Dream Finders Homes, Inc.
For the period ended Sep 30, 2025. Filed Oct 30, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Oct 30, 2025
DFH$12.86+3.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited)
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands, except share and per share amounts)
| September 30, 2025 | December 31,2024 | |
|---|---|---|
| Assets | ||
| Cash and cash equivalents | $251,044 | $274,384 |
| Restricted cash | 39,133 | 65,441 |
| Accounts receivable | 53,049 | 34,126 |
| Inventories | 2,145,638 | 1,715,357 |
| Lot deposits | 551,309 | 458,303 |
| Mortgage loans held for sale | 114,299 | 303,393 |
| Other assets | 294,837 | 165,880 |
| Investments in unconsolidated entities | 10,785 | 11,454 |
| Goodwill | 375,145 | 300,313 |
| Total assets | $3,835,239 | $3,328,651 |
| Liabilities | ||
| Accounts payable | $165,329 | $147,143 |
| Accrued liabilities | 246,823 | 281,465 |
| Customer deposits | 88,553 | 125,601 |
| Revolving credit facility and other borrowings | 1,067,389 | 701,386 |
| Senior unsecured notes, net | 590,523 | 295,049 |
| Mortgage warehouse facilities | 108,222 | 289,617 |
| Contingent consideration | 15,677 | 68,030 |
| Total liabilities | 2,282,516 | 1,908,291 |
| Commitments and contingencies (Note 5) | ||
| Mezzanine Equity | ||
| Redeemable preferred stock | 148,500 | 148,500 |
| Redeemable noncontrolling interests | 29,539 | 21,451 |
| Equity | ||
| Class A common stock, $0.01 per share, 289,000,000 authorized, 36,667,477 and 36,002,077 issued as of September 30, 2025 and December 31, 2024, respectively | 367 | 360 |
| Class B common stock, $0.01 per share, 61,000,000 authorized, 57,726,153 issued as of September 30, 2025 and December 31, 2024 | 577 | 577 |
| Accumulated other comprehensive income | 607 | — |
| Additional paid-in capital | 293,695 | 281,559 |
| Retained earnings | 1,118,608 | 970,253 |
| Treasury stock, at cost, 1,638,912 and 291,229 shares of Class A common stock as of September 30, 2025 and December 31, 2024, respectively | (40,520) | (7,827) |
| Total Dream Finders Homes, Inc. stockholders’ equity | 1,373,334 | 1,244,922 |
| Noncontrolling interests | 1,350 | 5,487 |
| Total equity | 1,374,684 | 1,250,409 |
| Total liabilities, mezzanine equity and equity | $3,835,239 | $3,328,651 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.