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St. Joe Company JOE Residential Real Estate — Gross Profit

Other segment segments

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$33.18M+21.3%
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$14.18M+32.9%

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Other financials

Income statement

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Revenue$158.8M+23.0%
Gross profit$73.4M+32.6%
Operating income$54.8M+48.2%
Net income$40.5M+37.1%
EPS (diluted)$0.71+39.2%

Balance sheet

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Cash & equivalents$117.3M+33.1%
Total debt$2.2M-43.7%
Total equity$764.5M+3.5%
Total assets$1.5B-2.6%

Cash flow

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Operating cash flow$43.9M+41.4%
CapEx$977.0K-27.8%
Free cash flow$43.0M+44.6%

Valuation

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Market cap$3.84B+31.7%
Enterprise value$3.72B+31.5%
P/E31.2×-4.0×
P/S+0.2×

Profitability

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Gross margin44.1%+3.2pp
Operating margin30.2%+6.5pp
Net margin22.5%+3.1pp
FCF margin38.7%+12.7pp

Returns & leverage

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Return on equity16.4%+4.9pp
Debt / equity0.0×

Where this comes from

Reported directly by St. Joe Company in its filing.

Tagged under the XBRL concept us-gaap:GrossProfit.

The source filing: St. Joe Company’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-088152
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Cost of other revenue (c) (d)4,6649068,4301,610
Consolidated cost of revenue (d)$85,407$73,694$146,510$132,287
Gross profit:
Residential$25,319$16,959$37,947$31,977
Hospitality (a)33,17527,34546,65935,007
Commercial (b)14,17810,67025,53523,133
Other (c)7504141,222875
Consolidated gross profit$73,422$55,388$111,363$90,992

Item 1. Financial Statements (Unaudited)

FAQ

What is St. Joe Company's residential real estate — gross profit?
St. Joe Company (JOE) reported residential real estate — gross profit of $25.32M in Q2 2026.
How has St. Joe Company's residential real estate — gross profit changed year-over-year?
St. Joe Company's residential real estate — gross profit increased by 49.3% year-over-year, from $16.96M to $25.32M.
What is the long-term trend for St. Joe Company's residential real estate — gross profit?
Over 3 years (2022 to 2025), St. Joe Company's residential real estate — gross profit has grown at a 18.7% compound annual growth rate (CAGR), from $48.77M to $81.57M.
What does residential real estate — gross profit mean?
This represents the difference between total residential segment revenues and the direct costs of goods and services sold. It measures the fundamental profitability of the residential development and sales operations before accounting for overhead or non-operating expenses. A higher gross profit indicates strong pricing power or efficient cost management in land development.

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