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. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionIncome Before Tax
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2026
How to read this metric
Higher values indicate stronger overall profitability and operational efficiency before tax impacts.
Detailed definition
Measures the profitability of the company after all operating and non-operating expenses have been deducted, but before...
Peer comparison
A standard GAAP metric used universally to compare pre-tax performance across different industries.
Metric ID:
income_before_taxHistorical 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 | $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 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| HomeBuildingOps | — | $1.36B | — | — | — | — | $708.10M | $757.90M |
| Financial Services | $91.30M | $75.90M | $48.60M | $73.00M | $81.30M | $75.80M | $58.00M | $51.70M |
| Forestar Group | $51.60M | $108.40M | $21.90M | $40.70M | $43.60M | $113.10M | $20.80M | $43.90M |
| Eliminations and Other | — | — | — | — | — | -$65.30M | $11.00M | $1.60M |
| Total | $1.80B | $1.71B | $1.11B | $1.07B | $1.36B | $1.20B | $798.10M | $867.40M |
Geographic Breakdown
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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.
- What does pre-tax income mean?
- Total profit earned before accounting for income tax obligations.