Horton D R (DHI) Operating Expenses (2010 - 2026)
Horton D R (DHI) posted quarterly Operating Expenses of $991.2 million for Q2 2026, up 4.97% year-on-year from $944.3 million in Q2 2025, and up 9.73% on a QoQ basis from $903.3 million in Q1 2026.
Horton D R (DHI) Operating Expenses (2010 - 2026) Analysis & Trends
Horton D R (DHI) has reported Operating Expenses for 17 consecutive years, with $991.2 million the latest figure, recorded in Q2 2026.
- Quarterly Operating Expenses rose 4.97% year-over-year to $991.2 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $3.7 billion (up 1.33% YoY) and the FY2025 annual result came in at $3.7 billion, up 2.57% from the prior year.
- Operating Expenses improved to $991.2 million in Q2 2026 per DHI's latest filing, from $903.3 million in the prior quarter.
- Over the last five years, Operating Expenses for DHI reached as high as $991.2 million in Q2 2026 and fell as low as $695.1 million in Q1 2022.
- A 5-year average of $864.9 million and a median of $879.4 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses climbed 20.07% — and 2025, when it retreated 1.48%.
- Year by year, Operating Expenses stood at $737.0 million in 2022, then climbed by 13.3% to $835.0 million in 2023, then advanced by 5.16% to $878.1 million in 2024, then fell by 1.48% to $865.1 million in 2025, then gained by 14.58% to $991.2 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $991.2 million, $903.3 million, and $865.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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 | M | 4.43 Bn | 3.66 Bn | 202.59 Mn | 831.54 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 991.20 Mn |
| Mar 31, 2026 | 903.30 Mn |
| Dec 31, 2025 | 865.10 Mn |
| Sep 30, 2025 | 970.90 Mn |
| Jun 30, 2025 | 944.30 Mn |
| Mar 31, 2025 | 898.70 Mn |
| Dec 31, 2024 | 878.10 Mn |
| Sep 30, 2024 | 960.30 Mn |
| Jun 30, 2024 | 923.60 Mn |
| Mar 31, 2024 | 880.60 Mn |
| Dec 31, 2023 | 835.00 Mn |
| Sep 30, 2023 | 886.20 Mn |
| Jun 30, 2023 | 852.10 Mn |
| Mar 31, 2023 | 773.60 Mn |
| Dec 31, 2022 | 737.00 Mn |
| Sep 30, 2022 | 832.10 Mn |
| Jun 30, 2022 | 740.60 Mn |
| Mar 31, 2022 | 695.10 Mn |
| Dec 31, 2021 | 665.90 Mn |
| Sep 30, 2021 | 693.00 Mn |