Quarterly ResultMay 14, 2026, 04:19 PM
Daily Journal Q2 Revenue +25% to $22.7M; H1 Revenue +18% to $42.3M
AI Summary
Daily Journal Corporation announced its financial results for the second quarter and first half of fiscal 2026. Total consolidated revenue for Q2 increased by 25.0% to $22.7 million, primarily driven by strong growth in its Journal Technologies segment. Income from operations improved significantly, reflecting operating leverage. However, the company reported a net loss for both the quarter and the first half, largely due to net unrealized losses on its marketable securities portfolio, which offset the positive operational performance.
Key Highlights
- Q2 fiscal 2026 total consolidated revenue increased 25.0% to $22.7 million.
- H1 fiscal 2026 total consolidated revenue increased 17.8% to $42.3 million.
- Journal Technologies Q2 revenue grew 32.2% to $18.2 million.
- Journal Technologies H1 revenue grew 22.0% to $33.4 million.
- Q2 income from operations was $3.0 million, up from $1.0 million year-over-year.
- Q2 net loss was $34.6 million, or ($25.14) per share, due to $51.2 million unrealized investment losses.
- H1 net loss was $42.6 million, or ($30.93) per share, due to $62.9 million unrealized investment losses.
- Marketable securities fair value was $430.1 million with $291.0 million accumulated pretax unrealized gains as of March 31, 2026.
Price Impact
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