D.R. Horton, Inc. (DHI) income statement
NYSE · Consumer Cyclical · Residential Construction · 14,341 employees · CEO Paul J. Romanowski
- Price
- $146.00 -0.36%
- Market cap
- $40.8B
- Enterprise value
- $44.8B
- Last report
- Q4 '26 filed 2026-10-29
- Next report
- 2027-01-19 EPS est. $1.48
D.R. Horton, Inc. (DHI) reported revenue of $9.37B for Q4 '26 (-3.2% year on year), operating income of $1.01B (10.8% of revenue) and net income of $742M. Over the last four quarters revenue was $33B.
Income statement
| Income statement | Trend | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.73B | $9.11B | $9.97B | $10B | $7.61B | $7.73B | $9.23B | $9.68B | $6.89B | $7.56B | $9.23B | $9.37B | |
| Cost of revenue | $5.72B | $6.77B | $7.32B | $7.45B | $5.7B | $5.83B | $7.02B | $7.58B | $5.29B | $5.85B | $7.08B | $7.45B | |
| Gross profit | $2.01B | $2.33B | $2.64B | $2.55B | $1.91B | $1.9B | $2.21B | $2.1B | $1.59B | $1.7B | $2.15B | $1.92B | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $989M | |
| Other operating expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$71.2M | -$87M | |
| Operating expenses | $809M | $843M | $879M | $896M | $878M | $899M | $944M | $971M | $865M | $903M | $920M | $902M | |
| Operating income | $1.2B | $1.49B | $1.76B | $1.66B | $1.03B | $1B | $1.26B | $1.13B | $730M | $800M | $1.23B | $1.01B | |
| Interest expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $31.3M | $60M | $0 | $0 | |
| Other non-operating income (gains on investments, FX ...) | -$49.9M | -$39M | -$36.3M | -$51.2M | -$77.8M | -$65.6M | -$93.3M | -$79M | -$99.8M | $67.4M | $0 | $0 | |
| Total non-operating income | $49.9M | $39M | $36.3M | $51.2M | $77.8M | $65.6M | $93.3M | $79M | $68.5M | $67.4M | $0 | $0 | |
| Income before tax | $1.25B | $1.53B | $1.8B | $1.71B | $1.11B | $1.07B | $1.36B | $1.2B | $798M | $867M | $1.23B | $1.01B | |
| Income tax | $292M | $345M | $432M | $410M | $258M | $248M | $325M | $288M | $203M | $209M | $308M | $255M | |
| Net income | $947M | $1.17B | $1.35B | $1.28B | $845M | $810M | $1.02B | $905M | $595M | $648M | $905M | $742M | |
| EPS (basic) | $2.84 | $3.54 | $4.12 | $3.95 | $2.63 | $2.59 | $3.37 | $3.06 | $2.03 | $2.25 | $3.19 | $2.68 | |
| EPS (diluted) | $2.82 | $3.52 | $4.10 | $3.92 | $2.61 | $2.58 | $3.36 | $3.04 | $2.03 | $2.24 | $3.18 | $2.67 | |
| Shares (basic, weighted) | 333M | 331M | 328M | 325M | 322M | 313M | 296M | 296M | 292M | 288M | 288M | 277M | |
| Shares (diluted, weighted) | 336M | 333M | 330M | 327M | 324M | 314M | 297M | 297M | 293M | 289M | 288M | 278M | |
| Depreciation & amortization | $20M | $21.1M | $22.4M | $23.6M | $24.1M | $24.6M | $25.2M | $27.4M | $27.7M | $28.1M | $29M | $31.7M | |
| EBITDA | $1.27B | $1.55B | $1.82B | $1.73B | $1.13B | $1.09B | $1.38B | $1.23B | $857M | $761M | $1.26B | $1.05B |
| Income statement | Trend | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14.1B | $16.1B | $17.6B | $20.3B | $27.8B | $33.5B | $35.5B | $36.8B | $34.3B | $33B | |
| Cost of revenue | $11B | $12.4B | $13.7B | $15.4B | $19.9B | $23B | $26.1B | $27.3B | $26.1B | $25.7B | |
| Gross profit | $3.05B | $3.67B | $3.87B | $4.94B | $7.88B | $10.5B | $9.35B | $9.54B | $8.12B | $7.36B | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.75B | |
| Operating expenses | $1.38B | $1.63B | $1.82B | $1.98B | $2.48B | $2.8B | $3.11B | $3.42B | $3.69B | $3.75B | |
| Operating income | $1.66B | $2.04B | $2.05B | $2.95B | $5.39B | $7.71B | $6.24B | $6.11B | $4.42B | $3.61B | |
| Interest income | $14.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other non-operating income (gains on investments, FX ...) | $62.3M | -$19.6M | -$70.5M | -$28.5M | $34.9M | $78.7M | -$73.4M | -$171M | -$316M | -$294M | |
| Total non-operating income | -$62.3M | $19.6M | $70.5M | $28.5M | -$34.9M | -$78.7M | $73.4M | $171M | $316M | $294M | |
| Income before tax | $1.6B | $2.06B | $2.13B | $2.98B | $5.36B | $7.63B | $6.31B | $6.28B | $4.74B | $3.91B | |
| Income tax | $564M | $598M | $507M | $603M | $1.17B | $1.73B | $1.52B | $1.48B | $1.12B | $969M | |
| Net income | $1.04B | $1.46B | $1.62B | $2.37B | $4.18B | $5.86B | $4.75B | $4.76B | $3.59B | $2.89B | |
| EPS (basic) | $2.77 | $3.88 | $4.34 | $6.49 | $11.56 | $16.65 | $13.93 | $14.44 | $11.62 | $10.14 | |
| EPS (diluted) | $2.74 | $3.81 | $4.29 | $6.41 | $11.42 | $16.51 | $13.82 | $14.34 | $11.57 | $10.11 | |
| Shares (basic, weighted) | 374M | 377M | 373M | 366M | 361M | 352M | 341M | 330M | 309M | 285M | |
| Shares (diluted, weighted) | 379M | 383M | 377M | 370M | 366M | 355M | 343M | 332M | 310M | 286M | |
| Depreciation & amortization | $54.7M | $62.4M | $72M | $80.4M | $73.9M | $81.4M | $91.6M | $87.1M | $101M | $117M | |
| EBITDA | $1.66B | $2.12B | $2.2B | $3.06B | $5.43B | $7.71B | $6.41B | $6.37B | $4.84B | $4.02B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-Q 2025-12-31, 10-K 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-Q 2024-12-31, 10-K 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-02