10-K · February 25, 2026
St. Joe’s 10-K describes a focused strategy of developing residential communities, expanding hospitality, and growing income-producing commercial assets in Northwest Florida. Financially the company shows a clear…
Earnings analysis · 10-Q
JOE earnings analysis
Filed April 29, 2026 · Our reading of the company's report
The latest report
The St. Joe Company reported Q1 2026 results with a revenue increase of 5.2% year-over-year to $99.1 million, supported by record hospitality revenue of $44.7 million. EPS came in at $0.24, showing a substantial but…
Read full summary
The St. Joe Company reported Q1 2026 results with a revenue increase of 5.2% year-over-year to $99.1 million, supported by record hospitality revenue of $44.7 million. EPS came in at $0.24, showing a substantial but minor downturn from $0.3 in Q1 2025. The company anticipates sustained growth amid higher demand in Northwest Florida despite macroeconomic challenges.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.24
- Segment
- Residential: 28.6%
- Segment
- Hospitality: 49.5%
- Segment
- Commercial: 17.6%
What stood out
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Revenue Growth
Revenue increased by 5.2% to $99.1 million from $94.2 million in Q1 2025.
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Record Hospitality Revenue
Hospitality segment revenue rose 12.9% to $44.7 million compared to $39.6 million in the prior year.
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Operating Income Up
Operating income increased 7.7%, reaching $18.2 million in Q1 2026.
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Homesites Under Contract
1,380 homesites were placed under contract, totaling 3,204 homesites compared to 952 homesites in Q1 2025.
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Strong Revenue Stability
Real estate revenue rose 3.7% to $39.7 million from $38.3 million year-over-year.
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Effective Debt Management
Variable-rate debt totaled $106.4 million with $39.6 million swapped to a fixed interest rate.
What to watch
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Declining Equity Income
Equity in income from joint ventures decreased by $6.7 million due to lower home closing volumes.
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Negative Market Conditions
Macroeconomic headwinds including elevated interest rates and inflation are impacting buyer sentiment.
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Geopolitical Uncertainties
Uncertainty over geopolitical events continues to introduce risks impacting the economic environment.
Management's outlook
Outlook deferred to earnings press release / call.
Earlier filings 4
10-Q · July 23, 2025
The St. Joe Company reported a strong Q2 2025, with revenue rising to $129.1 million, a 15.7% increase from the previous quarter's $111.6 million and a substantial year-over-year gain from $112 million in Q2 2024.…
10-Q · April 23, 2025
St. Joe reported Q1 revenue of $94,197,000 and diluted EPS of $0.30, up from $87,787,000 and $0.24 a year ago, driven by higher real estate revenue and stronger equity income from unconsolidated joint ventures.…
10-K · February 26, 2025
St. Joe (JOE) positions itself as an owner-oriented, Northwest-Florida focused real estate developer operating three reportable segments (residential, hospitality, commercial) with a strategy to expand income-producing…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.