Filing Flows › Tejon Ranch (TRC) › Q2 2026 › vs Q1 2026
Tejon Ranch (TRC) Q2 2026 vs Q1 2026 (quarter over quarter)
Tejon Ranch's revenue rose $4.8M (+50%) from $9.5M in Q1 2026 to $14.3M in Q2 2026. Gross margin 47.7% against 21.5% (+26.2 pts).
Tejon Ranch, Q2 2026: revenue $14.3M (+72% year over year), operating margin 2.4%, net earnings $2.6M, operating cash flow $1.3M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 47.7% | 21.5% | +26.2 pts |
| Operating margin | 2.4% | -11.9% | +14.3 pts |
| Net margin | 18.5% | 1.6% | +16.9 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $14.3M | $9.5M | $4.8M | +50% |
| Gross profit | $6.8M | $2.0M | $4.8M | +233% |
| Cost of revenue | $7.5M | $7.5M | −$2K | 0% |
| Other income, net | $3.1M | $1.3M | $1.8M | +134% |
| Operating profit | $348K | −$1.1M | $1.5M | — |
| Operating expenses | $6.5M | $3.2M | $3.3M | +103% |
| Pre-tax earnings | $3.5M | $209K | $3.3M | 17× |
| Net earnings | $2.6M | $150K | $2.5M | 18× |
| Income tax | $843K | $59K | $784K | 14× |
| Operating cash sources | $4.6M | $1.8M | $2.8M | +152% |
| Depreciation & amortization | $1.4M | $1.5M | −$82K | -6% |
| Share-based compensation | $531K | $182K | $349K | +192% |
| Working capital & other | $3.3M | −$1.5M | $4.8M | — |
| Operating cash flow | $1.3M | $3.3M | −$2.0M | -61% |
| Capital expenditures | $1.5M | $1.9M | −$387K | -20% |
| Negative free cash flow (OCF − capex) | $210K | −$1.4M | $1.6M | — |
Questions
How much did Tejon Ranch's revenue grow quarter over quarter in Q2 2026?
Tejon Ranch's revenue rose $4.8M (+50%) from $9.5M in Q1 2026 to $14.3M in Q2 2026. Gross margin 47.7% against 21.5% (+26.2 pts).