D.R. Horton financials
$139.40−0.01%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q3 '26 Jun 30 | Q2 '26 Mar 31 | Q1 '26 Dec 31 | Q4 '25 Sep 30 | Q3 '25 Jun 30 | Q2 '25 Mar 31 | Q1 '25 Dec 31 | Q4 '24 Sep 30 | Q3 '24 Jun 30 | Q2 '24 Mar 31 | Q1 '24 Dec 31 | Q4 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.23B | $7.56B | $6.89B | $9.68B | $9.23B | $7.73B | $7.61B | $10.00B | $9.97B | $9.11B | $7.73B | $10.50B |
| Gross profit | $2.15B | $1.70B | $1.59B | $2.10B | $2.21B | $1.90B | $1.91B | $2.55B | $2.64B | $2.33B | $2.01B | $2.82B |
| Gross margin | 23.3% | 22.5% | 23.2% | 21.7% | 23.9% | 24.6% | 25.1% | 25.5% | 26.5% | 25.6% | 26.0% | 26.9% |
| Operating income | $1.16B | $800.0M | $729.6M | $1.13B | $1.26B | $1.00B | $1.03B | $1.59B | $1.72B | $1.45B | $1.17B | $1.94B |
| Net income | $904.9M | $647.9M | $594.8M | $905.3M | $1.02B | $810.4M | $844.9M | $1.28B | $1.35B | $1.17B | $947.4M | $1.51B |
| Net margin | 9.8% | 8.6% | 8.6% | 9.4% | 11.1% | 10.5% | 11.1% | 12.8% | 13.6% | 12.9% | 12.3% | 14.4% |
| Diluted EPS | $3.20 | $2.24 | $2.03 | $3.03 | $3.36 | $2.58 | $2.61 | $3.92 | $4.10 | $3.52 | $2.82 | $4.45 |
| EBITDA | $1.18B | $828.1M | $757.3M | $1.15B | $1.29B | $1.03B | $1.06B | $1.62B | $1.74B | $1.47B | $1.19B | $1.94B |
| Operating cash flow | $439.3M | -$412.5M | $854.0M | $2.47B | $738.6M | -$436.2M | $646.7M | $1.96B | $698.3M | -$316.7M | -$153.4M | $2.04B |
| Free cash flow | $397.3M | -$449.7M | $826.6M | $2.43B | $692.6M | -$470.5M | $633.4M | $1.93B | $636.3M | -$340.4M | -$201.0M | $2.00B |
| Diluted shares | 283.0M | 289.0M | 292.3M | 299.2M | 304.9M | 314.0M | 321.5M | 327.3M | 330.1M | 333.3M | 335.7M | 339.1M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $2.08B | $1.92B | $2.51B | $2.99B | $2.61B | $2.47B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $7.11B | $6.56B | $5.55B | $5.97B | $7.25B | $6.52B |
| Total assets | $36.51B | $35.57B | $34.64B | $35.47B | $36.40B | $35.69B |
| Total liabilities | $12.10B | $11.37B | $10.08B | $10.73B | $11.80B | $10.83B |
| Shareholders' equity | $24.41B | $24.20B | $24.56B | $24.74B | $24.59B | $24.86B |
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