Income Before Tax
Pre-Tax Income
D.R. Horton Pre-Tax Income increased by 8.7% to $867.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 18.7%, from $1.07B to $867.40M. Over 4 years (FY 2021 to FY 2025), Pre-Tax Income shows a downward trend with a -3.0% CAGR.
Analysis
StatementIncome Statement
SectionIncome Before Tax
First reportedQ1 2014
Last reportedQ2 2026Apr 23, 2026
Metric ID:
income_before_taxHistorical Data
20 periods
| Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.42B | $1.73B | $1.50B | $1.88B | $2.18B | $2.07B | $1.27B | $1.25B | $1.78B | $2.02B | $1.25B | $1.53B | $1.80B | $1.71B | $1.11B | $1.07B | $1.36B | $1.20B | $798.10M | $867.40M |
| QoQ Change | — | +22.0% | -13.3% | +25.8% | +15.9% | -5.4% | -38.7% | -1.7% | +43.3% | +13.1% | -38.2% | +22.5% | +17.7% | -5.0% | -35.1% | -3.9% | +27.3% | -11.3% | -33.8% | +8.7% |
| YoY Change | — | — | — | — | +54.2% | +19.7% | -15.4% | -33.9% | -18.3% | -2.3% | -1.6% | +22.7% | +0.8% | -15.3% | -11.0% | -30.2% | -24.5% | -29.5% | -28.1% | -18.7% |
Range$798.10M – $2.18B
CAGR-9.8%
Avg YoY Growth-8.2%
Median YoY Growth-15.3%
Business Segments
| Segment | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| HomeBuildingOps | $1.36B | $1.36B | — | — | — | — | $708.10M | $757.90M |
| Financial Services | $91.30M | $75.90M | $48.60M | $73.00M | $81.30M | $75.70M | $58.00M | $51.70M |
| Forestar Group | $51.60M | $108.50M | $21.90M | $40.70M | $43.60M | $113.10M | $20.80M | $43.90M |
| Eliminations and Other | $19.70M | — | — | — | — | -$65.30M | $11.00M | $1.60M |
| HomeBuildingMember | $1.57B | — | — | — | — | — | — | — |
| Total | $1.80B | $1.71B | $1.11B | $1.07B | $1.36B | $1.20B | $798.10M | $867.40M |
HomeBuildingMember was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Geographic Breakdown
| Segment | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| South Central | $368.70M | $344.50M | $221.30M | $208.40M | $290.20M | $244.70M | $173.40M | $166.30M |
| East | $314.90M | $285.60M | $194.40M | $171.80M | $230.40M | $237.40M | $123.50M | $134.80M |
| North | $153.90M | $143.70M | $129.80M | $126.50M | $172.00M | $155.30M | $119.90M | $122.60M |
| Southwest | $209.40M | $188.20M | $168.40M | $123.30M | $152.70M | $72.70M | $88.60M | $114.20M |
| Northwest | $121.20M | $120.80M | $76.20M | $93.70M | $116.40M | $109.40M | $59.30M | $54.60M |
| Total | $1.80B | $1.71B | $1.11B | $1.07B | $1.36B | $1.20B | $798.10M | $867.40M |
Pre-Tax Income at Other Companies
Frequently Asked Questions
- What is D.R. Horton's pre-tax income?
- D.R. Horton (DHI) reported pre-tax income of $867.40M in Q1 2026.
- How has D.R. Horton's pre-tax income changed year-over-year?
- D.R. Horton's pre-tax income decreased by 18.7% year-over-year, from $1.07B to $867.40M.
- What is the long-term trend for D.R. Horton's pre-tax income?
- Over 4 years (2021 to 2025), D.R. Horton's pre-tax income has grown at a -3.0% compound annual growth rate (CAGR), from $5.36B to $4.74B.