Forestar Group Inc. reported revenues of $1,662.4 million for the fiscal year ended September 30, 2025, up from $1,509.4 million in the prior year. Cost of sales increased to $1,298.9 million from $1,150.1 million, while selling, general and administrative expenses rose to $154.4 million compared to $118.5 million in 2024. The company recorded a gain on sale of assets of $4.5 million, down from $9.5 million the previous year. During the period, Forestar issued common stock under its at-the-market equity offering program for net proceeds of $19.7 million and repurchased $400 million principal amount of 2026 notes. The company operates in 64 markets across 23 states and continues its strategic relationship with D.R. Horton, Inc., its majority owner.