D.R. Horton (DHI) Revenue — Quarter Ended Dec 31, 2025
Revenue declined in the current quarter compared to both the prior quarter and the same quarter a year earlier. The company continued a downward trend seen in recent quarters, with the rate of decline moderating relative to the preceding period.
Key takeaway
Quarter ended Dec 31, 2025 · FY2026 Q1
Revenue declined in the current quarter compared to both the prior quarter and the same quarter a year earlier. The company continued a downward trend seen in recent quarters, with the rate of decline moderating relative to the preceding period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6.9B
Revenue reported for this quarter.
Quarter-over-quarter
-28.8%
Change from the immediately preceding quarter.
Year-over-year
-9.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$33.5B
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 |
|---|---|---|
| Mar 31, 2025 | $7.7B | -15.1% |
| Jun 30, 2025 | $9.2B | -7.4% |
| Sep 30, 2025 | $9.7B | -3.2% |
| Dec 31, 2025 | $6.9B | -9.5% |
Revenue performance
Reported revenue decreased for the quarter, moving lower from the level achieved in the immediately preceding quarter.
Quarterly comparison
When compared with the same period one year earlier, revenue also showed a decline, marking a continued contraction on an annual basis. The sequential decrease was larger than the year-over-year decline.
What to watch
The filing notes exposure to risks from interest rate changes and mortgage financing availability, which could affect future revenue trends.