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Maui Land & Pineapple (MLP) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 14, 2026
Maui Land & Pineapple (MLP) reported revenue of $3.7M for the second quarter 2026 (Q2 2026), -20% from a year earlier and +9% from the quarter before. Operating margin was -48.6%, net loss $1.6M (44.0% of revenue).
Maui Land & Pineapple, Q2 2026: revenue $3.7M (-20% year over year), operating margin -48.6%, net loss $1.6M, operating cash flow −$418K. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.7M | +9% | -20% |
| Operating profit | −$1.8M | — | — |
| Net earnings | −$1.6M | — | — |
| Operating cash flow | −$418K | — | — |
What changed
Revenue was $3.7M in Q2 2026, down 20% year over year and up 9% from the previous quarter. Commercial Real Estate Leasing was the largest line at 53% of revenue. Land Development and Sales lost $1.2M year over year (down 84%), 133% of the total change.
Operating costs exceeded revenue by $1.8M, an operating margin of -48.6%. Total costs grew 3% against a revenue fall of 20%. The fastest-growing cost line was General & admin (+64%). The quarter ended with a net loss of $1.6M, narrower than the previous quarter's $2.1M loss.
Operating cash flow was −$418K. Non-cash charges added back $257K of depreciation and $1.0M of share-based compensation. Working capital and other items used $42K. Capital expenditures of $2.2M exceeded it, leaving free cash flow of −$2.6M.
Questions
What was Maui Land & Pineapple's revenue in the second quarter 2026?
Maui Land & Pineapple (MLP) reported revenue of $3.7M for the second quarter 2026 (Q2 2026), -20% from a year earlier and +9% from the quarter before.
Was Maui Land & Pineapple profitable in the second quarter 2026?
Operating loss was $1.8M (-48.6% of revenue) and net loss $1.6M.