Filing Flows › Dream Finders Homes (DFH) › Q2 2026 › vs Q2 2025
Dream Finders Homes (DFH) Q2 2026 vs Q2 2025 (year over year)
Dream Finders Homes's revenue fell $87.1M (-8%) from $1.2B in Q2 2025 to $1.1B in Q2 2026. The biggest changes: Homebuilding −$92.4M (-8%); Financial services +$5.4M (+11%). Operating margin 3.5% against 6.4% (-3.0 pts).
Dream Finders Homes, Q2 2026: revenue $1.1B (-8% year over year), operating margin 3.5%, net earnings $27.8M, operating cash flow −$102M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 3.5% | 6.4% | -3.0 pts |
| Net margin | 2.6% | 4.9% | -2.3 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Homebuilding | $1.0B | $1.1B | −$92.4M | -8% |
| Financial services | $56.3M | $50.9M | $5.4M | +11% |
| Revenue | $1.1B | $1.2B | −$87.1M | -8% |
| Operating profit | $36.8M | $74.1M | −$37.2M | -50% |
| Costs & expenses | $1.0B | $1.1B | −$49.9M | -5% |
| Pre-tax earnings | $36.8M | $74.1M | −$37.2M | -50% |
| SG&A | $128M | $135M | −$6.3M | -5% |
| Other operating costs | $898M | $942M | −$43.6M | -5% |
| Net earnings | $27.8M | $56.5M | −$28.7M | -51% |
| Income tax | $9.0M | $17.5M | −$8.5M | -49% |
| Operating cash sources | $140M | $134M | $6.2M | +5% |
| Depreciation & amortization | $5.4M | $3.8M | $1.6M | +42% |
| Share-based compensation | $5.6M | $5.3M | $271K | +5% |
| Cash used in operations | $102M | $68.5M | $33.0M | +48% |
| Working capital & other | $140M | $134M | $6.2M | +5% |
Questions
How much did Dream Finders Homes's revenue grow year over year in Q2 2026?
Dream Finders Homes's revenue fell $87.1M (-8%) from $1.2B in Q2 2025 to $1.1B in Q2 2026.
What drove Dream Finders Homes's revenue change in Q2 2026?
Homebuilding −$92.4M (-8%); Financial services +$5.4M (+11%).