{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-115207","form_type":"8-K","ticker":"TRC","cik":"0000096869","company_name":"TEJON RANCH CO","filed_at":"2026-03-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.104664+00:00","generated_at":"2026-05-15T09:48:28.102414+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Tejon Ranch Q4 net income drops to $1.6M; full year $0.1M, revenue up 7%","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-115207","json":"https://secwatch.observer/filing/0001193125-26-115207.json","markdown":"https://secwatch.observer/filing/0001193125-26-115207.md","text":"https://secwatch.observer/filing/0001193125-26-115207.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/96869/000119312526115207/0001193125-26-115207-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/96869/000119312526115207/d201546d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T09:48:28.102414+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e38db5e8ab8d54501ae4b9c2282bcece76974fd6","claim":"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.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/96869/000119312526115207/0001193125-26-115207-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and year-ended December 31, 2025"},{"label":"Revenue","value":"$23.3 million"},{"label":"Net income","value":"$1.6 million ($0.06/share basic and diluted)"},{"label":"EPS","value":"$0.06/share basic and diluted"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}