Dream Finders Homes, Inc. (DFH) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	4.2B	4.3B	4.5B	3.7B	3.3B
Cost of Revenue	3.6B	3.6B	3.6B	3.0B	2.7B
Gross Profit	513.1M	754.8M	828.6M	736.8M	620.2M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	507.9M	485.2M	395.8M	308.8M	271.0M
General & Admin Expense	144.3M	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	(45.1M)	—	—	—	—
Total Operating Expenses	462.8M	485.2M	395.8M	308.8M	271.0M
Cost and Expenses	4.1B	4.1B	4.0B	3.3B	3.0B
Operating Income (EBIT)	50.3M	269.6M	432.8M	428.0M	349.2M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	—	—	—	1.0K	32.0K
Net Interest Income	—	—	—	(1.0K)	(32.0K)
Other Non-Op Income/Expense	96.7M	14.5M	5.0M	(23.6M)	7.0M
Non-Operating Income (excl Interest)	(12.5M)	(14.5M)	(5.0M)	23.6M	(7.0M)
EBT (Pre-Tax Income)	146.9M	284.1M	437.9M	404.4M	356.2M
Income Tax Expense	39.6M	66.7M	97.3M	96.5M	81.9M
Bottom Line
Net Income	106.3M	217.2M	335.3M	295.9M	262.3M
Earnings from Cont. Ops	107.4M	217.4M	340.6M	307.9M	274.3M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	103.0M	217.2M	321.8M	282.4M	247.8M
Per Share
Basic EPS	$1.14	$2.33	$3.44	$3.03	$2.67
Diluted EPS	$1.08	$2.14	$3.21	$2.66	$2.32
Revenue Per Share	$45.90	$46.43	$47.61	$40.28	$36.04
Shares
Basic Shares Outstanding	90.6M	93.1M	93.5M	93.1M	92.7M
Diluted Shares Outstanding	90.6M	101.3M	100.3M	106.0M	106.7M
Profitability Metrics
EBITDA	87.8M	313.3M	455.1M	422.3M	373.3M
D&A	25.0M	29.2M	17.2M	17.9M	17.1M
EBIT	62.8M	284.1M	437.9M	404.4M	356.2M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026