FY2025 · ended Dec 31, 2025 · Revenue $4.32B, -2.9% YoY · Filed Feb 24, 2026
Dream Finders Homes, Inc. (DFH) files with the SEC under industry code 1531, Operative Builders. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $4.3 billion and net income of $217.2 million. Free cash flow was -$126.4 million. As of Sep 30, 2026 it held $245.6 million in cash and investments and $2.0 billion in total debt.
Revenue (TTM)
$4.16B
-10.9% vs year-ago TTM
Net income (TTM)
$106.35M
-63.0% vs year-ago TTM
Operating cash flow (TTM)
$-160.73M
-358.1% vs year-ago TTM
Free cash flow (TTM)
$-184.52M
-559.5% vs year-ago TTM
EPS (TTM)
$0.95
-65.0% vs year-ago TTM
Dividend per share
None
Shares outstanding
—
Net cash
$-1.75B
as of Sep 30, 2026
Operating margin
—
Company profile
- Industry
- Operative Builders (SIC 1531)
- Listed as
- DFH (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- TX
- Headquarters
- Jacksonville, FL
- SEC filer status
- Accelerated filer
- SEC CIK
- 1825088
Other Operative Builders companies
- Horton D R Inc /DE/ DHI
- Pultegroup INC/MI/ PHM
- NVR Inc NVR
- Toll Brothers, Inc. TOL
- Everus Construction Group, Inc. ECG
- Meritage Homes CORP MTH
- M/I Homes, Inc. MHO
- KB Home KBH
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $4.3B | $4.4B | $3.7B | $3.3B | $1.9B |
| Net income | $217.2M | $335.3M | $295.9M | $262.3M | $121.1M |
| Diluted EPS | $2.14 | $3.34 | $2.79 | $2.45 | $1.27 |
| Operating cash flow | -$100.6M | -$256.6M | $374.2M | -$27.6M | $65.0M |
| Free cash flow | -$126.4M | -$282.0M | $369.5M | -$33.2M | $62.2M |
| Total assets | $3.7B | $3.3B | $2.6B | $2.4B | $1.9B |
| Total liabilities | $2.1B | $1.9B | $1.5B | $1.6B | $1.3B |
| Stockholders' equity | $1.4B | $1.2B | — | — | — |
| Cash and investments | $234.8M | $274.4M | $494.1M | $364.5M | $227.2M |
| Total debt | $1.6B | $18.1M | $21.1M | $24.7M | $20.0M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 3, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 29, 2026 | Oct 29, 2026 |
| 8-K |
Current report
Other events
|
Oct 22, 2026 | Oct 22, 2026 |
| 8-K |
Current report
Acquisition or sale of assets, Unregistered share sale, Regulation FD disclosure, Other events
|
Oct 20, 2026 | Oct 20, 2026 |
| 8-K |
Current report
New debt
|
Oct 13, 2026 | Oct 9, 2026 |
| 8-K |
Current report
Material agreement, Unregistered share sale, Change to shareholder rights, Bylaw or fiscal year change
|
Sep 15, 2026 | Sep 14, 2026 |
All 435 Dream Finders Homes, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.