---
schema_version: "secwatch.filing_event.v1"
accession: "0001825088-25-000050"
form_type: "8-K"
ticker: "DFH"
cik: "0001825088"
company_name: "Dream Finders Homes, Inc."
filed_at: "2025-07-31T23:59:59+00:00"
generated_at: "2026-05-17T22:26:56.447567+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Dream Finders Q2 net income falls 30% to $57M; reaffirms FY 2025 closings guidance of ~9,250

## Summary
- Homebuilding revenues up 4% to $1.1B; home closings up 10% to 2,232; ASP down 7% to $481,027.
- Net income attributable to DFH was $57M ($0.57 per share) vs $81M ($0.83) in Q2 2024.
- Homebuilding gross margin fell 250 bps to 16.5%; adjusted gross margin was 25.9% vs 27.0%.
- Repurchased 705,404 shares for $16M during Q2; total liquidity $433M.
- Closed acquisitions of Alliant National Title (April 18) and Green River Builders (May 2) in Q2.

## SEC filing metadata
- accession: 0001825088-25-000050
- form_type: 8-K
- ticker: DFH
- cik: 0001825088
- company_name: Dream Finders Homes, Inc.
- filed_at: 2025-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825088/000182508825000050/0001825088-25-000050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825088/000182508825000050/dream-20250731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001825088-25-000050
- JSON: https://secwatch.observer/filing/0001825088-25-000050.json
- Plain text: https://secwatch.observer/filing/0001825088-25-000050.txt

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