---
schema_version: "secwatch.filing_event.v1"
accession: "0000882184-25-000018"
form_type: "8-K"
ticker: "DHI"
cik: "0000882184"
company_name: "HORTON D R INC /DE/"
filed_at: "2025-04-17T23:59:59+00:00"
generated_at: "2026-05-23T12:46:54.869365+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# D.R. Horton Q2 EPS $2.58 down 27% YoY; revenue down 15% to $7.7B; cuts FY guidance

## Summary
- EPS $2.58 diluted (-27% YoY); net income $810.4M (-31%); revenues $7.7B (-15%).
- Homes closed 19,276 (-15%); net sales orders 22,437 homes (-15%).
- Homebuilding pre-tax income $935M (-31%); home sales gross margin 21.8%.
- Repurchased 9.7M shares for $1.3B; new $5B repurchase authorization; quarterly dividend $0.40.
- Updated FY25 guidance: revenue $33.3-34.8B, home closings 85k-87k, share repurchases ~$4B.

## SEC filing metadata
- accession: 0000882184-25-000018
- form_type: 8-K
- ticker: DHI
- cik: 0000882184
- company_name: HORTON D R INC /DE/
- filed_at: 2025-04-17T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/882184/000088218425000018/0000882184-25-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/882184/000088218425000018/dhi-20250417.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000882184-25-000018
- JSON: https://secwatch.observer/filing/0000882184-25-000018.json
- Plain text: https://secwatch.observer/filing/0000882184-25-000018.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.