HORTON D R INC /DE/ is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: D.R. Horton (DHI) reported a challenging Q2 FY2026 with revenue declining 2.3% YoY to $7.56B and net income falling 20.1% YoY to $647.9M, reflecting margin compression as cost of revenue held nearly flat while sales softened.
Drawn from management commentary in the Q1 2026 10-Q:
DHI's Q2 FY2026 revenue fell 2.3% YoY to $7.56B from $7.73B, suggesting softer homebuying demand or pricing pressure in the current interest rate environment, even as the company remains the largest homebuilder in the U.S.
Cost of revenue increased 0.4% YoY to $5.85B despite lower revenues, implying gross margin deterioration. SG&A expenses also edged up 0.5% YoY to $903.3M, further squeezing operating profitability.
Net income dropped 20.1% YoY to $647.9M, with diluted EPS declining 13.2% to $2.24 from $2.58, reflecting the combined impact of lower revenues and higher relative costs.
Revenue
$7.56B
-2.27% YoY
EPS (Basic)
$2.25
-13.13% YoY
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