Forestar Group Reports $59 Million Q4 Profit
The land developer's latest results provide a performance benchmark for operators tracking residential lot supply costs.
Updated on Oct. 29, 2026 in Corporate Finance
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Arlington-based Forestar Group reported a fiscal fourth quarter profit of $59.2 million on revenue of $580.8 million. The results cap a fiscal year in which the developer recorded $1.64 billion in total revenue and $142.6 million in annual profit.
Why it matters
These results provide a performance benchmark for residential land developers navigating the current housing market cycle. Operators can use these figures to gauge capital intensity and profit scaling within the single-family lot development sector.
Forestar Group recorded a fiscal fourth quarter profit of $59.2 million, or $1.15 per share, on $580.8 million in revenue. For the full 2026 fiscal year, the company reported total earnings of $142.6 million, or $2.78 per share, against total revenue of $1.64 billion.
The players
Forestar Group
An Arlington-based residential lot developer that acquires and prepares land for sale to homebuilders.
The details
As a residential lot developer, Forestar Group generates revenue by acquiring, entitling, and developing land for homebuilders. The company's profitability hinges on its ability to manage the timing of lot sales against the construction schedules of its builder partners. The reported annual figures reflect the operational throughput of its land acquisition and development pipeline over the 2026 fiscal year.
Timeline
Fiscal fourth quarter 2026 results represent the most recent period for Forestar Group.
Annual results cover the full 2026 fiscal year for the organization.
Market Landscape
This earnings report places the company within the broader 2026 fiscal year developer earnings cycle. The results follow the documented industry trend of residential land developers scaling production to meet specific regional builder demand.
Operators in the residential construction space should monitor how these land-development margins influence the pricing of finished lots for mid-sized builders. Tracking these profit levels helps assess the underlying cost pressure in the local land-acquisition pipeline.
The takeaway
The company's $1.64 billion annual revenue highlights the scale required to maintain current land-development profit margins. Managers should monitor future filings to determine how the company adjusts its land-acquisition strategy to shifts in local builder demand.
Further reading
For broader trends in land development and capital management, explore Corporate Finance.
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