---
schema_version: "secwatch.filing_event.v1"
accession: "0000882184-26-000062"
form_type: "8-K"
ticker: "DHI"
cik: "0000882184"
company_name: "HORTON D R INC /DE/"
filed_at: "2026-04-21T23:59:59+00:00"
generated_at: "2026-05-15T05:15:16.996603+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# D.R. Horton Q2 EPS $2.24, net income down 20% YoY; updates FY2026 guidance, declares $0.45 dividend

## Summary
- Q2 net income $647.9M ($2.24 diluted EPS), down 20% vs prior year; pre-tax margin 11.5% above guidance high end.
- Home sales rev $7.0B on 19,486 closings; net orders up 11% to 24,992 homes; cancellation rate 16%.
- Repurchased 6.0M shares for $903.6M in Q2; remaining authorization $1.7B; declared $0.45/share quarterly dividend.
- Updated FY2026 guidance: consolidated revenue $33.5-34.5B, homes closed 86,000-87,500; reiterates share repurchases ~$2.5B.
- Pre-tax margins benefited 40bps in Q2 from favorable litigation outcome and lower warranty costs; unsold completed homes down 35% YoY.

## SEC filing metadata
- accession: 0000882184-26-000062
- form_type: 8-K
- ticker: DHI
- cik: 0000882184
- company_name: HORTON D R INC /DE/
- filed_at: 2026-04-21T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/882184/000088218426000062/0000882184-26-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/882184/000088218426000062/dhi-20260421.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000882184-26-000062
- JSON: https://secwatch.observer/filing/0000882184-26-000062.json
- Plain text: https://secwatch.observer/filing/0000882184-26-000062.txt

## Key facts
- Earnings Releases
  HORTON D R INC /DE/ reported second quarter ended March 31, 2026 results: net income $647.9 million, EPS $2.24 per diluted share.
  - Period: second quarter ended March 31, 2026
  - Net income: $647.9 million
  - EPS: $2.24 per diluted share
  - Result: reported results
  source text: Fiscal 2026 Second Quarter Highlights As of or for the quarter ended March 31, 2026 • Net income attributable to D.R. Horton of $647.9 million or $2.24 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/882184/000088218426000062/0000882184-26-000062-index.htm

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