Dream Finders Homes, Inc. income statement
In fiscal 2025, Dream Finders Homes, Inc. reported revenue of $4.32bn, down 2.9% on the year before and net income of $217m, or $2.14 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 744 | 1,134 | 1,924 | 3,342 | 3,749 | 4,450 | 4,323 | 4,134 |
| Cost of revenue | 641 | 963 | 1,610 | 2,722 | 3,012 | — | — | — |
| Gross profit | 103 | 171 | 314 | 620 | 737 | — | — | — |
| Selling, general and administrative | 64 | 90 | 154 | 266 | 303 | 395 | 485 | 473 |
| Interest expense | 0 | 1 | 1 | 0 | — | — | — | — |
| Income before tax | 45 | 85 | 162 | 356 | 404 | 438 | 284 | 195 |
| Income tax | 0 | 0 | 27 | 82 | 96 | 97 | 67 | 47 |
| Net income | 39 | 79 | 121 | 262 | 296 | 335 | 217 | 147 |
| Diluted EPS | $0.00 | $0.00 | $1.27 | $2.45 | $2.79 | $3.34 | $2.14 | $1.52 |
| Diluted shares (average) | — | — | 95m | 107m | 106m | 100m | 101m | 96m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,006 | 1,560 | 990 | 1,151 | 970 | 1,213 | 888 | 1,063 |
| Selling, general and administrative | 102 | 116 | 117 | 135 | 110 | 124 | 111 | 128 |
| Income before tax | 92 | 169 | 71 | 74 | 61 | 78 | 19 | 37 |
| Income tax | 21 | 38 | 16 | 18 | 14 | 19 | 5 | 9 |
| Net income | 71 | 129 | 55 | 57 | 47 | 59 | 13 | 28 |
| Diluted EPS | $0.70 | $1.28 | $0.54 | $0.56 | $0.47 | $0.58 | $0.11 | $0.27 |
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