Forestar (FOR) Operating Expenses (2010 - 2026)

Forestar (FOR) reported Operating Expenses of $37.9 million for Q1 2026, down 1.3% on a YoY basis from $38.4 million in Q1 2025, and up 3.84% quarter-over-quarter from $36.5 million in Q4 2025.

Forestar (FOR) Operating Expenses (2010 - 2026) Analysis & Trends

Forestar has reported Operating Expenses for 17 years, with the latest figure at $37.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 1.3% year-over-year to $37.9 million; the trailing twelve-month figure through Mar 2026 stood at $154.4 million (up 13.78% YoY), and the FY2025 full-year result was $154.4 million, up 30.3% from the prior year.
  • Operating Expenses for Q1 2026 stood at $37.9 million, up from $36.5 million in the prior quarter.
  • The five-year high for Operating Expenses was $42.6 million in Q3 2025, with the low at $22.0 million in Q1 2023.
  • Historically, Operating Expenses has averaged $30.4 million across 5 years, with a median of $29.2 million in 2024.
  • Annual changes were most pronounced in 2022 — Operating Expenses jumped 49.08% — and 2023, when it retreated 9.47%.
  • Forestar's Operating Expenses stood at $22.9 million in 2022, then grew by 22.27% to $28.0 million in 2023, then gained by 28.57% to $36.0 million in 2024, then advanced by 1.39% to $36.5 million in 2025, then rose by 3.84% to $37.9 million in 2026.
  • The last three Operating Expenses figures came in at $37.9 million (Q1 2026), $36.5 million (Q4 2025), and $42.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Vesta Real Estate Corporation, S.A.B. de C.V 19.89 Bn 19.69 Bn - -9.80 Mn
2 Howard Hughes Holdings 3.83 Bn 2.06 Bn 182.88 Mn 185.37 Mn
3 Century Communities 1.63 Bn 1.55 Bn 637.90 Mn 22.22 Mn
4 Forestar 1.44 Bn 1.08 Bn 80.20 Mn 37.90 Mn
5 Five Point Holdings 364.73 Mn 1.50 Bn 13.58 Mn 23.22 Mn
6 Sky Harbour 315.28 Mn 322.47 Mn 7.09 Mn 14.05 Mn
7 Belpointe PREP 182.32 Mn 163.36 Mn - 15.16 Mn
8 Amrep 139.91 Mn 89.41 Mn 14.23 Mn 11.57 Mn
9 Smith Douglas Homes 119.50 Mn 445.34 Mn 40.45 Mn 35.91 Mn
10 JFB Construction Holdings 91.63 Mn 66.37 Mn 681,192.00 2.70 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 37.90 Mn
Dec 31, 2025 36.50 Mn
Sep 30, 2025 42.60 Mn
Jun 30, 2025 37.40 Mn
Mar 31, 2025 38.40 Mn
Dec 31, 2024 36.00 Mn
Sep 30, 2024 32.00 Mn
Jun 30, 2024 29.30 Mn
Mar 31, 2024 29.20 Mn
Dec 31, 2023 28.00 Mn
Sep 30, 2023 26.40 Mn
Jun 30, 2023 26.40 Mn
Mar 31, 2023 22.00 Mn
Dec 31, 2022 22.90 Mn
Sep 30, 2022 23.70 Mn
Jun 30, 2022 24.10 Mn
Mar 31, 2022 24.30 Mn
Dec 31, 2021 21.50 Mn
Sep 30, 2021 19.70 Mn
Jun 30, 2021 16.90 Mn