# Forestar Group Inc.: financial statements, quarterly

FOR · NYSE · CIK 1406587 · [Real estate](/sectors/real-estate.md) · fiscal year ends Sep 30

Pages: [Overview](/companies/for.md) · [Financials](/companies/for/financials.md) · [Filings](/companies/for/filings.md) · [Insiders](/companies/for/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/for/financials.md?period=annual).

## Income statement

| Line item | Unit | Q4 FY2023 (2023-09-30) | Q1 FY2024 (2023-12-31) | Q2 FY2024 (2024-03-31) | Q3 FY2024 (2024-06-30) | Q4 FY2024 (2024-09-30) | Q1 FY2025 (2024-12-31) | Q2 FY2025 (2025-03-31) | Q3 FY2025 (2025-06-30) | Q4 FY2025 (2025-09-30) | Q1 FY2026 (2025-12-31) | Q2 FY2026 (2026-03-31) | Q3 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [550 d](/filings/0001628280-25-053125.md) | [306](/filings/0001406587-25-000009.md) | [334](/filings/0001406587-25-000064.md) | [318](/filings/0001406587-25-000076.md) | [551 d](/filings/0001628280-25-053125.md) | [250](/filings/0001628280-26-003039.md) | [351](/filings/0001628280-26-026783.md) | [391](/filings/0001628280-26-049174.md) | [671 d](/filings/0001628280-25-053125.md) | [273](/filings/0001628280-26-003039.md) | [374](/filings/0001628280-26-026783.md) | [407](/filings/0001628280-26-049174.md) |
| Cost of revenue | $m | [434 d](/filings/0001628280-25-053125.md) | [233](/filings/0001406587-25-000009.md) | [251](/filings/0001406587-25-000064.md) | [247](/filings/0001406587-25-000076.md) | [420 d](/filings/0001628280-25-053125.md) | [195](/filings/0001628280-26-003039.md) | [272](/filings/0001628280-26-026783.md) | [311](/filings/0001628280-26-049174.md) | [521 d](/filings/0001628280-25-053125.md) | [218](/filings/0001628280-26-003039.md) | [294](/filings/0001628280-26-026783.md) | [323](/filings/0001628280-26-049174.md) |
| Gross profit | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Selling, general and administrative | $m | [26.4 d](/filings/0001628280-25-053125.md) | [28.0](/filings/0001406587-25-000009.md) | [29.2](/filings/0001406587-25-000064.md) | [29.3](/filings/0001406587-25-000076.md) | [32.0 d](/filings/0001628280-25-053125.md) | [36.0](/filings/0001628280-26-003039.md) | [38.4](/filings/0001628280-26-026783.md) | [37.4](/filings/0001628280-26-049174.md) | [42.6 d](/filings/0001628280-25-053125.md) | [36.5](/filings/0001628280-26-003039.md) | [37.9](/filings/0001628280-26-026783.md) | [38.3](/filings/0001628280-26-049174.md) |
| Operating income | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Interest expense | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Income tax | $m | [23.0 d](/filings/0001628280-25-053125.md) | [13.0](/filings/0001406587-25-000009.md) | [13.9](/filings/0001406587-25-000064.md) | [12.9](/filings/0001406587-25-000076.md) | [26.9 d](/filings/0001628280-25-053125.md) | [5.4](/filings/0001628280-26-003039.md) | [9.1](/filings/0001628280-26-026783.md) | [10.7](/filings/0001628280-26-049174.md) | [26.2 d](/filings/0001628280-25-053125.md) | [5.4](/filings/0001628280-26-003039.md) | [11.7](/filings/0001628280-26-026783.md) | [12.7](/filings/0001628280-26-049174.md) |
| Net income | $m | [72.4 d](/filings/0001628280-25-053125.md) | [38.2](/filings/0001406587-25-000076.md) | [45.0](/filings/0001406587-25-000076.md) | [38.7](/filings/0001406587-25-000076.md) | [81.6 d](/filings/0001628280-25-053125.md) | [16.5](/filings/0001628280-26-003039.md) | [31.6](/filings/0001628280-26-026783.md) | [32.9](/filings/0001628280-26-049174.md) | [86.9 d](/filings/0001628280-25-053125.md) | [15.4](/filings/0001628280-26-003039.md) | [32.1](/filings/0001628280-26-026783.md) | [35.9](/filings/0001628280-26-049174.md) |
| Diluted EPS | $ per share | not reported | [0.76](/filings/0001406587-25-000009.md) | [0.89](/filings/0001406587-25-000064.md) | [0.76](/filings/0001406587-25-000076.md) | not reported | [0.32](/filings/0001628280-26-003039.md) | [0.62](/filings/0001628280-26-026783.md) | [0.65](/filings/0001628280-26-049174.md) | not reported | [0.30](/filings/0001628280-26-003039.md) | [0.63](/filings/0001628280-26-026783.md) | [0.70](/filings/0001628280-26-049174.md) |
| Basic EPS | $ per share | not reported | [0.76](/filings/0001406587-25-000009.md) | [0.90](/filings/0001406587-25-000064.md) | [0.76](/filings/0001406587-25-000076.md) | not reported | [0.32](/filings/0001628280-26-003039.md) | [0.62](/filings/0001628280-26-026783.md) | [0.65](/filings/0001628280-26-049174.md) | not reported | [0.30](/filings/0001628280-26-003039.md) | [0.63](/filings/0001628280-26-026783.md) | [0.70](/filings/0001628280-26-049174.md) |

- Revenue: us-gaap:Revenues
- Cost of revenue: us-gaap:CostOfGoodsAndServicesSold
- Gross profit: not reported
- Selling, general and administrative: us-gaap:SellingGeneralAndAdministrativeExpense
- Operating income: not reported
- Interest expense: not reported
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | FY2023 (2023-09-30) | Q1 FY2024 (2023-12-31) | Q2 FY2024 (2024-03-31) | Q3 FY2024 (2024-06-30) | FY2024 (2024-09-30) | Q1 FY2025 (2024-12-31) | Q2 FY2025 (2025-03-31) | Q3 FY2025 (2025-06-30) | FY2025 (2025-09-30) | Q1 FY2026 (2025-12-31) | Q2 FY2026 (2026-03-31) | Q3 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | [616](/filings/0001406587-24-000118.md) | [459](/filings/0001406587-24-000008.md) | [416](/filings/0001406587-24-000074.md) | [359](/filings/0001406587-24-000085.md) | [481](/filings/0001628280-25-053125.md) | [132](/filings/0001406587-25-000009.md) | [174](/filings/0001406587-25-000064.md) | [189](/filings/0001406587-25-000076.md) | [379](/filings/0001628280-26-049174.md) | [212](/filings/0001628280-26-003039.md) | [362](/filings/0001628280-26-026783.md) | [395](/filings/0001628280-26-049174.md) |
| Total assets | $m | [2,471](/filings/0001406587-24-000118.md) | [2,534](/filings/0001406587-24-000008.md) | [2,599](/filings/0001406587-24-000074.md) | [2,675](/filings/0001406587-24-000085.md) | [2,840](/filings/0001628280-25-053125.md) | [2,961](/filings/0001406587-25-000009.md) | [3,043](/filings/0001406587-25-000064.md) | [3,120](/filings/0001406587-25-000076.md) | [3,137](/filings/0001628280-26-049174.md) | [3,177](/filings/0001628280-26-003039.md) | [3,173](/filings/0001628280-26-026783.md) | [3,221](/filings/0001628280-26-049174.md) |
| Total liabilities | $m | [1,101](/filings/0001406587-24-000118.md) | [1,125](/filings/0001406587-24-000008.md) | [1,126](/filings/0001406587-24-000074.md) | [1,162](/filings/0001406587-24-000085.md) | [1,245](/filings/0001628280-25-053125.md) | [1,347](/filings/0001406587-25-000009.md) | [1,397](/filings/0001406587-25-000064.md) | [1,440](/filings/0001406587-25-000076.md) | [1,368](/filings/0001628280-26-049174.md) | [1,390](/filings/0001628280-26-003039.md) | [1,353](/filings/0001628280-26-026783.md) | [1,363](/filings/0001628280-26-049174.md) |
| Long-term debt | $m | [695](/filings/0001406587-24-000118.md) | [705](/filings/0001406587-24-000008.md) | [706](/filings/0001406587-24-000074.md) | [706](/filings/0001406587-24-000085.md) | [706](/filings/0001628280-25-053125.md) | [807](/filings/0001406587-25-000009.md) | [873](/filings/0001406587-25-000064.md) | [873](/filings/0001406587-25-000076.md) | [803](/filings/0001628280-26-049174.md) | [793](/filings/0001628280-26-003039.md) | [794](/filings/0001628280-26-026783.md) | [794](/filings/0001628280-26-049174.md) |
| Shareholders' equity | $m | [1,369](/filings/0001406587-24-000118.md) | [1,408](/filings/0001406587-24-000008.md) | [1,472](/filings/0001406587-24-000074.md) | [1,512](/filings/0001406587-24-000085.md) | [1,594](/filings/0001628280-25-053125.md) | [1,613](/filings/0001406587-25-000009.md) | [1,645](/filings/0001406587-25-000064.md) | [1,679](/filings/0001406587-25-000076.md) | [1,768](/filings/0001628280-26-049174.md) | [1,786](/filings/0001628280-26-003039.md) | [1,819](/filings/0001628280-26-026783.md) | [1,857](/filings/0001628280-26-049174.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Total assets: us-gaap:Assets
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebt
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q4 FY2023 (2023-09-30) | Q1 FY2024 (2023-12-31) | Q2 FY2024 (2024-03-31) | Q3 FY2024 (2024-06-30) | Q4 FY2024 (2024-09-30) | Q1 FY2025 (2024-12-31) | Q2 FY2025 (2025-03-31) | Q3 FY2025 (2025-06-30) | Q4 FY2025 (2025-09-30) | Q1 FY2026 (2025-12-31) | Q2 FY2026 (2026-03-31) | Q3 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [228 d](/filings/0001628280-25-053125.md) | [(157)](/filings/0001406587-25-000009.md) | [(59.2) d](/filings/0001406587-25-000064.md) | [(61.7) d](/filings/0001406587-25-000076.md) | [119 d](/filings/0001628280-25-053125.md) | [(450)](/filings/0001628280-26-003039.md) | [(19.8) d](/filings/0001628280-26-026783.md) | [15.8 d](/filings/0001628280-26-049174.md) | [256 d](/filings/0001628280-25-053125.md) | [(157)](/filings/0001628280-26-003039.md) | [152 d](/filings/0001628280-26-026783.md) | [32.7 d](/filings/0001628280-26-049174.md) |
| Capital expenditure | $m | [0.5 d](/filings/0001628280-25-053125.md) | [0.2](/filings/0001406587-25-000009.md) | [0.6 d](/filings/0001406587-25-000064.md) | [0.6 d](/filings/0001406587-25-000076.md) | [0.8 d](/filings/0001628280-25-053125.md) | [0.0](/filings/0001628280-26-003039.md) | [0.7 d](/filings/0001628280-26-026783.md) | [0.8 d](/filings/0001628280-26-049174.md) | [0.7 d](/filings/0001628280-25-053125.md) | [0.1](/filings/0001628280-26-003039.md) | [0.2 d](/filings/0001628280-26-026783.md) | [0.0 d](/filings/0001628280-26-049174.md) |
| Share repurchases | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
- Share repurchases: not reported

## Shares

| Line item | Unit | Q1 FY2023 (2022-12-31) | Q2 FY2023 (2023-03-31) | Q3 FY2023 (2023-06-30) | Q1 FY2024 (2023-12-31) | Q2 FY2024 (2024-03-31) | Q3 FY2024 (2024-06-30) | Q1 FY2025 (2024-12-31) | Q2 FY2025 (2025-03-31) | Q3 FY2025 (2025-06-30) | Q1 FY2026 (2025-12-31) | Q2 FY2026 (2026-03-31) | Q3 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [49.9](/filings/0001406587-24-000008.md) | [50.0](/filings/0001406587-24-000074.md) | [50.2](/filings/0001406587-24-000085.md) | [50.5](/filings/0001406587-25-000009.md) | [50.6](/filings/0001406587-25-000064.md) | [51.1](/filings/0001406587-25-000076.md) | [51.1](/filings/0001628280-26-003039.md) | [51.0](/filings/0001628280-26-026783.md) | [51.0](/filings/0001628280-26-049174.md) | [51.2](/filings/0001628280-26-003039.md) | [51.2](/filings/0001628280-26-026783.md) | [51.3](/filings/0001628280-26-049174.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 51,017,627 at 2026-07-17, from the cover of the [10-Q filed 2026-07-22](/filings/0001628280-26-049174.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:39 ET. No prices; not investment advice.