AI-extracted from the 10-Q filed 2026-08-12 — Q3 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Daily Journal reported Q3 revenue of $27.0M (+15.3% YoY), driven by Journal Technologies licensing/maintenance and e-filing gains, but posted $10.9M net loss due to $24.1M unrealized securities losses.
Biggest Revenue Drivers
Journal Technologies$22.1M+19.5% YoY
Licensing and maintenance fees up $1.3M, other public service fees (e-filing) up $1.7M, consulting fees up $0.6M from project timing.
Traditional Business$4.8M-0.8% YoY
Advertising revenues down $0.1M, circulation revenues up slightly; newspaper publishing and public notice advertising remain pressured.
Biggest Revenue Drivers
Total revenue: $27.0M+15.3% YoY
Journal Technologies$22.1M+19.5% YoY
Licensing and maintenance fees up $1.3M, other public service fees (e-filing) up $1.7M, consulting fees up $0.6M from project timing.
Traditional Business$4.8M-0.8% YoY
Advertising revenues down $0.1M, circulation revenues up slightly; newspaper publishing and public notice advertising remain pressured.
Largest Expense Items
Salaries and employee benefits$15.4Mflat YoY
Journal Technologies personnel costs offset by decreased Traditional Business personnel costs; annual salary adjustments and hiring for product development.
Other general and administrative expenses$3.3M+123.7% YoY
Higher accounting and consulting fees for remediation of material weaknesses in internal controls over financial reporting.
Outside services$1.5M-14.7% YoY
Decreased contractor services and hosting fees.
Watch Items from the Filing
Marketable securities portfolio of $406.0M concentrated in six companies; $24.1M unrealized loss in Q3 and $87.0M nine-month loss driven by equity market volatility. $266.9M unrealized gains remain but subject to market risk.
Material weaknesses in internal controls over financial reporting remain unresolved as of June 30, 2026; remediation ongoing but not yet deemed effective. Increased accounting/legal fees ($1.5M+) to address segregation of duties and revenue recognition issues.
Journal Technologies (80% of revenues) relies heavily on governmental agencies; approximately 37 states and international presence. Almost all J.T. revenues from courts and justice agencies creates concentration risk.
Margin loan outstanding balance $20.0M as of June 30, 2026 (down from $22.0M), secured by marketable securities; subject to margin calls if securities decline materially. Floating rate at Federal Funds +50bp (4.25% current).
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Officers, directors and 10% owners with a Form 4 filed in the last 24 months, most recent first. From SEC EDGAR.
Conlin Mary MurphyDirectorGrant or award · Dec 16, 2025
Frank JohnDirectorGrant or award · Dec 16, 2025
Rayani RasoolDirectorGrant or award · Dec 12, 2025
About DAILY JOURNAL CORP (DJCO): stock profile, AI score and financials
DAILY JOURNAL CORP (DJCO) stock profile, AI quality score, and SEC EDGAR financial data, a Communication Services sector company. 13F Pro's AI-powered ranking engine scores DJCO at 43.7/100 on a composite quality score built from its SEC filings, placing it at rank #1,959 of 2,925 stocks — the bottom half of the AI-ranked universe. DJCO scores in the top quartile across revenue growth (76.3). Areas of concern include institutional flow (15.0) and revenue scale (15.7), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q3 2026), DAILY JOURNAL CORP reports quarterly revenue of $27.0M, net income of $-10.9M, an operating margin of 19.5%. Top institutional holders of DJCO by reported 13-F value include RWWM, BlackRock, AltraVue Capital, based on the most recent SEC filings. DJCO trades on the Nasdaq exchange and files with the SEC under CIK 783412. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate DJCO daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for DAILY JOURNAL CORP directly from SEC EDGAR.