Earnings ·
Five Point Holdings, LLC reported second quarter 2026 results for the period ended June 30, 2026, featuring…
FPHFive Point Holdings, LLC
Five Point Holdings, LLC reported second quarter 2026 results for the period ended June 30, 2026, featuring consolidated net income of $29.9 million on revenues of $13.9 million. The company received $79.6 million in distributions and incentive compensation from joint ventures, including $33.1 million from the Gateway Commercial Venture. A significant transaction included the Great Park Venture selling 17.7 acres of commercial land for $159.3 million. As of June 30, 2026, the company held $348.4 million in cash and cash equivalents with total liquidity of $565.9 million. The debt to total capitalization ratio stood at 16.2%. The company maintained its 2026 consolidated net income guidance of approximately $100 million. Five Point Holdings is a real estate developer of large mixed-use planned communities in California.