Dream Finders Homes, Inc. (DFH)

Dream Finders Homes Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	4,521	4,398	3,739	3,335	1,917	1,128
Other Revenue	151.29	53.73	9.7	7.78	6.61	5.83
Revenue	4,672	4,452	3,749	3,342	1,924	1,134
Revenue Growth (YoY)	15.98%	18.75%	12.16%	73.73%	69.69%	52.33%
Cost of Revenue	3,724	3,591	3,013	2,715	1,600	962.93
Gross Profit	947.61	860.41	735.47	626.9	323.58	170.88
Selling, General & Admin	473.2	390.95	301.77	266.07	154.41	90.36
Other Operating Expenses	113.89	31.54	5.73	4.98	-	-
Operating Expenses	587.08	422.49	307.5	271.04	154.41	90.36
Operating Income	360.53	437.92	427.98	355.86	169.17	80.52
Interest Expense	-	-	-	-	-	-0.87
Interest & Investment Income	-	-	-	-	0.01	-
Earnings From Equity Investments	0.36	10.57	18.08	16.12	9.43	7.99
Other Non Operating Income (Expenses)	4.85	8.39	4.96	1.93	0.98	-1.75
EBT Excluding Unusual Items	365.74	456.88	451.02	373.91	179.58	85.89
Merger & Restructuring Charges	-0.83	-5.09	-	-6.7	-10	-
Other Unusual Items	9.67	-13.94	-46.59	-11.05	-7.53	-1.38
Pretax Income	374.58	437.85	404.43	356.16	162.05	84.51
Income Tax Expense	85.48	97.27	96.48	81.86	27.46	-
Earnings From Continuing Operations	289.1	340.58	307.94	274.3	134.59	84.51
Minority Interest in Earnings	-1.36	-5.24	-12.04	-11.98	-13.46	-5.42
Net Income	287.73	335.34	295.9	262.31	121.13	79.09
Preferred Dividends & Other Adjustments	13.5	13.5	13.48	14.51	3.6	-
Net Income to Common	274.23	321.84	282.42	247.8	117.53	79.09
Net Income Growth	-6.59%	13.33%	12.80%	116.55%	53.15%	101.81%
Shares Outstanding (Basic)	93	94	93	93	93	0
Shares Outstanding (Diluted)	101	100	106	107	95	0
Shares Change (YoY)	-0.59%	-5.41%	-0.62%	11.94%	95551.24%	1.86%
EPS (Basic)	2.94	3.44	3.03	2.67	1.27	798.39
EPS (Diluted)	2.84	3.34	2.79	2.45	1.27	793.73
EPS Growth	-6.02%	19.90%	13.77%	93.09%	-99.84%	98.13%
Free Cash Flow	40.16	-281.99	369.45	-33.17	62.2	93.99
Free Cash Flow Per Share	0.40	-2.81	3.48	-0.31	0.65	943.20
Gross Margin	20.28%	19.33%	19.62%	18.76%	16.82%	15.07%
Operating Margin	7.72%	9.84%	11.42%	10.65%	8.79%	7.10%
Profit Margin	5.87%	7.23%	7.53%	7.41%	6.11%	6.98%
Free Cash Flow Margin	0.86%	-6.33%	9.86%	-0.99%	3.23%	8.29%
EBITDA	374.56	448.15	438.63	367.11	175.24	84.53
EBITDA Margin	8.02%	10.07%	11.70%	10.98%	9.11%	7.46%
D&A For EBITDA	14.04	10.23	10.65	11.25	6.07	4.01
EBIT	360.53	437.92	427.98	355.86	169.17	80.52
EBIT Margin	7.72%	9.84%	11.42%	10.65%	8.79%	7.10%
Effective Tax Rate	22.82%	22.22%	23.86%	22.98%	16.94%	-
Revenue as Reported	4,672	4,452	3,749	3,342	1,924	1,134
Advertising Expenses	-	-	-	-	-	6.2

Updated Oct 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q