---
schema_version: "secwatch.filing_event.v1"
accession: "0001825088-23-000008"
form_type: "8-K"
ticker: "DFH"
cik: "0001825088"
company_name: "Dream Finders Homes, Inc."
filed_at: "2023-03-02T23:59:59+00:00"
generated_at: "2026-06-18T15:53:05.967477+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Dream Finders Homes reports record Q4 revenue $1.1B, net income up 51% YoY; net new orders drop 44%

## Summary
- Q4 homebuilding revenues $1.1B (record, +29% YoY); net income $86M (+51%); EPS $0.89 vs $0.58.
- Full year 2022 revenue $3.3B (+74%), net income $262M (+117%), EPS $2.67 vs $1.27.
- Q4 net new orders 1,107 (down 44% YoY); cancellation rate 32.1% vs 13.1%.
- Backlog 5,548 homes valued at $2.5B; FY 2023 guidance ~6,000 home closings.
- Return on participating equity 49.1% (up from 44.3%); total liquidity $487M.

## SEC filing metadata
- accession: 0001825088-23-000008
- form_type: 8-K
- ticker: DFH
- cik: 0001825088
- company_name: Dream Finders Homes, Inc.
- filed_at: 2023-03-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825088/000182508823000008/0001825088-23-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825088/000182508823000008/dream-20230302.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001825088-23-000008
- JSON: https://secwatch.observer/filing/0001825088-23-000008.json
- Plain text: https://secwatch.observer/filing/0001825088-23-000008.txt

## Key facts
- Earnings Releases
  Dream Finders Homes, Inc. reported Q4 2022 vs Q4 2021 results: revenue Homebuilding revenues increased 29% to $1.1 billion, net income Net income attributable to DFH increased 51% to $86 million, or $0.89 per basic share, EPS $0.89 per basic share.
  - Period: Q4 2022 vs Q4 2021
  - Revenue: Homebuilding revenues increased 29% to $1.1 billion
  - Net income: Net income attributable to DFH increased 51% to $86 million, or $0.89 per basic share
  - EPS: $0.89 per basic share
  - Result: reported results
  source text: Homebuilding revenues increased 29% to $1.1 billion, a Company record, compared to $850 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825088/000182508823000008/0001825088-23-000008-index.htm
- Earnings Releases
  Dream Finders Homes, Inc. reported Q4 2022 vs Q4 2021 results: revenue Homebuilding revenues increased 29% to $1.1 billion, net income Net income attributable to DFH increased 51% to $86 million, or $0.89 per basic share, EPS $0.89 per basic share.
  - Period: Q4 2022 vs Q4 2021
  - Revenue: Homebuilding revenues increased 29% to $1.1 billion
  - Net income: Net income attributable to DFH increased 51% to $86 million, or $0.89 per basic share
  - EPS: $0.89 per basic share
  - Result: reported results
  source text: of 1933, as amended, or the Exchange Act. --- EX-99.1 (EX-99.1) --- Dream Finders Announces Fourth Quarter and Full Year 2022 Results Company Record Homebuilding Revenues of $1.1 billion for Fourth Quarter and $3.3 billion for Full Year 2022 Net Income Up 117% For Full Year 2022 Return on Participating Equity of 49.1% Jacksonville, Fla. – March 2, 2023 — Dream
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825088/000182508823000008/0001825088-23-000008-index.htm
- Earnings Releases
  Dream Finders Homes, Inc. reported Full Year 2022 vs Full Year 2021 results: revenue Homebuilding revenues increased 74% to $3.3 billion, net income Net income attributable to DFH increased 117% to $262 million, or $2.67 per basic share, EPS $2.67 per basic share.
  - Period: Full Year 2022 vs Full Year 2021
  - Revenue: Homebuilding revenues increased 74% to $3.3 billion
  - Net income: Net income attributable to DFH increased 117% to $262 million, or $2.67 per basic share
  - EPS: $2.67 per basic share
  - Result: reported results
  source text: Homebuilding revenues increased 74% to $3.3 billion, a Company record, compared to $1.9 billion
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825088/000182508823000008/0001825088-23-000008-index.htm
- Earnings Releases
  Dream Finders Homes, Inc. reported Full Year 2022 vs Full Year 2021 results: revenue Homebuilding revenues increased 74% to $3.3 billion, net income Net income attributable to DFH increased 117% to $262 million, or $2.67 per basic share, EPS $2.67 per basic share.
  - Period: Full Year 2022 vs Full Year 2021
  - Revenue: Homebuilding revenues increased 74% to $3.3 billion
  - Net income: Net income attributable to DFH increased 117% to $262 million, or $2.67 per basic share
  - EPS: $2.67 per basic share
  - Result: reported results
  source text: Act. --- EX-99.1 (EX-99.1) --- Dream Finders Announces Fourth Quarter and Full Year 2022 Results Company Record Homebuilding Revenues of $1.1 billion for Fourth Quarter and $3.3 billion for Full Year 2022 Net Income Up 117% For Full Year 2022 Return on Participating Equity of 49.1% Jacksonville, Fla. – March 2, 2023 — Dream Finders Homes, Inc. (the “Company”,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825088/000182508823000008/0001825088-23-000008-index.htm

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