---
title: "Tejon Ranch Co 1Q 2026: Revenue ($1.13M), Net income $151K, EPS $0.01— 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285973185.md"
description: "Tejon Ranch Co reported its Q1 2026 results, showing revenue of ($1.13M) and net income of $151K, a significant improvement from the prior year's revenue of ($4.17M) and net loss of ($1.46M). Diluted EPS rose to $0.01 from ($0.05). Key business highlights include strong commercial/industrial momentum, a 36% increase in mineral revenues, and a 24% rise in ranch revenues. However, farming revenue fell by 42% due to lower almond sales. The company continues to diversify its operations with new projects and joint ventures."
datetime: "2026-05-11T16:21:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285973185.md)
  - [en](https://longbridge.com/en/news/285973185.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285973185.md)
generator: "portal-rs"
---

# Tejon Ranch Co 1Q 2026: Revenue ($1.13M), Net income $151K, EPS $0.01— 10-Q Summary

Tejon Ranch Co reported results for the first quarter of fiscal 2026, with revenue of ($1.13M) and net income of $151K, compared with revenue of ($4.17M) and a net loss of ($1.46M) in the prior-year quarter. Diluted EPS was $0.01 versus ($0.05) a year earlier.

**Financial Highlights**

Metric

Current quarter

Prior year quarter

YoY change

Revenue¹

($1.13M)

($4.17M)

72.9%

Net income²

$151K

($1.46M)

110.3%

Diluted EPS³

$0.01

($0.05)

120%

*¹ Reported as “Revenues”. ² Reported as “Net income (loss) attributable to common stockholders”. ³ Reported as “Net income (loss) per share attributable to common stockholders, diluted”.*

**Business Highlights**

-   Commercial/Industrial Momentum: Tejon Ranch's TRCC remains the primary revenue driver with about 3.4M square feet of GLA largely leased and continued industrial expansion.
-   Multifamily Launch: Terra Vista began lease-up in 2025 and was 71% leased as of March 31, 2026, contributing recurring rental revenue and NOI diversification.
-   Mineral & Water Growth: Mineral revenues rose 36% year over year to $3.53M, led by a 43% increase in water sales and higher rock and cement volumes.
-   Farming Operations Shift: Farming revenue declined 42% year over year due to lower almond carryover sales, while planting expanded with additional olive acreage to diversify crops.
-   Ranch & JV Performance: Ranch revenues increased 24% year over year from game management, and equity earnings from joint ventures supported consolidated operating cash flow.

Original SEC Filing: TEJON RANCH CO \[ TRC \] - 10-Q - May. 11, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**