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What changed in D.R. Horton, Inc.'s latest annual report

In the year ended 30 Sep 2025, D.R. Horton, Inc.'s revenue fell 6.9% to USD 34.25bn, from USD 36.80bn; net income fell 24.6% to USD 3.59bn, from USD 4.76bn; cash and cash equivalents fell 33.9% to USD 2.99bn, from USD 4.52bn.

Year ended 30 Sep 2025. Source: 10-K filed 19 Nov 2025, read it on SEC EDGAR.

USD 36.80bn to USD 34.25bn

Revenue, down 6.9% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue36.80bn34.25bnDown 6.9%
Net income4.76bn3.59bnDown 24.6%
Total assets36.10bn35.47bnDown 1.8%
Total liabilities10.28bn10.73bnUp 4.4%
Cash and cash equivalents4.52bn2.99bnDown 33.9%
Shareholders' equity25.31bn24.19bnDown 4.4%

Questions people ask

Did D.R. Horton, Inc.'s revenue grow last year?

Revenue fell 6.9%, from USD 36.80bn to USD 34.25bn in the year ended 30 Sep 2025.

Is D.R. Horton, Inc. profitable?

Yes. Net income was USD 3.59bn in the year ended 30 Sep 2025. The year before: USD 4.76bn.

How much cash and debt does D.R. Horton, Inc. have?

At its latest year end (30 Sep 2025), D.R. Horton, Inc. reported cash and cash equivalents of USD 2.99bn.

Where do these numbers come from?

From D.R. Horton, Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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D.R. Horton, Inc. (DHI) 10-K: what changed year on year | LYNORIQ Insights