Filing Flows › Maui Land & Pineapple (MLP) › Q4 2025
Maui Land & Pineapple (MLP) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Apr 1, 2026
Maui Land & Pineapple (MLP) reported revenue of $4.5M for the fourth quarter 2025 (Q4 2025), +33% from a year earlier and 0% from the quarter before. Operating margin was -37.5%, net loss $1.2M (26.1% of revenue).
Maui Land & Pineapple, Q4 2025: revenue $4.5M (+33% year over year), operating margin -37.5%, net loss $1.2M, operating cash flow $3.7M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.5M | 0% | +33% |
| Operating profit | −$1.7M | — | — |
| Net earnings | −$1.2M | -592% | — |
| Operating cash flow | $3.7M | — | 17× |
What changed
Revenue was $4.5M in Q4 2025, up 33% year over year and roughly flat from the previous quarter.
Operating costs exceeded revenue by $1.7M, an operating margin of -37.5%. Total costs grew 19% against revenue growth of 33%. The fastest-growing cost line was Other operating costs (+20%). The quarter ended with a net loss of $1.2M, after a profit of $240K the previous quarter. Non-operating items added $518K, -44% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $3.7M (up 1569% year over year). Non-cash charges added back $304K of depreciation and $1.2M of share-based compensation. Working capital and other items added $3.4M.
Questions
What was Maui Land & Pineapple's revenue in the fourth quarter 2025?
Maui Land & Pineapple (MLP) reported revenue of $4.5M for the fourth quarter 2025 (Q4 2025), +33% from a year earlier and 0% from the quarter before.
Was Maui Land & Pineapple profitable in the fourth quarter 2025?
Operating loss was $1.7M (-37.5% of revenue) and net loss $1.2M.