Forestar Group Inc. reported its fiscal first quarter (Q1) results for the period ended December 31, 2025. Consolidated revenues increased 9 percent to USD 273.0 million, with 1,944 lots sold during the quarter. Net income totaled USD 15.4 million, or USD 0.30 per diluted share. Pre-tax income was USD 20.8 million. The company owned and controlled 101,000 lots as of quarter-end, and had 24,100 lots contracted for sale representing USD 2.2 billion of future revenue. Real estate assets totaled USD 2.9 billion. Forestar reported a net debt to total capital ratio of 24.6 percent and a return on equity of 9.8 percent for the trailing twelve months ended December 31, 2025. Book value per share increased 10 percent to USD 35.10.

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