Filing Flows › ST JOE (JOE) › Q2 2026 › vs Q2 2025
ST JOE (JOE) Q2 2026 vs Q2 2025 (year over year)
ST JOE's revenue rose $29.7M (+23%) from $129M in Q2 2025 to $159M in Q2 2026. Gross margin 46.2% against 42.9% (+3.3 pts).
ST JOE, Q2 2026: revenue $159M (+23% year over year), operating margin 34.5%, net earnings $40.5M, operating cash flow $43.9M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 46.2% | 42.9% | +3.3 pts |
| Operating margin | 34.5% | 28.6% | +5.9 pts |
| Net margin | 25.5% | 22.9% | +2.6 pts |
| Free cash flow margin | 27.0% | 23.0% | +4.0 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $159M | $129M | $29.7M | +23% |
| Gross profit | $73.4M | $55.4M | $18.0M | +33% |
| Cost of revenue | $85.4M | $73.7M | $11.7M | +16% |
| Operating profit | $54.8M | $37.0M | $17.8M | +48% |
| Operating expenses | $18.6M | $18.4M | $220K | +1% |
| Pre-tax earnings | $55.1M | $39.7M | $15.4M | +39% |
| Net earnings | $40.5M | $29.5M | $10.9M | +37% |
| Minority interests | $508K | $250K | $258K | +103% |
| Income tax | $14.1M | $9.9M | $4.2M | +42% |
| Depreciation & amortization | $11.4M | $12.0M | −$599K | -5% |
| Share-based compensation | $343K | $305K | $38K | +12% |
| Working capital & other | $8.3M | $10.8M | −$2.5M | -23% |
| Operating cash flow | $43.9M | $31.1M | $12.9M | +41% |
| Free cash flow (OCF − capex) | $43.0M | $29.7M | $13.3M | +45% |
| Capital expenditures | $977K | $1.4M | −$377K | -28% |
Questions
How much did ST JOE's revenue grow year over year in Q2 2026?
ST JOE's revenue rose $29.7M (+23%) from $129M in Q2 2025 to $159M in Q2 2026. Gross margin 46.2% against 42.9% (+3.3 pts).