Filing Flows › Forestar Group (FOR) › Q4 FY26 › vs Q4 FY25
Forestar Group (FOR) Q4 FY26 vs Q4 FY25 (year over year)
Forestar Group's revenue fell $89.7M (-13%) from $670M in Q4 FY25 to $581M in Q4 FY26. The biggest changes: Tract sales and other −$64.7M (-63%); Lot banking projects −$17.4M (-90%); Development projects −$6.2M (-1%). Operating margin 13.5% against 16.9% (-3.3 pts).
Forestar Group, Q4 FY26: revenue $581M (-13% year over year), operating margin 13.5%, net earnings $59.4M. The chart draws each line against Q4 FY25, the increases inside each band.
Margins
| Q4 FY26 | Q4 FY25 | Change | |
|---|---|---|---|
| Operating margin | 13.5% | 16.9% | -3.3 pts |
| Net margin | 10.2% | 13.0% | -2.7 pts |
Every line
| Line | Q4 FY26 | Q4 FY25 | Change | % |
|---|---|---|---|---|
| Development projects | $540M | $546M | −$6.2M | -1% |
| Tract sales and other | $38.7M | $103M | −$64.7M | -63% |
| Lot banking projects | $2.0M | $19.4M | −$17.4M | -90% |
| Revenue | $581M | $670M | −$89.7M | -13% |
| Operating profit | $78.6M | $113M | −$34.5M | -31% |
| Costs & expenses | $502M | $557M | −$55.2M | -10% |
| Pre-tax earnings | $78.6M | $113M | −$34.5M | -31% |
| Net earnings | $59.4M | $86.9M | −$27.5M | -32% |
| Income tax | $19.2M | $26.2M | −$7.0M | -27% |
Questions
How much did Forestar Group's revenue grow year over year in Q4 FY26?
Forestar Group's revenue fell $89.7M (-13%) from $670M in Q4 FY25 to $581M in Q4 FY26.
What drove Forestar Group's revenue change in Q4 FY26?
Tract sales and other −$64.7M (-63%); Lot banking projects −$17.4M (-90%); Development projects −$6.2M (-1%).