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Forestar Group (FOR) Q4 FY26 earnings results (fourth quarter fiscal 2026)
8-K filed Oct 29, 2026
Forestar Group (FOR) reported revenue of $581M for the fourth quarter fiscal 2026 (Q4 FY26), -13% from a year earlier and +43% from the quarter before. Operating margin was 13.5%, net earnings $59.4M (10.2% of revenue).
Forestar Group, Q4 FY26: revenue $581M (-13% year over year), operating margin 13.5%, net earnings $59.4M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $581M | +43% | -13% |
| Operating profit | $78.6M | +61% | -31% |
| Net earnings | $59.4M | +65% | -32% |
What changed
Revenue was $580.8M in Q4 FY26, down 13% year over year and up 43% from the previous quarter. Development projects was the largest line at 93% of revenue. Tract sales and other lost $64.7M year over year (down 63%), 72% of the total change.
Operating profit was $78.6M, a 13.5% margin (down 3.3 points year over year). Total costs fell 10% while revenue fell 13%. Net earnings were $59.2M, down 32% year over year. The effective tax rate was 24.4%.
Questions
What was Forestar Group's revenue in the fourth quarter fiscal 2026?
Forestar Group (FOR) reported revenue of $581M for the fourth quarter fiscal 2026 (Q4 FY26), -13% from a year earlier and +43% from the quarter before.
Was Forestar Group profitable in the fourth quarter fiscal 2026?
Operating profit was $78.6M (13.5% of revenue) and net earnings $59.4M.
Source: Forestar Group 8-K on SEC EDGAR.