Dream Finders (DFH) reported Q4 2025 homebuilding revenues of USD 1.2 billion (-24%) on 2,536 home closings, with homebuilding gross margin of 16.7% and adjusted homebuilding gross margin of 25.7%. Pre-tax income was USD 78 million and net income attributable to shareholders was USD 59 million (-54%) or USD 0.60 per basic share. Q4 net sales were 1,756 (+9%) and the cancellation rate was 15.9%. Financial services pre-tax income was USD 8 million. For FY 2025, Dream Finders posted homebuilding revenues of USD 4.1 billion, with 8,608 home closings, homebuilding gross margin of 17.4% and adjusted homebuilding gross margin of 26.5%. Pre-tax income was USD 284 million and net income attributable to shareholders was USD 217 million (-35%) or USD 2.19 per basic share. Financial services pre-tax income rose to USD 35 million (+12%), supported by the April 2025 acquisition of Alliant Title and consolidation of Jet HomeLoans beginning July 1, 2024. The company ended 2025 with a controlled lot pipeline of 63,121, total liquidity of USD 899 million, and repurchased 1,832,865 Class A shares for USD 41.8 million. Dream Finders also issued USD 300 million of 6.875% senior unsecured notes to repay a portion of its revolving credit facility balance, and said it entered a strategic partnership in Q4 2025 to acquire the Sawgrass Marriott Golf Resort & Spa in Ponte Vedra Beach, Florida. For FY 2026, Dream Finders guided to approximately 9,250 home closings.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dream Finders Homes Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260223924995) on February 23, 2026, and is solely responsible for the information contained therein.
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