Dream Finders Homes (DFH) Cost of Revenue (2020 - 2025)

Dream Finders Homes' (DFH) quarterly Cost of Revenue came in at -$613.1 million in Q4 2025, down 3840.85% year-on-year from $16.4 million in Q4 2024, and down 1641.71% quarter-over-quarter from $39.8 million in Q2 2025.

Dream Finders Homes (DFH) Cost of Revenue (2020 - 2025) Analysis & Trends

Dream Finders Homes' Cost of Revenue history runs 6 years deep, the most recent figure standing at -$613.1 million for Q4 2025.

  • On a quarterly basis, Cost of Revenue fell 3840.85% year-over-year to -$613.1 million in Q4 2025; TTM through Mar 2026 was -$573.3 million, a 360.3% decrease from a year earlier, with the FY2024 full-year figure at $14.3 million, changed N/A from the prior year.
  • Cost of Revenue eased to -$613.1 million in Q4 2025 per DFH's latest filing, from $39.8 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $762.9 million in Q2 2023 and bottomed at -$1.8 billion in Q4 2022.
  • The 5-year median for Cost of Revenue is $303.6 million (2021), against an average of $237.7 million.
  • Across the five-year window, Cost of Revenue soared 110.44% in 2022 and plunged 3840.85% in 2025, its largest moves.
  • Year by year, Cost of Revenue stood at $712.3 million in 2021, then plunged by 354.49% to -$1.8 billion in 2022, then surged by 99.79% to -$3.9 million in 2023, then tumbled by 300.44% to -$15.6 million in 2024, then plunged by 3840.85% to -$613.1 million in 2025.
  • Per Business Quant, the three latest DFH Cost of Revenue figures stand at -$613.1 million (Q4 2025), $39.8 million (Q2 2025), and -$15.6 million (Q4 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Horton D R 41.66 Bn 39.52 Bn 2.15 Bn 7.08 Bn
2 Pultegroup 24.69 Bn 23.36 Bn 3.92 Bn 60.67 Mn
3 Lennar 20.49 Bn 20.35 Bn 7.69 Bn 252.35 Mn
4 Nvr 17.57 Bn 15.93 Bn 1.31 Bn 574.00 Mn
5 Toll Brothers 14.38 Bn 13.27 Bn 604.89 Mn 1.93 Bn
6 Taylor Morrison Home 6.96 Bn 6.31 Bn 290.64 Mn 1.10 Bn
7 Installed Building Products 6.13 Bn 5.65 Bn 212.30 Mn 34.00 Mn
8 Meritage Homes 4.94 Bn 4.17 Bn 68.61 Mn -
9 Champion Homes 4.59 Bn 3.93 Bn 172.19 Mn 484.42 Mn
10 Dream Finders Homes 1.45 Bn 1.01 Bn 887.84 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 -613.08 Mn
Dec 31, 2025 -613.08 Mn
Jun 30, 2025 39.77 Mn
Jun 30, 2025 39.77 Mn
Dec 31, 2024 -15.56 Mn
Dec 31, 2024 -15.56 Mn
Sep 30, 2024 235.81 Mn
Sep 30, 2024 235.81 Mn
Mar 31, 2024 678.64 Mn
Mar 31, 2024 678.64 Mn
Dec 31, 2023 -3.89 Mn
Dec 31, 2023 -3.89 Mn
Sep 30, 2023 709.29 Mn
Sep 30, 2023 709.29 Mn
Jun 30, 2023 762.86 Mn
Jun 30, 2023 762.86 Mn
Mar 31, 2023 637.34 Mn
Mar 31, 2023 637.34 Mn
Dec 31, 2022 -1.81 Bn
Dec 31, 2022 -1.81 Bn