Filing Flows › ST JOE (JOE) › Q3 2026 › vs Q3 2025
ST JOE (JOE) Q3 2026 vs Q3 2025 (year over year)
ST JOE's revenue fell $4.9M (-3%) from $161M in Q3 2025 to $156M in Q3 2026. Gross margin 51.6% against 44.4% (+7.3 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 51.6% | 44.4% | +7.3 pts |
| Operating margin | 39.4% | 32.9% | +6.5 pts |
| Net margin | 23.6% | 24.0% | -0.4 pts |
| Free cash flow margin | 36.4% | 52.9% | -16.5 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $156M | $161M | −$4.9M | -3% |
| Gross profit | $80.7M | $71.5M | $9.2M | +13% |
| Cost of revenue | $75.5M | $89.6M | −$14.1M | -16% |
| Operating profit | $61.5M | $52.9M | $8.6M | +16% |
| Operating expenses | $19.1M | $18.6M | $557K | +3% |
| Pre-tax earnings | $50.0M | $53.9M | −$4.0M | -7% |
| Other expense, net | $11.6M | −$1.0M | $12.6M | — |
| Net earnings | $36.9M | $38.7M | −$1.8M | -5% |
| Minority interests | $139K | $1.5M | −$1.4M | -91% |
| Income tax | $12.9M | $13.7M | −$840K | -6% |
| Depreciation & amortization | $11.1M | $11.7M | −$516K | -4% |
| Share-based compensation | $358K | $309K | $49K | +16% |
| Working capital & other | $9.3M | $35.5M | −$26.3M | -74% |
| Operating cash flow | $57.7M | $86.2M | −$28.5M | -33% |
| Free cash flow (OCF − capex) | $56.8M | $85.2M | −$28.4M | -33% |
| Capital expenditures | $837K | $1.0M | −$164K | -16% |
Questions
How much did ST JOE's revenue grow year over year in Q3 2026?
ST JOE's revenue fell $4.9M (-3%) from $161M in Q3 2025 to $156M in Q3 2026. Gross margin 51.6% against 44.4% (+7.3 pts).