Forestar Group Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $35.9M | $32.1M | $15.4M | $86.9M | $32.9M | $31.6M | $16.5M | $81.5M |
| Depreciation & Amortization | $700.0K | $700.0K | $900.0K | $900.0K | $800.0K | $1.0M | $800.0K | $700.0K |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $1.9M | $3.1M | $1.9M | $2.4M | $1.5M | $1.7M | $1.7M | $1.2M |
| Net Cash from Operating Activities | $32.7M | $151.9M | $-157.0M | $256.3M | $15.8M | $-19.8M | $-450.0M | $119.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $0 | $200.0K | $100.0K | $700.0K | $800.0K | $700.0K | $0 | $800.0K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $0 | $-200.0K | $-100.0K | $3.8M | $-800.0K | $-700.0K | $900.0K | $3.6M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $0 | $-1.2M | $-10.4M | $-70.1M | $-100.0K | $62.8M | $99.9M | $-800.0K |
| Net Change in Cash | $32.7M | $150.5M | $-167.5M | $190.0M | $14.9M | $42.3M | $-349.2M | $122.0M |
| Free Cash Flow | $32.7M | $151.7M | $-157.1M | $255.6M | $15.0M | $-20.5M | $-450.0M | $118.4M |