Tejon Ranch Q2 FY26 swings to net profit of $2.6 million; revenue rises 56.76% to $17.4 million

Reuters2026/08/06 12:02

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Tejon Ranch posted net income attributable to common stockholders of USD 2.6 million (USD 0.10 a share), swinging from a USD 1.7 million loss.
Revenue and other income, including equity in earnings of unconsolidated joint ventures, rose 56.76% to USD 17.4 million.
Adjusted EBITDA (non-GAAP) climbed 47.37% to USD 8.4 million as year-to-date corporate expenses fell to USD 4.7 million.
Commercial/industrial segment revenue increased to USD 9.7 million, driven primarily by a USD 6.9 million Dedeaux land sale tied to a new industrial joint venture.
TRCC industrial portfolio stayed 100% leased; construction started on Building 1B, adding about 510,500 square feet with delivery targeted for early 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tejon Ranch Co. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-336791), on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Tejon Ranch Q2 FY26 swings to net profit of $2.6 million; revenue rises 56.76% to $17.4 million

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