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Dream Finders Homes DFH Southeast — Income (loss) before taxes

Other segment segments

Financial Services
$9.07M+32.9%
Corporate
-$5.55M-439%
Mid-Atlantic
$5.22M-63.8%
Midwest
$339K-98.5%

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LADRLoans — Income (loss) before taxes
$50.48M+32.1%
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OLNEpoxy — Income (loss) before taxes
-$2.9M+89.8%
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OLNWinchester — Income (loss) before taxes
$15.2M-33.3%
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LADRReal Estate — Income (loss) before taxes
$3.32M+322%
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OLNCorporate/ other — Income (loss) before taxes
-$86.1M-22.0%

Other financials

Income statement

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Revenue$887.8M-10.3%
Gross profit$202.9M+11.2%
Net income$13.3M-75.9%
EPS (diluted)$0.11-79.6%

Balance sheet

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Cash & equivalents$479.0M+37.6%
Total debt$1.9B+8,458%
Total equity$1.4B+9.5%
Total assets$4.0B+13.9%

Cash flow

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Operating cash flow-$49.5M-10.8%
CapEx$5.3M+66.4%
Free cash flow-$54.8M-14.5%

Valuation

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Market cap$1.36B-41.5%
Enterprise value$2.77B+50.8%
P/E7.8×+0.3×
P/S0.3×-0.2×

Profitability

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Gross margin19.8%+1.7pp
Net margin4.2%-3.1pp
FCF margin-9.1%

Returns & leverage

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Return on equity13%-16.7pp
Debt / equity1.3×+1.3×

Where this comes from

Reported directly by Dream Finders Homes in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

The source filing: Dream Finders Homes’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 7:20 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-029073
Line itemSoutheast(1)Mid-AtlanticMidwestFinancial ServicesCorporate(2)Consolidated
Financial services expense(3)42,71142,711
Selling, general and administrative expense33,33930,11841,4745,972110,903
Other segment expense (income), net⁽⁴⁾204711(118)(600)(421)(224)
Income (loss) before taxes$9,732$5,217$339$9,069$(5,551)$18,806
2025
Total revenues$307,633$238,075$424,400$19,763$989,871
Homebuilding cost of sales247,602186,734349,200783,536
Financial services expense(3)12,86612,866

Item 1. DREAM FINDERS HOMES CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is Dream Finders Homes's southeast — income (loss) before taxes?
Dream Finders Homes (DFH) reported southeast — income (loss) before taxes of $9.73M in Q1 2026.
How has Dream Finders Homes's southeast — income (loss) before taxes changed year-over-year?
Dream Finders Homes's southeast — income (loss) before taxes decreased by 62.2% year-over-year, from $25.77M to $9.73M.
What is the long-term trend for Dream Finders Homes's southeast — income (loss) before taxes?
Over 4 years (2021 to 2025), Dream Finders Homes's southeast — income (loss) before taxes has grown at a -2.5% compound annual growth rate (CAGR), from $103.14M to $93.18M.
What does southeast — income (loss) before taxes mean?
Measures the profitability of the Southeast segment after accounting for all operating and non-operating expenses, but before the deduction of income taxes. This is a key metric for evaluating the regional segment's contribution to the company's overall pre-tax earnings. It highlights the underlying economic viability of the regional homebuilding operations.

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