--- title: "Alico | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 5.34 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/285988130.md" datetime: "2026-05-11T20:05:36.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285988130.md) - [en](https://longbridge.com/en/news/285988130.md) - [zh-HK](https://longbridge.com/zh-HK/news/285988130.md) generator: "portal-rs" --- # Alico | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 5.34 M Revenue: As of FY2026 Q2, the actual value is USD 5.34 M, beating the estimate of USD 2.45 M. EPS: As of FY2026 Q2, the actual value is USD 1.49, beating the estimate of USD 1.09. EBIT: As of FY2026 Q2, the actual value is USD -7.414 M. Alico, Inc. issued a press release on May 11, 2026, detailing its financial results for the three and six months ended March 31, 2026, though the actual financial results were not included in the Form 8-K announcement itself . ### Overall Financial Performance (Three Months Ended March 31, 2026 vs. 2025) - **Net Income (Loss) Attributable to Alico, Inc. Common Stockholders**: Net income was $11.4 million for the three months ended March 31, 2026, a significant improvement from a net loss of - $111.4 million in the same period of 2025 . This improvement was primarily driven by the sale of approximately 2,950 acres of land for $26.9 million in gross proceeds in 2026, compared to 2,100 acres for $17.9 million in 2025 . - **EBITDA**: EBITDA was $16.7 million in 2026, up from - $14.7 million in 2025 . - **Adjusted EBITDA**: Adjusted EBITDA increased by 32.6% to $16.9 million in 2026 from $12.7 million in 2025 . - **Total Operating Revenues**: Total operating revenues decreased by -70.3% to $5,340 thousand in 2026 from $17,980 thousand in 2025 . - **Net Cash Provided by (Used in) Operating Activities**: Net cash provided by operating activities was $660 thousand in 2026, a decrease of -90.6% from $7,026 thousand in 2025 . ### Overall Financial Performance (Six Months Ended March 31, 2026 vs. 2025) - **Net Income (Loss) Attributable to Alico, Inc. Common Stockholders**: Net income was $7,900 thousand for the six months ended March 31, 2026, a substantial improvement from a net loss of - $120,552 thousand in the prior year period . - **EBITDA**: EBITDA for the six months was $19,130 thousand in 2026, compared to - $21,414 thousand in 2025 . - **Adjusted EBITDA**: Adjusted EBITDA significantly increased by 223.6% to $19,601 thousand in 2026 from $6,057 thousand in 2025 . - **Total Operating Revenues**: Total operating revenues decreased by -79.3% to $7,227 thousand in 2026 from $34,874 thousand in 2025 . - **Net Cash Used in Operating Activities**: Net cash used in operating activities increased to - $4,809 thousand in 2026 from - $571 thousand in 2025, a change of -742.2% . ### Segment Performance #### Alico Citrus - **Operating Revenues (Three Months Ended March 31, 2026 vs. 2025)**: Total operating revenues decreased by -78.0% to $3,791 thousand in 2026 from $17,253 thousand in 2025 . This included a 152.0% increase in Early and Mid-Season revenue to $1,633 thousand and an -86.8% decrease in Valencias revenue to $2,158 thousand . Fresh Fruit and Other, and Grove Management Services revenues both decreased by -100.0% to - $0 in 2026 . - **Operating Expenses (Three Months Ended March 31, 2026 vs. 2025)**: Total operating expenses decreased by -94.7% to $8,894 thousand in 2026 from $167,607 thousand in 2025 . Cost of Sales decreased by -94.8% to $8,752 thousand, and Harvesting and Hauling decreased by -96.8% to $142 thousand . - **Gross Loss (Three Months Ended March 31, 2026 vs. 2025)**: Gross loss improved by -96.6% to - $5,103 thousand in 2026 from - $150,354 thousand in 2025 . - **Operating Revenues (Six Months Ended March 31, 2026 vs. 2025)**: Total operating revenues decreased by -86.1% to $4,674 thousand in 2026 from $33,579 thousand in 2025 . - **Operating Expenses (Six Months Ended March 31, 2026 vs. 2025)**: Total operating expenses decreased by -91.5% to $16,286 thousand in 2026 from $192,718 thousand in 2025 . - **Gross Loss (Six Months Ended March 31, 2026 vs. 2025)**: Gross loss improved by -92.7% to - $11,612 thousand in 2026 from - $159,139 thousand in 2025 . #### Land Management and Other Operations - **Operating Revenues (Three Months Ended March 31, 2026 vs. 2025)**: Revenue increased by 113.1% to $1,549 thousand in 2026 from $727 thousand in 2025, driven by increases in farm lease and sod revenue . - **Operating Expenses (Three Months Ended March 31, 2026 vs. 2025)**: Operating expenses increased to $1,034 thousand in 2026 from $70 thousand in 2025 . - **Operating Revenues (Six Months Ended March 31, 2026 vs. 2025)**: Revenues increased by 97.1% to $2,553 thousand in 2026 from $1,295 thousand in 2025, primarily due to higher farm lease revenue, rock sand royalty, and sod revenue . - **Operating Expenses (Six Months Ended March 31, 2026 vs. 2025)**: Operating expenses increased to $1,083 thousand in 2026 from $91 thousand in 2025 . ### Other Corporate Financial Information - **General and Administrative Expenses**: Decreased by $155 thousand for the three months ended March 31, 2026, primarily due to lower depreciation expense . Increased by $260 thousand for the six months ended March 31, 2026, due to higher contract labor costs and provision for credit losses on citrus receivables, partially offset by lower depreciation . - **Gain on Sale of Property and Equipment**: $19,729 thousand for the three months ended March 31, 2026, compared to $15,847 thousand for the same period in 2025 . $24,669 thousand for the six months ended March 31, 2026, compared to $15,847 thousand for the same period in 2025 . ### Balance Sheet and Liquidity (As of March 31, 2026 vs. September 30, 2025) - **Cash and Cash Equivalents**: $52,879 thousand in 2026 versus $38,128 thousand in 2025 . - **Working Capital**: $52.2 million as of March 31, 2026, with a current ratio of 9.63 to 1.00 . - **Total Debt**: $85.5 million in 2026 versus $85.5 million in 2025 . - **Net Debt**: $32.6 million in 2026 versus $47.4 million in 2025 . - **Available Borrowings**: Approximately $92.5 million under the company’s line of credit as of March 31, 2026 . - **Total Alico Stockholders’ Equity**: $102,382 thousand in 2026 versus $103,032 thousand in 2025 . ### Cash Flow from Investing Activities (Six Months Ended March 31, 2026 vs. 2025) - **Net Proceeds from Sale of Property and Equipment**: $34,829 thousand in 2026 versus $18,874 thousand in 2025 . - **Net Cash Provided by Investing Activities**: $28,551 thousand in 2026 versus $15,963 thousand in 2025 . ### Cash Flow from Financing Activities (Six Months Ended March 31, 2026 vs. 2025) - **Purchases of Common Stock**: - $8,372 thousand in 2026 versus - $0 in 2025 . - **Dividends Paid**: - $766 thousand in 2026 versus - $764 thousand in 2025 . - **Net Cash Used in Financing Activities**: - $8,991 thousand in 2026 versus - $3,369 thousand in 2025 . ### Unique Metrics - **Land Sales**: Alico, Inc. closed a $26.9 million land sale for 2,950 acres in the second quarter of 2026, bringing total year-to-date land sales to $34.6 million . - **Share Repurchases**: The company repurchased 245,399 shares for $10.0 million through April 2026 . - **Farmable Acreage Utilization**: Approximately 97% of Alico, Inc.’s roughly 32,500 farmable agricultural acres are now utilized through diversified land management programs . ### Fiscal Year 2026 Guidance Alico, Inc. anticipates realizing approximately $14 million in Adjusted EBITDA for fiscal year 2026 . The company expects to end the fiscal year with approximately $40 million in cash and net debt of about $45 million . This cash guidance includes the deployment of $10.0 million for the stock repurchase program through April 2026 . ### Related Stocks - [ALCO.US](https://longbridge.com/en/quote/ALCO.US.md) ## Related News & Research - [Alico director Eric H. 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