Filing Flows › Tejon Ranch (TRC) › Q3 2026 › vs Q3 2025
Tejon Ranch (TRC) Q3 2026 vs Q3 2025 (year over year)
Tejon Ranch's revenue rose $10.6M (+89%) from $12.0M in Q3 2025 to $22.6M in Q3 2026. Gross margin 33.0% against 30.8% (+2.3 pts).
Tejon Ranch, Q3 2026: revenue $22.6M (+89% year over year), operating margin 10.5%, net earnings $3.3M, operating cash flow $2.6M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 33.0% | 30.8% | +2.3 pts |
| Operating margin | 10.5% | -16.9% | +27.4 pts |
| Net margin | 14.6% | 14.0% | +0.6 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $22.6M | $12.0M | $10.6M | +89% |
| Gross profit | $7.5M | $3.7M | $3.8M | +103% |
| Cost of revenue | $15.1M | $8.3M | $6.9M | +83% |
| Other income, net | $2.4M | $2.7M | −$361K | -13% |
| Operating profit | $2.4M | −$2.0M | $4.4M | — |
| Operating expenses | $5.1M | $5.7M | −$615K | -11% |
| Pre-tax earnings | $4.7M | $699K | $4.0M | +577% |
| Net earnings | $3.3M | $1.7M | $1.6M | +97% |
| Income tax | $1.4M | −$972K | $2.4M | — |
| Operating cash sources | $6.0M | $3.4M | $2.6M | +77% |
| Depreciation & amortization | $2.1M | $1.7M | $438K | +26% |
| Share-based compensation | $530K | $0 | $530K | — |
| Working capital & other | $3.3M | $5.7M | −$2.4M | -42% |
| Operating cash flow | $2.6M | −$2.4M | $5.0M | — |
| Capital expenditures | $6.5M | $32.4M | −$26.0M | -80% |
| Negative free cash flow (OCF − capex) | $3.8M | $34.8M | −$31.0M | -89% |
Questions
How much did Tejon Ranch's revenue grow year over year in Q3 2026?
Tejon Ranch's revenue rose $10.6M (+89%) from $12.0M in Q3 2025 to $22.6M in Q3 2026. Gross margin 33.0% against 30.8% (+2.3 pts).