FINHUB Insights

DHI · Q1 FY26 · Oct 1 – Dec 31, 2025

D. R. Horton Q1 FY26: where the revenue came from and where it went

D. R. Horton Q1 FY26: revenue $6.9B (−10% year over year). Net profit $0.6B. Largest cohort Home Building Ops $6.5B. The whole income statement as a sankey diagram from the SEC filing.

Period
Oct 1 – Dec 31, 2025
Reported
Jan 22, 2026 10-Q
Sankey diagram of D. R. Horton's income statement for Q1 FY26: revenue of $6.9 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$6.9B −10% year over year
Gross profit$1.6B 23% margin
Operating profit$0.7B 11% margin
Net profit$0.6B 9% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Dec 31, 2025).
ItemValueShare of revenueYear over year
Revenue 6.9 100% −10%
Home Building Ops 6.5 94% −9%
Financial Services 0.2 3% +1%
Rental 0.1 1% −50%
Land 0.1 1% +20%
Cost of revenue−5.377%
Gross profit1.623% margin−2pp
SG&A−0.913%+1pp
Operating profit0.711% margin+0pp
Tax−0.2
Net profit0.69%−2pp
Filing on EDGAR More quarters of DHI

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

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