Q3 FY2026 EarningsQ3 FY26 consolidated revenue was flat at $9.2B, as a 4% increase in home closings (23,983 units) was offset by a 2% decline in ASP to $362,000. Net income fell 12% YoY to $904.9M, with diluted EPS at $3.20 (-5% YoY) supported by aggressive share repurchases. Home sales gross margin contracted 110 bps to 20.7%, pressured by higher sales incentives and affordability constraints. Net sales orders remained stable YoY at $8.4B, while backlog value rose 16% to $6.2B.
Preview: D.R. Horton(DHI) predict that the Revenue is 9.227 B (+0.02%), Beat estimate;the EBIT is 1.057 B (-8.11%), Beat estimate;the EPS is 3.2 (-4.76%), Beat estimate.