---
schema_version: "secwatch.filing_event.v1"
accession: "0001825088-24-000028"
form_type: "8-K"
ticker: "DFH"
cik: "0001825088"
company_name: "Dream Finders Homes, Inc."
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T00:50:16.558538+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Dream Finders Homes Q1 2024 revenue up 8% to $825M, net income up 11%, orders up 19%

## Summary
- Homebuilding revenues $825M, +8% YoY; net income attributable to DFH $54M (+11%).
- Net new orders up 19% to 1,724; home closings up 9% to 1,655; ASP $494,995.
- Adjusted gross margin improved 200 bps to 26.3%; homebuilding gross margin 17.8% (+80 bps).
- Acquired Crescent Homes on Feb 1, 2024, expanding into Charleston, Greenville, Nashville.
- Total liquidity $500M; net debt to net cap 39.9%; return on equity 34.9%.

## SEC filing metadata
- accession: 0001825088-24-000028
- form_type: 8-K
- ticker: DFH
- cik: 0001825088
- company_name: Dream Finders Homes, Inc.
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1825088/000182508824000028/0001825088-24-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825088/000182508824000028/dream-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001825088-24-000028
- JSON: https://secwatch.observer/filing/0001825088-24-000028.json
- Plain text: https://secwatch.observer/filing/0001825088-24-000028.txt

## Key facts
- Earnings Releases
  Dream Finders Homes, Inc. reported first quarter ended March 31, 2024 results: revenue $825 million, net income $54 million, EPS $0.55 per basic share.
  - Period: first quarter ended March 31, 2024
  - Revenue: $825 million
  - Net income: $54 million
  - EPS: $0.55 per basic share
  - Result: reported results
  source text: Securities Act of 1933, as amended, or the Exchange Act. --- EX-99.1 (EX-99.1) --- Dream Finders Announces First Quarter 2024 Results First Quarter Homebuilding Revenues of $825 million Net New Orders Up 19% , Net Income to DFH Up 11% Return on Participating Equity of 34.9% Jacksonville, FL. — May 2, 2024 — Dream Finders Homes, Inc. (the “Company”, “Dream
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825088/000182508824000028/0001825088-24-000028-index.htm

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