Q3 FY2026 EarningsFY26 Q3 results were mixed relative to consensus: revenue of $9.23B beat the $9.17B estimate, but gross margin of 20.7% slightly missed the 23.3% implied by consensus. Diluted EPS of $3.20 beat the $2.99 consensus by 7.02%, driven largely by aggressive share repurchases and lower-than-expected tax rates. While home closings rose 4% YoY, affordability constraints forced elevated sales incentives, including mortgage rate buydowns, which compressed margins more than analysts anticipated.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: D.R. Horton(DHI) 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.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
9.23B0.02%
9.17B0.60%
+0.06B0.62%
EBITExceed expectations
1.06B8.11%
1.03B10.51%
+0.03B2.40%
EPSExceed expectations
3.24.76%
2.988211.07%
+0.21186.31%
Upcoming earnings report - Q4 FY2026
Available dateOct 29, 2026
Estimate Revenue$9.125 B
Estimate EBIT$1.012 B
Estimate EPS$3.0313
Revenue
ActualEstimateUnit: USD
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EBIT
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EPS
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