Dream Finders Homes (DFH) Operating Expenses (2020 - 2026)

Dream Finders Homes' (DFH) quarterly Operating Expenses came in at $110.9 million in Q1 2026, down 4.96% year-on-year from $116.7 million in Q1 2025, and down 10.79% quarter-over-quarter from $124.3 million in Q4 2025.

Dream Finders Homes (DFH) Operating Expenses (2020 - 2026) Analysis & Trends

Dream Finders Homes' Operating Expenses history runs 7 years deep, the most recent figure standing at $110.9 million for Q1 2026.

  • On a quarterly basis, Operating Expenses fell 4.96% year-over-year to $110.9 million in Q1 2026; TTM through Mar 2026 was $479.4 million, a 11.06% increase from a year earlier, with the FY2025 full-year figure at $485.2 million, up 22.81% from the prior year.
  • Operating Expenses eased to $110.9 million in Q1 2026 per DFH's latest filing, from $124.3 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $134.7 million in Q2 2025 and bottomed at $60.8 million in Q1 2023.
  • The 5-year median for Operating Expenses is $92.2 million (2023), against an average of $91.9 million.
  • Across the five-year window, Operating Expenses jumped 119.05% in 2022 and slipped 4.96% in 2026, its largest moves.
  • Year by year, Operating Expenses stood at $69.5 million in 2022, then jumped by 32.72% to $92.2 million in 2023, then increased by 26.24% to $116.4 million in 2024, then advanced by 6.76% to $124.3 million in 2025, then declined by 10.79% to $110.9 million in 2026.
  • Per Business Quant, the three latest DFH Operating Expenses figures stand at $110.9 million (Q1 2026), $124.3 million (Q4 2025), and $109.5 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Horton D R 40.90 Bn 39.56 Bn 2.15 Bn 991.20 Mn
2 Pultegroup 23.36 Bn 22.03 Bn 3.92 Bn 382.97 Mn
3 Lennar 19.77 Bn 19.63 Bn 7.69 Bn 7.54 Bn
4 Nvr 17.18 Bn 15.54 Bn 1.31 Bn 156.97 Mn
5 Toll Brothers 15.08 Bn 13.99 Bn 604.89 Mn 258.25 Mn
6 Taylor Morrison Home 6.96 Bn 6.31 Bn 290.64 Mn 148.85 Mn
7 Installed Building Products 5.97 Bn 5.50 Bn 212.30 Mn 154.70 Mn
8 Meritage Homes 4.78 Bn 4.01 Bn 68.61 Mn 130.87 Mn
9 Champion Homes 4.47 Bn 3.81 Bn 172.19 Mn 109.73 Mn
10 Dream Finders Homes 1.35 Bn 943.18 Mn 887.84 Mn 110.90 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 110.90 Mn
Dec 31, 2025 124.31 Mn
Sep 30, 2025 109.51 Mn
Jun 30, 2025 134.70 Mn
Mar 31, 2025 116.69 Mn
Dec 31, 2024 116.44 Mn
Sep 30, 2024 101.70 Mn
Jun 30, 2024 96.85 Mn
Mar 31, 2024 80.11 Mn
Dec 31, 2023 92.24 Mn
Sep 30, 2023 78.51 Mn
Jun 30, 2023 73.71 Mn
Mar 31, 2023 60.76 Mn
Dec 31, 2022 69.50 Mn
Sep 30, 2022 68.84 Mn
Jun 30, 2022 66.02 Mn
Mar 31, 2022 61.71 Mn
Dec 31, 2021 61.05 Mn
Sep 30, 2021 33.91 Mn
Jun 30, 2021 30.14 Mn