Every 10-Q that Alico Inc (ALCO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ALCO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ALCO filings page.
Alico, Inc. reported sharply improved results as it winds down citrus production and shifts toward land leasing and real estate. For the nine months ended June 30, 2026, operating revenues were $16.3 million versus $43.3 million a year earlier, reflecting the Strategic Transformation away from citrus.
Despite lower revenue, Alico posted net income attributable to common stockholders of $10.0 million, compared to a loss of $138.8 million in the prior-year period, driven by much lower depreciation, reduced citrus operating costs, and $24.8 million of gains on land and equipment sales. Cash and cash equivalents rose to $55.6 million, and net debt fell to $29.8 million, aided by the sale of approximately 3,546 acres for $34.6 million.
The company executed a major business mix shift: citrus revenues fell 86.0% year over year for the nine-month period, while land management and other operations revenues increased more than fourfold, supported by contingent lease payments and rock and sand royalties. Alico also repurchased 245,399 shares for $10.0 million and maintained cash dividends of $0.15 per share year to date.
Alico, Inc. reported sharply lower operating revenue as it winds down its citrus division and pivots toward land leasing and real estate development. For the quarter ended March 31, 2026, revenue fell to $5.3 million from $18.0 million, but Alico moved from a large loss to net income of $11.3 million, driven mainly by gains on land sales and much lower depreciation and citrus costs.
The company sold about 2,950 acres of land for $26.9 million in the quarter and has largely exited grove management and fresh fruit resale. Land Management and Other Operations revenue more than doubled as farming and leasing expanded. Alico ended the period with $52.9 million in cash, long-term debt of about $82.7 million, and working capital of $52.2 million, while also repurchasing over 200,000 shares in fiscal 2026. Local approvals for the Corkscrew Grove East Village entitlements advanced its long-term development plans.
Alico, Inc. reported a sharp shift in its business as it winds down its citrus operations and pivots toward land leasing and real estate development. For the quarter ended December 31, 2025, operating revenue fell to $1.9 million from $16.9 million a year earlier, driven by a 94.6% drop in citrus revenue after the Strategic Transformation and termination of its major Tropicana contract.
Despite the revenue collapse, the net loss attributable to common stockholders narrowed to $3.5 million from $9.2 million, helped by a $4.9 million gain on land and equipment sales and lower grove costs. Land Management and Other Operations became the main revenue engine, nearly doubling to $1.0 million on higher rock and sand royalties, farming leases and sod sales.
Alico ended the quarter with $34.8 million in cash and cash equivalents and total debt of about $85.9 million in term loans and credit lines, while remaining in compliance with financial covenants. It also sold roughly 600 acres for $7.7 million during the quarter and later sold about 2,950 citrus acres for $26.9 million in January 2026, reinforcing its transition away from citrus toward diversified land use and development.
Alico, Inc. announced a strategic transformation to wind down its citrus production after the 2024/2025 harvest and reduce the workforce, shifting focus to diversified land usage and real estate development. The company reported total operating revenues of $8.39 million for the three months ended June 30, 2025 and $43.26 million for the nine months, while recognizing a net loss attributable to common stockholders of $18.29 million for the quarter and $138.84 million for the nine months (amounts in thousands).
Material non‑operating items included accelerated depreciation and impairment charges tied to the citrus wind-down (impairment of $24.97 million and accelerated depreciation of ~$40.73 million for the quarter, ~$160.53 million for nine months), gains from land and asset sales, and crop insurance proceeds of $15.97 million in the quarter. Cash and cash equivalents rose to $42.07 million and total assets declined to $210.56 million as of June 30, 2025. The Board authorized a stock repurchase program up to $50.0 million.