Every 10-Q that D R Horton Inc (DHI) 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 DHI 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 DHI filings page.
D.R. Horton reported softer results for the three and nine months ended June 30, 2026. Consolidated revenues were $9.23 billion for the quarter, essentially flat year over year, and $23.67 billion year-to-date, down 4% from $24.57 billion. Pre-tax income was $1.23 billion for the quarter and $2.89 billion year-to-date, with pre-tax margins of 13.3% and 12.2% versus 14.7% and 14.4% in the prior periods.
Net income attributable to D.R. Horton was $904.9 million (diluted EPS $3.20) for the quarter and $2.15 billion (diluted EPS $7.45) for nine months, below $1.02 billion/$3.36 and $2.68 billion/$8.53 a year earlier. Management cites affordability constraints and cautious consumer sentiment; home sales gross margin fell to 20.7% in the quarter and 20.4% year-to-date from 21.8% and 22.1%, as average selling prices declined and sales incentives, including mortgage rate buydowns, increased. Net sales orders rose 5% to 66,376 homes year-to-date, with backlog up 14% to 15,983 homes valued at $6.2 billion.
Total assets were $36.51 billion and total equity $24.41 billion at June 30, 2026. Book value per share increased to $84.85, while debt to total capital was 23.0% and net debt to total capital 17.4%. Cash, cash equivalents and restricted cash totaled $2.13 billion. The company highlights a strong balance sheet and liquidity supported by large revolving credit and mortgage repurchase facilities. During the nine months, it repurchased 14.6 million shares for $2.2 billion, with $1.1 billion remaining under its authorization, and paid cash dividends of $0.45 per share each quarter.
D.R. Horton, Inc. reported lower results for the quarter and six months ended March 31, 2026, as affordability pressures weighed on home demand and pricing. Quarterly consolidated revenues were $7.6 billion, down from $7.7 billion, and pre-tax income declined to $867.4 million from $1.1 billion, reducing pre-tax margin to 11.5% from 13.8%. Net income attributable to D.R. Horton fell to $647.9 million and diluted EPS to $2.24 from $2.58. For the six months, revenues decreased to $14.4 billion from $15.3 billion, with net income down to $1.24 billion and diluted EPS to $4.27 from $5.19, reflecting lower home prices, higher incentives and margin compression. Net sales orders rose 11% in the quarter to 24,992 homes and 7% year-to-date to 43,292 homes, but home sales gross margin tightened to about 20%. The company maintained a sizable balance sheet with $1.9 billion in cash and cash equivalents, total assets of $35.6 billion, and debt of $6.56 billion, while continuing share repurchases and dividends.
D.R. Horton’s quarter ended December 31, 2025 showed lower profits despite solid demand. Consolidated revenue fell to $6.9 billion from $7.6 billion, and pre-tax income declined to $798.1 million from $1.1 billion, as homebuilding margins and rental profits weakened.
Net income attributable to D.R. Horton dropped to $594.8 million, with diluted EPS down to $2.03 from $2.61. Homebuilding revenue decreased 9% as homes closed fell 7% and average prices dipped 3%, while home sales gross margin compressed to 20.4% from 22.7% due to heavier incentives. Yet net sales orders rose 3% to 18,300 homes and backlog units increased 3%, indicating steady underlying demand.
The company generated $854.0 million in operating cash flow, kept debt to total capital at 18.8% and net debt to total capital at 11.2%, and ended with $2.6 billion in cash, cash equivalents and restricted cash. It repurchased 4.4 million shares for $669.7 million and paid a quarterly dividend of $0.45 per share, while closing an approximately $80 million acquisition of SK Builders to expand in Greenville, South Carolina.