Century Communities, Inc. Segments Disclosure

2. Reporting Segments Our homebuilding operations are engaged in the development, design, construction, marketing and sale of single-family attached and detached homes in 16 states. We build and sell homes under our Century Communities and Century Complete brands. Our Century Communities brand is managed by geographic location, and each of our four geographic regions offers a wide range of buyer profiles including: entry-level, first and second time move-up, and lifestyle homebuyers, and provides our homebuyers with the limited ability to personalize their homes through certain option and upgrade selections. Each of our four geographic regions is considered a separate operating segment. Our Century Complete brand targets entry-level homebuyers, primarily sells homes through retail studios, centralized locations, and the internet, and generally provides no option or upgrade selections. Our Century Complete brand currently has operations in nine states and is managed separately from our four geographic regions, and it is considered a separate operating segment.Accordingly, we have presented our homebuilding operations as the following reportable segments as of December 31, 2025: West (California and Washington)Mountain (Arizona, Colorado, Nevada and Utah) Texas Southeast (Florida, Georgia, North Carolina, South Carolina and Tennessee)Century Complete (Alabama, Arizona, Florida, Georgia, Indiana, Kentucky, Michigan, North Carolina, South Carolina) We have identified our Financial Services operations, which provide mortgage, title, insurance brokerage and escrow services to our homebuyers, and Century Living, which is engaged in the development, construction, management, and sales of multi-family rental properties currently all located in Colorado, as reportable segments. Our Corporate operations are a non-operating segment, as it serves to support our homebuilding operations, and to a lesser extent our Financial Services operations, through various functions, such as our executive, finance, treasury, human resources, accounting and legal departments. Beginning in the first quarter of 2025, we have separately reported our Century Living segment as a reportable segment, which was previously included in our Corporate segment, in order to reflect the distinct nature of our multi-family rental operations. Accordingly, we have recast the corresponding segment information as of December 31, 2024 and for the years ended December 31, 2024 and 2023. During the first quarter of 2025, our strategy evolved for our Century Living multi-family rental properties to be predominantly focused on the disposition of the assets shortly after lease stabilization. Accordingly, we have determined that these multi-family rental operations have become part of our ordinary activities, and revenue is recognized from the sale of these properties when performance obligations are satisfied, generally when the respective properties are delivered and title has passed to the buyers, and rental income and expenses from these properties during lease-up is recognized as other income (expense), net on the consolidated statement of operations. We record multi-family rental property inventory within prepaid and other assets on the consolidated balance sheet, and cash flows from development activities and the disposition of properties are recorded as operating activities on the consolidated statement of cash flows. Our Executive Chairman and our Chief Executive Officer, collectively, have been determined to be our Chief Operating Decision Makers (“CODMs”) to make key operating decisions and assess performance. The management of our four Century Communities geographic regions, Century Complete, our Financial Services segment, and our Century Living segment reports to our CODMs. The CODMs evaluate the segment’s operating performance and allocate resources for all of our reportable segments based on income before income tax expense. For all of the segments, the CODMs use segment income before income tax expense in the annual budget and forecasting process. The CODMs consider budget-to-actual forecast variances for income before tax expense on a monthly basis for evaluating performance of each segment and making decisions about allocating capital and other resources to each segment. The measure of segment assets is reported on the consolidated balance sheets as total assets. The accounting policies of the reportable segments are the same as those described in the summary of significant accounting policies. The following table summarizes total revenue, significant expenses, and income (loss) before income tax expense by segment (in thousands): Year Ended December 31, 2025 West Mountain Texas Southeast Century Complete Financial Services Century Living Corporate TotalRevenues $ 834,756 $ 884,402 $ 580,626 $ 682,080 $ 952,559 $ 86,193 $ 97,200 $ — $ 4,117,816Cost of home sales revenues (674,098) (735,405) (481,513) (557,498) (789,210) — — 2,045 (3,235,679)Cost of multi-family sales revenues — — — — — — (91,849) — (91,849)Financial services costs — — — — — (67,006) — — (67,006)Selling, general and administrative expense (70,811) (80,715) (66,655) (64,146) (95,352) — (1,166) (126,048) (504,893)Other segment items (1) (5,370) (9,496) (728) (3,400) (3,153) — 684 (2,514) (23,977)Income (loss) before tax expense $ 84,477 $ 58,786 $ 31,730 $ 57,036 $ 64,844 $ 19,187 $ 4,869 $ (126,517) $ 194,412 Year Ended December 31, 2024 West Mountain Texas Southeast Century Complete Financial Services Century Living Corporate TotalRevenues $ 901,889 $ 1,077,473 $ 627,071 $ 701,508 $ 997,450 $ 92,897 $ — $ — $ 4,398,288Cost of home sales (689,566) (855,579) (502,106) (534,518) (787,792) — — (8,348) (3,377,909)Financial services costs — — — — — (66,185) — — (66,185)Selling, general and administrative expense (68,505) (87,892) (66,579) (63,294) (98,919) — (2,744) (128,556) (516,489)Other segment items (1) (1,404) (4,130) (340) (1,605) (1,957) — 22,155 (10,364) 2,355Income (loss) before tax expense $ 142,414 $ 129,872 $ 58,046 $ 102,091 $ 108,782 $ 26,712 $ 19,411 $ (147,268) $ 440,060 Year Ended December 31, 2023 West Mountain Texas Southeast Century Complete Financial Services Century Living Corporate TotalRevenues $ 667,269 $ 967,240 $ 461,414 $ 595,474 $ 920,565 $ 80,223 $ — $ — $ 3,692,185Cost of home sales (522,404) (768,421) (374,370) (433,700) (733,407) — — (8,011) (2,840,313)Financial services costs — — — — — (48,660) — — (48,660)Selling, general and administrative expense (54,964) (79,646) (42,814) (52,761) (87,736) — (2,341) (127,049) (447,311)Other segment items (1) (398) (5,215) (439) (2,010) (379) — (183) 3,553 (5,071)Income (loss) before tax expense $ 89,503 $ 113,958 $ 43,791 $ 107,003 $ 99,043 $ 31,563 $ (2,524) $ (131,507) $ 350,830 (1)Includes cost of land sales and other revenues, and other income (expense), net  The following table summarizes total assets by segment (in thousands): December 31, December 31, 2025 2024West $ 891,808 $ 780,991Mountain 941,617 1,026,047Texas 891,763 834,815Southeast 581,228 616,747Century Complete 389,954 468,256Financial Services 436,515 478,730Century Living 198,815 217,899Corporate 128,195 108,987Total assets $ 4,459,895 $ 4,532,472 Century Living assets include primarily multi-family rental properties under construction and properties that are in lease-up, which are included in prepaid and other assets on the consolidated balance sheets. Corporate assets include primarily costs associated with certain cash and cash equivalents, certain property and equipment, deferred tax assets, certain receivables, and certain prepaids and other assets, including prepaid insurance.