v3.25.2
Acquisitions (Tables)
6 Months Ended
Jun. 30, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Business Combination
The consideration for the total purchase price and related preliminary purchase price allocation as of June 30, 2025 was as follows (in thousands):
Cash consideration$112,720 
Fair value of the redeemable noncontrolling interest as of the acquisition date8,088 
Total consideration$120,808 
The consideration for the total purchase price and related final purchase price allocation as of February 1, 2025, inclusive of measurement period adjustments, was as follows (in thousands):
Cash consideration$210,449 
Fair value of the redeemable noncontrolling interest as of the acquisition date21,451 
Total consideration$231,900 
Schedule of Business Combination, Recognized Asset Acquired and Liability Assumed
Acquired
Value
Inventories$75,387 
Lot deposits
6,464 
Other assets2,572 
Accounts payable(7,018)
Accrued liabilities
(1,811)
Customer deposits(385)
Net assets acquired$75,209 
Goodwill45,599 
Total purchase price$120,808 
Acquired
Value
Inventories$122,053 
Other assets2,245 
Accounts payable(9,543)
Customer deposits(8,804)
Accrued liabilities(2,157)
Net assets acquired$103,794 
Goodwill128,106 
Total purchase price$231,900 
Schedule of Business Combination, Pro Forma Information
The following unaudited pro forma condensed consolidated results of operations are provided for illustrative purposes only and have been presented as if the three acquisitions discussed above had occurred on January 1, 2024 (in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
Unaudited Pro Forma(1)
2025202420252024
Total revenues$1,155,680 $1,131,811 $2,188,471 $2,023,387 
Net income attributable to Dream Finders Homes, Inc.
51,745 83,935 108,287 139,931 
(1)This unaudited pro forma information should not be relied upon as being indicative of the historical results that would have been obtained if the acquisitions had occurred on that date, nor of the results that may be obtained in the future.