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CKX Lands' (CKX) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 10, 2025

CKX Lands' (CKX) reported revenue of $233K for the third quarter 2025 (Q3 2025), +36% from a year earlier and +71% from the quarter before. Operating margin was 48.7%, net earnings $166K (71.5% of revenue).

Revenue$233K
Year over year+36%
Quarter over quarter+71%
Operating margin48.7%
Net earnings$166K

CKX Lands', Q3 2025: revenue $233K (+36% year over year), operating margin 48.7%, net earnings $166K, operating cash flow $242K. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$233K+71%+36%
Operating profit$113K-29%—
Net earnings$166K+3%+207%
Operating cash flow$242K——

What changed

Revenue was $233K in Q3 2025, up 36% year over year and up 71% from the previous quarter.

Operating profit was $113K, a 48.7% margin (up 58.6 points year over year). Total costs fell 37% while revenue rose 36%. Net earnings were $166K, up 207% year over year. The effective tax rate was -1.6%. Non-operating items added $50K, 31% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was $242K, 146% of net earnings. Non-cash charges added back $1K of depreciation and amortization. Working capital and other items added $75K.

Questions

What was CKX Lands''s revenue in the third quarter 2025?

CKX Lands' (CKX) reported revenue of $233K for the third quarter 2025 (Q3 2025), +36% from a year earlier and +71% from the quarter before.

Was CKX Lands' profitable in the third quarter 2025?

Operating profit was $113K (48.7% of revenue) and net earnings $166K.

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Source: CKX Lands' 10-Q on SEC EDGAR.