AMREP FY26 net income falls 19.09% to $10.29 million; revenue rises 6.35% to $52.85 million

Reuters2026/07/24 20:31

By:Reuters

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AMREP posted net income of USD 10.29 million, down 19.09% year over year, with diluted EPS of USD 1.91 versus USD 2.37.
Revenue rose 6.34% to USD 52.85 million, driven by home sale revenue of USD 28.71 million versus USD 21.25 million.
Land sale revenue fell to USD 20.58 million from USD 25.65 million, while operating income edged up to USD 12.39 million from USD 12.11 million.
General and administrative expenses climbed to USD 9.03 million from USD 7.28 million, while interest income, net increased to USD 1.73 million from USD 1.62 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AMREP Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-086659), on July 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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AMREP FY26 net income falls 19.09% to $10.29 million; revenue rises 6.35% to $52.85 million

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