Dream Finders Homes Q2 profit falls to $57 million as home closings rise 10%
Dream Finders Homes reported second quarter 2025 results, with homebuilding revenue up 4% to $1.1 billion and home closings up 10% to 2,232. Net income attributable to the company fell to $57 million, or $0.57 per basic share, from $81 million, or $0.83, a year earlier, as homebuilding gross margin narrowed to 16.5% from 19.0%. The company reiterated its full-year 2025 guidance of approximately 9,250 home closings.
Key points
- Homebuilding revenue rose 4% to $1.1 billion; home closings rose 10% to 2,232 from 2,031.
- Net income attributable to Dream Finders Homes was $57 million, or $0.57 per basic share, versus $81 million, or $0.83, in the prior-year quarter.
- Homebuilding gross margin was 16.5% versus 19.0%, citing increased incentives, higher land and financing costs, and product mix.
- Full-year 2025 guidance of approximately 9,250 home closings was reiterated; the company repurchased 705,404 Class A shares for $16 million in the quarter.
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 31, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.