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Amrep AXR Land Sale — Cost of Goods Sold

Other product segments

Home Sales
$5.83M+36.3%

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Other financials

Income statement

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Revenue$14.6M+93.8%
Operating income$3.0M+596%
Net income$3.1M+339%
EPS (diluted)$0.58+346%

Balance sheet

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Cash & equivalents$50.0M+35.4%
Total debt$42.0K-39.1%
Total equity$139.4M+10.6%
Total assets$143.9M+11.6%

Cash flow

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Operating cash flow$5.4M
CapEx$19.0K-26.9%
Free cash flow$5.4M

Valuation

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Market cap$137.09M+23.0%
P/E10.6×+1.8×
P/S2.6×+0.3×

Profitability

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Gross margin32.3%
Operating margin26.1%+3.2pp
Net margin24.4%+2.1pp
FCF margin31.9%+15.5pp

Returns & leverage

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Return on equity9.7%-1.1pp
Debt / equity0.0×

Where this comes from

Reported directly by Amrep in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Amrep’s 10-Q, filed March 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Amrep's land sale — cost of goods sold?
Amrep (AXR) reported land sale — cost of goods sold of $4.14M in Q4 2025.
How has Amrep's land sale — cost of goods sold changed year-over-year?
Amrep's land sale — cost of goods sold increased by 122.7% year-over-year, from $1.86M to $4.14M.
What is the long-term trend for Amrep's land sale — cost of goods sold?
Over 3 years (2022 to 2025), Amrep's land sale — cost of goods sold has grown at a -12.2% compound annual growth rate (CAGR), from $18.25M to $12.36M.
What does land sale — cost of goods sold mean?
This metric captures the direct costs associated with the land development segment after accounting for various reimbursements and credits. It represents the net expenditure required to prepare and deliver land for sale, including site improvements and infrastructure development. Monitoring this helps evaluate the direct production efficiency and margin profile of the land sales business.