---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-028624"
form_type: "8-K"
ticker: "DFH"
cik: "0001825088"
company_name: "Dream Finders Homes, Inc."
filed_at: "2026-04-30T23:59:59+00:00"
generated_at: "2026-05-15T01:05:11.725095+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-26-028624
- form_type: 8-K
- ticker: DFH
- cik: 0001825088
- company_name: Dream Finders Homes, Inc.
- filed_at: 2026-04-30T23:59:59+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/1825088/000162828026028624/0001628280-26-028624-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825088/000162828026028624/dream-20260430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-028624
- JSON: https://secwatch.observer/filing/0001628280-26-028624.json
- Plain text: https://secwatch.observer/filing/0001628280-26-028624.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825088/000162828026028624/0001628280-26-028624-index.htm

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