Filing Flows › ST JOE (JOE) › Q2 2026
ST JOE (JOE) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 29, 2026
ST JOE (JOE) reported revenue of $159M for the second quarter 2026 (Q2 2026), +23% from a year earlier and +60% from the quarter before. Operating margin was 34.5%, net earnings $40.5M (25.5% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $159M | +60% | +23% |
| Gross profit | $73.4M | +94% | +33% |
| Operating profit | $54.8M | +201% | +48% |
| Net earnings | $40.5M | +190% | +37% |
| Operating cash flow | $43.9M | +4% | +41% |
| Free cash flow | $43.0M | +7% | +45% |
What changed
Revenue was $158.8M in Q2 2026, up 23% year over year and up 60% from the previous quarter.
Gross margin was 46.2%, up 3.3 points from Q2 2025. Operating profit was $54.8M, a 34.5% margin (up 5.9 points year over year). Of the extra revenue versus Q2 2025, 60% reached operating profit, above the 29% margin then. Operating expenses grew 1% against revenue growth of 23%. Net earnings were $40.5M, up 37% year over year. The effective tax rate was 25.6%.
Operating cash flow was $43.9M (up 41% year over year), 107% of net earnings. Non-cash charges added back $11.4M of depreciation and amortization and $343K of share-based compensation. Working capital and other items used $8.8M. Capital expenditures of $1.0M left free cash flow of $43.0M.
Questions
What was ST JOE's revenue in the second quarter 2026?
ST JOE (JOE) reported revenue of $159M for the second quarter 2026 (Q2 2026), +23% from a year earlier and +60% from the quarter before.
Was ST JOE profitable in the second quarter 2026?
Operating profit was $54.8M (34.5% of revenue) and net earnings $40.5M.
Source: ST JOE 10-Q on SEC EDGAR.