DHI · 8-K · 20261029PR000119

Revenue Performance and Mix

HORTON D R INC /DE/ · 2026-10-29 · Importance 30 · Surprise 14 · No source text

Consolidated revenue for the fourth quarter ended September 30, 2026, declined 3% to $9.371 billion from $9.678 billion, a decrease of $306.5 million. Fiscal 2026 consolidated revenue declined 4% to $33.043 billion from $34.250 billion. Fourth-quarter homebuilding revenue declined 2% to $8.383 billion, while rental revenue declined 20% to $647.1 million from $805.4 million. Fiscal-year homebuilding revenue declined 3% to $30.661 billion, and rental revenue declined 25% to $1.235 billion from $1.640 billion.

Key facts

• D.R. Horton's homebuilding revenue decreased 2% to $8.4 billion in the fourth quarter of fiscal 2026, and homes closed decreased 2% to 22,915. source
• D.R. Horton's fiscal 2026 homebuilding revenue decreased 3% to $30.7 billion, and homes closed decreased 1% to 84,202. source
• Fiscal 2026 fourth-quarter consolidated revenues were $9.4 billion; home sales revenues were $8.4 billion on 22,915 homes closed. source
• Fiscal 2026 consolidated revenues were $33.0 billion; home sales revenues were $30.6 billion on 84,202 homes closed. source
• In fiscal 2026, D.R. Horton's rental operations sold 2,073 single-family rental homes for $560.0 million and 2,737 multi-family rental units for $666.5 million. source

Impact estimates