Dream Finders Homes, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $4.3B | $4.4B | $3.7B | $3.3B | $1.9B |
| Cost of revenue | — | — | $3.0B | $2.7B | $1.6B |
| Selling, general & administrative | $485.2M | $395.1M | $302.8M | $266.1M | $154.4M |
| Interest expense | — | — | — | $32,000 | $672,000 |
| Pretax income | $284.1M | $437.9M | $404.4M | $356.2M | $162.0M |
| Income tax expense | $66.7M | $97.3M | $96.5M | $81.9M | $27.5M |
| Net income | $217.2M | $335.3M | $295.9M | $262.3M | $121.1M |
| Balance Sheet | |||||
| Cash and equivalents | $234.8M | $274.4M | $494.1M | $364.5M | $227.2M |
| Total assets | $3.7B | $3.3B | $2.6B | $2.4B | $1.9B |
| Total liabilities | $2.1B | $1.9B | $1.5B | $1.6B | $1.3B |
| Total debt | — | — | — | — | $3.3M |
| Stockholders' equity | $1.4B | $1.2B | $924.6M | $644.6M | $401.2M |
| Cash Flow Statement | |||||
| Cash from operations | -$100.6M | -$256.6M | $374.2M | -$27.6M | $65.0M |
| Depreciation and amortization | $11.8M | $6.4M | $4.8M | $11.3M | $6.1M |
| Stock-based compensation | $24.9M | $18.8M | $14.1M | $6.8M | $5.2M |
| Capital expenditure | $25.8M | $25.3M | $4.8M | $5.5M | $2.8M |
| Free cash flow | -$126.4M | -$282.0M | $369.5M | -$33.2M | $62.2M |
| Share repurchases | $41.7M | $7.8M | $0 | $0 | — |
| Impairments | $11.6M | $0 | $0 | $0 | $0 |
Shares outstanding 91.5M
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.