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Side-by-side financial comparison of Dream Finders Homes, Inc. (DFH) and Qnity Electronics, Inc. (Q). Click either name above to swap in a different company.

Qnity Electronics, Inc. is the larger business by last-quarter revenue ($1.3B vs $1.2B, roughly 1.1× Dream Finders Homes, Inc.). Qnity Electronics, Inc. runs the higher net margin — 16.5% vs 4.8%, a 11.7% gap on every dollar of revenue. On growth, Qnity Electronics, Inc. posted the faster year-over-year revenue change (11.1% vs -22.3%). Qnity Electronics, Inc. produced more free cash flow last quarter ($568.0M vs $136.0M).

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.

DFH vs Q — Head-to-Head

Bigger by revenue
Q
Q
1.1× larger
Q
$1.3B
$1.2B
DFH
Growing faster (revenue YoY)
Q
Q
+33.4% gap
Q
11.1%
-22.3%
DFH
Higher net margin
Q
Q
11.7% more per $
Q
16.5%
4.8%
DFH
More free cash flow
Q
Q
$432.0M more FCF
Q
$568.0M
$136.0M
DFH

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
DFH
DFH
Q
Q
Revenue
$1.2B
$1.3B
Net Profit
$58.8M
$211.0M
Gross Margin
45.1%
Operating Margin
6.4%
21.3%
Net Margin
4.8%
16.5%
Revenue YoY
-22.3%
11.1%
Net Profit YoY
-54.9%
6.0%
EPS (diluted)
$0.57
$1.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DFH
DFH
Q
Q
Q4 25
$1.2B
Q3 25
$969.8M
$1.3B
Q2 25
$1.2B
Q1 25
$989.9M
Q4 24
$1.6B
Q3 24
$1.0B
$1.1B
Q2 24
$1.1B
Q1 24
$827.8M
Net Profit
DFH
DFH
Q
Q
Q4 25
$58.8M
Q3 25
$47.0M
$211.0M
Q2 25
$56.6M
Q1 25
$54.9M
Q4 24
$130.5M
Q3 24
$70.7M
$199.0M
Q2 24
$80.9M
Q1 24
$54.5M
Gross Margin
DFH
DFH
Q
Q
Q4 25
Q3 25
45.1%
Q2 25
Q1 25
Q4 24
Q3 24
47.0%
Q2 24
19.2%
Q1 24
18.0%
Operating Margin
DFH
DFH
Q
Q
Q4 25
6.4%
Q3 25
6.3%
21.3%
Q2 25
6.4%
Q1 25
7.2%
Q4 24
10.8%
Q3 24
9.2%
21.8%
Q2 24
10.0%
Q1 24
8.6%
Net Margin
DFH
DFH
Q
Q
Q4 25
4.8%
Q3 25
4.8%
16.5%
Q2 25
4.9%
Q1 25
5.5%
Q4 24
8.4%
Q3 24
7.0%
17.3%
Q2 24
7.7%
Q1 24
6.6%
EPS (diluted)
DFH
DFH
Q
Q
Q4 25
$0.57
Q3 25
$0.47
$1.01
Q2 25
$0.56
Q1 25
$0.54
Q4 24
$1.28
Q3 24
$0.70
$0.95
Q2 24
$0.81
Q1 24
$0.55

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DFH
DFH
Q
Q
Cash + ST InvestmentsLiquidity on hand
$234.8M
$128.0M
Total DebtLower is stronger
$1.6B
$1.7B
Stockholders' EquityBook value
$1.4B
$9.1B
Total Assets
$3.7B
$12.5B
Debt / EquityLower = less leverage
1.13×
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DFH
DFH
Q
Q
Q4 25
$234.8M
Q3 25
$251.0M
$128.0M
Q2 25
$210.3M
Q1 25
$297.5M
Q4 24
$274.4M
Q3 24
$204.9M
Q2 24
$274.8M
Q1 24
$239.4M
Total Debt
DFH
DFH
Q
Q
Q4 25
$1.6B
Q3 25
$1.8B
$1.7B
Q2 25
Q1 25
Q4 24
$1.3B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
DFH
DFH
Q
Q
Q4 25
$1.4B
Q3 25
$1.4B
$9.1B
Q2 25
$1.3B
Q1 25
$1.3B
Q4 24
$1.2B
Q3 24
$1.1B
$11.1B
Q2 24
$1.0B
Q1 24
$968.7M
Total Assets
DFH
DFH
Q
Q
Q4 25
$3.7B
Q3 25
$3.8B
$12.5B
Q2 25
$3.7B
Q1 25
$3.5B
Q4 24
$3.3B
Q3 24
$3.3B
Q2 24
$3.0B
Q1 24
$2.7B
Debt / Equity
DFH
DFH
Q
Q
Q4 25
1.13×
Q3 25
1.29×
0.19×
Q2 25
Q1 25
Q4 24
1.03×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DFH
DFH
Q
Q
Operating Cash FlowLast quarter
$143.6M
$782.0M
Free Cash FlowOCF − Capex
$136.0M
$568.0M
FCF MarginFCF / Revenue
11.2%
44.5%
Capex IntensityCapex / Revenue
0.6%
16.8%
Cash ConversionOCF / Net Profit
2.44×
3.71×
TTM Free Cash FlowTrailing 4 quarters
$-126.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DFH
DFH
Q
Q
Q4 25
$143.6M
Q3 25
$-131.0M
$782.0M
Q2 25
$-68.5M
Q1 25
$-44.7M
Q4 24
$306.5M
Q3 24
$-205.0M
Q2 24
$-110.6M
Q1 24
$-247.5M
Free Cash Flow
DFH
DFH
Q
Q
Q4 25
$136.0M
Q3 25
$-135.7M
$568.0M
Q2 25
$-78.8M
Q1 25
$-47.9M
Q4 24
$302.6M
Q3 24
$-222.5M
Q2 24
$-112.4M
Q1 24
$-249.6M
FCF Margin
DFH
DFH
Q
Q
Q4 25
11.2%
Q3 25
-14.0%
44.5%
Q2 25
-6.8%
Q1 25
-4.8%
Q4 24
19.4%
Q3 24
-22.1%
Q2 24
-10.6%
Q1 24
-30.2%
Capex Intensity
DFH
DFH
Q
Q
Q4 25
0.6%
Q3 25
0.5%
16.8%
Q2 25
0.9%
Q1 25
0.3%
Q4 24
0.3%
Q3 24
1.7%
Q2 24
0.2%
Q1 24
0.3%
Cash Conversion
DFH
DFH
Q
Q
Q4 25
2.44×
Q3 25
-2.79×
3.71×
Q2 25
-1.21×
Q1 25
-0.81×
Q4 24
2.35×
Q3 24
-2.90×
Q2 24
-1.37×
Q1 24
-4.54×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DFH
DFH

Midwest Segment$454.2M37%
Southeast Segment$397.5M33%
Mid Atlantic Segment$307.3M25%
Financial Services Segment$53.7M4%

Q
Q

Semiconductor Technologies$693.0M54%
Interconnect Solutions$583.0M46%

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