Dream Finders Homes, Inc. ( (DFH) ) has released its Q1 earnings. Here is a breakdown of the information Dream Finders Homes, Inc. presented to its investors.
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Dream Finders Homes, Inc. is a homebuilder based in Jacksonville, Florida, specializing in single-family homes across the Southeast, Mid-Atlantic, and Midwest regions, with a focus on an asset-light homebuilding model.
In the first quarter of 2025, Dream Finders Homes reported a notable 18% increase in homebuilding revenues, reaching $970 million, alongside a 16% rise in home closings. The company also achieved a gross margin improvement, reflecting its strategic growth and operational efficiency.
Key financial highlights include a significant increase in net new orders by 18% and a homebuilding gross margin rise to 19.2%. The company also expanded its market presence through strategic acquisitions, notably entering the Atlanta market with the acquisition of Liberty Communities and Green River Builders, which are expected to bolster growth in the Southeast segment.
Despite a challenging environment with mortgage rate pressures, Dream Finders Homes maintained stable net income and demonstrated strong liquidity with $677 million available. The company’s strategic acquisitions and increased lot pipeline position it well for future growth.
Looking ahead, Dream Finders Homes remains optimistic about its growth trajectory, maintaining its guidance for approximately 9,250 home closings for the full year 2025, supported by recent acquisitions and a robust backlog of orders.