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Other financials

Income statement

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Revenue$407.0M+4.2%
Gross profit$84.1M+5.5%
Net income$35.9M+9.1%
EPS (diluted)$0.70+7.7%

Balance sheet

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Cash & equivalents$394.9M+109%
Total debt$810.2M-8.3%
Total equity$1.9B+10.6%
Total assets$3.2B+3.2%

Cash flow

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Operating cash flow$32.7M
CapEx$200.0K-71.4%
Free cash flow$32.7M

Valuation

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Market cap$1.51B+16.2%
Enterprise value$1.93B-3.4%
P/E8.9×+0.9×
P/S0.9×0.0×

Profitability

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Gross margin21.4%-1.0pp
Operating margin21.9%
Net margin9.9%-0.7pp
FCF margin-3.4%-23.4pp

Returns & leverage

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Return on equity9.6%-0.6pp
Debt / equity0.4×-0.1×

Where this comes from

Reported directly by Forestar Group in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

The source filing: Forestar Group’s 10-Q, filed July 22, 2026.

Filed
Jul 22, 2026, 3:41 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-049174
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Nine Months Ended June 30, 2026Nine Months Ended June 30, 2025
Revenues$407.0$390.5$1,054.3$991.9
Cost of sales322.9310.8835.0778.0
Selling, general and administrative expense38.337.4112.6111.8
Equity in earnings of unconsolidated ventures(0.6)
Interest and other income(2.9)(1.3)(6.8)(4.6)
Loss on extinguishment of debt1.1
Income before income taxes48.743.6113.5106.2
Income tax expense12.710.729.825.2

Item 1. Financial Statements (Unaudited)

FAQ

What is Forestar Group's SG&A?
Forestar Group (FOR) reported SG&A of $38.3M in Q2 2026.
How has Forestar Group's SG&A changed year-over-year?
Forestar Group's SG&A increased by 2.4% year-over-year, from $37.4M to $38.3M.
What is the long-term trend for Forestar Group's SG&A?
Over 4 years (2021 to 2025), Forestar Group's SG&A has grown at a 22.6% compound annual growth rate (CAGR), from $68.4M to $154.4M.
What does SG&A mean?
Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

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