Quarterly ResultJul 30, 2026, 02:51 PM
Dream Finders Homes Q2 Net Income Down 51% to $27.7M
AI Summary
Dream Finders Homes reported a significant decrease in net income for the second quarter and first half of 2026. Q2 net income attributable to the company fell 51% to $27.7 million, with total revenues also declining to $1.06 billion. The company's total assets increased to $3.96 billion, driven by higher inventories, while total debt also rose to $1.82 billion. The company also reincorporated to Texas during the quarter.
Key Highlights
- Q2 2026 net income attributable to Dream Finders Homes, Inc. decreased 51% to $27.7 million.
- Total revenues for Q2 2026 declined to $1.06 billion from $1.15 billion in Q2 2025.
- Basic EPS for Q2 2026 was $0.27, down from $0.57 in Q2 2025.
- Total assets increased to $3.96 billion as of June 30, 2026, from $3.73 billion at year-end 2025.
- Inventories rose to $2.33 billion as of June 30, 2026, from $2.03 billion at year-end 2025.
- Total debt increased to $1.82 billion as of June 30, 2026, from $1.61 billion at year-end 2025.
- Net cash used in operating activities increased to $151.1 million for the six months ended June 30, 2026.
- Dream Finders Homes reincorporated to Texas on June 9, 2026.
Price Impact
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