Quarter ended March 31, 2026.
| Closings | 1,870 (↓3%) |
| Revenue | $887.8M (↓10%) |
| Gross margin | 14.5% |
| Net sales | 2,408 (↑19%, record) |
Commentary
Record sales came with a 74% drop in pre-tax income, which shows the cost of buying volume with incentives. Dream Finders’ mortgage and title businesses softened the hit.
Source: Dream Finders Homes 8-K.
