D.R. Horton SG&A increased by 4.4% to $903.30M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.5%, from $898.70M to $903.30M. Over 4 years (FY 2021 to FY 2025), SG&A shows an upward trend with a 9.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
Increases may indicate aggressive marketing or expansion, while decreases often reflect cost-cutting measures or improved corporate efficiency.
Detailed definition
The sum of all direct and indirect selling expenses and all general and administrative expenses of a company. This inclu...
Peer comparison
Used to assess the 'leaness' of a company's corporate structure relative to its peers.
Metric ID:
selling_general_and_administrativeHistorical Data
20 periods
| Q2 '21 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $655.70M | $693.10M | $665.90M | $695.10M | $740.60M | $832.10M | $737.00M | $773.60M | $852.10M | $886.10M | $835.00M | $880.60M | $923.60M | $960.30M | $878.10M | $898.70M | $944.30M | $970.90M | $865.10M | $903.30M |
| QoQ Change | — | +5.7% | -3.9% | +4.4% | +6.5% | +12.4% | -11.4% | +5.0% | +10.1% | +4.0% | -5.8% | +5.5% | +4.9% | +4.0% | -8.6% | +2.3% | +5.1% | +2.8% | -10.9% | +4.4% |
| YoY Change | — | — | — | — | +12.9% | +20.1% | +10.7% | +11.3% | +15.1% | +6.5% | +13.3% | +13.8% | +8.4% | +8.4% | +5.2% | +2.1% | +2.2% | +1.1% | -1.5% | +0.5% |
Range$655.70M – $970.90M
CAGR+7.0%
Avg YoY Growth+8.1%
Median YoY Growth+8.4%
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| HomeBuildingOps | — | $638.33M | — | — | — | — | $632.50M | $648.90M |
| Financial Services | $178.00M | $171.70M | $154.20M | $160.30M | $171.00M | $165.90M | $145.00M | $159.80M |
| Forestar Group | $29.30M | $32.00M | $36.00M | $38.40M | $37.40M | $42.60M | $36.50M | $37.90M |
| Eliminations and Other | — | $4.90M | — | — | — | $4.30M | $4.20M | $4.70M |
| Total | $923.60M | $960.30M | $878.10M | $898.70M | $944.30M | $970.90M | $865.10M | $903.30M |
Geographic Breakdown
| Segment | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| South Central | $139.25M | $139.25M | $139.25M | $139.25M | $132.20M | $128.20M | $133.30M | $137.40M |
| East | $121.15M | $121.15M | $121.15M | $121.15M | $125.10M | $127.00M | $131.00M | $132.80M |
| North | $78.03M | $78.03M | $78.03M | $78.03M | $86.50M | $92.90M | $92.20M | $95.50M |
| Southwest | $88.53M | $88.53M | $88.53M | $88.53M | $91.00M | $92.10M | $83.70M | $88.10M |
| Northwest | $52.78M | $52.78M | $52.78M | $52.78M | $52.50M | $57.20M | $52.40M | $53.70M |
| Total | $835.00M | $880.60M | $923.60M | $960.30M | $878.10M | $898.70M | $865.10M | $903.30M |
SG&A at Other Companies
Frequently Asked Questions
- What is D.R. Horton's sg&a?
- D.R. Horton (DHI) reported sg&a of $903.30M in Q1 2026.
- How has D.R. Horton's sg&a changed year-over-year?
- D.R. Horton's sg&a increased by 0.5% year-over-year, from $898.70M to $903.30M.
- What is the long-term trend for D.R. Horton's sg&a?
- Over 4 years (2021 to 2025), D.R. Horton's sg&a has grown at a 9.6% compound annual growth rate (CAGR), from $2.56B to $3.69B.
- What does sg&a mean?
- The day-to-day costs of running the business and marketing its products.