Dream Finders Q1 EPS falls 80% to $0.11; revenue $837M, down 14%

Dream Finders Homes, Inc.

2026-Q1 EPS reported $0.11 revenue$887,839,000

Net sales (orders) of 2,408, up 19% YoY, a record.
Homebuilding revenues $837M, down 14% vs $970M; closings 1,870 vs 1,925.
GAAP net income $13M ($0.11/basic share) vs $55M ($0.55) - EPS down 80%.
Homebuilding gross margin 14.5% vs 19.2%; adjusted margin 24.3% vs 27.8%.
FY2026 guidance reiterated: ~9,250 closings; repurchased 1.1M shares for $18M.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Dream Finders Homes, Inc. reported first quarter ended March 31, 2026 results: revenue $837 million, net income $13 million, EPS $0.11 per basic share. Guidance reaffirmed.

Period: first quarter ended March 31, 2026
Revenue: $837 million
Net income: $13 million
EPS: $0.11 per basic share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

first quarter ended March 31, 2026. First Quarter 2026 Highlights (As Compared to First Quarter 2025) • Net sales increased 19% to 2,408 from 2,032 • Homebuilding revenues of $837 million compared to $970 million • Home closings of 1,870 compared to 1,925 • Homebuilding gross margin of 14.5% compared to 19.2% • Adjusted homebuilding gross margin (non-GAAP) of

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Source: SEC EDGAR

accession 0001628280-26-028624

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