U.S. COMPANY FILING
HORTON D R INC /DE/ — Form 10-Q filed 2026-01-22
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D.R. Horton's fiscal Q1 2026 (ended Dec 31, 2025) revenue fell 10% YoY to $6.9B, net income $601.4M, diluted EPS $2.03, down from $2.61. Home sales gross margin declined to 20.4% due to increased incentives. Net sales orders rose 3% in units but flat in value. Acquired SK Builders for ~$80M, repurchased 4.4M shares. Strong balance sheet with $2.5B cash.
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