Amrep Corp. (AXR) Financial Statements
Industry: Land Subdividers & Developers (No Cemeteries)
In fiscal 2026, Amrep reported revenue of $52.8M, up 6.3% from $49.7M the year before. Net income was $10.3M (a 19.5% net margin), or $1.91 per diluted share. Gross margin was 23.4% and operating margin was 23.4%. Operating activities generated $12.9M of cash, leaving $12.8M of free cash flow. At fiscal year end, Amrep held $144.8M in total assets against $4.0M in total liabilities, including $52.3M of cash and equivalents.
Open the full interactive Amrep financials → Quarterly statements, key ratios, valuation history and price charts.
Amrep Key Stats
| Share Price | $20.40 |
|---|---|
| Market Cap | $110.0M |
| P/E Ratio | 10.7 |
| Revenue YoY Growth | +6.3% |
| 52-Week Range | $18.80 – $28.39 |
| Shares Outstanding | 5.3 million (basic, 2027 Q1) |
Amrep Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $40.1M | $62.5M | $48.7M | $51.4M | $49.7M | $52.8M |
| Cost of Goods Sold | $31.0M | $41.2M | $42.8M | $43.8M | $37.6M | $40.5M |
| Gross Profit | $9.0M | $21.3M | $5.8M | $7.6M | $12.1M | $12.4M |
| Operating Income | $9.0M | $21.3M | $5.8M | $7.6M | $12.1M | $12.4M |
| Pre-Tax Income | $10.0M | $21.6M | $7.6M | $8.4M | $13.7M | $14.1M |
| Income Tax | $2.6M | $5.7M | -$14.1M | $1.7M | $1.0M | $3.8M |
| Net Income | $7.4M | $15.9M | $21.8M | $6.7M | $12.7M | $10.3M |
| Diluted EPS | $0.95 | $2.21 | $4.11 | $1.25 | $2.37 | $1.91 |
Amrep Quarterly Results
| 2026 Q2 | 2026 Q3 | 2026 Q4 | 2027 Q1 | |
|---|---|---|---|---|
| Revenue | $9.4M | $14.6M | $11.0M | $6.1M |
| Net Income | $1.2M | $3.1M | $1.2M | $276,000 |
| Diluted EPS | $0.22 | $0.58 | $0.23 | $0.05 |
Amrep Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $24.8M | $15.7M | $20.0M | $29.7M | $39.5M | $52.3M |
| Total Assets | $97.4M | $94.9M | $115.9M | $122.8M | $133.8M | $144.8M |
| Total Long-Term Debt | $3.5M | $2.0M | $44,000 | $35,000 | $26,000 | $18,000 |
| Total Liabilities | $8.5M | $11.8M | $4.9M | $4.8M | $3.8M | $4.0M |
| Shareholders' Equity | $88.9M | $83.2M | $111.0M | $118.0M | $130.0M | $140.7M |
Amrep Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $12.6M | $15.5M | $6.4M | $10.7M | $10.2M | $12.9M |
| Cash From Investing | -$5,000 | -$1.2M | -$131,000 | -$457,000 | -$553,000 | -$102,000 |
| Cash From Financing | -$5.3M | -$23.4M | -$2.0M | -$9,000 | -$9,000 | -$8,000 |
| Free Cash Flow | $12.6M | $14.2M | $6.3M | $10.3M | $9.7M | $12.8M |
Figures from Amrep's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Amrep financials page for every line item.
Amrep Company Profile
| Ticker | AXR |
|---|---|
| Exchange | NYSE |
| Industry | Land Subdividers & Developers (No Cemeteries) |
| Headquarters | Havertown, Pennsylvania |
| Incorporated in | Oklahoma |
| Fiscal Year End | April 30 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0000006207 |
Frequently Asked Questions
What was Amrep's revenue in fiscal 2026?
Amrep (AXR) reported revenue of $52.8M for fiscal 2026.
What is Amrep's annual revenue history?
Amrep's annual revenue by fiscal year: 2021: $40.1M; 2022: $62.5M; 2023: $48.7M; 2024: $51.4M; 2025: $49.7M; 2026: $52.8M.
What was Amrep's net income in fiscal 2026?
Amrep reported net income of $10.3M for fiscal 2026.
What was Amrep's earnings per share (EPS) in fiscal 2026?
Amrep's diluted EPS was $1.91 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Amrep generate in fiscal 2026?
Amrep generated $12.8M of free cash flow in fiscal 2026.
What was Amrep's revenue last quarter?
In its most recent reported quarter (2027 Q1), Amrep reported revenue of $6.1M.
How much debt does Amrep have?
Amrep reported $18,000 of long-term debt, including the current portion, at the end of fiscal 2026.
How many shares of Amrep are outstanding?
Amrep reported a weighted average of 5.3 million basic shares outstanding in 2027 Q1.
What is Amrep's market cap?
Based on its latest closing price, Amrep (AXR) has a market capitalization of about $110.0M.
When does Amrep's fiscal year end?
Amrep's fiscal year end, as registered with the SEC, is April 30.
Where is Amrep headquartered?
Amrep lists its business address in Havertown, Pennsylvania in its SEC filings.