Tejon Ranch Q1 FY26 net income turns to USD 150,000; mineral resources revenue rises 36% to USD 3.53 million
Tejon Ranch Co. TRC | 0.00 |
- Tejon Ranch posted net income attributable to common stockholders of $151,000 for quarter ended March 31, 2026, swinging from a net loss of $1.46 million a year earlier.
- Adjusted EBITDA rose to $4.79 million from $2.84 million, reflecting lower corporate general and administrative costs and higher mineral resources revenue.
- Mineral resources revenue climbed 36% to $3.53 million on higher water sales, lifting segment operating income to $1.05 million.
- Commercial/industrial revenue was little changed at $2.76 million, while multifamily revenue was $696,000 as Terra Vista at Tejon continued lease-up and reached about 71% leased as of March 31, 2026.
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: 0001628280-26-033234), on May 11, 2026, and is solely responsible for the information contained therein.
