earnings
confidence high
sentiment positive
materiality 0.75
Dream Finders Homes Q1 revenue up 18% to $970M; gross margin expands 140 bps; reiterates 9,250 closings FY25
Dream Finders Homes, Inc.
2025-Q1 EPS reported
$0.54
revenue$989,871,000
- Home closings increased 16% to 1,925; net new orders up 18% to 2,032; ASP up 1% to $498k.
- Homebuilding gross margin improved 140 bps to 19.2%; adjusted gross margin 27.8% (up 150 bps).
- Net income attributable to DFH $55M ($0.55 per share) consistent with prior year; pre-tax income $71M.
- Closed acquisitions of Liberty Communities (Atlanta) and Cherry Creek Mortgage in Q1; Alliant National Title and Green River Builders post-quarter.
- Reiterated FY2025 home closing guidance of ~9,250; total liquidity $677M; repurchased $7M in shares.