v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Assets    
Cash and cash equivalents $ 245,645 $ 234,766
Restricted cash 48,357 49,624
Accounts receivable 28,643 39,120
Inventories 2,515,613 2,025,662
Lot deposits 490,166 545,253
Mortgage loans held for sale 169,614 205,089
Other assets 302,022 223,999
Investments in unconsolidated entities 23,009 26,610
Goodwill 377,361 377,361
Total assets 4,200,430 3,727,484
Liabilities    
Accounts payable 151,723 126,130
Accrued liabilities 292,700 321,457
Customer deposits 77,853 69,593
Revolving credit facility and other borrowings 1,237,706 822,296
Senior unsecured notes, net 592,984 591,060
Mortgage warehouse facilities 165,325 192,837
Total liabilities 2,518,291 2,123,373
Commitments and contingencies (Note 5)
Mezzanine Equity    
Redeemable preferred stock 218,875 148,500
Redeemable noncontrolling interests 29,539 29,539
Equity    
Accumulated other comprehensive income 1,904 613
Additional paid-in capital 310,090 298,594
Retained earnings 1,207,855 1,173,950
Treasury stock, at cost, 4,586,378 and 2,124,094 shares of Class A common stock as of September 30, 2026 and December 31, 2025, respectively (88,798) (49,526)
Total Dream Finders Homes, Inc. stockholders’ equity 1,432,002 1,424,575
Noncontrolling interests 1,723 1,497
Total equity 1,433,725 1,426,072
Total liabilities, mezzanine equity and equity 4,200,430 3,727,484
Class A Common Stock    
Equity    
Common stock, value 374 367
Class B Common Stock    
Equity    
Common stock, value $ 577 $ 577