D.R. Horton (DHI) Revenue — Quarter Ended Sep 30, 2025
Revenue for the most recent quarter rose compared to the immediately preceding quarter, but fell relative to the same quarter a year ago. The sequential increase narrowed the year-over-year decline from the prior period.
Key takeaway
Quarter ended Sep 30, 2025 · FY2025 Q4
Revenue for the most recent quarter rose compared to the immediately preceding quarter, but fell relative to the same quarter a year ago. The sequential increase narrowed the year-over-year decline from the prior period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$9.7B
Revenue reported for this quarter.
Quarter-over-quarter
+4.9%
Change from the immediately preceding quarter.
Year-over-year
-3.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$34.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2024 | $7.6B | -1.5% |
| Mar 31, 2025 | $7.7B | -15.1% |
| Jun 30, 2025 | $9.2B | -7.4% |
| Sep 30, 2025 | $9.7B | -3.2% |
Revenue performance
The quarter-over-quarter revenue increase marked a continuation of the upward trend seen in recent periods, while the annual decline moderated compared to the previous quarter's year-over-year drop.
Quarterly comparison
Revenue was higher than the prior quarter, but lower than the same quarter one year earlier. The sequential improvement partially offset the ongoing year-over-year weakness.
What to watch
Monitor whether the sequential revenue growth can continue to close the year-over-year gap in upcoming quarters.