D.R. Horton Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.23B | $7.56B | $6.89B | $9.68B | $9.23B | $7.73B | $7.61B | $10.00B |
| Cost of Revenue | $7.08B | $5.85B | $5.29B | $7.58B | $7.02B | $5.83B | $5.70B | $7.45B |
| Gross Profit | $2.15B | $1.70B | $1.59B | $2.10B | $2.21B | $1.90B | $1.91B | $2.55B |
| Gross Margin | 23.3% | 22.5% | 23.2% | 21.7% | 23.9% | 24.6% | 25.1% | 25.5% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $991.2M | $903.3M | $865.1M | $970.9M | $944.3M | $898.7M | $878.1M | $960.3M |
| Operating Income | $1.23B | $867.4M | $798.1M | $1.20B | $1.36B | $1.07B | $1.11B | $1.71B |
| Operating Margin | 13.3% | 11.5% | 11.6% | 12.4% | 14.7% | 13.8% | 14.6% | 17.1% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $1.23B | $867.4M | $798.1M | $1.20B | $1.36B | $1.07B | $1.11B | $1.71B |
| Income Tax Expense | $307.5M | $209.4M | $196.7M | $288.0M | $325.0M | $248.0M | $258.0M | $409.9M |
| Net Income | $904.9M | $647.9M | $594.8M | $905.3M | $1.02B | $810.4M | $844.9M | $1.28B |
| Net Margin | 9.8% | 8.6% | 8.6% | 9.4% | 11.1% | 10.5% | 11.1% | 12.8% |
| EPS (Basic) | $3.21 | $2.25 | $2.03 | $3.03 | $3.37 | $2.59 | $2.63 | $3.94 |
| EPS (Diluted) | $3.20 | $2.24 | $2.03 | $3.02 | $3.36 | $2.58 | $2.61 | $3.90 |
| Shares Outstanding (Basic) | 282.2M | 287.9M | 292.3M | 308.5M | 304.1M | 312.5M | 321.5M | 329.5M |
| Shares Outstanding (Diluted) | 283.0M | 289.0M | 293.3M | 309.9M | 304.9M | 314.0M | 323.3M | 331.6M |
| Dividends Per Share | $0.45 | $0.45 | $0.45 | $0.40 | $0.40 | $0.40 | $0.40 | $0.30 |