FivePoint Holdings said 2025 consolidated net income rose 3% to 183.53 million, while net income attributable to the company increased 4% to 70.97 million. Total revenue fell 54% to 110.02 million, reflecting lower Valencia land sales and reduced Great Park management services revenue, partly offset by contributions from the newly acquired Hearthstone segment. The company ended 2025 with 425.5 million of cash and cash equivalents and 643 million of total liquidity, and noted it reduced outstanding debt by 75 million while refinancing its senior notes. At Great Park Neighborhoods, the venture recorded 781.7 million of residential land sale revenue from 920 homesites and made distributions and participating payments, with FivePoint receiving about 319.9 million. Management said it expects to begin construction on the next phase of infrastructure at Candlestick as early as the first half of 2026.

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