AMREP CorporationAXR
▼ NegativeCapitalrelevance
Net income fell to $10.3M from $12.7M year-over-year, despite higher revenues.

AMREP Corporation reported net income of $10,288,000, or $1.91 per diluted share, for its fiscal year ended April 30, 2026, down from $12,716,000, or $2.37 per diluted share, in the prior year. Revenues rose to $52,847,000 from $49,694,000. The company filed its Form 10-K with the Securities and Exchange Commission today. AMREP is a landholder, real estate developer, and homebuilder in New Mexico.
AMREP CorporationNet income fell to $10.3M from $12.7M year-over-year, despite higher revenues.