Horton D R (DHI) Operating Expenses (2010 - 2026)
Horton D R's (DHI) quarterly Operating Expenses came in at $991.2 million in Q2 2026, up 4.97% YoY 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 17 years of Operating Expenses data on file, last reported at $991.2 million 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 grew to $991.2 million in Q2 2026, from $903.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $991.2 million in Q2 2026 to a low of $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 advanced 20.07% — and 2025, when it fell 1.48%.
- Tracing DHI's Operating Expenses over 5 years: stood at $737.0 million in 2022, then rose by 13.3% to $835.0 million in 2023, then increased by 5.16% to $878.1 million in 2024, then slipped by 1.48% to $865.1 million in 2025, then grew by 14.58% to $991.2 million in 2026.
- The last three Operating Expenses figures came in at $991.2 million (Q2 2026), $903.3 million (Q1 2026), and $865.1 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.75 Bn | 39.61 Bn | 2.15 Bn | 991.20 Mn |
| 2 | Pultegroup | 24.22 Bn | 22.84 Bn | 1.06 Bn | 382.97 Mn |
| 3 | Lennar | 20.63 Bn | 18.45 Bn | 7.69 Bn | 7.54 Bn |
| 4 | Nvr | 17.05 Bn | 15.96 Bn | 485.14 Mn | 150.72 Mn |
| 5 | Toll Brothers | 13.82 Bn | 12.72 Bn | 604.89 Mn | 258.25 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 148.85 Mn |
| 7 | Installed Building Products | 6.51 Bn | 6.12 Bn | 258.90 Mn | 164.30 Mn |
| 8 | Champion Homes | 5.01 Bn | 4.37 Bn | - | - |
| 9 | Meritage Homes | 4.69 Bn | 3.88 Bn | 254.14 Mn | 144.19 Mn |
| 10 | Cavco Industries | 4.53 Bn | 4.28 Bn | - | - |
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 |