Filing Flows › Five Point Holdings, LLC (FPH) › Q1 2026
Five Point Holdings, LLC (FPH) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 24, 2026
Five Point Holdings, LLC (FPH) reported revenue of $13.6M for the first quarter 2026 (Q1 2026), +3% from a year earlier and -82% from the quarter before. Operating margin was -71.0%, net loss $5.0M (36.6% of revenue).
Five Point Holdings, LLC, Q1 2026: revenue $13.6M (+3% year over year), operating margin -71.0%, net loss $5.0M, operating cash flow −$44.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $13.6M | -82% | +3% |
| Operating profit | −$9.6M | -151% | — |
| Net earnings | −$5.0M | -121% | -108% |
| Operating cash flow | −$44.5M | -156% | -178% |
What changed
Revenue was $13.6M in Q1 2026, up 3% year over year and down 82% from the previous quarter. Great Park was the largest line at 50% of revenue. San Francisco added $3K year over year (up 2%), 1% of the total change. Great Park declined 45%.
Operating costs exceeded revenue by $9.6M, an operating margin of -71.0%. Total costs grew 20% against revenue growth of 3%. The fastest-growing cost line was Other operating costs (+86%). The quarter ended with a net loss of $5.0M, after a profit of $58.7M the previous quarter. Minority interests bore $2.7M of it: to shareholders the quarter was a loss of $2.2M. Non-operating items added $3.7M, -63% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$44.5M. Non-cash charges added back $1.7M of depreciation and amortization and $1.8M of share-based compensation. Working capital and other items used $43.1M.
Questions
What was Five Point Holdings, LLC's revenue in the first quarter 2026?
Five Point Holdings, LLC (FPH) reported revenue of $13.6M for the first quarter 2026 (Q1 2026), +3% from a year earlier and -82% from the quarter before.
Was Five Point Holdings, LLC profitable in the first quarter 2026?
Operating loss was $9.6M (-71.0% of revenue) and net loss $5.0M.