Forestar Group Inc.FOREarnings & Financial Report
Forestar Group Inc. is a residential lot development company based in Arlington, Texas. The company has operations in 51 markets in 21 states and delivered 11,518 residential lots during the twelve-month period ended December 31, 2020. The company is publicly traded on the New York Stock Exchange and in October 2017 became a majority-owned subsidiary of D.R. Horton, Inc., the largest homebuilder by volume in the United States since 2002. The company primarily acquires entitled real estate and...
FOR Q1 2026 Key Financial Metrics
Revenue
$273.0M
Gross Profit
$55.0M
Operating Profit
$20.8M
Net Profit
$15.4M
Gross Margin
20.1%
Operating Margin
7.6%
Net Margin
5.6%
YoY Growth
9.0%
EPS
$0.30
Financial Flow
Forestar Group Inc. Q1 2026 Financial Summary
Forestar Group Inc. reported revenue of $273.0M for Q1 2026, with a net profit of $15.4M (5.6% margin). Cost of goods sold was $218.0M, operating expenses totaled $34.2M.
Key Financial Metrics
| Total Revenue | $273.0M |
|---|---|
| Net Profit | $15.4M |
| Gross Margin | 20.1% |
| Operating Margin | 7.6% |
| Report Period | Q1 2026 |
Forestar Group Inc. Annual Revenue by Year
Forestar Group Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.7B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.7B |
| 2024 | $1.5B |
| 2023 | $1.4B |
| 2022 | $1.5B |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $333.8M | $318.4M | $551.3M | $250.4M | $351.0M | $390.5M | $670.5M | $273.0M |
| YoY Growth | 10.7% | -13.7% | 0.3% | -18.1% | 5.2% | 22.6% | 21.6% | 9.0% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.60B | $2.67B | $2.84B | $2.96B | $3.04B | $3.12B | $3.14B | $3.18B |
| Liabilities | $1.13B | $1.16B | $1.25B | $1.35B | $1.40B | $1.44B | $1.37B | $1.39B |
| Equity | $1.47B | $1.51B | $1.59B | $1.61B | $1.64B | $1.68B | $1.77B | $1.79B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-59.2M | $-61.7M | $119.2M | $-450.0M | $-19.8M | $15.8M | $256.3M | $-157.0M |