Daily Journal Revenue Climbs 25% to $22.7M While Net Loss Hits $34.6M
DJCO•Daily Journal reported Q2 fiscal 2026 revenue of $22.7M, up 25% year-over-year, with Journal Technologies revenue rising 32% to $18.2M and first-half revenue of $42.3M, up 17.8%. Operating income improved to $3.0M, but a $51.2M unrealized securities loss drove a net loss of $34.6M.
1. Significant Revenue Growth
Daily Journal Corporation achieved total consolidated revenue of $22.7 million in Q2, up 25% from $18.2 million a year earlier, and $42.3 million for the first half, up 17.8%. Journal Technologies led growth with $18.2 million in Q2 revenue, a 32.2% increase, while the traditional publishing business rose 2.3% to $4.5 million.
2. Operating Profit Improves from Leverage
Income from operations rose to $3.0 million in the quarter, compared to $1.0 million a year ago, and to $3.5 million for the first half versus $1.7 million, reflecting operating leverage in the technology segment as recurring license, maintenance and consulting fees expanded.
3. Marketable Securities Losses Drive Net Loss
Net loss was $34.6 million, or $25.14 per share, in Q2 driven primarily by $51.2 million of unrealized losses on marketable securities versus $59.4 million of prior-year gains. The company held $430.1 million in marketable securities at quarter-end, with $291.0 million of accumulated pretax unrealized gains.
