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FG Communities Holdings (FGC) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 27, 2026

FG Communities Holdings (FGC) reported revenue of $1.1M for the fourth quarter 2025 (Q4 2025), -85% from a year earlier and +21% from the quarter before.

Revenue$1.1M
Year over year-85%
Quarter over quarter+21%
Operating margin—
Net earnings−$59.1M

FG Communities Holdings, Q4 2025: revenue $1.1M (-85% year over year), net loss $59.1M, operating cash flow −$1.5M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$1.1M+21%-85%
Operating profit−$64.4M-1318%—
Net earnings−$59.1M-1275%—
Operating cash flow−$1.5M——

What changed

Revenue was $1.1M in Q4 2025, down 85% year over year and up 21% from the previous quarter.

Operating costs exceeded revenue by $64.4M, an operating margin of -5982.6%. Total costs grew 604% against a revenue fall of 85%. The fastest-growing cost line was Other operating costs (+717%). The quarter ended with a net loss of $59.1M, wider than the previous quarter's $3.4M loss.

Operating cash flow was −$1.5M. Non-cash charges added back $73K of depreciation and amortization. Working capital and other items added $57.5M.

Questions

What was FG Communities Holdings' revenue in the fourth quarter 2025?

FG Communities Holdings (FGC) reported revenue of $1.1M for the fourth quarter 2025 (Q4 2025), -85% from a year earlier and +21% from the quarter before.

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Source: FG Communities Holdings 10-K on SEC EDGAR.