Horton D R (DHI) Cost of Revenue (2009 - 2026)
Horton D R (DHI) reported Cost of Revenue of $5.9 billion for Q1 2026, little changed on a YoY basis from $5.8 billion in Q1 2025, and up 10.63% quarter-over-quarter from $5.3 billion in Q4 2025.
Horton D R (DHI) Cost of Revenue (2009 - 2026) Analysis & Trends
Horton D R has reported Cost of Revenue for 18 years, with the latest figure at $5.9 billion in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue changed 0.36% year-over-year to $5.9 billion; the trailing twelve-month figure through Mar 2026 stood at $25.7 billion (down 2.14% YoY), and the FY2025 full-year result was $26.1 billion, down 4.15% from the prior year.
- Cost of Revenue for Q1 2026 stood at $5.9 billion, up from $5.3 billion in the prior quarter.
- The five-year high for Cost of Revenue was $7.7 billion in Q3 2023, with the low at $5.3 billion in Q4 2022.
- Historically, Cost of Revenue has averaged $6.4 billion across 5 years, with a median of $6.0 billion in 2023.
- Annual changes were most pronounced in 2023 — Cost of Revenue rose 21.47% — and 2025, when it declined 13.88%.
- Horton D R's Cost of Revenue stood at $5.3 billion in 2022, then climbed by 8.1% to $5.7 billion in 2023, then slipped by 0.3% to $5.7 billion in 2024, then slipped by 7.2% to $5.3 billion in 2025, then increased by 10.63% to $5.9 billion in 2026.
- The last three Cost of Revenue figures came in at $5.9 billion (Q1 2026), $5.3 billion (Q4 2025), and $7.6 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 45.38 Bn | 44.04 Bn | 1.70 Bn | 5.85 Bn |
| 2 | Pultegroup | 24.44 Bn | 22.63 Bn | 881.27 Mn | 2.53 Bn |
| 3 | Lennar | 21.94 Bn | 19.74 Bn | 6.36 Bn | 258.35 Mn |
| 4 | Nvr | 18.01 Bn | 16.36 Bn | 1.31 Bn | 574.00 Mn |
| 5 | Toll Brothers | 14.79 Bn | 13.70 Bn | 604.89 Mn | 1.93 Bn |
| 6 | Taylor Morrison Home | 6.87 Bn | 6.87 Bn | 290.64 Mn | 89.88 Mn |
| 7 | Installed Building Products | 5.83 Bn | 5.36 Bn | 212.30 Mn | 34.00 Mn |
| 8 | Meritage Homes | 5.11 Bn | 4.34 Bn | -269,000.00 | 79.47 Mn |
| 9 | Cavco Industries | 4.75 Bn | 4.72 Bn | 135.92 Mn | 445.07 Mn |
| 10 | Champion Homes | 4.72 Bn | 4.06 Bn | 172.19 Mn | 484.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.85 Bn |
| Mar 31, 2026 | 5.85 Bn |
| Dec 31, 2025 | 5.29 Bn |
| Dec 31, 2025 | 5.29 Bn |
| Sep 30, 2025 | 7.58 Bn |
| Sep 30, 2025 | 7.58 Bn |
| Jun 30, 2025 | 7.02 Bn |
| Jun 30, 2025 | 7.02 Bn |
| Mar 31, 2025 | 5.83 Bn |
| Mar 31, 2025 | 5.83 Bn |
| Dec 31, 2024 | 5.70 Bn |
| Dec 31, 2024 | 5.70 Bn |
| Sep 30, 2024 | 7.45 Bn |
| Sep 30, 2024 | 7.45 Bn |
| Jun 30, 2024 | 7.32 Bn |
| Jun 30, 2024 | 7.32 Bn |
| Mar 31, 2024 | 6.77 Bn |
| Mar 31, 2024 | 6.77 Bn |
| Dec 31, 2023 | 5.72 Bn |
| Dec 31, 2023 | 5.72 Bn |