{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-047364","form_type":"8-K","ticker":"DFH","cik":"0001825088","company_name":"Dream Finders Homes, Inc.","filed_at":"2025-10-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.642801+00:00","generated_at":"2026-05-17T01:24:27.264832+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Dream Finders Q3 revenue $917M (-7% YoY); EPS $0.47; net new orders +20%; guidance cut to 8,500 closings","bullets":["Homebuilding revenue $917M (-7% YoY); closings 1,915 (+1%, record); net new orders 2,021 (+20%, record).","GAAP EPS $0.47 vs $0.72; pre-tax income $61M vs $92M; adjusted homebuilding gross margin 26.7% (down 90 bps).","Issued $300M senior notes at 6.875% due 2030; proceeds used to reduce revolver; total liquidity $625M.","Financial services pre-tax income +11% to $9M; repurchased 357,715 shares for $10M in Q3.","Revised FY2025 home closing guidance to ~8,500; cites challenging housing market and near-term headwinds."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-047364","json":"https://secwatch.observer/filing/0001628280-25-047364.json","markdown":"https://secwatch.observer/filing/0001628280-25-047364.md","text":"https://secwatch.observer/filing/0001628280-25-047364.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1825088/000162828025047364/0001628280-25-047364-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1825088/000162828025047364/dream-20251030.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T01:24:27.264832+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}