Maui Land & Pineapple reports FY2025 operating revenue up 68%; net loss expands on pension funding

MAUI LAND & PINEAPPLE CO INC

GAAP operating loss improved 38% to $4.5M in FY2025 from $7.4M in FY2024.
Leasing revenue up 33% to $12.8M; land development NOI up 416% to $5.8M.
Adjusted EBITDA improved 146% to $1.8M from $0.7M.
Net loss widened to $10.6M due to $6.9M pension expense ($6.6M non-cash) from plan termination.
Cash and investments convertible to cash $5.3M at Dec 31, 2025 vs $9.5M year ago.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

MAUI LAND & PINEAPPLE CO INC reported the year ended December 31, 2025 results: net income ($10.6) million.

Period: the year ended December 31, 2025
Net income: ($10.6) million
Result: reported results

Exact text from the filing

Net loss increased by 43% to ($10.6) million in the year ended December 31, 2025

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Source: SEC EDGAR

accession 0001437749-26-010766

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