Filing Flows › Amrep (AXR) › Q4 FY26
Amrep (AXR) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Jul 24, 2026
Amrep (AXR) reported revenue of $11.0M for the fourth quarter fiscal 2026 (Q4 FY26), -1% from a year earlier and -24% from the quarter before. Operating margin was 19.2%, net earnings $1.2M (11.3% of revenue).
Amrep, Q4 FY26: revenue $11.0M (-1% year over year), operating margin 19.2%, net earnings $1.2M, operating cash flow $2.2M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $11.0M | -24% | -1% |
| Operating profit | $2.1M | -29% | -40% |
| Net earnings | $1.2M | -60% | -68% |
| Operating cash flow | $2.2M | -59% | -26% |
| Free cash flow | $2.2M | -59% | -13% |
What changed
Revenue was $11.0M in Q4 FY26, down 1% year over year and down 24% from the previous quarter. Home sale was the largest line at 54% of revenue.
Operating profit was $2.1M, a 19.2% margin (down 12.4 points year over year). Total costs grew 17% against a revenue fall of 1%. The fastest-growing cost line was General & admin (+18%). Net earnings were $1.2M, down 68% year over year. The effective tax rate was 50.9%.
Operating cash flow was $2.2M (down 26% year over year), 176% of net earnings. Non-cash charges added back $62K of depreciation and $92K of share-based compensation. Working capital and other items added $798K. Capital expenditures of $3K left free cash flow of $2.2M.
Questions
What was Amrep's revenue in the fourth quarter fiscal 2026?
Amrep (AXR) reported revenue of $11.0M for the fourth quarter fiscal 2026 (Q4 FY26), -1% from a year earlier and -24% from the quarter before.
Was Amrep profitable in the fourth quarter fiscal 2026?
Operating profit was $2.1M (19.2% of revenue) and net earnings $1.2M.
Source: Amrep 10-K on SEC EDGAR.