Limoneira Reports Q1 Loss

Agribusiness company cites pretax expenses and non-recurring costs

Mar. 12, 2026 at 9:23pm

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Limoneira Co., an agribusiness company based in Santa Paula, California, reported a loss of $9.4 million in its fiscal first quarter. On a per-share basis, the company had a loss of 53 cents, or 48 cents per share when adjusted for pretax expenses and non-recurring costs. Limoneira posted revenue of $18.2 million in the period.

Why it matters

Limoneira is a major player in the agricultural industry, particularly in the lemon and avocado markets. The company's quarterly financial results provide insight into broader trends and challenges facing the agribusiness sector.

The details

Limoneira, which is headquartered in Santa Paula, California, reported a loss of $9.4 million in its fiscal first quarter. On an adjusted basis, excluding pretax expenses and non-recurring costs, the company's loss was 48 cents per share. Limoneira generated $18.2 million in revenue during the quarter.

  • Limoneira reported its fiscal first quarter results on Thursday, March 12, 2026.

The players

Limoneira Co.

An agribusiness company that specializes in the production and sale of lemons, avocados, and other citrus and subtropical crops.

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The takeaway

Limoneira's first quarter financial results highlight the ongoing challenges facing the agribusiness sector, including the impact of expenses and non-recurring costs on profitability. As a major player in the lemon and avocado markets, Limoneira's performance provides a barometer for the broader agricultural industry.