Five Point Holdings reported a profitable Q3 2025 with net income of $55.7 million, driven by robust demand in its Great Park Venture, alongside successful strategic initiatives aimed at capital structure optimization.

• Q3 consolidated net income of $55.7 million, primarily from the sale of 326 homesites in Great Park Venture, yielding $201.6 million in net income for the venture.
• Achieved substantial liquidity with $351.1 million cash and $125 million in available credit; extended credit line to $217.5 million through 2029.
• Successfully refinanced $523.5 million of senior notes, lowering borrowing costs with a new 8% coupon versus 10.5% prior.
• Moody's upgraded corporate credit rating and senior notes to B2, reflecting improved financial resilience.
• Continued strong home sales activity with 187 homes sold in Q3 and ongoing land sales strategy to support long-term value in undersupplied California markets.