The St. Joe Company (JOE) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and St. Joe published the results on October 28, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison.

• Q3 2025 included the Watercrest joint venture's sale of its senior living community property, which contributed $41.0 million of revenue and $19.4 million of gross profit, so the two quarters are not like for like.
• Q3 2026 revenue includes $31.4 million, the net present value of a $50.4 million land sale to the Latitude Margaritaville Watersound joint venture. St. Joe eliminated $10.9 million of the resulting profit in its equity in joint venture results; that amount is recognized as the joint venture sells homes.
• The segment table is from the 10-Q (Residential, Hospitality, Commercial, Other). The release instead groups revenue by type: real estate $76.1 million, hospitality $66.0 million and leasing $14.1 million.

Source: St. Joe Q3 2026 results release, October 28, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How St. Joe splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• St. Joe's Residential revenue was $46.2 million in Q3 2026, up 26% from $36.8 million in Q3 2025, 30% of total revenue.
• St. Joe's Hospitality revenue was $67.1 million in Q3 2026, up 9% from $61.7 million in Q3 2025, 43% of total revenue.
• St. Joe's Commercial revenue was $36.4 million in Q3 2026, down 40% from $60.5 million in Q3 2025, 23% of total revenue.
• St. Joe's Other revenue was $6.5 million in Q3 2026, up 204% from $2.1 million in Q3 2025, 4% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP revenue and diluted EPS, each as first reported. Q4 2025 is from St. Joe's fourth-quarter release, which prints revenue to one decimal in millions.

We do not hold a confirmed date for St. Joe's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Oct 28, 2026

St. Joe reported Q3 2026 revenue of $156.2 million, down 3% from $161.1 million. St. Joe reports three segments (residential, hospitality and commercial) plus Other. In the 10-Q, Hospitality was $67.1 million (43.0% of revenue), Residential $46.2 million (29.6%), Commercial $36.4 million (23.3%) and Other $6.5 million (4.1%). (St. Joe Form 10-Q, Q3 2026, Oct 28, 2026; St. Joe Q3 2026 release (8-K Exhibit 99.1), Oct 28, 2026; St. Joe Form 10-K, 2025, Feb 25, 2026)

St. Joe's year-ago quarter included the Watercrest joint venture's $41.0 million sale of its senior living community property, which is why Commercial revenue fell from $60.5 million to $36.4 million and leasing revenue fell 16% to $14.1 million. This quarter's commercial, forestry and hospitality real estate sales totaled $22.5 million and included the WindMark Beach Town Center for $10.3 million. (St. Joe Q3 2026 release (8-K Exhibit 99.1), Oct 28, 2026; St. Joe Form 10-Q, Q3 2026, Oct 28, 2026)

St. Joe recognized $31.4 million of real estate revenue for an additional land sale to the Latitude Margaritaville Watersound joint venture, the net present value of a $50.4 million contractual price that will be paid at an average of $14,400 per unit as homes are sold. The sale adds about 3,500 homesites and takes the planned community to about 7,200 homes. Other residential volume was 80 homesites and 5 townhomes, against 189 homesites and 8 townhomes a year earlier. (St. Joe Q3 2026 release (8-K Exhibit 99.1), Oct 28, 2026)

St. Joe's hospitality revenue rose 9% to a third-quarter record of $66.0 million. Watersound Club revenue rose 14% to $26.4 million and hotel revenue rose 7% to $35.5 million, which the 10-Q attributes to membership and ancillary spend and to higher average daily rate, occupancy and guest incidental spend. St. Joe had 3,831 club members, up 253, and 12 hotels with 1,298 operational rooms. (St. Joe Q3 2026 release (8-K Exhibit 99.1), Oct 28, 2026; St. Joe Form 10-Q, Q3 2026, Oct 28, 2026)

St. Joe's business is concentrated in Northwest Florida. Its unconsolidated joint ventures, whose revenue is not in St. Joe's own figures, had $51.2 million of revenue in the quarter against $57.0 million a year earlier, with 67 completed home sales at Latitude Margaritaville Watersound against 82. (St. Joe Q3 2026 release (8-K Exhibit 99.1), Oct 28, 2026)

St. Joe earned $0.65 per diluted share in Q3 2026, down from $0.67, on net income attributable to the company of $36.9 million against $38.7 million. Operating income rose 16% to $61.5 million, but equity in results of unconsolidated joint ventures swung to a loss of $8.2 million from income of $3.5 million, mainly because of the $10.9 million intra-entity profit elimination on the land sale. (St. Joe Q3 2026 release (8-K Exhibit 99.1), Oct 28, 2026)

St. Joe does not report an adjusted EPS figure. Its one non-GAAP measure is EBITDA, which fell 7% to $64.1 million from $68.8 million. Income tax expense was $12.9 million, an effective tax rate of 25.8% against 25.5% a year earlier. (St. Joe Q3 2026 release (8-K Exhibit 99.1), Oct 28, 2026; St. Joe Form 10-Q, Q3 2026, Oct 28, 2026)

St. Joe repurchased 412,800 shares for $27.2 million in the quarter, an average of $65.82 per share, and $64.9 million over the first nine months. Diluted weighted average shares fell to 56,755,872 from 57,859,155. The board raised the quarterly dividend 13% to $0.18 per share. (St. Joe Form 10-Q, Q3 2026, Oct 28, 2026; St. Joe Q3 2026 release (8-K Exhibit 99.1), Oct 28, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

St. Joe does not publish a revenue or earnings outlook in its release. The figures it does give for future periods are contracted: 1,048 residential homesites under contract outside the Havenry and SouthWood communities, expected to produce about $103.6 million of revenue plus residuals over the next several years, against 1,345 homesites and $137.4 million a year earlier. (St. Joe Q3 2026 release (8-K Exhibit 99.1), Oct 28, 2026)

St. Joe also said the $50.4 million land sale will produce $40.8 million of pre-tax income over time: the $10.9 million eliminated gain as the joint venture closes homes and $19.0 million recognized as interest income. (St. Joe Q3 2026 release (8-K Exhibit 99.1), Oct 28, 2026)

A consensus figure is the average of the models published by the analysts who cover St. Joe, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones St. Joe's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning JOE is on is JOE a buy or a sell?, what analysts expect next is on the JOE forecast, and what the company does is on the The St. Joe Company (JOE) stock page.

Every number on this page can be traced to a document St. Joe published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.