Five Point Q2 net income rises to $29.9 million from $8.6 million; 2026 guidance unchanged
Five Point Holdings reported second quarter 2026 consolidated net income of $29.9 million, up from $8.6 million a year earlier, on revenues of $13.9 million versus $7.5 million. The company said it is not updating its prior guidance of approximately $100 million in consolidated net income for 2026, and that remaining land sales are expected in the fourth quarter, subject to market conditions. For shareholders, the quarter's gain was driven largely by a $159.3 million land sale by the Great Park Venture, while six-month net income of $25.0 million was below the $69.2 million reported a year earlier.
Key points
- Q2 2026 net income attributable to the Company was $10.9 million, or $0.15 per diluted Class A share, versus $3.3 million, or $0.05, in Q2 2025.
- Six-month 2026 net income was $25.0 million, down from $69.2 million in the first six months of 2025.
- Great Park Venture sold 17.7 acres of commercial land for $159.3 million during the quarter.
- As of June 30, 2026, cash and cash equivalents were $348.4 million and total liquidity was $565.9 million.
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 23, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.