Forestar Group Inc. income statement

In fiscal 2025, Forestar Group Inc. reported revenue of $1.66bn, up 10.1% on the year before and net income of $168m, or $3.29 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Forestar Group Inc.: income statement, annual
Fiscal year	2010Dec 2009	2011Dec 2010	2012Dec 2011	2013Dec 2012	2014Dec 2013	2015Dec 2014	2016Dec 2015	2017Dec 2016	2018Dec 2017	2019Sept 2019	2020Sept 2020	2021Sept 2021	2022Sept 2022	2023Sept 2023	2024Sept 2024	2025Sept 2025	LTMJun 2026
Revenue	146	101	136	173	331	238	219	197	114	428	932	1,326	1,519	1,437	1,509	1,662	1,725
Cost of revenue	—	—	—	—	—	—	—	—	113	363	814	1,097	1,195	1,133	1,150	1,299	1,356
Gross profit	—	—	—	—	—	—	—	—	2	66	118	229	324	304	359	364	369
Selling, general and administrative	—	—	—	—	—	—	—	—	75	29	46	68	94	98	119	154	155
General and administrative	30	23	23	32	28	22	27	22	—	—	—	—	—	—	—	—	—
Operating income	125	19	58	27	47	71	24	140	40	—	—	—	—	—	—	—	—
Interest expense	20	16	17	19	20	30	34	20	9	0	0	—	—	—	—	—	—
Income before tax	97	8	12	26	42	58	9	92	52	46	78	147	236	222	270	219	227
Income tax	36	2	3	8	7	21	35	15	46	9	16	36	57	55	67	51	56
Net income	59	5	7	13	29	17	−213	59	50	33	61	110	179	167	203	168	170
Diluted EPS	$1.64	$0.14	$0.20	$0.36	$0.80	$0.38	−$6.22	$1.38	$1.19	$0.79	$1.26	$2.25	$3.59	$3.33	$4.00	$3.29	$3.33
Diluted shares (average)	36m	36m	36m	35m	37m	44m	34m	42m	42m	42m	48m	49m	50m	50m	51m	51m	51m
EBITDA	135	29	69	46	77	112	69	152	45	—	—	—	—	—	—	—	—

US$ millions unless shown otherwise. Fiscal quarters.

Forestar Group Inc.: income statement, quarterly
Quarter	2024 Q4Sept 2024	2025 Q1Dec 2024	2025 Q2Mar 2025	2025 Q3Jun 2025	2025 Q4Sept 2025	2026 Q1Dec 2025	2026 Q2Mar 2026	2026 Q3Jun 2026
Revenue	551	250	351	391	671	273	374	407
Cost of revenue	420	195	272	311	521	218	294	323
Gross profit	132	55	79	80	150	55	80	84
Selling, general and administrative	32	36	38	37	43	37	38	38
Income before tax	109	22	41	44	113	21	44	49
Income tax	27	5	9	11	26	5	12	13
Net income	82	17	32	33	87	15	32	36
Diluted EPS	$1.60	$0.32	$0.62	$0.65	$1.70	$0.30	$0.63	$0.70

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Forestar Group Inc.'s SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Forestar Group Inc.