Tejon Ranch Q4 net income drops to $1.6M; full year $0.1M, revenue up 7%

TEJON RANCH CO

Q4 net income $1.6M ($0.06/sh), down $2.9M from $4.5M ($0.17/sh) in Q4 2024; full year net income $0.1M ($0.00/sh).
Revenue up 8% to $23.3M in Q4; full year revenue +7% to $58.7M; farming segment rev +35% to $18.7M.
Adjusted EBITDA Q4 $11.4M (+9% YoY); full year $25.3M (+8%).
Terra Vista phase 1 completed (228 units); 71% leased as of March 19, 2026.
2026 outlook: pistachio down-bearing year; elevated farming costs; Centennial entitlement advancing.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.85

TEJON RANCH CO reported the fourth quarter and year-ended December 31, 2025 results: revenue $23.3 million, net income $1.6 million ($0.06/share basic and diluted), EPS $0.06/share basic and diluted.

Period: the fourth quarter and year-ended December 31, 2025
Revenue: $23.3 million
Net income: $1.6 million ($0.06/share basic and diluted)
EPS: $0.06/share basic and diluted
Result: reported results

Exact text from the filing

compared to $4.5 million ($0.17/share) in fourth quarter of 2024. • Revenues and other income, including equity in earnings from unconsolidated joint ventures, increased 8% to $23.3 million, compared to $21.6 million. • Farming segment revenues increased 26% to $12.2 million, compared to $9.7 million. • Adjusted EBITDA, a non-GAAP measure, increased 9% to $11.4

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Source: SEC EDGAR

accession 0001193125-26-115207

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