Daily Journal Q3 Revenue Up 15%, But $24M Unrealized Losses Drive Net Loss
DJCO sits 60% above its 52-week low of $348.63 on elevated volume (1.9× avg).
Summary
Daily Journal reported Q3 FY2026 revenue of $27.0M, up 15.3%, with strong growth in Journal Technologies. Net loss of $10.9M was driven by $24.1M in unrealized losses on marketable securities, while operating income improved significantly.
Key Events · Earnings and Guidance · DJCO
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Q3 Revenue Up 15.3%
Total consolidated revenue reached $27.0M, up from $23.4M in the prior-year quarter, driven by 19.5% growth at Journal Technologies.
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Operating Income Nearly Doubles
Income from operations was $5.3M for Q3, up from $3.2M, reflecting strong revenue growth and operating leverage in the technology business.
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Net Loss from Unrealized Securities Losses
Net loss of $10.9M ($7.90 per share) was driven by $24.1M in net unrealized losses on marketable securities, compared to $11.5M in gains a year ago.
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Portfolio Value and Unrealized Gains
Marketable securities totaled $406.0M at fair value as of June 30, 2026, with accumulated pretax unrealized gains of $266.9M.
Analysis · DJCO · Manufacturing
Daily Journal's operating business is strengthening — Journal Technologies revenue grew 19.5% and operating income nearly doubled to $5.3M. But the bottom line swung to a $10.9M loss because of $24.1M in mark-to-market losses on its $406M equity portfolio. That portfolio's unrealized gains still total $266.9M, so the loss is paper, not cash. The real story is the operating leverage: technology revenue is scaling faster than costs, and operating cash flow improved to $12.9M from $8.8M.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 30.2% of the 1644 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.49%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, DJCO was trading at $557.20 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $767.4M. The 52-week trading range was $348.63 to $674.75. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.