Dream Finders Homes Q3 net income falls to $7 million on Beazer deal costs
Dream Finders Homes reported third-quarter 2026 homebuilding revenue up 3% to $942 million and home closings up 3% to 1,967, but net income attributable to the company fell to $7 million, or less than a one cent loss per basic share, from $47 million, or $0.47 per share, a year earlier. Results were hurt by $23 million of Beazer acquisition costs and a homebuilding gross margin of 14.9% versus 17.5%, and the company said it expects further deal abandonment charges in the fourth quarter after completing the $2.2 billion Beazer acquisition on October 20, 2026.
Key points
- Net income attributable to DFH was $7 million, or less than a one cent loss per basic share, versus $47 million, or $0.47 per share; excluding $23 million of Beazer acquisition costs, it was $27 million, or $0.22 per share.
- Homebuilding revenues rose 3% to $942 million; homebuilding gross margin fell to 14.9% from 17.5%, and adjusted gross margin fell to 24.1% from 26.7%.
- Beazer Homes USA acquisition was completed October 20, 2026, in an all-cash deal with an enterprise value of about $2.2 billion.
- The company reiterated its 2026 guidance of about 9,250 home closings and expects deal abandonment charges in the fourth quarter.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:18 PM ET, from the text of the filing and its press-release exhibits only.
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