Tejon Ranch (TRC) Q3 FY2026 earnings: revenue $23 million, up 88.9% on the year
Tejon Ranch Co. (TRC) reported revenue of $23 million for Q3 FY2026, the quarter ended 30 September 2026, up 88.9% on the same quarter a year earlier. Net income was $3 million, up 97.6% on the year, and diluted earnings per share $0.12. The figures are the company's own, from the 10-Q it filed with the SEC on 5 November 2026.
Revenue
$23 million
+88.9% on the year · +58.6% on the quarter
Q4 FY2024Q3 FY2026
Operating margin
10.5%
-16.9% a year earlier
Q4 FY2024Q3 FY2026
Net income
$3 million
+97.6% on the year · +25.2% on the quarter
Q4 FY2024Q3 FY2026
Diluted EPS
$0.12
+100.0% on the year · +20.0% on the quarter
Q4 FY2024Q3 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
What management said
Guidance figures: 1 kept.
Net income attributable rose: Net income attributable to common stockholders was $3.3 million, or $0.12 per share basic and diluted, up $1.6 million from $1.7 million, or $0.06 per share, a year earlier.
Revenue and other income rose: Revenues and other income, including equity in earnings of unconsolidated joint ventures, totaled $25.0 million, up $10.3 million from $14.7 million a year earlier.
Adjusted EBITDA reached $10.4 million: Adjusted EBITDA, a non-GAAP measure, was $10.4 million, up $5.1 million from $5.3 million in the third quarter of 2025. Stock compensation of $527,000 was excluded from the measure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Operating cash flow
2.6
1.3
-2.4
+103.8%
Capital expenditure
1.2
1.5
12.2
-22.2%
-90.4%
Free cash flow
1.5
-0.2
-14.6
Free cash flow margin
6.5%
-1.5%
-122.2%
Cash from investing
-2.9
-2.4
-6.5
Cash from financing
-1.5
0.3
10.0
Depreciation and amortisation
2.1
1.4
1.7
+53.0%
+25.9%
Share-based compensation
0.5
0.5
n/a
-0.2%
Diluted shares, weighted
27m
27m
27m
+0.0%
+0.5%
Shares outstanding at period end
27m
27m
27m
+0.1%
+0.5%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Shareholders' equity
481
478
473
+0.8%
+1.7%
Non-controlling interest
15.4
15.4
15.4
-0.0%
-0.0%
Debt
94.4
95.9
91.9
-1.6%
+2.7%
Other liabilities
56.0
50.7
49.1
+10.6%
+14.3%
Total liabilities and equity
647
640
630
+1.2%
+2.8%
Fixed assets
60.8
60.4
59.4
+0.8%
+2.5%
Intangible assets
16.6
17.0
18.0
-2.0%
-7.6%
Investments
6.2
11.2
17.5
-44.7%
-64.6%
Cash and equivalents
2.6
3.9
3.6
-32.7%
-27.1%
Receivables
14.5
2.6
5.1
+450.0%
+185.9%
Inventory
5.8
9.4
8.2
-38.6%
-29.9%
Other assets
541
535
518
+1.1%
+4.4%
Total assets
647
640
630
+1.2%
+2.8%
Questions
What was Tejon Ranch's revenue in Q3 FY2026?
Tejon Ranch (TRC) reported revenue of $23 million for Q3 FY2026, the quarter ended 30 September 2026, up 88.9% on the same quarter a year earlier.
How much did Tejon Ranch earn in Q3 FY2026?
Net income for Q3 FY2026 was $3 million, up 97.6% on the year, and diluted earnings per share $0.12.
When did Tejon Ranch report Q3 FY2026 results?
Tejon Ranch filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 5 November 2026.
Each quarter as filed, linked to its filing. Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.
10-Q for the period ended 30 September 2026, filed 5 November 2026: the filing.