Tejon Ranch Q2 2026 Earnings: Land Sale Helps Restore Profitability

Tejon Ranch’s Q2 2026 revenue increased about 72% year over year to $14.3 million, while diluted EPS improved to $0.10 from a $0.06 loss. Net income attributable to common stockholders reached $2.6 million, and adjusted EBITDA rose 46% to $8.4 million. The quarter benefited from a $6.9 million land sale tied to the Dedeaux Properties joint venture, lower corporate expenses, and growth in multifamily, mineral resources, and ranch operations. Investors should monitor land-sale timing, Terra Vista leasing, development spending, and farming yield uncertainty after unfavorable bloom-period rainfall.