Horton D R (DHI) Operating Expenses (2010 - 2026)

Horton D R (DHI) reported Operating Expenses of $903.3 million for Q1 2026, up 0.51% on a YoY basis from $898.7 million in Q1 2025, and up 4.42% quarter-over-quarter from $865.1 million in Q4 2025.

Horton D R (DHI) Operating Expenses (2010 - 2026) Analysis & Trends

Horton D R has reported Operating Expenses for 17 years, with the latest figure at $903.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 0.51% year-over-year to $903.3 million; the trailing twelve-month figure through Mar 2026 stood at $3.7 billion (up 0.63% YoY), and the FY2025 full-year result was $3.7 billion, up 2.57% from the prior year.
  • Operating Expenses for Q1 2026 stood at $903.3 million, up from $865.1 million in the prior quarter.
  • The five-year high for Operating Expenses was $970.9 million in Q3 2025, with the low at $695.1 million in Q1 2022.
  • Historically, Operating Expenses has averaged $857.4 million across 5 years, with a median of $878.1 million in 2024.
  • Annual changes were most pronounced in 2022 — Operating Expenses advanced 20.07% — and 2025, when it fell 1.48%.
  • Horton D R's Operating Expenses 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 gained by 4.42% to $903.3 million in 2026.
  • The last three Operating Expenses figures came in at $903.3 million (Q1 2026), $865.1 million (Q4 2025), and $970.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Horton D R 43.54 Bn 42.20 Bn 1.70 Bn 903.30 Mn
2 Pultegroup 23.57 Bn 21.76 Bn 881.27 Mn 380.33 Mn
3 Lennar 22.65 Bn 20.45 Bn 6.36 Bn 6.40 Bn
4 Nvr 17.80 Bn 16.15 Bn 1.31 Bn 156.97 Mn
5 Toll Brothers 13.73 Bn 12.64 Bn 604.89 Mn 258.25 Mn
6 Taylor Morrison Home 6.88 Bn 6.88 Bn 290.64 Mn 58.97 Mn
7 Installed Building Products 5.53 Bn 5.05 Bn 212.30 Mn 154.70 Mn
8 Meritage Homes 4.85 Bn 4.09 Bn -269,000.00 51.40 Mn
9 Cavco Industries 4.56 Bn 4.52 Bn 135.92 Mn 81.36 Mn
10 Champion Homes 4.39 Bn 3.74 Bn 172.19 Mn 109.73 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 655.70 Mn