Form 8-K · Current report
D. R. Horton 8-K, filed Jul 21, 2026
- Filed
- CIK
- 0000882184
- Accession no.
- 0000882184-26-000092
Summary
D.R. Horton reported fiscal 2026 third-quarter net income of $904.9 million, or $3.20 per diluted share, on $9.2 billion in consolidated revenues, a 12% decline in net income from the prior-year quarter, and declared a quarterly cash dividend of $0.45 per share. Executive Chairman David Auld said affordability constraints and cautious consumer sentiment continue to weigh on new-home demand, and the company expects sales incentives to remain elevated in the fourth quarter.
Key points
- Homes closed rose 4% to 23,983 and home sales revenue rose 1% to $8.7 billion, while net sales orders were flat at 23,084 homes worth $8.4 billion.
- The cancellation rate was 20% versus 17% in the prior-year quarter.
- D.R. Horton updated fiscal 2026 guidance to consolidated revenues of $32.5 billion to $33.0 billion and 83,800 to 84,300 home closings, and reiterated guidance of at least $3.0 billion in operating cash flow, about $2.5 billion in share repurchases, and about $500 million in dividend payments.
- The company repurchased 4.2 million shares for $615.7 million and paid $127.1 million in dividends during the quarter.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02. Results of Operations and Financial Condition. On July 21, 2026, D.R. Horton, Inc. issued a press release announcing its results and related information for its third quarter ended June 30, 2026 and declaring its quarterly dividend. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference in its entirety into this Item 2.02. The information furnished in this Item 2.02 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as…
An excerpt of the text as filed with the SEC, cut for length.
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