v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jul. 31, 2026
Jul. 31, 2025
Jul. 31, 2026
Jul. 31, 2025
Net revenues:        
Agribusiness $ 42,165 $ 45,942 $ 81,451 $ 112,376
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] Agribusiness Agribusiness Agribusiness Agribusiness
Other operations $ 1,644 $ 1,536 $ 4,489 $ 4,526
Total net revenues 43,809 47,478 85,940 116,902
Costs and expenses:        
Agribusiness $ 37,252 $ 42,050 $ 83,429 $ 107,253
Cost, Product and Service [Extensible List] Agribusiness Agribusiness Agribusiness Agribusiness
Other operations $ 1,038 $ 1,086 $ 3,120 $ 3,266
Impairment of assets 4,129 0 13,453 0
Gain on sales of water rights 0 0 0 (1,488)
Loss and expected loss on disposal of assets, net 335 15 8,229 27
Other operating income 0 0 (1,114) 0
Selling, general and administrative 4,015 4,957 14,028 17,165
Total costs and expenses 46,769 48,108 121,145 126,223
Operating loss (2,960) (630) (35,205) (9,321)
Other (expense) income:        
Interest income 28 22 152 50
Interest expense, net of patronage dividends (1,114) (410) (2,453) (898)
Equity in earnings (losses) of investments, net 62 274 (149) 867
Other income (expense), net 8 10 (5,935) 26
Total other (expense) income (1,016) (104) (8,385) 45
Loss before income tax benefit (provision) (3,976) (734) (43,590) (9,276)
Income tax benefit (provision) 1,025 (182) 9,002 1,924
Net loss (2,951) (916) (34,588) (7,352)
Net (income) loss attributable to noncontrolling interests, net (42) 61 748 62
Net loss attributable to Limoneira Company (2,993) (855) (33,840) (7,290)
Preferred dividends 0 (125) (125) (376)
Net loss applicable to common stock $ (2,993) $ (980) $ (33,965) $ (7,666)
Basic net loss per common share (in dollars per share) $ (0.17) $ (0.06) $ (1.91) $ (0.43)
Diluted net loss per common share (in dollars per share) $ (0.17) $ (0.06) $ (1.91) $ (0.43)
Weighted-average common shares outstanding-basic (in shares) 17,962 17,854 17,932 17,823
Weighted-average common shares outstanding-diluted (in shares) 17,962 17,854 17,932 17,823