Filing Flows › Dream Finders Homes (DFH) › Q2 2026
Dream Finders Homes (DFH) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 30, 2026
Dream Finders Homes (DFH) reported revenue of $1.1B for the second quarter 2026 (Q2 2026), -8% from a year earlier and +20% from the quarter before. Operating margin was 3.5%, net earnings $27.8M (2.6% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | +20% | -8% |
| Operating profit | $36.8M | +96% | -50% |
| Net earnings | $27.8M | +105% | -51% |
| Operating cash flow | −$102M | — | — |
What changed
Revenue was $1.1B in Q2 2026, down 8% year over year and up 20% from the previous quarter. Homebuilding was the largest line at 95% of revenue. Homebuilding lost $0.09B year over year (down 8%), 106% of the total change.
Operating profit was $0.04B, a 3.5% margin (down 3.0 points year over year). Total costs fell 5% while revenue fell 8%. Net earnings were $0.03B, down 51% year over year. The effective tax rate was 24.4%.
Operating cash flow was −$0.10B. Non-cash charges added back $0.01B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.14B. Capital expenditures of $0.01B exceeded it, leaving free cash flow of −$0.11B.
Questions
What was Dream Finders Homes' revenue in the second quarter 2026?
Dream Finders Homes (DFH) reported revenue of $1.1B for the second quarter 2026 (Q2 2026), -8% from a year earlier and +20% from the quarter before.
Was Dream Finders Homes profitable in the second quarter 2026?
Operating profit was $36.8M (3.5% of revenue) and net earnings $27.8M.