Daily Journal Corp
DJCO Nasdaq Newspapers: Publishing Or Publishing & Printing Financials FY2016–FY2025
Revenue
Total sales reported in the income statement.
$87.7M
25.4%
vs prior year
Operating margin
Operating income as a share of revenue.
10.9%
5.0 pts
Net income
Profit after all expenses, interest and tax.
$112M
43.6%
Free cash flow
Cash from operations minus capital spending.
$13.3M
Return on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
—
Market cap
Last close times the latest diluted share count, so it is approximate.
—
P/E
Last close divided by diluted earnings per share over the last four quarters.
—
On −$8.23 EPS (TTM)
What Daily Journal Corp does
No business description yet.
- Legal name
- DAILY JOURNAL CORP
- Fiscal year ends
- September 30, 2025
- Latest annual report
- 10-K · Dec 29, 2025
- Accession · CIK
- 0001437749-25-038836
0000783412
Revenue and margins
Daily Journal Corp had $87.7M of revenue in fiscal 2025, up 25.4% on the year before.
FY16
Revenue $41.6M
FY17
Revenue $41.4M
FY18
Revenue $40.7M
FY19
Revenue $48.7M
FY20
Revenue $49.9M
FY21
Revenue $49.9M
FY22
Revenue $54.0M
FY23
Revenue $67.7M
FY24
Revenue $69.9M
FY25
Revenue $87.7M
Q4 '23
Revenue $21.6M
Q1 '24
Revenue $16.0M
Q2 '24
Revenue $16.6M
Q3 '24
Revenue $17.5M
Q4 '24
Revenue $19.9M
Q1 '25
Revenue $17.7M
Q2 '25
Revenue $18.2M
Q3 '25
Revenue $23.4M
Q4 '25
Revenue $28.4M
Q1 '26
Revenue $19.5M
Q2 '26
Revenue $22.7M
Q3 '26
Revenue $27.0M
FY16
Gross —
Operating −16.0%
Net −2.5%
FCF −6.1%
FY17
Gross —
Operating −31.8%
Net −2.2%
FCF −7.0%
FY18
Gross —
Operating −34.5%
Net 20.1%
FCF −5.1%
FY19
Gross —
Operating −37.5%
Net −51.8%
FCF 3.0%
FY20
Gross —
Operating −2.6%
Net 8.1%
FCF 4.3%
FY21
Gross —
Operating 4.3%
Net 226.1%
FCF 6.5%
FY22
Gross —
Operating 3.7%
Net −39.7%
FCF −9.8%
FY23
Gross —
Operating 9.8%
Net 31.7%
FCF 22.2%
FY24
Gross —
Operating 5.8%
Net 111.7%
FCF −0.2%
FY25
Gross —
Operating 10.9%
Net 127.9%
FCF 15.2%
Gross
Operating
Net
FCF
Q4 '23
Gross —
Operating 15.9%
Net −30.1%
FCF 30.9%
Q1 '24
Gross —
Operating 3.9%
Net 78.9%
FCF −7.3%
Q2 '24
Gross —
Operating 3.8%
Net 93.0%
FCF −22.1%
Q3 '24
Gross —
Operating 6.2%
Net 133.5%
FCF 9.2%
Q4 '24
Gross —
Operating 8.7%
Net 134.5%
FCF 15.5%
Q1 '25
Gross —
Operating 4.2%
Net 61.5%
FCF 12.5%
Q2 '25
Gross —
Operating 5.3%
Net 245.8%
FCF −3.1%
Q3 '25
Gross —
Operating 13.8%
Net 61.6%
FCF 30.7%
Q4 '25
Gross —
Operating 16.2%
Net 148.3%
FCF 15.9%
Q1 '26
Gross —
Operating 2.4%
Net −40.8%
FCF −10.0%
Q2 '26
Gross —
Operating 13.2%
Net −152.5%
FCF 18.0%
Q3 '26
Gross —
Operating 19.5%
Net −40.4%
FCF 39.4%
Gross
Operating
Net
FCF
Net income and earnings per share
Loss periods are shown in red.
FY16
Net income −$1.0M
FY17
Net income −$0.9M
FY18
Net income $8.2M
FY19
Net income −$25.2M
FY20
Net income $4.0M
FY21
Net income $113M
FY22
Net income −$21.5M
FY23
Net income $21.5M
FY24
Net income $78.1M
FY25
Net income $112M
Q4 '23
Net income −$6.5M
Q1 '24
Net income $12.6M
Q2 '24
Net income $15.4M
Q3 '24
Net income $23.4M
Q4 '24
Net income $26.7M
Q1 '25
Net income $10.9M
Q2 '25
Net income $44.7M
Q3 '25
Net income $14.4M
Q4 '25
Net income $42.2M
Q1 '26
Net income −$8.0M
Q2 '26
Net income −$34.6M
Q3 '26
Net income −$10.9M
FY16
Diluted EPS −$0.76
FY17
Diluted EPS −$0.66
FY18
Diluted EPS $5.94
FY19
Diluted EPS −$18.26
FY20
Diluted EPS $2.93
FY21
Diluted EPS $81.77
FY22
Diluted EPS —
FY23
Diluted EPS —
FY24
Diluted EPS $56.73
FY25
Diluted EPS $81.41
Q4 '23
Diluted EPS —
Q1 '24
Diluted EPS —
Q2 '24
Diluted EPS —
Q3 '24
Diluted EPS —
Q4 '24
Diluted EPS —
Q1 '25
Diluted EPS $7.91
Q2 '25
Diluted EPS $32.43
Q3 '25
Diluted EPS $10.47
Q4 '25
Diluted EPS $30.60
Q1 '26
Diluted EPS −$5.79
Q2 '26
Diluted EPS −$25.14
Q3 '26
Diluted EPS −$7.90
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
FY16
Return on capital —
Return on equity −0.8%
Return on assets −0.5%
FY17
Return on capital —
Return on equity −0.6%
Return on assets −0.4%
FY18
Return on capital —
Return on equity 5.1%
Return on assets 3.0%
FY19
Return on capital —
Return on equity −16.8%
Return on assets −10.1%
FY20
Return on capital —
Return on equity 2.9%
Return on assets 1.7%
FY21
Return on capital —
Return on equity 57.0%
Return on assets 36.4%
FY22
Return on capital —
Return on equity −9.9%
Return on assets −6.1%
FY23
Return on capital —
Return on equity 11.3%
Return on assets 6.4%
FY24
Return on capital —
Return on equity 32.6%
Return on assets 20.6%
FY25
Return on capital —
Return on equity 33.5%
Return on assets 23.6%
Return on capital
Return on equity
Return on assets
Cash flow
Free cash flow was $13.3M in fiscal 2025, 15.2% of revenue. Cash from operations minus capital spending.
FY16
Free cash flow −$2.6M
FY17
Free cash flow −$2.9M
FY18
Free cash flow −$2.1M
FY19
Free cash flow $1.5M
FY20
Free cash flow $2.2M
FY21
Free cash flow $3.3M
FY22
Free cash flow −$5.3M
FY23
Free cash flow $15.0M
FY24
Free cash flow −$0.1M
FY25
Free cash flow $13.3M
Q4 '23
Free cash flow $6.7M
Q1 '24
Free cash flow −$1.2M
Q2 '24
Free cash flow −$3.7M
Q3 '24
Free cash flow $1.6M
Q4 '24
Free cash flow $3.1M
Q1 '25
Free cash flow $2.2M
Q2 '25
Free cash flow −$0.6M
Q3 '25
Free cash flow $7.2M
Q4 '25
Free cash flow $4.5M
Q1 '26
Free cash flow −$1.9M
Q2 '26
Free cash flow $4.1M
Q3 '26
Free cash flow $10.6M
FY16
Cash from operations $1.2M
Capital spending $3.8M
FY17
Cash from operations −$2.7M
Capital spending $0.3M
FY18
Cash from operations −$1.9M
Capital spending $0.2M
FY19
Cash from operations $1.6M
Capital spending $0.2M
FY20
Cash from operations $2.3M
Capital spending $0.2M
FY21
Cash from operations $3.3M
Capital spending $0.0M
FY22
Cash from operations −$5.3M
Capital spending $0.0M
FY23
Cash from operations $15.1M
Capital spending $0.1M
FY24
Cash from operations −$0.1M
Capital spending $0.0M
FY25
Cash from operations $13.3M
Capital spending $0.0M
Cash from operations
Capital spending
Q4 '23
Cash from operations $6.7M
Capital spending $0.0M
Q1 '24
Cash from operations −$1.2M
Capital spending $0.0M
Q2 '24
Cash from operations −$3.7M
Capital spending $0.0M
Q3 '24
Cash from operations $1.6M
Capital spending −$0.0M
Q4 '24
Cash from operations $3.1M
Capital spending $0.0M
Q1 '25
Cash from operations $2.2M
Capital spending $0.0M
Q2 '25
Cash from operations −$0.6M
Capital spending $0.0M
Q3 '25
Cash from operations $7.2M
Capital spending $0.0M
Q4 '25
Cash from operations $4.5M
Capital spending $0.0M
Q1 '26
Cash from operations −$1.9M
Capital spending $0.0M
Q2 '26
Cash from operations $4.1M
Capital spending $0.0M
Q3 '26
Cash from operations $10.8M
Capital spending $0.1M
Cash from operations
Capital spending
Dividends, buybacks and share count
Daily Journal Corp returned — to shareholders in fiscal 2025. The diluted share count rose 0.0%.
FY16
Dividends —
Buybacks —
FY17
Dividends —
Buybacks —
FY18
Dividends —
Buybacks —
FY19
Dividends —
Buybacks —
FY20
Dividends —
Buybacks —
FY21
Dividends —
Buybacks —
FY22
Dividends —
Buybacks —
FY23
Dividends —
Buybacks —
FY24
Dividends —
Buybacks —
FY25
Dividends —
Buybacks —
Dividends
Buybacks
FY16
Diluted shares 0.00B
FY17
Diluted shares 0.00B
FY18
Diluted shares 0.00B
FY19
Diluted shares 0.00B
FY20
Diluted shares 0.00B
FY21
Diluted shares 0.00B
FY22
Diluted shares —
FY23
Diluted shares —
FY24
Diluted shares 0.00B
FY25
Diluted shares 0.00B
Balance sheet
Cash, debt and the ratios that show how comfortably Daily Journal Corp can carry it.
FY16
Cash $11.4M
Debt —
FY17
Cash $233M
Debt —
FY18
Cash $222M
Debt —
FY19
Cash $203M
Debt —
FY20
Cash $206M
Debt —
FY21
Cash $360M
Debt —
FY22
Cash $289M
Debt —
FY23
Cash $324M
Debt —
FY24
Cash $372M
Debt —
FY25
Cash $514M
Debt —
Cash
Debt
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $360M | $289M | $324M | $372M | $514M |
| Current ratio | 10.9x | 9.2x | 8.2x | 10.3x | 13.9x |
| Quick ratio | 10.9x | 9.2x | 8.2x | 10.3x | 13.9x |
| Total assets | $383M | $319M | $355M | $404M | $548M |
| Total liabilities | $128M | $140M | $154M | $125M | $157M |
| Shareholders' equity | $255M | $179M | $200M | $279M | $391M |
| Net debt (− = net cash) | — | — | — | — | — |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.
| Test | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | ✕ | ✕ | ✓ | ✕ | ✓ | ✓ | ✕ | ✓ | ✓ | ✓ |
| Cash from operations is positive | ✓ | ✕ | ✕ | ✓ | ✓ | ✓ | ✕ | ✓ | ✕ | ✓ |
| Return on assets rose | — | ✓ | ✓ | ✕ | ✓ | ✓ | ✕ | ✓ | ✓ | ✓ |
| Cash from operations exceeds net income | ✓ | ✕ | ✕ | ✓ | ✕ | ✕ | ✓ | ✕ | ✕ | ✕ |
| Debt fell relative to assets | — | — | — | — | — | — | — | — | — | — |
| Current ratio rose | — | ✓ | ✕ | ✕ | ✓ | ✓ | ✕ | ✕ | ✓ | ✓ |
| Share count didn't rise | — | ✓ | ✓ | ✓ | ✓ | ✓ | — | — | — | ✕ |
| Gross margin rose | — | — | — | — | — | — | — | — | — | — |
| Revenue rose relative to assets | — | ✕ | ✓ | ✓ | ✓ | ✕ | ✓ | ✓ | ✕ | ✕ |
| F-score | — / 3 | 3 / 7 | 4 / 7 | 4 / 7 | 6 / 7 | 5 / 7 | — / 6 | — / 6 | — / 6 | 4 / 7 |
| Accruals ratio | −1.0% | 0.7% | 3.7% | −10.7% | 0.7% | 35.3% | −4.6% | 1.9% | 20.6% | 20.8% |
| Altman Z'' | 5.44 | 6.78 | 6.86 | 7.84 | 8.59 | 10.08 | 8.86 | 8.92 | 10.43 | 11.02 |
10 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $41.6M | $41.4M | $40.7M | $48.7M | $49.9M | $49.9M | $54.0M | $67.7M | $69.9M | $87.7M |
| Operating income | −$6.6M | −$13.2M | −$14.1M | −$18.2M | −$1.3M | $2.2M | $2.0M | $6.7M | $4.1M | $9.5M |
| Pretax income | −$3.0M | −$8.1M | −$11.3M | −$31.5M | $4.2M | $153M | −$103M | $28.1M | $104M | $150M |
| Income tax | −$1.9M | −$7.2M | −$19.5M | −$6.3M | $0.2M | $40.2M | −$26.9M | $6.7M | $26.2M | $38.0M |
| Net income | −$1.0M | −$0.9M | $8.2M | −$25.2M | $4.0M | $113M | −$21.5M | $21.5M | $78.1M | $112M |
| Diluted EPS | −$0.76 | −$0.66 | $5.94 | −$18.26 | $2.93 | $81.77 | — | — | $56.73 | $81.41 |
| Diluted shares | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | — | — | 0.00B | 0.00B |
| Cash flow | ||||||||||
| Cash from operations | $1.2M | −$2.7M | −$1.9M | $1.6M | $2.3M | $3.3M | −$5.3M | $15.1M | −$0.1M | $13.3M |
| Capital expenditure | $3.8M | $0.3M | $0.2M | $0.2M | $0.2M | $0.0M | $0.0M | $0.1M | $0.0M | $0.0M |
| Free cash flow | −$2.6M | −$2.9M | −$2.1M | $1.5M | $2.2M | $3.3M | −$5.3M | $15.0M | −$0.1M | $13.3M |
| Depreciation and amortization | $5.7M | $5.6M | $3.7M | $0.6M | $0.5M | $0.5M | $0.4M | $0.3M | $0.3M | $0.3M |
| Stock-based compensation | — | — | — | — | — | — | — | — | $0.2M | $0.1M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $11.4M | $233M | $222M | $203M | $206M | $360M | $289M | $324M | $372M | $514M |
| Current assets | $184M | $240M | $227M | $213M | $216M | $372M | $309M | $345M | $394M | $538M |
| Current liabilities | $64.9M | $24.1M | $27.3M | $30.7M | $28.0M | $34.0M | $33.6M | $42.2M | $38.4M | $38.8M |
| Inventory | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.1M | $0.1M | $0.0M | — |
| Property and equipment, net | $12.1M | $11.6M | $11.2M | $10.8M | $10.5M | $10.0M | $9.6M | $9.4M | $9.3M | $8.9M |
| Goodwill | $13.4M | $13.4M | $13.4M | — | — | — | — | — | — | — |
| Intangible assets | $8.0M | $3.1M | — | — | — | — | — | — | — | — |
| Total assets | $225M | $281M | $264M | $237M | $239M | $383M | $319M | $355M | $404M | $548M |
| Total liabilities | $100M | $121M | $101M | $99.7M | $96.8M | $128M | $140M | $154M | $125M | $157M |
| Preferred stock | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Shareholders' equity | $125M | $160M | $163M | $138M | $142M | $255M | $179M | $200M | $279M | $391M |
| Margins | ||||||||||
| Operating margin | −16.0% | −31.8% | −34.5% | −37.5% | −2.6% | 4.3% | 3.7% | 9.8% | 5.8% | 10.9% |
| EBITDA margin | −2.2% | −18.3% | −25.5% | −36.2% | −1.5% | 5.3% | 4.4% | 10.2% | 6.2% | 11.2% |
| Net margin | −2.5% | −2.2% | 20.1% | −51.8% | 8.1% | 226.1% | −39.7% | 31.7% | 111.7% | 127.9% |
| FCF margin | −6.1% | −7.0% | −5.1% | 3.0% | 4.3% | 6.5% | −9.8% | 22.2% | −0.2% | 15.2% |
| Returns | ||||||||||
| Return on capital employed | −4.1% | −5.1% | −5.9% | −8.8% | −0.6% | 0.6% | 0.7% | 2.1% | 1.1% | 1.9% |
| Return on equity | −0.8% | −0.6% | 5.1% | −16.8% | 2.9% | 57.0% | −9.9% | 11.3% | 32.6% | 33.5% |
| Return on assets | −0.5% | −0.4% | 3.0% | −10.1% | 1.7% | 36.4% | −6.1% | 6.4% | 20.6% | 23.6% |
| Return on tangible equity | −1.0% | −0.6% | 5.5% | −18.3% | 2.9% | 44.3% | −12.0% | 10.7% | 28.0% | 28.7% |
| Growth | ||||||||||
| Revenue growth | — | −0.5% | −1.6% | 19.5% | 2.6% | −0.0% | 8.2% | 25.4% | 3.3% | 25.4% |
| Net income growth | — | — | — | −407.5% | — | 2,693.9% | −119.0% | — | 264.1% | 43.6% |
| EPS growth | — | — | — | −407.4% | — | 2,690.8% | — | — | — | 43.5% |
| FCF growth | — | — | — | — | 48.4% | 51.3% | −262.6% | — | −100.9% | — |
| Share count change | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — | 0.0% |
| Financial health | ||||||||||
| Current ratio | 2.8x | 10.0x | 8.3x | 6.9x | 7.7x | 10.9x | 9.2x | 8.2x | 10.3x | 13.9x |
| Quick ratio | 2.8x | 10.0x | 8.3x | 6.9x | 7.7x | 10.9x | 9.2x | 8.2x | 10.3x | 13.9x |
| Capital allocation | ||||||||||
| Capex / revenue | 9.1% | 0.6% | 0.5% | 0.3% | 0.4% | 0.1% | 0.1% | 0.1% | 0.1% | 0.0% |
| Stock comp / revenue | — | — | — | — | — | — | — | — | 0.3% | 0.2% |
| Quality scores | ||||||||||
| Piotroski F-score | — | 3.0 | 4.0 | 4.0 | 6.0 | 5.0 | — | — | — | 4.0 |
| Altman Z'' | 5.4 | 6.8 | 6.9 | 7.8 | 8.6 | 10.1 | 8.9 | 8.9 | 10.4 | 11.0 |
| Accruals ratio | −1.0% | 0.7% | 3.7% | −10.7% | 0.7% | 35.3% | −4.6% | 1.9% | 20.6% | 20.8% |
Source: SEC EDGAR XBRL filings (CIK 0000783412). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.