Dream Finders Homes, Inc.DFHEarnings & Financial Report
Dream Finders Homes, Inc. is a U.S. homebuilding firm that constructs and sells entry-level to luxury residential properties, including single-family homes and townhomes, across high-growth domestic markets. It also provides mortgage, title insurance and home warranty services for homebuyers.
Revenue
$1.1B
Gross Profit
$202.9M
Operating Profit
$106.0M
Net Profit
$80.9M
Gross Margin
19.2%
Operating Margin
10.0%
Net Margin
7.7%
YoY Growth
11.7%
EPS
$0.81
Dream Finders Homes, Inc. Q2 FY2024 Financial Summary
Dream Finders Homes, Inc. reported revenue of $1.1B (up 11.7% YoY) for Q2 FY2024, with a net profit of $80.9M (up 17.7% YoY) (7.7% margin). Cost of goods sold was $852.8M, operating expenses totaled $96.9M.
Key Financial Metrics
| Total Revenue | $1.1B |
|---|---|
| Net Profit | $80.9M |
| Gross Margin | 19.2% |
| Operating Margin | 10.0% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
Dream Finders Homes, Inc. Q2 FY2024 revenue of $1.1B breaks down across 4 segments, led by Midwest Segment at $447.4M (42.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Midwest Segment | $447.4M | 42.4% |
| Southeast Segment | $340.5M | 32.3% |
| Mid Atlantic Segment | $264.3M | 25.0% |
| Other | $3.5M | 0.3% |
Dream Finders Homes, Inc. Revenue by Segment — Quarterly Trend
Dream Finders Homes, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Midwest Segment and Southeast Segment) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Midwest Segment | $454.2M | $357.3M | $457.2M | $424.4M |
| Southeast Segment | $397.5M | $317.2M | $367.6M | $307.6M |
| Mid Atlantic Segment | $307.3M | $242.2M | $274.8M | $238.1M |
Dream Finders Homes, Inc. Annual Revenue by Year
Dream Finders Homes, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $4.3B).
| Year | Annual Revenue |
|---|---|
| 2025 | $4.3B |
| 2024 | $4.4B |
| 2023 | $3.7B |
| 2022 | $3.3B |
Dream Finders Homes, Inc. Quarterly Revenue & Net Profit History
Dream Finders Homes, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $1.2B | -22.3% | $58.8M | 4.8% |
| Q3 FY2025 | $969.8M | -3.6% | $47.0M | 4.8% |
| Q2 FY2025 | $1.2B | +9.0% | $56.6M | 4.9% |
| Q1 FY2025 | $989.9M | +19.6% | $54.9M | 5.5% |
| Q4 FY2024 | $1.6B | +37.1% | $130.5M | 8.4% |
| Q3 FY2024 | $1.0B | +12.3% | $70.7M | 7.0% |
| Q2 FY2024 | $1.1B | +11.7% | $80.9M | 7.7% |
| Q1 FY2024 | $827.8M | +7.6% | $54.5M | 6.6% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $827.8M | $1.06B | $1.01B | $1.56B | $989.9M | $1.15B | $969.8M | $1.21B |
| YoY Growth | 7.6% | 11.7% | 12.3% | 37.1% | 19.6% | 9.0% | -3.6% | -22.3% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.72B | $2.99B | $3.32B | $3.33B | $3.49B | $3.65B | $3.84B | $3.73B |
| Liabilities | $1.57B | $1.76B | $2.03B | $1.91B | $2.02B | $2.14B | $2.28B | $2.12B |
| Equity | $968.7M | $1.05B | $1.12B | $1.24B | $1.29B | $1.33B | $1.37B | $1.42B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-247.5M | $-110.6M | $-205.0M | $306.5M | $-44.7M | $-68.5M | $-131.0M | $143.6M |