Forestar (FOR) Operating Income (2010 - 2026)

Forestar (FOR) posted Operating Income of $45.8 million for Q2 2026, up 8.27% on a QoQ basis from $42.3 million in Q1 2026, and up 8.27% year-over-year from $42.3 million in Q2 2025.

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

Forestar's Operating Income history runs 17 years deep, the most recent figure standing at $45.8 million for Q2 2026.

  • Quarterly Operating Income rose 8.27% year-over-year to $45.8 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $213.6 million (up 5.74% YoY) and the FY2025 annual result came in at $209.1 million, down 13.16% from the prior year.
  • Operating Income was $45.8 million for Q2 2026 at Forestar, up from $42.3 million in the prior quarter.
  • Across five years, Operating Income topped out at $107.0 million in Q3 2025 and bottomed at $18.5 million in Q4 2025.
  • A 5-year average of $52.3 million and a median of $45.4 million in 2023 frame the typical range for Operating Income.
  • Annual changes were most pronounced in 2023 — Operating Income surged 82.52% — and 2024, when it slumped 57.68%.
  • Forestar's Operating Income stood at $24.6 million in 2022, then jumped by 82.52% to $44.9 million in 2023, then slumped by 57.68% to $19.0 million in 2024, then decreased by 2.63% to $18.5 million in 2025, then jumped by 147.57% to $45.8 million in 2026.
  • Business Quant data shows FOR's Operating Income at $45.8 million in Q2 2026, $42.3 million in Q1 2026, and $18.5 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Vesta Real Estate Corporation, S.A.B. de C.V 29.21 Bn 29.21 Bn - 70.20 Mn
2 Howard Hughes Holdings 3.94 Bn 3.94 Bn 182.88 Mn 50.68 Mn
3 Century Communities 2.07 Bn 1.98 Bn 190.18 Mn 190.35 Mn
4 Forestar 1.50 Bn 1.10 Bn 84.10 Mn 45.80 Mn
5 Five Point Holdings 413.97 Mn 64.60 Mn -23.72 Mn -45.21 Mn
6 Belpointe PREP 175.23 Mn 175.23 Mn - -
7 Smith Douglas Homes 139.28 Mn 111.29 Mn 40.45 Mn 4.54 Mn
8 Amrep 121.95 Mn 69.26 Mn 4.41 Mn 2.12 Mn
9 Logistic Properties of the Americas 95.17 Mn 95.17 Mn - -
10 Kaanapali Land 55.35 Mn 18.66 Mn 10.32 Mn 8.77 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 45.80 Mn
Mar 31, 2026 42.30 Mn
Dec 31, 2025 18.50 Mn
Sep 30, 2025 107.00 Mn
Jun 30, 2025 42.30 Mn
Mar 31, 2025 40.80 Mn
Dec 31, 2024 19.00 Mn
Sep 30, 2024 99.90 Mn
Jun 30, 2024 42.20 Mn
Mar 31, 2024 53.90 Mn
Dec 31, 2023 44.90 Mn
Sep 30, 2023 89.30 Mn
Jun 30, 2023 58.60 Mn
Mar 31, 2023 33.90 Mn
Dec 31, 2022 24.60 Mn
Sep 30, 2022 65.50 Mn
Jun 30, 2022 49.80 Mn
Mar 31, 2022 63.20 Mn
Dec 31, 2021 51.90 Mn
Sep 30, 2021 56.20 Mn