Forestar (FOR) Operating Expenses (2010 - 2026)
Forestar's (FOR) quarterly Operating Expenses came in at $38.3 million in Q2 2026, up 2.41% on a YoY basis from $37.4 million in Q2 2025, and up 1.06% quarter-over-quarter from $37.9 million in Q1 2026.
Analysis
Forestar (FOR) Operating Expenses (2010 - 2026) Analysis & Trends
Forestar (FOR) has reported Operating Expenses for 17 consecutive years, with $38.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 2.41% year-over-year to $38.3 million; the trailing twelve-month figure through Jun 2026 stood at $155.3 million (up 8.0% YoY), and the FY2025 full-year result was $154.4 million, up 30.3% from the prior year.
- Operating Expenses improved to $38.3 million in Q2 2026 per FOR's latest filing, from $37.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $42.6 million in Q3 2025 and bottomed at $22.0 million in Q1 2023.
- Historically, Operating Expenses has averaged $30.9 million across 5 years, with a median of $29.2 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 49.08% in 2022, then decreased 9.47% in 2023.
- Over 5 years, Operating Expenses stood at $22.9 million in 2022, then rose by 22.27% to $28.0 million in 2023, then climbed by 28.57% to $36.0 million in 2024, then grew by 1.39% to $36.5 million in 2025, then rose by 4.93% to $38.3 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $38.3 million, $37.9 million, and $36.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Millrose Properties | 5.07 Bn | 5.07 Bn | - | 29.22 Mn |
| 2 | St Joe | 3.65 Bn | 3.54 Bn | 73.42 Mn | 104.06 Mn |
| 3 | Forestar | 1.37 Bn | 979.73 Mn | 84.10 Mn | 38.30 Mn |
| 4 | Five Point Holdings | 752.29 Mn | 402.92 Mn | -23.72 Mn | 21.49 Mn |
| 5 | Tejon Ranch | 442.06 Mn | 427.00 Mn | - | 13.91 Mn |
| 6 | Maui Land & Pineapple | 320.19 Mn | 320.19 Mn | 2.37 Mn | 5.49 Mn |
| 7 | Stratus Properties | 149.37 Mn | 149.37 Mn | -1.91 Mn | -11.61 Mn |
| 8 | Global Asset Management | 105.68 Mn | 105.62 Mn | 3,274.00 | 399,824.00 |
| 9 | Kaanapali Land | 57.36 Mn | 19.41 Mn | -406,000.00 | 232,000.00 |
| 10 | Alset | 48.62 Mn | 28.88 Mn | 83,877.00 | 2.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 38.30 Mn |
| 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 |