D.R. Horton Q3 profit falls 18% to $3.36 per share; revenue down 7% to $9.2 billion
D.R. Horton reported fiscal third-quarter results for the period ended June 30, 2025, with diluted earnings per share of $3.36, down 18% from $4.10, and revenues of $9.2 billion, down 7%. The company updated its fiscal 2025 guidance, giving consolidated revenue of $33.7 billion to $34.2 billion and 85,000 to 85,500 homes closed, and declared a $0.40 quarterly dividend. The filing does not state the prior guidance, so it does not show whether the update was higher or lower.
Key points
- Net income attributable to D.R. Horton fell 24% to $1.0 billion; diluted EPS was $3.36 versus $4.10 a year earlier.
- Homes closed fell 4% to 23,160, and homebuilding pre-tax margin was 13.8% versus 17.0% a year earlier.
- Updated fiscal 2025 guidance: revenues of $33.7 billion to $34.2 billion, 85,000 to 85,500 homes closed, and share repurchases of $4.2 billion to $4.4 billion.
- Quarterly dividend of $0.40 per share is payable August 14, 2025, to holders of record on August 7, 2025.
The filing
Written by AI on Nov 8, 2026, 1:30 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 22, 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.