Filing Flows › Limoneira (LMNR) › Q1 FY26
Limoneira (LMNR) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Mar 12, 2026
Limoneira (LMNR) reported revenue of $18.2M for the first quarter fiscal 2026 (Q1 FY26), -47% from a year earlier and -57% from the quarter before. Operating margin was -58.0%, net loss $9.3M (51.2% of revenue).
Limoneira, Q1 FY26: revenue $18.2M (-47% year over year), operating margin -58.0%, net loss $9.3M, operating cash flow −$11.7M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $18.2M | -57% | -47% |
| Operating profit | −$10.6M | — | — |
| Net earnings | −$9.3M | — | — |
| Operating cash flow | −$11.7M | -1346% | — |
What changed
Revenue was $18.2M in Q1 FY26, down 47% year over year and down 57% from the previous quarter.
Operating costs exceeded revenue by $10.6M, an operating margin of -58.0%. Total costs fell 27% while revenue fell 47%. The quarter ended with a net loss of $9.3M, wider than the previous quarter's $9.0M loss.
Operating cash flow was −$11.7M. Non-cash charges added back $2.2M of depreciation and amortization and $344K of share-based compensation. Working capital and other items used $4.9M. Capital expenditures of $3.0M exceeded it, leaving free cash flow of −$14.8M.
Questions
What was Limoneira's revenue in the first quarter fiscal 2026?
Limoneira (LMNR) reported revenue of $18.2M for the first quarter fiscal 2026 (Q1 FY26), -47% from a year earlier and -57% from the quarter before.
Was Limoneira profitable in the first quarter fiscal 2026?
Operating loss was $10.6M (-58.0% of revenue) and net loss $9.3M.
Source: Limoneira 10-Q on SEC EDGAR.