Revenue
$9.23B
Fiscal year ended 2026-06-30Operating income
Unavailable
Fiscal year ended 2026-06-30Free cash flow
$397.30M
Fiscal year ended 2026-06-30HORTON D R INC /DE/ (DHI) reported revenue of $9.23B and net income of $904.90M for the fiscal year ended 2026-06-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from HORTON D R INC /DE/’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Operative Builders.
Income
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.23B | $7.56B | $6.89B | $9.68B | $9.23B | $7.73B | $7.61B | $10.00B | $9.97B | $9.11B |
| Cost of revenue | $7.08B | $5.85B | $5.29B | $7.58B | $7.02B | $5.83B | $5.70B | $7.45B | $7.32B | $6.77B |
| Gross profit | $2.15B | $1.70B | $1.59B | $2.10B | $2.21B | $1.90B | $1.91B | $2.55B | $2.64B | $2.33B |
| Operating income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Net income | $904.90M | $647.90M | $594.80M | $905.30M | $1.02B | $810.40M | $844.90M | $1.28B | $1.35B | $1.17B |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 283.00M | shares 289.00M | shares 293.30M | Unavailable | shares 304.90M | shares 314.00M | shares 323.30M | Unavailable | shares 330.10M | shares 333.30M |
| Pretax income | $1.23B | $867.40M | $798.10M | $1.20B | $1.36B | $1.07B | $1.11B | $1.71B | $1.80B | $1.53B |
| Income tax expense | $307.50M | $209.40M | $196.70M | $288.00M | $325.00M | $248.00M | $258.00M | $409.90M | $432.20M | $344.80M |
| Diluted EPS | $3.20 | $2.24 | $2.03 | Unavailable | $3.36 | $2.58 | $2.61 | Unavailable | $4.10 | $3.52 |
| Selling, general & administrative | $991.20M | $903.30M | $865.10M | $970.90M | $944.30M | $898.70M | $878.10M | $960.30M | $923.60M | $880.60M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $2.08B | $1.92B | $2.51B | $2.99B | $2.61B | $2.47B | $3.05B | $4.52B | $2.99B | $3.06B |
| Total assets | $36.51B | $35.57B | $34.64B | $35.47B | $36.40B | $35.69B | $35.03B | $36.10B | $35.15B | $34.40B |
| Current assets | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total liabilities | $12.10B | $11.37B | $10.08B | $10.73B | $11.80B | $10.83B | $9.57B | $10.28B | $10.00B | $10.10B |
| Current liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total equity incl. NCI | $24.41B | $24.20B | $24.56B | $24.74B | $24.59B | $24.86B | $25.46B | $25.82B | $25.15B | $24.30B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Goodwill | $163.50M | $163.50M | $163.50M | $163.50M | $163.50M | $163.50M | $163.50M | $163.50M | $163.50M | $163.50M |
| Long-term debt | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $439.30M | -$412.50M | $854.00M | $2.47B | $738.60M | -$436.20M | $646.70M | $1.96B | $698.30M | -$316.70M |
| Capital expenditures | $42.00M | $37.20M | $27.40M | $43.80M | $46.00M | $34.30M | $13.30M | $32.00M | $62.00M | $23.70M |
| Investing cash flow | -$53.10M | -$44.20M | -$116.20M | -$45.20M | -$29.00M | -$37.40M | -$57.10M | -$29.50M | -$95.10M | -$26.70M |
| Financing cash flow | -$225.50M | -$122.10M | -$1.22B | -$2.06B | -$562.80M | -$77.30M | -$2.06B | -$408.10M | -$676.60M | $92.20M |
| Net change in cash | $160.70M | -$578.80M | -$480.30M | $368.40M | $146.80M | -$550.90M | -$1.48B | $1.52B | -$73.40M | -$251.20M |
| Stock-based compensation | $31.50M | $34.60M | $41.40M | $29.90M | $25.90M | $32.20M | $43.00M | $25.40M | $26.80M | $25.00M |
| Common dividends paid | $127.10M | $129.70M | $131.50M | $118.40M | $122.40M | $125.50M | $128.50M | $97.70M | $98.40M | $99.20M |
| Common share repurchases | $600.00M | $930.30M | $669.70M | $700.00M | $1.00B | $1.50B | $1.10B | $600.00M | $399.50M | $402.20M |
| Depreciation & amortization | $29.00M | $28.10M | $27.70M | $27.40M | $25.20M | $24.60M | $24.10M | $23.60M | $22.40M | $21.10M |
Derived
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $397.30M | -$449.70M | $826.60M | $2.43B | $692.60M | -$470.50M | $633.40M | $1.93B | $636.30M | -$340.40M |
| Gross margin | 23.3% | 22.5% | 23.2% | 21.7% | 23.9% | 24.6% | 25.1% | 25.5% | 26.5% | 25.6% |
| Operating margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| FCF margin | 4.3% | -5.9% | 12.0% | 25.1% | 7.5% | -6.1% | 8.3% | 19.3% | 6.4% | -3.7% |
| SBC / revenue | 0.3% | 0.5% | 0.6% | 0.3% | 0.3% | 0.4% | 0.6% | 0.3% | 0.3% | 0.3% |
| Current ratio | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Revenue YoY growth | 0.0% | -2.3% | -9.5% | -3.2% | -7.4% | -15.1% | -1.5% | -4.8% | 2.5% | 14.2% |
| Net margin | 9.8% | 8.6% | 8.6% | 9.4% | 11.1% | 10.5% | 11.1% | 12.8% | 13.6% | 12.9% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 0.5% | 0.5% | 0.4% | 0.5% | 0.5% | 0.4% | 0.2% | 0.3% | 0.6% | 0.3% |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 25.1% | 24.1% | 24.6% | 23.9% | 23.9% | 23.2% | 23.2% | 24.0% | 24.0% | 22.6% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open DHI in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-07-23View SEC filing
10-Q · Filed 2026-04-23View SEC filing
10-Q · Filed 2026-01-22View SEC filing
10-K · Filed 2025-11-19View SEC filing
10-Q · Filed 2025-07-23View SEC filing
10-Q · Filed 2025-04-23View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.