Taylor Wimpey has seen its pre-tax profit fall by 54% for the financial year despite an increase in revenue and completions, as exceptional costs rose.
For the year ending 31 December 2025, the housebuilder recorded a 13% increase in revenue, up to £3,844.6million from £3,401.2million. Its UK completions, excluding joint ventures, rose by 6% to 10,614 homes, up from 9,972, which includes 2,220 affordable homes, a slight increase on the previous year.
Taylor Wimpey’s net private sales rate stayed on par with the previous year at 0.75 homes per outlet per week, although declined slightly to 0.65 (0.67 in 2024) when excluding bulk sales. The housebuilder saw its average selling price for private completions rise from £356,000 to £374,000 in 2025, with an overall average of £335,000, up from £319,000.
The developer saw a significant increase in the outlets opened during the year with 71, up 29% from 55 the previous year. It operated from an average of 208 outlets through the year, down from 216, but finished the period strongly with a total of 219, up from 213.
Taylor Wimpey reported a pre-tax profit total of £394.2million, representing 5.8% fall from 2024. However, exceptional costs throughout the year rose to £243.8million as the housebuilder’s net cladding fire safety provision increased to £225.8million. The firm also recorded an £18million payment as a result of the agreement with the CMA, which saw Taylor Wimpey and six other housebuilders pay a total of £100million after a probe into potential anti-competitive behaviour.
Jennie Daly, chief executive of Taylor Wimpey, commented: “We delivered a robust performance in 2025, with completions up 6% and results in line with guidance – testament to the hard work and commitment of our teams in delivering the Group’s strategy against a challenging market backdrop.”
“The spring selling season is progressing well, with encouraging levels of customer interest reflecting the quality of our sites and locations. We are also driving growth in outlets through improved planning outcomes and the consistent and proactive approach of our teams, which will support our growth ambitions.”
“Taylor Wimpey is a strong and agile business with highly experienced teams, and we are well positioned to generate value from our high-quality, well located landbank. Against a backdrop of continuing market uncertainty and more recent geopolitical events, we remain focused on delivering our strategy set out at our recent Investor and Analyst event in October. This is progressing well and the actions we are taking give us confidence in our ability to deliver profitable growth and maximise shareholder returns over the medium term.”
