D.R. Horton Q3 FY26 net income falls 12.05% to $904.9 million; revenue rises 0.04% to $9.23 billion
DHI•Q3 FY26 results
D.R. Horton posted Q3 FY 2026 net income of USD 904.9 million, down 11.69%, with EPS of USD 3.20, down 4.76%.
Revenue fell 0.04% to USD 9.23 billion, while pre-tax income slipped 9.71% to USD 1.23 billion and the pre-tax margin narrowed 1.4 percentage points to 13.3%.
FY 2026 guidance
FY 2026 guidance called for revenue of USD 32.5 billion to USD 33.0 billion, homes closed of 83,800 to 84,300, and a consolidated pre-tax margin of 12.3% to 12.8%.
Shareholder returns
Shareholder returns included USD 615.7 million of buybacks for 4.2 million shares, alongside USD 127.1 million of dividends at USD 0.45 per share.
Home sales and orders
Home sales revenue rose 1.41% to USD 8.68 billion as homes closed increased 3.55% to 23,983, while net sales orders totaled 23,084 homes valued at USD 8.4 billion.
