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Form 8-K · Current Report · Filed 2026-04-21

D.R. Horton Announces Second Quarter 2026 Results and Declares Quarterly Dividend

D.R. Horton, Inc. reported its second-quarter fiscal 2026 results, showing a net income of $647.9 million or $2.24 per diluted share, down from $810.4 million or $2.58 per diluted share in the prior year. The company repurchased 6.0 million shares of common stock for $903.6 million during the quarter and paid cash dividends of $129.7 million. D.R. Horton also declared a quarterly cash dividend of $0.45 per share, payable on May 14, 2026, to stockholders of record on May 7, 2026. The company updated its fiscal 2026 guidance, expecting consolidated revenues in the range of $33.5 billion to $34.5 billion and homes closed by homebuilding operations of 86,000 homes to 87,500 homes.

Filer
D.R. Horton Inc. DHI · NYSE
Filed
Accession
0000882184-26-000062
CIK
0000882184
Signal
Medium impactConsumer Cyclical

Items reported

Item events

Reported Item

Dividend Announced General Statement Share Repurchase Program Announced

Market reaction

Close before filing

$153.34

Next session

+5.1%

Since filing

-6.7%

Latest close

$143.06

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from DHI reporting the same item, with the next session's move:

About D.R. Horton Inc.

D.R. Horton Inc. is a prominent name in the real estate and construction industry, specializing in the development and sale of residential homes. As the largest homebuilder in the United States by volume, its primary function is to serve the growing demand for residential housing across diverse markets. The company offers a variety of homes catering to a broad range of consumer segments, from entry-level to luxury options, ensuring widespread coverage in the market. Operating in multiple regions across the U.S., D.R. Horton has a notable impact on both local economies and the broader real estate sector, playing a significant role in shaping housing availability and community development. Known for its efficient construction processes and strategic market positioning, the company supports the housing sector by contributing to inventory levels in response to population growth and urban expansion. Since its founding in 1978, D.R. Horton has maintained a strong presence in the financial markets, providing investors with insights into housing trends and economic health. Its performance often serves as a barometer for industry conditions, given the cyclical nature of real estate and its closely tied relationship with economic indicators such as interest rates and consumer confidence.

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