The financials
D. R. Horton by the numbers
D. R. Horton (DHI) reported revenue of $9.23B in Q3 2026 (quarter ended Jun 30, 2026), up 0.0% from the same quarter a year earlier. That came with a gross margin of 23% and net income of $905M (9.8% of revenue). For the full year FY2025, revenue was $34.3B (−6.9% year on year) and net income $3.59B. Its largest region in Q3 2026 was South Central at $1.97B, 23% of the disclosed total, just ahead of Southeast at 22%.
| Income statement | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $9.23B | $9.23B | +0.0% |
| Gross profit | $2.15B | $2.21B | −2.9% |
| Net income | $905M | $1.02B | −12% |
| Diluted EPS | $3.20 | $3.36 | −4.8% |
| Geographic | Revenue | Share |
|---|---|---|
| South Central | $1.97B | 23% |
| Southeast | $1.92B | 22% |
| East | $1.75B | 20% |
| North | $1.22B | 14% |
| Southwest | $1.17B | 13% |
| Northwest | $652M | 7.5% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q3 2026Total $8.68B (+23%)
East grew +5.2% year on yearNorthwest -6.7% year on year
Segment Latestquarter on quarteryear on year
- South Central$1.97B$1.97BQoQ +30%year on year +1.5%+30%+1.5%
- Southeast$1.92B$1.92BQoQ +23%year on year -0.35%+23%-0.35%
- East$1.75B$1.75BQoQ +27%year on year +5.2%+27%+5.2%
- North$1.22B$1.22BQoQ +18%year on year +4.6%+18%+4.6%
- Southwest$1.17B$1.17BQoQ +14%year on year +0.46%+14%+0.46%
- Northwest$652.0M$652.0MQoQ +21%year on year -6.7%+21%-6.7%
Residential Construction
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