---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-051504"
form_type: "8-K"
ticker: "JOE"
cik: "0000745308"
company_name: "ST JOE Co"
filed_at: "2026-04-29T23:59:59+00:00"
generated_at: "2026-05-15T02:33:15.647241+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# St. Joe Q1 revenue up 5% to $99.1M; net income down 21% to $13.9M; dividend $0.16

## Summary
- Revenue $99.1M, up 5% YoY; hospitality record $44.7M (+13%); operating income $18.2M (+8%).
- Net income attributable $13.9M ($0.24/share) vs. $17.5M ($0.30) YoY, dragged by lower JV equity income.
- Equity in income from unconsolidated JVs fell to $3.5M from $10.2M, driven by 83 vs. 192 home closings at Latitude Margaritaville Watersound.
- Homesites under contract surged to 3,204 (vs. 952 a year ago); includes PulteGroup contract for up to 2,653 homesites.
- Board declared $0.16/share quarterly dividend payable June 25; quarter saw $5M stock buyback and $10.9M debt repayment.

## SEC filing metadata
- accession: 0001104659-26-051504
- form_type: 8-K
- ticker: JOE
- cik: 0000745308
- company_name: ST JOE Co
- filed_at: 2026-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/745308/000110465926051504/0001104659-26-051504-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/745308/000110465926051504/joe-20260429x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-051504
- JSON: https://secwatch.observer/filing/0001104659-26-051504.json
- Plain text: https://secwatch.observer/filing/0001104659-26-051504.txt

## Key facts
- Earnings Releases
  ST JOE Co reported first quarter ended March 31, 2026 results: revenue $99.1 million.
  - Period: first quarter ended March 31, 2026
  - Revenue: $99.1 million
  - Result: reported results
  source text: AND DECLARES A QUARTERLY DIVIDEND OF $0.16 PER SHARE Highlights for the first quarter of 2026 as compared to the first quarter of 2025: ● Quarterly revenue increased by 5% to $99.1 million from $94.2 million, the Company’s highest first quarter revenue outside of the one-off timberland sale in 2014. ● Hospitality revenue increased by 13% to a first quarter record
  evidence_url: https://www.sec.gov/Archives/edgar/data/745308/000110465926051504/0001104659-26-051504-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.