Dream Finders Homes, Inc.

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Revenues:
Cost of revenue $641.3m $962.9m $1.6b $2.7b $3.0b $3.6b $3.6b
Income from unconsolidated entities ($2.2m) ($8.0m) ($9.4m) ($16.1m) ($18.1m) ($10.6m) ($417k)
Contingent consideration revaluation ($3.9m) $1.4m $7.5m $11.1m $46.6m $13.9m ($9.8m)
Other income, net $1.7m ($1.7m) ($2.0m) ($5.0m) ($8.4m) ($4.3m)
Income before taxes $44.9m $84.5m $162.0m $356.2m $404.4m $437.9m $284.1m
Net income $44.9m $84.5m $134.6m $274.3m $307.9m $340.6m $217.4m
Net income attributable to Dream Finders Homes, Inc. $39.2m $79.1m $121.1m $262.3m $295.9m $335.3m $217.2m
Net income attributable to noncontrolling interests ($5.7m) ($5.4m) ($13.5m) ($12.0m) ($12.0m) ($5.2m) ($207k)
Basic (in dollars per share) $0.00 $0.00 $1.45 $2.96 $3.31 $3.64 $2.34
Diluted (in dollars per share) $0.00 $0.00 $1.41 $2.57 $2.90 $3.40 $2.15
Selling, general and administrative expense $63.6m $90.4m $154.4m $271.0m $308.8m $395.8m $485.2m
Income tax expense $0 $0 ($27.5m) ($81.9m) ($96.5m) ($97.3m) ($66.7m)

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.