Limoneira Company Financial Results for Q4 and FY 2025

Limoneira Company reported its financial results for the fourth quarter and full fiscal year ended October 31, 2025. The company experienced a net loss applicable to common stock of $8.8 million ($0.49 per diluted share) for the fourth quarter, compared to a net loss of $2.0 million ($0.11 per diluted share) in the prior year. This was largely due to $6.7 million in strategic transformation costs. For the full fiscal year, the net loss applicable to common stock was $16.5 million ($0.93 per diluted share), a significant decrease from a net income of $7.2 million ($0.40 per diluted share) in fiscal year 2024. Total net revenues for the year decreased to $159.7 million from $191.5 million in the prior year. The company is undergoing strategic initiatives, including a Sunkist partnership and expanding avocado production, which are expected to yield $10 million in savings in fiscal year 2026. Limoneira is also monetizing land and water assets, with a pipeline valued at approximately $40 million for land and $50 to $70 million for water rights. The company anticipates nearly doubling its avocado production capacity in the next three to four years.