---
schema_version: "secwatch.filing_event.v1"
accession: "0001825088-25-000029"
form_type: "8-K"
ticker: "DFH"
cik: "0001825088"
company_name: "Dream Finders Homes, Inc."
filed_at: "2025-05-06T23:59:59+00:00"
generated_at: "2026-05-22T13:38:15.754105+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 revenue up 18% to $970M; gross margin expands 140 bps; reiterates 9,250 closings FY25

## Summary
- 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.

## SEC filing metadata
- accession: 0001825088-25-000029
- form_type: 8-K
- ticker: DFH
- cik: 0001825088
- company_name: Dream Finders Homes, Inc.
- filed_at: 2025-05-06T23:59:59+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/1825088/000182508825000029/0001825088-25-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825088/000182508825000029/dream-20250506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001825088-25-000029
- JSON: https://secwatch.observer/filing/0001825088-25-000029.json
- Plain text: https://secwatch.observer/filing/0001825088-25-000029.txt

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