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U.S. COMPANY FILING

Forestar Group Inc. — Form 10-Q filed 2026-07-22

Filed: 2026-07-22Company: Forestar Group Inc.Ticker: FORExchange: NYSEForm: 10-QReport period: 2026-06-30SEC accession: 0001628280-26-049174Event: earningsMateriality: 75

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Forestar Group Inc. reported Q3 FY2026 revenue of $407.0M, up 4% YoY, and net income of $35.9M, up 9% YoY, with diluted EPS of $0.70. For the nine months, revenue was $1,054.3M and net income $83.5M. The company continues to focus on residential lot development, with D.R. Horton accounting for over 10% of revenue. Liquidity remains strong with cash of $394.9M and debt of $793.8M, and all covenants are met. Despite affordability constraints, the company is managing costs and pricing to optimize returns.

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