Form 8-K · Current report
D. R. Horton 8-K, filed Oct 29, 2026
- Filed
- CIK
- 0000882184
- Accession no.
- 0000882184-26-000119
Summary
D.R. Horton reported fourth-quarter fiscal 2026 net income of $741.8 million, or $2.67 per diluted share, down 18% from a year earlier, on consolidated revenues of $9.4 billion, with full-year net income down 19% to $2.9 billion. The builder raised its quarterly dividend 11% to $0.50 per share and guided fiscal 2027 revenues to $30.0–$32.0 billion, with Executive Chairman David Auld saying rising mortgage rates, affordability constraints and cautious consumer sentiment pressured new home demand and that incentives are expected to remain elevated.
Key points
- Fourth-quarter net income fell 18% to $741.8 million, or $2.67 per diluted share, on $9.4 billion of consolidated revenues; fiscal 2026 net income fell 19% to $2.9 billion, or $10.11 per diluted share.
- Fourth-quarter results included $91.4 million of inventory impairment charges to cost of sales in the rental segment, tied to nine multi-family rental projects.
- D.R. Horton declared a quarterly cash dividend of $0.50 per share, an 11% increase, payable November 19, 2026 to stockholders of record November 12, 2026, and repurchased 24.0 million shares for $3.6 billion in fiscal 2026.
- Initial fiscal 2027 guidance sets consolidated revenues of $30.0 billion to $32.0 billion and 79,000 to 84,000 home closings, with incentives expected to remain elevated.
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 October 29, 2026, D.R. Horton, Inc. issued a press release announcing its results and related information for its fourth quarter and fiscal year ended September 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…
An excerpt of the text as filed with the SEC, cut for length.
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