St. Joe Company JOE Sale Of Vacation Rental Properties — Gross Profit
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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
(a) The three and six months ended June 30, 2026, include $3.6 million and $7.1 million, respectively, of revenue and $1.3 million and $2.6 million, respectively, of cost of revenue, resulting in gross profit of $2.3 million and $4.5 million, respectively, related to the sale of vacation rental properties. The three and six months ended June 30, 2025, include $1.4 million of revenue and $0.8 million of cost of revenue, resulting in gross profit of $0.6 million, related to the sale of a hospitality property.
Item 1. Financial Statements (Unaudited)
FAQ
- What is St. Joe Company's sale of vacation rental properties — gross profit?
- St. Joe Company (JOE) reported sale of vacation rental properties — gross profit of $2.3M in Q2 2026.
- What does sale of vacation rental properties — gross profit mean?
- This metric measures the profitability of vacation rental property sales by subtracting direct costs of goods sold from the total revenue generated by these transactions. It serves as a key indicator of the margins achieved on real estate divestments within the hospitality segment. A healthy gross profit margin demonstrates the company's effectiveness in managing development or acquisition costs relative to market exit prices.
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