Amrep 2026 Q1 Earnings Strong Performance as Net Income Surges 15.5%

Amrep(AXR) reported its fiscal 2026 Q1 earnings on Sep 09th, 2025.

Revenue
The total revenue of Amrep decreased by 7.0% to $17.06 million in 2026 Q1, down from $18.34 million in 2025 Q1 .

Earnings/Net Income
Amrep's EPS rose 14.3% to $880.00 in 2026 Q1 from $770.00 in 2025 Q1, marking continued earnings growth. Meanwhile, the company's profitability strengthened with net income of $4.69 million in 2026 Q1, marking 15.5% growth from $4.06 million in 2025 Q1. Remarkably, in 2026 Q1, the company set a new record high for fiscal Q1 net income, the highest in 10 years. Despite the revenue decline, the robust earnings growth underscores strong operational efficiency.

Price Action
The stock price of Amrep has edged down 2.88% during the latest trading day, has edged up 0.97% during the most recent full trading week, and has dropped 5.09% month-to-date.

Post-Earnings Price Action Review


The CEO emphasized the company’s strong first-quarter results, noting that net income increased to $4.69 million, or $0.87 per diluted share, compared to $4.06 million, or $0.76 per diluted share, in the prior year. The CEO acknowledged the inherent variability in land and home sale revenues due to factors such as transaction timing and property types, cautioning that past performance may not predict future outcomes. Strategic priorities remain focused on leveraging New Mexico’s real estate market, optimizing development, and maintaining disciplined financial management. The tone reflected cautious optimism, underscoring the importance of flexibility in navigating market dynamics.


The company did not provide explicit numerical guidance for future periods in the 8-K filing. However, it acknowledged that revenue, average selling prices, and gross margins from land and home sales may vary significantly from period to period due to the nature and timing of transactions, as well as property type and location. The company expects these variables to continue influencing future performance, with no indication of specific expectations for upcoming quarters or fiscal 2026. ”“”

Additional News

Amrep reported its first-quarter earnings, highlighting a significant increase in net income and EPS despite a modest revenue decline. The CEO underscored the importance of strategic initiatives in New Mexico and the need for flexibility in a market influenced by transaction timing and property types. The company, however, did not offer specific guidance for the upcoming quarters, citing the volatility associated with land and home sale activities. In related market news, several Chinese companies made headlines for their involvement in the 2025 International Investment Forum. Notably, Xiaomi and BYD showcased their latest innovations in smart devices and electric vehicles, respectively, drawing attention from global investors. Meanwhile, Alibaba announced a partnership with local governments to boost e-commerce infrastructure in rural regions, aiming to expand its market reach. The news comes amid broader discussions on the role of technology in fostering economic growth and bridging regional development gaps. Additionally, Apple introduced the iPhone 17 series at its recent product launch, featuring advanced camera systems and enhanced AI capabilities, further solidifying its position in the competitive smartphone market. These developments underscore the dynamic nature of the global tech and financial landscape, where innovation and strategic positioning play pivotal roles in shaping market trends.

Article Polishing

Amrep(AXR) reported its fiscal 2026 Q1 earnings on Sep 09th, 2025.

Revenue
The total revenue of Amrep decreased by 7.0% to $17.06 million in 2026 Q1, down from $18.34 million in 2025 Q1 .

Earnings/Net Income
Amrep's EPS rose 14.3% to $880.00 in 2026 Q1 from $770.00 in 2025 Q1, marking continued earnings growth. Meanwhile, the company's profitability strengthened with net income of $4.69 million in 2026 Q1, marking 15.5% growth from $4.06 million in 2025 Q1. Remarkably, in 2026 Q1, the company set a new record high for fiscal Q1 net income, the highest in 10 years. Despite the revenue decline, the robust earnings growth underscores strong operational efficiency.

Price Action
The stock price of Amrep has edged down 2.88% during the latest trading day, has edged up 0.97% during the most recent full trading week, and has dropped 5.09% month-to-date.

Post-Earnings Price Action Review


The CEO emphasized the company’s strong first-quarter results, noting that net income increased to $4.69 million, or $0.87 per diluted share, compared to $4.06 million, or $0.76 per diluted share, in the prior year. The CEO acknowledged the inherent variability in land and home sale revenues due to factors such as transaction timing and property types, cautioning that past performance may not predict future outcomes. Strategic priorities remain focused on leveraging New Mexico’s real estate market, optimizing development, and maintaining disciplined financial management. The tone reflected cautious optimism, underscoring the importance of flexibility in navigating market dynamics.


The company did not provide explicit numerical guidance for future periods in the 8-K filing. However, it acknowledged that revenue, average selling prices, and gross margins from land and home sales may vary significantly from period to period due to the nature and timing of transactions, as well as property type and location. The company expects these variables to continue influencing future performance, with no indication of specific expectations for upcoming quarters or fiscal 2026.