D.R. Horton, Inc. (DHI) Q2 2026 Earnings Call Transcript
Filing date: April 21, 2026. See the full details in D.R. Horton Inc (DHI)'s 8-K filing.Diluted EPS was $2.24. The estimated EPS was $2.17.Revenue was $7,558.1
DHI beats Q2 EPS estimates as net sales orders jumped 11%, tightening finished inventory despite elevated incentives. The stock gains 2.4%.
DR Horton Inc (NYSE:DHI) reported quarterly earnings that beat Wall Street expectations on both revenue and profit on Tuesday, even as net income declined year over year and homebuilding revenue softened. The US homebuilder posted revenue of $7.56 billion for its fiscal second quarter ended March 31, compared with analyst expectations of $7.55 billion.
While the top- and bottom-line numbers for D.R. Horton (DHI) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
DHI heads into Q2 with steadier traffic and higher closings, yet elevated mortgage rates and ownership costs still curb demand.
One problem with lowering the cost of capital is when you have to raise it. That's the overly simplistic issue pitting prospective homebuyers against a market with a chronic lack of supply.
Besides Wall Street's top-and-bottom-line estimates for D.R. Horton (DHI), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2026.
In the latest trading session, D.R. Horton (DHI) closed at $144.33, marking a +1.18% move from the previous day.
In the most recent trading session, D.R. Horton (DHI) closed at $139.69, indicating a +1.04% shift from the previous trading day.
DHI gains on strong execution, rising orders and liquidity, but higher mortgage rates and heavier incentives pressure margins and cloud the 2026 outlook.
The housing market is likely to see higher demand over time, one analyst notes.