---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-210595"
form_type: "8-K"
ticker: "TRC"
cik: "0000096869"
company_name: "TEJON RANCH CO"
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T22:26:03.371495+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Tejon Ranch swings to Q1 profit of $0.01/share; revenue up 16%

## Summary
- Net income of $0.2M ($0.01/share) vs net loss of $1.5M ($0.05/share) in Q1 2025.
- Revenue and other income up 16% to $10.8M; operating expenses down 14%.
- Adjusted EBITDA increased to $4.8M from $2.8M in Q1 2025.
- Mineral resources revenue up 36% to $3.5M; operating profit doubled to $1.0M.
- Liquidity $83.9M; construction commenced on 510,500 sq ft Building 1B at TRCC.

## SEC filing metadata
- accession: 0001193125-26-210595
- form_type: 8-K
- ticker: TRC
- cik: 0000096869
- company_name: TEJON RANCH CO
- filed_at: 2026-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/96869/000119312526210595/0001193125-26-210595-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/96869/000119312526210595/d121454d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-210595
- JSON: https://secwatch.observer/filing/0001193125-26-210595.json
- Plain text: https://secwatch.observer/filing/0001193125-26-210595.txt

## Source-grounded claims
- claim_id: 4b5bc9a4300f7363497e63642ee0bb75d8bdfe4c
  claim: TEJON RANCH CO reported the first quarter ended March 31, 2026 results: revenue $10.8 million, net income $0.2 million, EPS $0.01/share basic and diluted.
  evidence_excerpt: TEJON RANCH CO. ANNOUNCES FIRST QUARTER 2026 FINANCIAL RESULTS TEJON RANCH, California - May 7, 2026 - Tejon Ranch Co. (NYSE:TRC), (“Tejon” or the “Company”), a diversified real estate development and agribusiness company, today announced financial results for the first quarter ended March 31, 2026. First Quarter 2026 Financial Highlights • Net income attributable to common stockholders increased by $1.6 million to $0.2 million ($0.01/share basic and diluted), compared to a loss of $1.5 million, ($0.05/share) in the first quarter of 2025. • Revenues and other income, including equity in earnings of unconsolidated joint ventures increased by $1.3 million to $10.8 million, compared to $9.6 million, while overall results also benefited from lower operating expenses compared to the first quarter of 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/96869/000119312526210595/0001193125-26-210595-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.