of revenue	18,184		74		765		24,451		43,474		3,280		46,754
Total cost of revenue	384,134		217,104		467,485		24,451		1,093,174		3,280		1,096,454
Home closings gross margin	103,111		54,128		104,482		—		261,721		—		261,721
Total gross margin	105,329		54,212		104,584		24,813		288,938		1,700		290,638
Sales, commissions and other marketing costs(2)	(35,030)		(22,675)		(30,475)		—		(88,180)		(1,696)		(89,876)
General and administrative expenses	(13,593)		(8,509)		(11,618)		—		(33,720)		(25,251)		(58,971)
Net (loss)/income from unconsolidated entities	(1,355)		(74)		(71)		4,578		3,078		(201)		2,877
Interest and other (expense)/income, net(3)	(4,947)		(7,349)		(14,852)		319		(26,829)		12,843		(13,986)
Income before income taxes	$	50,404	$	15,605	$	47,568	$	29,710	$	143,287	$	(12,605)	$	130,682

(1) Includes the activity from our Build-To-Rent and Urban Form operations.

(2) Includes corporate marketing expense allocations.

(3) Interest and other (expense)/income includes pre-acquisition write-offs of terminated projects.

	Three Months Ended March 31, 2025
	East		Central		West		Financial Services		Operating and Reporting Segment Subtotal		Corporate and Unallocated(1)		Total
Home closings revenue, net	$	625,714	$	477,494	$	726,860	$	—	$	1,830,068	$	—	$	1,830,068
All other revenue	6,098		3,721		888		51,193		61,900		4,051		65,951
Total revenue	631,812		481,215		727,748		51,193		1,891,968		4,051		1,896,019
Cost of home closings	473,553		361,657		556,150		—		1,391,360		—		1,391,360
All other cost of revenue	6,288		2,950		932		28,321		38,491		2,894		41,385
Total cost of revenue	479,841		364,607		557,082		28,321		1,429,851		2,894		1,432,745
Home closings gross margin	152,161		115,837		170,710		—		438,708		—		438,708
Total gross margin	151,971		116,608		170,666		22,872		462,117		1,157		463,274
Sales, commissions and other marketing costs(2)	(39,383)		(30,190)		(36,052)		—		(105,625)		(3,451)		(109,076)
General and administrative expenses	(11,996)		(8,081)		(11,937)		—		(32,014)		(35,534)		(67,548)
Net income/(loss) from unconsolidated entities	—		58		(49)		3,096		3,105		(1,130)		1,975
Interest and other (expense)/income, net(3)	(4,088)		(3,837)		(5,254)		340		(12,839)		2,783		(10,056)
Income before income taxes	$	96,504	$	74,558	$	117,374	$	26,308	$	314,744	$	(36,175)	$	278,569

(1) Includes the activity from our Build-To-Rent and Urban Form operations.

(2) Includes corporate marketing expense allocations.

(3) Interest and other (expense)/income includes pre-acquisition write-offs on terminated projects.

Summary of Assets by Segment

	As of March 31, 2026
	East		Central		West		Financial Services		Operating and Reporting Segment Subtotal		Corporate and Unallocated(1)		Total
Real estate inventory and land deposits	$	2,591,838	$	1,208,053	$	2,826,949	$	—	$	6,626,840	$	—	$	6,626,840
Investments in unconsolidated entities	91,324		211,112		73,440		5,563		381,439		101,572		483,011
Other assets	219,526		239,225		588,303		246,872		1,293,926		1,368,222		2,662,148
Total assets	$	2,902,688	$	1,658,390	$	3,488,692	$	252,435	$	8,302,205	$	1,469,794	$	9,771,999

(1) Includes the assets from our Build-To-Rent and Urban Form operations.

	As of December 31, 2025
	East		Central		West		Financial Services		Operating and Reporting Segment Subtotal		Corporate and Unallocated(1)		Total
Real estate inventory and land deposits	$	2,471,115	$	1,177,184	$	2,853,054	$	—	$	6,501,353	$	—	$	6,501,353
Investments in unconsolidated entities	97,679		206,571		75,473		5,483		385,206		101,772		486,978
Other assets	226,288		272,770		581,059		227,218		1,307,335		1,542,131		2,849,466
Total assets	$	2,795,082	$	1,656,525	$	3,509,586	$	232,701	$	8,193,894	$	1,643,903	$	9,837,797

(1) Includes the assets from our Build-To-Rent and Urban Form operations.