Horton D R (DHI) Cost of Revenue (2010 - 2026)
Horton D R (DHI) reported Cost of Revenue of $7.08 billion for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 0.9% from $7.02 billion a year earlier and up 20.9% from the prior quarter.
Powered by 
Analysis
Horton D R (DHI) Cost of Revenue (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Horton D R's Cost of Revenue came in at $25.81 billion, down 0.7% year-over-year; for FY2025 (ended Sep 30, 2025), it was $26.13 billion, down 4.2% from FY2024.
- Cost of Revenue has a five-year compound annual growth rate of 11.2% (FY2020 to FY2025).
- By fiscal year, Cost of Revenue came in at $27.27 billion in FY2024 (+4.4%), $26.11 billion in FY2023 (+13.6%), $22.98 billion in FY2022 (+15.5%) and $19.9 billion in FY2021 (+29.4%).
- Five-year quarterly Cost of Revenue spans a low of $4.91 billion in fiscal Q1 2022 and a high of $7.68 billion in fiscal Q4 2023.
- Year over year, Cost of Revenue gained in three of the last eight quarters, with an average decline of 3.2%.
- The high point for year-over-year Cost of Revenue in five years was fiscal Q3 2023 (growth of 21.5%); the low point was fiscal Q2 2025 (a decline of 13.9%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $5.85 billion (Q2 2026), $5.29 billion (Q1 2026) and $7.58 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.40 Bn | 32.29 Bn | 2.15 Bn | 7.08 Bn |
| 2 | Pultegroup | 22.30 Bn | 15.67 Bn | 1.07 Bn | 2.91 Bn |
| 3 | Lennar | 17.65 Bn | 8.17 Bn | 618.54 Mn | 7.43 Bn |
| 4 | Nvr | 15.93 Bn | 9.22 Bn | 485.14 Mn | 1.84 Bn |
| 5 | Toll Brothers | 12.89 Bn | 8.28 Bn | 625.22 Mn | 2.03 Bn |
| 6 | Champion Homes | 4.36 Bn | 1.84 Bn | - | - |
| 7 | Meritage Homes | 4.18 Bn | 1.10 Bn | 513.60 Mn | 2.29 Bn |
| 8 | Cavco Industries | 4.13 Bn | 2.89 Bn | - | - |
| 9 | M | 3.10 Bn | 290.98 Mn | - | - |
| 10 | Kb Home | 2.86 Bn | 2.07 Bn | -857.09 Mn | 2.15 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.08 Bn |
| Mar 31, 2026 | 5.85 Bn |
| Dec 31, 2025 | 5.29 Bn |
| Sep 30, 2025 | 7.58 Bn |
| Jun 30, 2025 | 7.02 Bn |
| Mar 31, 2025 | 5.83 Bn |
| Dec 31, 2024 | 5.70 Bn |
| Sep 30, 2024 | 7.45 Bn |
| Jun 30, 2024 | 7.32 Bn |
| Mar 31, 2024 | 6.77 Bn |
| Dec 31, 2023 | 5.72 Bn |
| Sep 30, 2023 | 7.68 Bn |
| Jun 30, 2023 | 7.14 Bn |
| Mar 31, 2023 | 6.00 Bn |
| Dec 31, 2022 | 5.29 Bn |
| Sep 30, 2022 | 6.76 Bn |
| Jun 30, 2022 | 5.88 Bn |
| Mar 31, 2022 | 5.43 Bn |
| Dec 31, 2021 | 4.91 Bn |
| Sep 30, 2021 | 5.70 Bn |
API Access
Horton D R Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=DHI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "DHI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=DHI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();