Jan. 20 at 11:38 AM
$FOR Earnings - Q1/2026
Revenue:
$273M ✅ vs.
$265.6M est.
EPS:
$0.3 ❌ vs.
$0.42 est.
Forestar reports Q1 FY2026 results with net income down 7% and lots sold down 17% to 1,944, while 317 lots were sold to customers other than D.R. Horton. The balance sheet stays healthy with about
$211.7 million in unrestricted cash,
$607.6 million of available borrowing capacity and total liquidity around
$819.3 million; debt sits near
$793.2 million and net debt to total capital at 24.6%. Forestar reiterates guidance to deliver 14,000–15,000 lots in fiscal 2026, supported by a 101,000-lot position and contracted future revenue as it aims to grow and create long-term value for shareholders.
