D.R. Horton Q1 profit falls 30% to $594.8 million; fiscal 2026 guidance reiterated
D.R. Horton reported fiscal first-quarter 2026 results for the quarter ended December 31, 2025, with net income attributable to the company down 30% to $594.8 million and diluted earnings per share down 22% to $2.03. Revenues were $6.9 billion, compared with $7.6 billion a year earlier, and the company reiterated its fiscal 2026 guidance and declared a quarterly dividend of $0.45 per share.
Key points
- Net income attributable to D.R. Horton was $594.8 million, or $2.03 per diluted share, versus $844.9 million, or $2.61 per diluted share, a year earlier
- Homes closed fell 7% to 17,818, while net sales orders rose 3% to 18,300 homes
- Fiscal 2026 guidance was reiterated, including consolidated revenues of $33.5 billion to $35.0 billion
- Quarterly dividend of $0.45 per share is payable February 12, 2026 to stockholders of record on February 5, 2026
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 January 20, 2026.
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