- The St. Joe Company reported strong Q3 2025 performance with **63% growth in revenue** and **130% growth in net income** compared to Q3 2024.  **[0000745308_2216796_1]** 
- Residential real estate revenue increased **94% to $36.8 million** in Q3 2025, with the average homesite base price rising to **$150,000** and gross margin to **53%**.  **[0000745308_2216796_1]**  The company also had **1,992 residential units under contract** by the end of Q3 2025.  **[0000745308_2216796_1]** 
- Recurring revenue streams continued to grow, with leasing revenue reaching an all-time quarterly record of **$16.7 million** (up 7%) and hospitality revenue achieving an all-time third-quarter record of **$60.6 million** (up 9%).  **[0000745308_2216796_1]** 
- The company monetized its Watercress Senior Living property for **$41 million**, generating a **$19.4 million gross profit**.  **[0000745308_2216796_2]**  Capital allocation for Q3 2025 included **$8.7 million for share repurchases** and an **increased quarterly dividend of $0.16 per share**.  **[0000745308_2216796_2]**

The St. Joe Company Reports Strong Q3 2025 Financial Performance

- **Net income attributable to the Company rose 130% to $38.7 million, or $0.67 per share, in Q3 2025**, up from $16.8 million, or $0.29 per share, in Q3 2024.  **[745308_0001104659-25-103723_joe-20251029xex99d1.htm:1]** 
- **Total revenue increased by 63% to $161.1 million in Q3 2025**, compared to $99.0 million in Q3 2024, primarily due to a **199% increase in real estate revenue to $83.8 million**.  **[745308_0001104659-25-103723_joe-20251029xex99d1.htm:1]** 
- The St. Joe Company's Board of Directors **increased the quarterly cash dividend by 14% to $0.16 per share**, payable on December 12, 2025.  **[745308_0001104659-25-103723_joe-20251029xex99d1.htm:0]** **[745308_0001104659-25-103723_joe-20251029x8k.htm:2]** **[745308_0001104659-25-103723_joe-20251029xex99d1.htm:4]** 
- During Q3 2025, the company **repurchased $8.7 million of its common stock** and **repaid a net amount of $28.4 million of debt**.  **[745308_0001104659-25-103723_joe-20251029xex99d1.htm:1]** **[745308_0001104659-25-103723_joe-20251029xex99d1.htm:2]**

The St. Joe Company Reports Strong Q3 2025 Results and Increases Quarterly Dividend

- The St. Joe Company reported a **130% increase in net income** attributable to the Company for the third quarter of 2025, reaching **$38.7 million**, or **$0.67 per share**, compared to $16.8 million, or $0.29 per share, in the third quarter of 2024.  **[745308_6dcc11881a444912bdd57afecac8314f_0]** **[745308_6dcc11881a444912bdd57afecac8314f_3]** 
- Total consolidated revenue for the third quarter of 2025 increased by **63% to $161.1 million** from $99.0 million in the third quarter of 2024, primarily driven by a **199% increase in real estate revenue** to $83.8 million.  **[745308_6dcc11881a444912bdd57afecac8314f_0]** **[745308_6dcc11881a444912bdd57afecac8314f_2]** 
- The Company's Board of Directors declared a cash dividend of **$0.16 per share**, payable on December 12, 2025, which represents a **14% increase** from the third quarter 2025 dividend of $0.14 per share.  **[745308_6dcc11881a444912bdd57afecac8314f_3]** 
- In the third quarter of 2025, the Company funded **$20.4 million in capital expenditures**, repaid a net amount of **$28.4 million of debt**, and repurchased **$8.7 million of its common stock**.  **[745308_6dcc11881a444912bdd57afecac8314f_0]** **[745308_6dcc11881a444912bdd57afecac8314f_6]**

ST JOE (JOE)