Filing Flows › Horton D R (DHI) › Q4 FY26 › vs Q3 FY26
Horton D R (DHI) Q4 FY26 vs Q3 FY26 (quarter over quarter)
Horton D R's revenue rose $144M (+2%) from $9.2B in Q3 FY26 to $9.4B in Q4 FY26. Operating margin 10.8% against 13.3% (-2.5 pts).
Horton D R, Q4 FY26: revenue $9.4B (-3% year over year), operating margin 10.8%, net earnings $742M, operating cash flow $2.6B. The chart draws each line against Q3 FY26, the increases inside each band.
Margins
| Q4 FY26 | Q3 FY26 | Change | |
|---|---|---|---|
| Operating margin | 10.8% | 13.3% | -2.5 pts |
| Net margin | 7.9% | 9.8% | -1.9 pts |
| Free cash flow margin | 27.5% | 4.3% | +23.1 pts |
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $9.4B | $9.2B | $144M | +2% |
| Operating profit | $1.0B | $1.2B | −$212M | -17% |
| Costs & expenses | $8.4B | $8.0B | $356M | +4% |
| Pre-tax earnings | $1.0B | $1.2B | −$212M | -17% |
| Net earnings | $742M | $905M | −$163M | -18% |
| Minority interests | $17.5M | $13.8M | $3.7M | +27% |
| Income tax | $255M | $308M | −$52.2M | -17% |
| Depreciation & amortization | $31.7M | $29.0M | $2.7M | +9% |
| Share-based compensation | $26.5M | $31.5M | −$5.0M | -16% |
| Working capital & other | $1.8B | −$526M | $2.4B | — |
| Operating cash flow | $2.6B | $439M | $2.2B | +498% |
| Free cash flow (OCF − capex) | $2.6B | $397M | $2.2B | +548% |
| Capital expenditures | $53.8M | $42.0M | $11.8M | +28% |
Questions
How much did Horton D R's revenue grow quarter over quarter in Q4 FY26?
Horton D R's revenue rose $144M (+2%) from $9.2B in Q3 FY26 to $9.4B in Q4 FY26. Operating margin 10.8% against 13.3% (-2.5 pts).