AMREP (NYSE:AXR) reported fiscal 2026 net income of $10,288,000, or $1.91 per diluted share, for the year ended April 30, 2026, compared with net income of $12,716,000, or $2.37 per diluted share, for fiscal 2025.
Revenues were $52,847,000 in fiscal 2026 versus $49,694,000 a year earlier. Basic EPS was $1.93 in 2026 compared with $2.39 in 2025. According to AMREP, detailed results are available in its Form 10-K filed with the SEC. The company notes that revenues, prices and margins from land and home sales can vary significantly between periods. AMREP is a landholder, real estate developer and homebuilder in New Mexico.
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Positive
Revenue growth to $52,847,000 in fiscal 2026 from $49,694,000 in 2025
Continued profitability with net income of $10,288,000 in fiscal 2026
Diluted EPS of $1.91 and basic EPS of $1.93 in fiscal 2026
Negative
Net income decline to $10,288,000 from $12,716,000 year over year
Diluted EPS decreased to $1.91 from $2.37 versus fiscal 2025
Basic EPS decreased to $1.93 from $2.39 year over year
Market Context
Recent insider activity recorded 22731 shares bought and 0 sold. That platform context frames the fi...
Analysis
Recent insider activity recorded 22731 shares bought and 0 sold. That platform context frames the fiscal-year report's higher revenue and weaker bottom line, while transaction timing and property mix remain disclosed sources of variability.
Key Figures
Net income:$10,288,000Diluted EPS:$1.91Revenue:$52,847,000+3 more
6 metrics
Net income$10,288,000Fiscal 2026, vs. $12,716,000 in fiscal 2025
Diluted EPS$1.91Fiscal 2026, vs. $2.37 in fiscal 2025
Revenue$52,847,000Fiscal 2026, vs. $49,694,000 in fiscal 2025
Basic EPS$1.93Fiscal 2026, vs. $2.39 in fiscal 2025
Basic weighted average shares5,337,000 sharesFiscal 2026
Diluted weighted average shares5,393,000 sharesFiscal 2026
Quarterly revenue and net income report drew a 4.36% 24-hour gain.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Pattern Detected
The sole comparable event showed a 4.36% 24-hour gain after positive quarterly results.
Key Terms
diluted share, form 10-k, gross margins, weighted average number of common shares outstanding
4 terms
diluted sharefinancial
"net income of $10,288,000, or $1.91 per diluted share"
Diluted share count is the total number of company shares that would exist if all potential claims that can become stock—such as employee stock options, warrants and convertible bonds—were exercised or converted. Investors use diluted shares to see a more conservative view of ownership and per-share metrics (like earnings per share), because it’s like slicing a cake into more pieces: the same profit spread over more slices makes each slice smaller.
form 10-kregulatory
"financial statements on Form 10-K which have today been filed"
A Form 10-K is a comprehensive report that publicly traded companies are required to file annually with regulators. It provides a detailed overview of a company's financial health, operations, and risks, similar to a detailed health report. Investors use this information to assess the company's performance and make informed decisions about buying or selling its stock.
gross marginsfinancial
"average selling prices and related gross margins from land sales"
Gross margins measure the portion of sales a company keeps after paying the direct costs to make its products or deliver services, expressed as a percentage of revenue. Think of it as the money left from each sale after paying the ingredients — it signals how efficiently a business produces and prices goods, and matters to investors because higher margins generally mean more room to cover other expenses, invest, and generate profit.
weighted average number of common shares outstandingfinancial
"Weighted average number of common shares outstanding – diluted"
The weighted average number of common shares outstanding measures the average number of a company’s common shares that were available during a reporting period, giving each share count a weight based on how long it was outstanding while accounting for issuances, buybacks, splits, and convertible securities. It matters because per-share metrics like earnings per share use this time-weighted average so results reflect changes in the share base the same way an average headcount reflects people who join or leave at different times.
HAVERTOWN, Pa., July 24, 2026 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $10,288,000, or $1.91 per diluted share, for its 2026 fiscal year ended April 30, 2026 compared to net income of $12,716,000, or $2.37 per diluted share, for the same period of the prior year.Revenues were $52,847,000 for fiscal 2026 and $49,694,000 for fiscal 2025.
More information about the Company’s financial performance in 2026 and 2025 may be found in AMREP Corporation’s financial statements on Form 10-K which have today been filed with the Securities and Exchange Commission and will be available on AMREP’s website (www.amrepcorp.com/sec-filings/). As a result of many factors, including the nature and timing of specific transactions and the type and location of land or homes being sold, revenues, average selling prices and related gross margins from land sales or home sales can vary significantly from period to period and prior results are not necessarily a good indication of what may occur in future periods.
AMREP Corporation, through its subsidiaries, is a major holder of land, leading developer of real estate and award-winning homebuilder in New Mexico.
FINANCIAL HIGHLIGHTS
Twelve Months Ended April 30,
2026
2025
Revenues
$
52,847,000
$
49,694,000
Net income
$
10,288,000
$
12,716,000
Income per share – basic
$
1.93
$
2.39
Income per share – diluted
$
1.91
$
2.37
Weighted average number of common shares outstanding – basic
5,337,000
5,318,000
Weighted average number of common shares outstanding – diluted
5,393,000
5,369,000
CONTACT: Adrienne M. Uleau Chief Financial Officer and Vice President (610) 487-0907
FAQ
What were AMREP (NYSE:AXR) fiscal 2026 earnings and revenue?
AMREP reported fiscal 2026 net income of $10,288,000, or $1.91 per diluted share, on revenues of $52,847,000. According to AMREP, these results cover the year ended April 30, 2026 and reflect its land, real estate development and homebuilding operations.
How did AMREP (AXR) fiscal 2026 results compare with fiscal 2025?
AMREP’s fiscal 2026 revenues rose to $52,847,000 from $49,694,000, while net income declined to $10,288,000 from $12,716,000. According to AMREP, diluted EPS decreased to $1.91 in 2026 from $2.37 in 2025, indicating lower profitability despite higher revenue.
What was AMREP (AXR) fiscal 2026 earnings per share?
For fiscal 2026, AMREP reported basic earnings per share of $1.93 and diluted earnings per share of $1.91. According to AMREP, this compares with basic EPS of $2.39 and diluted EPS of $2.37 for fiscal 2025, reflecting year-over-year EPS declines.
How many shares were used in AMREP (AXR) fiscal 2026 EPS calculations?
According to AMREP, the weighted average basic shares outstanding were 5,337,000 and diluted shares were 5,393,000 in fiscal 2026. For fiscal 2025, basic and diluted weighted average shares were 5,318,000 and 5,369,000, respectively, indicating slightly higher share counts year over year.
Where can investors find AMREP (AXR) detailed fiscal 2026 financial statements?
Investors can review AMREP’s detailed fiscal 2026 and 2025 financial statements in its Form 10-K filed with the SEC. According to AMREP, this filing is available on its website at www.amrepcorp.com/sec-filings/, providing full financial and operational disclosures for the periods.
What business does AMREP (AXR) operate to generate its fiscal 2026 results?
According to AMREP, the company is a major holder of land, a leading real estate developer and an award-winning homebuilder in New Mexico. Its fiscal 2026 revenues and earnings come from land sales, real estate development projects and home sales across its New Mexico operations.
