Filing Flows › ST JOE (JOE) › Q3 2026 › vs Q2 2026
ST JOE (JOE) Q3 2026 vs Q2 2026 (quarter over quarter)
ST JOE's revenue fell $2.6M (-2%) from $159M in Q2 2026 to $156M in Q3 2026. Gross margin 51.6% against 46.2% (+5.4 pts).
ST JOE, Q3 2026: revenue $156M (-3% year over year), operating margin 39.4%, net earnings $36.9M, operating cash flow $57.7M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 51.6% | 46.2% | +5.4 pts |
| Operating margin | 39.4% | 34.5% | +4.9 pts |
| Net margin | 23.6% | 25.5% | -1.8 pts |
| Free cash flow margin | 36.4% | 27.0% | +9.3 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $156M | $159M | −$2.6M | -2% |
| Gross profit | $80.7M | $73.4M | $7.2M | +10% |
| Cost of revenue | $75.5M | $85.4M | −$9.9M | -12% |
| Operating profit | $61.5M | $54.8M | $6.8M | +12% |
| Operating expenses | $19.1M | $18.6M | $461K | +2% |
| Pre-tax earnings | $50.0M | $55.1M | −$5.1M | -9% |
| Other expense, net | $11.6M | −$324K | $11.9M | — |
| Net earnings | $36.9M | $40.5M | −$3.5M | -9% |
| Minority interests | $139K | $508K | −$369K | -73% |
| Income tax | $12.9M | $14.1M | −$1.2M | -9% |
| Depreciation & amortization | $11.1M | $11.4M | −$246K | -2% |
| Share-based compensation | $358K | $343K | $15K | +4% |
| Working capital & other | $9.3M | −$8.3M | $17.5M | — |
| Operating cash flow | $57.7M | $43.9M | $13.7M | +31% |
| Free cash flow (OCF − capex) | $56.8M | $43.0M | $13.9M | +32% |
| Capital expenditures | $837K | $977K | −$140K | -14% |
Questions
How much did ST JOE's revenue grow quarter over quarter in Q3 2026?
ST JOE's revenue fell $2.6M (-2%) from $159M in Q2 2026 to $156M in Q3 2026. Gross margin 51.6% against 46.2% (+5.4 pts).