Filing Flows › Kaanapali Land LLC (KANP) › Q4 2025
Kaanapali Land LLC (KANP) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 25, 2026
Kaanapali Land LLC (KANP) reported revenue of $362K for the fourth quarter 2025 (Q4 2025), -38% from a year earlier and -22% from the quarter before. Operating margin was -550.6%, net loss $1.7M (464.6% of revenue).
Kaanapali Land LLC, Q4 2025: revenue $362K (-38% year over year), operating margin -550.6%, net loss $1.7M, operating cash flow −$2.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $362K | -22% | -38% |
| Operating profit | −$2.0M | — | — |
| Net earnings | −$1.7M | — | — |
| Operating cash flow | −$2.2M | — | — |
What changed
Revenue was $362K in Q4 2025, down 38% year over year and down 22% from the previous quarter.
Operating costs exceeded revenue by $2.0M, an operating margin of -550.6%. Total costs grew 14% against a revenue fall of 38%. The fastest-growing cost line was Cost of revenue (+38%). The quarter ended with a net loss of $1.7M, wider than the previous quarter's $538K loss.
Operating cash flow was −$2.2M. Non-cash charges added back $34K of depreciation and amortization. Working capital and other items used $555K. Capital expenditures of $146K exceeded it, leaving free cash flow of −$2.3M.
Questions
What was Kaanapali Land LLC's revenue in the fourth quarter 2025?
Kaanapali Land LLC (KANP) reported revenue of $362K for the fourth quarter 2025 (Q4 2025), -38% from a year earlier and -22% from the quarter before.
Was Kaanapali Land LLC profitable in the fourth quarter 2025?
Operating loss was $2.0M (-550.6% of revenue) and net loss $1.7M.
Source: Kaanapali Land LLC 10-K on SEC EDGAR.