AMREP Corporation (AXR) Income Statement
AXR FY2026 at a glance
Fiscal year ended April 30, 2026 · U.S. dollarsAXR revenue and net income
Where AXR's revenue goes
FY2026Each bar shows an amount and its share of revenue. AXR kept 19.5% of revenue as net income.
AXR profit margins
AXR growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +6.3% | +2.8% | +5.7% | +2.4% |
| Gross profit | −5.7% | +18.0% | +16.5% | −1.7% |
| Operating income | +2.4% | −2.6% | +6.5% | — |
| Net income | −19.1% | −22.1% | +6.8% | — |
| EPS (diluted) | −19.8% | −22.6% | +14.2% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
AXR quarterly EPS vs estimates
AMREP beat the analyst EPS estimate in 2 of the last 5 quarters.
AXR income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $52.8M | $49.7M | $51.4M | $48.7M | $62.5M | $40.1M | $18.8M | $12.8M | $40.2M | $42.4M |
| Cost of revenue | $21.8M | $16.8M | $36.9M | $29.8M | $35.8M | $25.6M | $13.8M | $10.8M | $6.1M | $7.7M |
| Gross profit | $31.0M | $32.9M | $14.5M | $18.9M | $26.7M | $14.5M | $5.0M | $2.1M | $34.1M | $34.7M |
| Research & development | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales, general & admin | $9.0M | $7.3M | $6.9M | $13.1M | $5.4M | $5.4M | $5.9M | $4.2M | $4.9M | $5.1M |
| Total operating expenses | $18.6M | $20.8M | $6.9M | $5.4M | $5.4M | $5.4M | $7.9M | $5.2M | $30.6M | $33.2M |
| Operating income | $12.4M | $12.1M | $7.6M | $13.4M | $21.3M | $9.0M | −$2.9M | −$3.1M | $3.5M | $1.5M |
| Interest income | $1.7M | $1.6M | $823,000 | $8,000 | $2,000 | $40,000 | $334,000 | $52,000 | — | — |
| Interest expense | — | — | — | $57,000 | $2,000 | $40,000 | $182,000 | $25,000 | $5,000 | $333,000 |
| Income before taxes | $14.1M | $13.7M | $8.4M | $7.6M | $21.6M | $10.0M | −$7.6M | −$3.2M | $3.5M | $982,000 |
| Income taxes | $3.8M | $1.0M | $1.7M | −$14.1M | $5.7M | $2.6M | −$1.7M | −$708,000 | $3.2M | $997,000 |
| Net income | $10.3M | $12.7M | $6.7M | $21.8M | $15.9M | $7.4M | −$5.9M | $1.5M | $238,000 | −$15,000 |
| EBITDA | $14.4M | $12.3M | $7.8M | $7.7M | $21.8M | $9.6M | −$7.4M | −$2.5M | −$2.3M | $2.7M |
| EPS (diluted) | $1.90 | $2.37 | $1.25 | $4.10 | $2.30 | $0.98 | −$0.73 | −$0.25 | $0.41 | −$0.07 |
| Gross margin | 58.7% | 66.2% | 28.2% | 38.8% | 42.7% | 36.1% | 26.6% | 16.0% | 84.9% | 81.8% |
| Operating margin | 23.4% | 24.4% | 14.8% | 27.6% | 34.1% | 22.6% | −15.5% | −24.5% | 8.7% | 3.5% |
| Net margin | 19.5% | 25.6% | 13.0% | 44.8% | 25.4% | 18.4% | −31.4% | 11.9% | 0.6% | −0.0% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.1M | $11.0M | $14.6M | $9.4M | $17.9M | $11.2M | $7.5M | $11.9M | $19.1M | $19.5M | $12.7M | $8.9M |
| Cost of revenue | $3.8M | $6.7M | $4.2M | $6.3M | $7.2M | −$3.1M | $3.2M | $4.3M | $12.5M | $13.0M | $10.9M | $6.3M |
| Gross profit | $2.3M | $4.3M | $10.4M | $3.1M | $10.7M | $14.3M | $4.3M | $7.6M | $6.6M | $6.5M | $1.8M | $2.6M |
| Sales, general & admin | $2.4M | $2.3M | $2.9M | $2.0M | $1.8M | $1.9M | $1.9M | $1.8M | $1.6M | $1.9M | $1.9M | $1.5M |
| Total operating expenses | $2.4M | $2.2M | $7.4M | $2.0M | $4.5M | $10.7M | $3.9M | $4.5M | $1.6M | $1.9M | $1.9M | $1.5M |
| Operating income | −$163,000 | $2.1M | $3.0M | $1.1M | $6.1M | $3.5M | $432,000 | $3.1M | $5.0M | $4.7M | −$148,000 | $1.1M |
| Interest income | $448,000 | $426,000 | $393,000 | $459,000 | $456,000 | $355,000 | $410,000 | $576,000 | $281,000 | $350,000 | $262,000 | $163,000 |
| Income before taxes | $285,000 | $2.5M | $3.4M | $1.6M | $6.6M | $3.9M | $842,000 | $3.7M | $5.3M | $5.0M | $114,000 | $1.2M |
| Income taxes | $9,000 | $1.3M | $253,000 | $378,000 | $1.9M | −$3,000 | $125,000 | −$322,000 | $1.2M | $882,000 | $22,000 | $106,000 |
| Net income | $276,000 | $1.2M | $3.1M | $1.2M | $4.7M | $3.9M | $717,000 | $4.0M | $4.1M | $4.1M | $92,000 | $1.1M |
| EBITDA | $363,000 | $2.6M | $3.5M | $1.7M | $6.2M | $3.6M | $466,000 | $3.8M | $5.0M | $4.7M | −$117,000 | $1.1M |
| EPS (diluted) | $0.05 | $0.23 | $0.58 | $0.22 | $0.87 | $0.73 | $0.13 | $0.75 | $0.76 | $0.77 | $0.02 | $0.21 |
| Gross margin | 37.6% | 39.5% | 71.5% | 32.7% | 59.8% | 127.8% | 57.8% | 64.1% | 34.7% | 33.4% | 13.8% | 29.3% |
| Operating margin | −2.7% | 19.2% | 20.6% | 11.9% | 34.4% | 31.7% | 5.7% | 26.4% | 26.1% | 23.9% | −1.2% | 11.9% |
| Net margin | 4.6% | 11.3% | 21.6% | 12.8% | 26.3% | 34.8% | 9.5% | 33.9% | 21.3% | 21.2% | 0.7% | 12.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in AXR's financial statements (latest annual report filed July 24, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
AXR financial results
In fiscal year 2026 (ended April 30, 2026), AMREP reported revenue of $52.8 million, up 6.3% from the year before. It had net income of $10.3 million (down 19.1%), a net profit margin of 19.5%. Diluted earnings per share came to $1.90. Over five years revenue grew at an average rate of 5.7% a year.
See the AXR stock overview for the latest quote and news, or the AXR chart for price history and technical indicators.
AXR income statement FAQ
What is AMREP's annual revenue?
AMREP reported total revenue of $52.8 million for fiscal year 2026, which ended on April 30, 2026. That was up 6.3% from $49.7 million the previous year.
Is AMREP profitable?
Yes. AMREP reported net income of $10.3 million in fiscal 2026, a net profit margin of 19.5%; its operating margin was 23.4%.
What is AMREP's gross margin?
AMREP's gross margin was 58.7% in fiscal 2026: for every $100 of revenue, AMREP kept $59 after the direct cost of its products and services.
How fast is AMREP growing?
Revenue grew 5.7% a year on average over the last five fiscal years, from $40.1 million to $52.8 million.
What are AMREP's earnings per share?
AMREP earned $1.90 per diluted share in fiscal 2026, compared with $2.37 a year earlier.
When does AMREP's fiscal year end?
AMREP's fiscal year ends in April. The latest annual report covers the year ended April 30, 2026 and was filed on July 24, 2026.