Financials in USD. Standardized financial statements.
A compact view of how Dream Finders Homes, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue? | $4.32B | $4.45B | $3.75B | $3.34B | $1.92B | $1.13B | $976.56M | $522.26M |
| Revenue Growth? | -2.9% | +18.8% | +12.2% | +73.7% | +69.7% | +16.1% | +87.0% | 0.0% |
| Cost of Revenue? | $3.57B | $3.62B | $3.01B | $2.72B | $1.61B | $962.93M | $844.38M | $454.40M |
| Gross Profit? | $754.77M | $828.58M | $736.77M | $620.20M | $313.58M | $170.88M | $132.18M | $67.86M |
| Gross Margin? | +17.5% | +18.6% | +19.7% | +18.6% | +16.3% | +15.1% | +13.5% | +13.0% |
| Operating Expenses? | $485.21M | $395.75M | $308.80M | $271.04M | $154.41M | $90.79M | $83.00M | $43.55M |
| Operating Income? | $269.55M | $432.83M | $427.98M | $349.16M | $159.17M | $80.09M | $49.18M | $24.31M |
| EBITDA? | $313.26M | $450.05M | $422.32M | $373.28M | $172.57M | $98.15M | $61.68M | $28.05M |
| Income Before Tax | $284.10M | $437.85M | $404.43M | $356.16M | $162.05M | $84.51M | $47.07M | $23.26M |
| Income Tax Expense | $66.70M | $97.27M | $96.48M | $81.86M | $27.45M | $0 | $10.34M | $0 |
| Net Income? | $217.20M | $335.34M | $295.90M | $262.31M | $122.38M | $79.09M | $31.02M | $17.32M |
| EPS? | $2.33 | $3.44 | $3.03 | $2.67 | $1.27 | $0.85 | $0.34 | $0.19 |
| Diluted EPS? | $2.14 | $3.21 | $2.66 | $2.32 | $1.27 | $0.85 | $0.34 | $0.19 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality