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Dream Finders Homes, Inc. 10-Q Filings

DFH NYSE

Every 10-Q that Dream Finders Homes, Inc. (DFH) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow DFH and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DFH filings page.

Rhea-AI Summary

Dream Finders Homes, Inc. reported weaker results for the three months ended March 31, 2026. Total revenues fell to $887.8 million from $989.9 million a year earlier, as homebuilding revenues declined 14% amid heavier use of sales incentives and higher land and financing costs.

Net income attributable to the company dropped to $13.3 million from $54.9 million, with diluted EPS down to $0.11 from $0.54. Homebuilding gross margin compressed to 14.5% from 19.2%, while adjusted homebuilding gross margin slipped to 24.3% from 27.8%. Backlog decreased to 2,377 homes valued at $1.1 billion from 2,802 homes valued at $1.4 billion.

The Financial Services segment grew strongly, with revenues rising to $51.2 million from $19.8 million, helped by the Alliant Title acquisition and improved mortgage execution, though title integration weighed on profits. Total assets increased to $4.0 billion, cash and cash equivalents rose to $435.4 million, and total debt climbed to $1.89 billion, pushing net homebuilding debt to net capitalization to 44.7%.

Rhea-AI Summary

Dream Finders Homes (DFH) reported Q3 2025 revenue of $969.8 million versus $1,006.4 million a year ago. Net income was $47.1 million compared with $71.6 million, and diluted EPS was $0.47 versus $0.70. Year‑to‑date, revenue rose to $3.11 billion from $2.89 billion, with net income of $158.6 million versus $210.1 million.

Financial Services revenue increased to $53.1 million in Q3, supported by the April acquisition of Alliant National Title, which contributed $31.6 million in Q3 revenue. DFH also acquired Liberty Communities ($112.7 million cash; contributed $62.1 million Q3 homebuilding revenue) and Green River Builders ($34.1 million cash) to expand in the Southeast. The company issued $300.0 million of 6.875% senior notes due 2030 and increased its revolving credit commitments to $1.5 billion; note proceeds repaid part of the revolver. Operating cash use improved to $(244.2) million year‑to‑date from $(563.1) million, while inventories rose to $2.15 billion. DFH repurchased 1,347,683 Class A shares year‑to‑date for $32.7 million, with $9.5 million remaining under the program. As of October 23, 2025, shares outstanding were 35,028,565 Class A and 57,726,153 Class B.