Dream Finders Homes financials
$11.00+1.10%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 |
|---|---|---|---|---|---|
| Revenue | $4.32B | $4.45B | $3.75B | $3.34B | $1.92B |
| Gross profit | $754.8M | $827.9M | $730.8M | $615.2M | $313.6M |
| Gross margin | 17.5% | 18.6% | 19.5% | 18.4% | 16.3% |
| Operating income | $269.6M | $432.8M | $428.0M | $338.1M | $152.6M |
| Net income | $203.7M | $321.8M | $282.4M | $247.8M | $117.5M |
| Net margin | 4.7% | 7.2% | 7.5% | 7.4% | 6.1% |
| Diluted EPS | $2.14 | $3.34 | $2.79 | $2.45 | $1.27 |
| EBITDA | $284.6M | $443.1M | $438.6M | $349.4M | $162.5M |
| Operating cash flow | -$100.6M | -$256.6M | $374.2M | -$38.7M | $57.4M |
| Free cash flow | -$126.4M | -$282.0M | $369.5M | -$44.2M | $54.7M |
| Diluted shares | 101.3M | 100.3M | 106.0M | 106.7M | 95.3M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|
| Cash & equivalents | $234.8M | $274.4M | $494.1M | $364.5M | $227.2M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — |
| Total debt | $1.61B | $1.29B | $824.3M | $966.2M | $763.3M |
| Total assets | $3.73B | $3.33B | $2.56B | $2.37B | $1.89B |
| Total liabilities | $2.12B | $1.91B | $1.48B | $1.57B | $1.34B |
| Shareholders' equity | $1.43B | $1.25B | $937.6M | $644.6M | $401.2M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology