For the quarter ending 2026-03-31, DFH had $194,623K increase in cash & cash equivalents over the period. -$54,814K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 13,560 | 58,799 | 47,056 | 111,549 |
| Depreciation and amortization | 5,192 | 4,320 | 3,686 | 7,070 |
| Amortization of lease right-of-use assets | 3,130 | 3,401 | 2,835 | 7,847 |
| Stock-based compensation | 5,231 | 4,898 | 5,266 | 14,760 |
| Deferred income tax expense (benefit) | 480 | 19,630 | 8,994 | 6,871 |
| Contingent consideration revaluation | 0 | 0 | -1,786 | 11,606 |
| Payments of contingent consideration | - | 751 | 0 | 20,263 |
| Inventory and lot deposit impairment | 1,646 | 8,244 | - | - |
| Other, net | 1,198 | -71 | -750 | -851 |
| Accounts receivable | -6,297 | -13,929 | 9,190 | 5,663 |
| Inventories | 113,961 | -113,520 | 153,839 | 169,879 |
| Lot deposits | -10,246 | -6,056 | 20,116 | 66,427 |
| Other assets | 9,962 | -22,082 | 13,005 | 30,602 |
| Mortgage loans held for sale | -57,905 | 90,790 | -37,962 | -151,132 |
| Accounts payable and accrued liabilities | -44,644 | -844 | -46,895 | -67,408 |
| Customer deposits | 16,530 | -18,959 | 3,729 | -41,431 |
| Net cash used in operating activities | -49,548 | 143,606 | -130,981 | -113,199 |
| Purchase of property and equipment | 5,266 | 7,574 | 4,748 | 13,470 |
| Proceeds from disposals of property and equipment | 114 | -136 | 19 | 191 |
| Investments in unconsolidated entities | 1,146 | 15,000 | 0 | 1,937 |
| Return of investments from unconsolidated entities | 7,500 | -930 | 535 | 1,086 |
| Payments for acquisitions, net of cash acquired | 0 | 0 | 1,356 | 183,104 |
| Deposits on pending acquisitions | - | 0 | - | - |
| Purchase of investment securities | 32,172 | 6,444 | 3,473 | 2,022 |
| Proceeds from sales of investment securities | 20,002 | 6,158 | 4,359 | 2,001 |
| Net cash used in investing activities | -10,968 | -23,926 | -4,664 | -197,255 |
| Proceeds from senior unsecured notes | - | 0 | 300,000 | - |
| Proceeds from revolving credit facility and other borrowings | 391,312 | 351,000 | 422,526 | 791,141 |
| Repayments on revolving credit facility and other borrowings | 55,347 | 596,093 | 495,490 | 352,174 |
| Proceeds from mortgage warehouse facilities | 143,930 | 87,606 | -36,685 | 151,616 |
| Repayments on mortgage warehouse facilities | 197,736 | 2,991 | -620 | 296,946 |
| Payments of debt issuance costs | 24 | 404 | 10,204 | 720 |
| Proceeds from borrowings related to consolidated inventory not owned | - | 62,656 | - | - |
| Redemption of series b preferred units | - | 0 | - | - |
| Payments of preferred stock dividends | 3,375 | 3,375 | 3,375 | 6,750 |
| Payments for common stock withheld for taxes | 5,139 | -1 | 0 | 7,883 |
| Repurchases of common stock | 18,482 | 9,006 | 9,673 | 23,020 |
| Distributions to noncontrolling interests | 0 | -65 | 300 | 3,962 |
| Payments of contingent consideration | - | 14,926 | 0 | 22,270 |
| Net cash provided by financing activities | 255,139 | -125,467 | 167,419 | 229,032 |
| Net increase in cash, cash equivalents and restricted cash | 194,623 | -5,787 | 31,774 | -81,422 |
| Cash, cash equivalents and restricted cash at beginning of period | 284,390 | 290,177 | 339,825 | - |
| Cash, cash equivalents and restricted cash at end of period | 479,013 | 284,390 | 290,177 | - |
Dream Finders Homes, Inc. (DFH)
Dream Finders Homes, Inc. (DFH)