Horton D R (DHI) Cost of Revenue (2009 - 2026)
Horton D R's (DHI) quarterly Cost of Revenue came in at $7.1 billion in Q2 2026, up 0.92% YoY from $7.0 billion in Q2 2025, and up 20.94% on a QoQ basis from $5.9 billion in Q1 2026.
Horton D R (DHI) Cost of Revenue (2009 - 2026) Analysis & Trends
Horton D R (DHI) has 18 years of Cost of Revenue data on file, last reported at $7.1 billion in Q2 2026.
- Quarterly Cost of Revenue rose 0.92% year-over-year to $7.1 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $25.8 billion (down 0.74% YoY) and the FY2025 annual result came in at $26.1 billion, down 4.15% from the prior year.
- Cost of Revenue climbed to $7.1 billion in Q2 2026, from $5.9 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $7.7 billion in Q3 2023 to a low of $5.3 billion in Q4 2022.
- A 5-year average of $6.4 billion and a median of $6.4 billion in 2022 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2023 — Cost of Revenue rose 21.47% — and 2025, when it declined 13.88%.
- Tracing DHI's Cost of Revenue over 5 years: 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 jumped by 33.8% to $7.1 billion in 2026.
- The last three Cost of Revenue figures came in at $7.1 billion (Q2 2026), $5.9 billion (Q1 2026), and $5.3 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.98 Bn | 39.85 Bn | 2.15 Bn | 7.08 Bn |
| 2 | Pultegroup | 24.45 Bn | 23.08 Bn | 1.06 Bn | 2.92 Bn |
| 3 | Lennar | 20.97 Bn | 18.79 Bn | 7.69 Bn | 252.35 Mn |
| 4 | Nvr | 17.21 Bn | 16.12 Bn | 485.14 Mn | 1.84 Bn |
| 5 | Toll Brothers | 14.01 Bn | 12.90 Bn | 604.89 Mn | 1.93 Bn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 1.10 Bn |
| 7 | Installed Building Products | 6.61 Bn | 6.21 Bn | 258.90 Mn | 518.90 Mn |
| 8 | Champion Homes | 5.07 Bn | 4.43 Bn | - | - |
| 9 | Meritage Homes | 4.73 Bn | 3.93 Bn | 254.14 Mn | 1.15 Bn |
| 10 | Cavco Industries | 4.55 Bn | 4.29 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.08 Bn |
| Jun 30, 2026 | 7.08 Bn |
| 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 |