On July 30, 2026, Dream Finders Homes (DFH) announced its Q2 2026 results: sales are up, but margins are down. According to the release from DFH, net sales increased 15% to 2,232 from 1,938 and home closings increased 3% to 2,290 from 2,232 year-over-year.
Despite these seemingly positive figures, the company reported its homebuilding gross margin fell from 16.5% to 14.2%. DFH noted that there were higher land and financing costs. Another factor could be the high regulatory costs for finished lots and overall economic headwinds.
Homebuilding revenues also decreased 8% in Q2 2026 compared to Q2 2025, largely attributed to a lower average selling price in product mix and geographic locations.
“The home building market continues to be challenging, but our teams have worked hard to identify opportunities to improve our cost structure with the goal of delivering more affordable homes to our customers,” said Patrick Zalupski, Dream Finders Homes Founder, Co-Chairman and CEO. “We believe costs will need to continue to trend down, perhaps significantly, to have a meaningful impact on market-wide housing results.”
