FORESTAR GROUP INC.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $35.9M | $32.1M | $15.4M | $32.9M | $31.6M | $16.5M | $38.7M | $45.0M |
| Depreciation & Amortization | — | — | $900.0K | — | — | $800.0K | — | — |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $1.9M | — | $1.9M | $1.5M | $1.7M | $1.7M | $1.4M | $1.8M |
| Net Cash from Operating Activities | $32.7M | $151.9M | $-157.0M | $15.8M | $-19.8M | $-450.0M | $-61.7M | $-59.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $0 | $200.0K | $100.0K | $800.0K | $700.0K | $0 | $600.0K | $600.0K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | — | — | $-100.0K | — | — | $900.0K | — | — |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | — | — | $-10.4M | — | — | $99.9M | — | — |
| Net Change in Cash | — | — | $-167.5M | — | — | $-349.2M | — | — |
| Free Cash Flow | $32.7M | $151.7M | $-157.1M | $15.0M | $-20.5M | $-450.0M | $-62.3M | $-59.8M |