Filing Flows › Tejon Ranch (TRC) › Q2 2026 › vs Q2 2025
Tejon Ranch (TRC) Q2 2026 vs Q2 2025 (year over year)
Tejon Ranch's revenue rose $6.0M (+72%) from $8.3M in Q2 2025 to $14.3M in Q2 2026. Gross margin 47.7% against 42.6% (+5.1 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 47.7% | 42.6% | +5.1 pts |
| Operating margin | 2.4% | -48.8% | +51.3 pts |
| Net margin | 18.5% | -20.6% | +39.1 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $14.3M | $8.3M | $6.0M | +72% |
| Gross profit | $6.8M | $3.5M | $3.3M | +92% |
| Cost of revenue | $7.5M | $4.8M | $2.7M | +56% |
| Other income, net | $3.1M | $2.8M | $352K | +13% |
| Operating profit | $348K | −$4.1M | $4.4M | — |
| Operating expenses | $6.5M | $7.6M | −$1.1M | -15% |
| Pre-tax earnings | $3.5M | −$1.3M | $4.8M | — |
| Net earnings | $2.6M | −$1.7M | $4.3M | — |
| Income tax | $843K | $435K | $408K | +94% |
| Operating cash sources | $4.6M | $6K | $4.5M | 759× |
| Depreciation & amortization | $1.4M | $1.1M | $296K | +27% |
| Share-based compensation | $531K | $624K | −$93K | -15% |
| Working capital & other | $3.3M | $387K | $2.9M | +741% |
| Operating cash flow | $1.3M | −$381K | $1.7M | — |
| Capital expenditures | $1.5M | $19.6M | −$18.1M | -92% |
| Negative free cash flow (OCF − capex) | $210K | $20.0M | −$19.8M | -99% |
Questions
How much did Tejon Ranch's revenue grow year over year in Q2 2026?
Tejon Ranch's revenue rose $6.0M (+72%) from $8.3M in Q2 2025 to $14.3M in Q2 2026. Gross margin 47.7% against 42.6% (+5.1 pts).