Filing Flows › Tejon Ranch (TRC) › How it makes money
How Tejon Ranch (TRC) makes money
Tejon Ranch (TRC) made $22.6M of revenue in the third quarter 2026 (Q3 2026), +89% from a year earlier. Of every dollar of revenue, 33¢ was left as gross profit, 10¢ was left as operating profit, 15¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $22.6M | 100.0% |
| Cost of revenue | $15.1M | 67.0% |
| Gross profit | $7.5M | 33.0% |
| Operating expenses | $5.1M | 22.5% |
| Operating profit | $2.4M | 10.5% |
| Income tax | $1.4M | 6.4% |
| Net earnings | $3.3M | 14.6% |
| Operating cash flow | $2.6M | 11.7% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $22.6M | +89% |
| Q2 2026 | $14.3M | +72% |
| Q1 2026 | $9.5M | +16% |
| Q4 2025 | $21.1M | +18% |
| Q3 2025 | $12.0M | +10% |
| Q2 2025 | $8.3M | +46% |
| Q1 2025 | $8.2M | +11% |
From Tejon Ranch's 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does Tejon Ranch make money?
Tejon Ranch (TRC) made $22.6M of revenue in the third quarter 2026 (Q3 2026), +89% from a year earlier. Of every dollar of revenue, 33¢ was left as gross profit, 10¢ was left as operating profit, 15¢ was left as net earnings.
What is Tejon Ranch's profit margin?
Net earnings were $3.3M, 14.6% of revenue, in the third quarter 2026; the operating margin was 10.5%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.