NYSE$DFH
Dream Finders Homes Inc · Q2 2025 earnings
Q2 2025 earnings · · Before market open · Investor relations
Briefing
Dream Finders Homes Inc reported its Q2 2025 results with total revenues of $1.15 billion and net income of $56.5 million.
Dream Finders Homes achieved 2,232 home closings in Q2 2025, generating $1.15 billion in total revenues, including $1.10 billion from homebuilding and $50.9 million from financial services. Net income attributable to the company was $56.6 million, or $0.57 per basic share. The company expanded through acquisitions and maintained 271 active communities amid a challenging affordability environment.
- Home closings increased 10% year-over-year to 2,232 homes with an average sales price of $481,027.
- Total revenues rose 9% to $1.15 billion, driven by higher closing volumes and contributions from recent acquisitions.
- Homebuilding gross margin was 16.5%, down from 19.0% in Q2 2024 due to higher land and financing costs.
- Net new orders grew 13% to 1,938 with a cancellation rate of 14.0%.
Headline financials
Revenue & EPS history
Dream Finders Homes · Revenue · Quarterly
$1.15B
Revenue by segment
Dream Finders Homes · $1.15B total across 2 segments · Q2 2025
- Homebuilding$1.1B—95.6%
- Financial Services$50.9M—4.4%
Forward guidance
Subdued market conditions are expected to persist through year-end due to affordability challenges and competition.
Headwinds
- Affordability constraints and high mortgage rates continue to impact demand.
- Geopolitical uncertainty and potential tariffs add pressure to operations.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports
+0.5%
Avg return
Earnings day
-0.8%
Avg return
5 days after
+0.2%
Avg return
30 days after
43%
9 / 21 earnings
Positive
+25.2%
Q2 2023
Best reaction
-12.4%
Q1 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2025 | — | — | — | |
| Q1 2026 | +3.2% | +0.4% | +9.2% | |
| Q4 2025 | -2.0% | -11.8% | -29.7% | |
| Q3 2025 | -8.5% | -11.8% | -8.5% | |
| Q1 2025 | -3.6% | +0.6% | -1.1% | |
| Q4 2024 | +17.9% | +13.9% | +12.7% | |
| Q3 2024 | -1.3% | +4.0% | +6.8% | |
| Q2 2024 | -10.5% | -13.2% | +6.0% | |
| Q1 2024 | -12.4% | -13.7% | -20.3% | |
| Q4 2023 | +11.6% | +9.3% | +26.6% | |
| Q3 2023 | +11.7% | +13.3% | +26.1% | |
| Q2 2023 | +25.2% | +25.6% | +23.2% | |
| Q1 2023 | +2.3% | +5.6% | +21.4% | |
| Q4 2022 | -0.3% | -0.8% | +6.1% | |
| Q3 2022 | +3.5% | -0.6% | -7.4% | |
| Q2 2022 | -2.5% | -3.5% | -5.4% | |
| Q1 2022 | -6.4% | +1.6% | -10.1% | |
| Q4 2021 | +5.1% | -6.3% | -21.3% | |
| Q3 2021 | +2.5% | +9.7% | +16.2% | |
| Q2 2021 | -8.7% | -13.8% | -16.6% | |
| Q1 2021 | -8.8% | -7.7% | -15.7% | |
| Q4 2020 | -7.2% | -17.7% | -14.1% | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — | |
| Q4 2019 | — | — | — |
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