Limoneira Company (LMNR) Revenue History
Annual and quarterly revenue from 2008 to present
LMNR Revenue Over Time (2008–2025)
LMNR Revenue Growth History
11 of 17 years with positive growth- FY2008 revenue growth
- N/A
- FY2009 revenue growth
- -34.9%
- FY2010 revenue growth
- +55.8%
- FY2011 revenue growth
- -3.3%
- FY2012 revenue growth
- +25.4%
- FY2013 revenue growth
- +28.9%
- FY2014 revenue growth
- +21.9%
- FY2015 revenue growth
- -3.0%
- FY2016 revenue growth
- +11.4%
- FY2017 revenue growth
- +8.5%
- FY2018 revenue growth
- +6.7%
- FY2019 revenue growth
- +32.5%
- FY2020 revenue growth
- -4.0%
- FY2021 revenue growth
- +0.9%
- FY2022 revenue growth
- +11.2%
- FY2023 revenue growth
- -2.5%
- FY2024 revenue growth
- +6.4%
- FY2025 revenue growth
- -16.6%
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $23.9M | -31.9% |
| Q1 2026 | $18.2M | -46.9% |
| Q4 2025 | $42.8M | -2.4% |
| Q3 2025 | $47.5M | -25.0% |
| Q2 2025 | $35.1M | -21.3% |
| Q1 2025 | $34.3M | -13.7% |
| Q4 2024 | $43.9M | +5.9% |
| Q3 2024 | $63.3M | +20.6% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2024)
LMNR's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
LMNR Revenue Analysis (2008–2025)
Current Revenue & Growth
As of June 22, 2026, Limoneira Company (LMNR) generated trailing twelve-month (TTM) revenue of $132.4 million, reflecting significant decline in growth of -31.9% year-over-year. The most recent quarter (Q2 2026) recorded $23.9 million in revenue, up 31.4% sequentially.
Historical Growth Trajectory
LMNR's 5-year compound annual growth rate (CAGR) stands at -0.6%, indicating revenue contraction over this period. The 3-year CAGR of -4.7% is below the 5-year average, signalling a growth deceleration in recent years. Limoneira Company's highest annual revenue of $191.5 million was recorded in 2024.
Revenue by Segment
LMNR's revenue is primarily driven by Fresh Lemons (55%), Lemon Packing (23%), and Avocados (12%). With over half of revenue concentrated in Fresh Lemons, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Consumer Defensive sector peers — including AVO (-10.5% YoY), CVGW (-10.5% YoY), and PNFP — LMNR has underperformed the peer group in revenue growth. Compare LMNR vs AVO →
LMNR Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| LMNRCurrent | $132M | -31.9% | -0.6% | -15.1% | |
 AVO | $1.4B | -10.5% | +10.0% | 5.1% | |
 CVGW | $648M | -10.5% | -9.4% | 3.0% | |
 PNFP | $2.9B | - | - | 20.4% | |
 DOLE | $9.2B | +11.4% | +16.1% | 2.7% | |
 FDP | $4.3B | +0.0% | +0.5% | 4.3% |
LMNR Historical Revenue Data (2008–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $159.7M | -16.6% | $-530,000 | -0.3% | $-24,039,000 | -15.1% |
| 2024 | $191.5M | +6.4% | $21.4M | 11.2% | $-6,178,000 | -3.2% |
| 2023 | $179.9M | -2.5% | $6.1M | 3.4% | $10.8M | 6.0% |
| 2022 | $184.6M | +11.2% | $19.5M | 10.6% | $-2,299,000 | -1.2% |
| 2021 | $166.0M | +0.9% | $13.2M | 8.0% | $-6,224,000 | -3.7% |
| 2020 | $164.6M | -4.0% | $2.8M | 1.7% | $-18,506,000 | -11.2% |
| 2019 | $171.4M | +32.5% | $14.6M | 8.5% | $-6,583,000 | -3.8% |
| 2018 | $129.4M | +6.7% | $27.1M | 20.9% | $9.5M | 7.3% |
| 2017 | $121.3M | +8.5% | $25.9M | 21.4% | $11.9M | 9.8% |
| 2016 | $111.8M | +11.4% | $22.5M | 20.1% | $9.2M | 8.2% |
| 2015 | $100.3M | -3.0% | $18.4M | 18.3% | $4.6M | 4.6% |
| 2014 | $103.5M | +21.9% | $24.7M | 23.8% | $9.9M | 9.6% |
| 2013 | $84.9M | +28.9% | $17.3M | 20.4% | $5.4M | 6.4% |
| 2012 | $65.8M | +25.4% | $15.1M | 22.9% | $4.6M | 6.9% |
| 2011 | $52.5M | -3.3% | $11.5M | 22.0% | $1.0M | 1.9% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
18+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
LMNR — Frequently Asked Questions
Quick answers to the most common questions about buying LMNR stock.
Is LMNR's revenue growth accelerating or slowing?
LMNR revenue is declining -31.9% year-over-year. TTM revenue fell to $132M, contrasting with the 5-year CAGR of -0.6%. The reversal reflects either macro headwinds or company-specific challenges.
What is LMNR's revenue history from 2008 to 2026?
Limoneira Company (LMNR) revenue history spans 2008 to 2026. TTM revenue as of 2026 is $132M, growing at -31.9% YoY. The 5-year CAGR is -0.6%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is LMNR's long-term revenue growth rate (CAGR)?
Limoneira Company's 5-year revenue CAGR of -0.6% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of -31.9% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for LMNR.
Why does LMNR's quarterly revenue fluctuate?
LMNR quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Limoneira Company's revenue data from 2008 to 2026 shows full historical quarterly detail on this page.
How is LMNR's revenue distributed by segment?
LMNR reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does LMNR's revenue compare to industry peers?
Limoneira Company (LMNR) with TTM revenue of $132M and -31.9% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.