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D.R. Horton DHI Q2 2025 earnings

Reported April 17, 2025 · Before market open

Revenue estimate$8.0B
EPS estimate$2.62

Next report

Jul 21, 2026 (In 1 week)
Revenue estimate$9.1B
EPS estimate$2.99

Financials

Q2 2025

Income statement

See full
Revenue$7.7B-15.1%
Gross profit$1.9B-18.5%
Net income$810.4M-30.9%
EPS (diluted)$2.58-26.7%

Balance sheet

See full
Cash & equivalents$2.5B-18.6%
Total debt$51.3M+8.7%
Total equity$24.3B+2.1%
Total assets$35.7B+3.8%

Cash flow

See full
CapEx$34.3M+44.7%

Valuation & ratios

Valuation

as of 03/31/25
See full
Market cap$40.06B-26.6%
Enterprise value$37.59B-27.1%
P/E9.3×-1.7×
P/S1.1×-0.3×

Profitability

See full
Gross margin25.5%-0.8pp
Net margin12.2%-1.2pp

Returns & leverage

See full
Return on equity17.8%-4.5pp
Debt / equity0.0×

Segments

By geography

See full
South Central$1.5B-21.9%
East$1.4B-5.7%
Southwest$1.1B-17.1%
North$974.3M+13.4%
Northwest$660.4M-11.0%

By segment

See full
Forestar Group$351.0M+5.2%
Financial Services$212.9M-5.6%

By product

See full
Financial Services$212.9M-5.6%
Land$103.6M+138%

Versus estimates

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Questions, answered.

When did D.R. Horton report Q2 2025 earnings?
D.R. Horton (DHI) reported Q2 2025 earnings on April 17, 2025 before market open.
What were D.R. Horton's Q2 2025 revenue and EPS?
D.R. Horton reported revenue of $7.7B and diluted EPS of $2.58 for Q2 2025.
Did D.R. Horton beat estimates in Q2 2025?
Revenue missed the consensus estimate of $8.0B by $298.1M. EPS missed the consensus estimate of $2.62 by $0.04.
Where can I find D.R. Horton's Q2 2025 SEC filings?
You can read the 10-Q periodic report (0000882184-25-000024) directly on SEC EDGAR. The filing index links above go to sec.gov.