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.
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.