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Daily Journal Corp (DJCO) stock

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NASDAQ: DJCO Nasdaq Publishing Next results ~November 9, 2026

C+ Fundamentals grade

Daily Journal Corp is a US-listed company in the publishing industry. Its financial year ends in September.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$730

Cash-flow model

Base case. Range ~$630–$860 across our lower- and higher-growth cases (14%–24% a year).

Price vs value

Undervalued

The price is below our entire value range; our base value is 18% above it.

Price used: $619.68, November 2, 2026

Daily Journal Corp valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds65 adding, 51 cuttingOf 24 active managers that changed their stake, 13 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Daily Journal files

Where Daily Journal stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $98m, up 23.4% on a year earlier, slower than the 28.4% growth a quarter earlier. Free-cash-flow margin rose to 17.7% from 15.0% a year earlier. Operating margin widened to 13.7% from 8.4%. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 2 of our 2 financial-health checks. Our cash-flow model value is $731 a share, against a share price of $615. At that price, our model says the market is pricing in about 13.0% a year of cash-flow growth for five years, close to the 14.4% a year revenue growth it has delivered.

Source: 10-Q filed August 12, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 9, 2026 (estimated)

Daily Journal Corp's trailing-twelve-month revenue grew 23.4% year on year, with a free-cash-flow margin of 17.7%. Where it stands out: revenue growth of 23.4% ranks 1 of 9 publishing companies we cover. Where it lags: change in growth rate of -5.1pp ranks 8 of 9 publishing companies we cover.

Our discounted-cash-flow model values the business at ~$730 per share in the base case (~$630–$860 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Net margin compressing: TTM net margin fell to -11.6%, down 133.8pp year over year.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 23.4% over the last 12 months, against a median of -2.5% for publishing companies we cover.
  • Margins widening. Operating margin is up 5.2 points on a year ago.
  • Net cash. Cash exceeds long-term debt by $0.0bn.

Things to watch

  • Results due soon. Results are expected around 9 November; the share price can move sharply on the day.
  • Growth slowing. The growth rate is 5.1 points lower than a quarter earlier.
  • Below peers: net margin. Net margin of -11.6% ranks 8 of 9 publishing companies we cover (median 3.6%).
  • Below peers: days sales outstanding. Days sales outstanding of 67 days ranks 8 of 9 publishing companies we cover (median 43 days).
  • Heavily shorted. 17.3% of the shares available to trade are sold short (3.1 days of average volume to cover).

Latest results: FY2026 Q3

Filed August 12, 2026
Revenue
$27m, up 15.3% on a year earlier
Share reaction
+7.4% in the first session after the results on August 12, 2026, against +0.9% for the S&P 500
Next report
August 12, 2026

Daily Journal's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-1.5%
  • 1 week+2.0%
  • 1 month-5.6%
  • This year+27.2%
  • 1 year+53.0%
  • 5 years+79.2%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$97.6M
Operating margin
13.7%
Net margin
-11.6%
EPS (TTM, diluted)
$-8.24

Growth

Revenue growth
+23.4%
Change in growth rate
−5.1 pts
Share count change
+0.1%

Cash

Free cash flow (TTM)
$17.3M
FCF margin
17.7%
Stock pay % of revenue
0.2%

Earnings

Last results
August 12, 2026
Next results (est.)
November 9, 2026

News & updates

Updated November 3, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Leadership
  2. Announcement
  3. Shareholder vote
  4. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Daily Journal Corp valuation models and calculator

What the price is pricing in

The share price implies about 13.3% a year of cash-flow growth for five years.That is close to the 14.4% a year revenue growth Daily Journal has delivered.

  • Priced in13.3%
  • Last 12 months23.4%
  • 3 years a year14.7%
  • 5 years a year14.4%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($619.75, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Buy12-month view
12-month price target
~$730
Price used
$619.75close November 3, 2026
Implied change
▲ +18%
Uncertainty
Low

How we got here: a discounted-cash-flow model of Daily Journal Corp's free cash flow after stock-based pay with after-tax interest added back ($13.2M, FY2026 Q3 TTM), growing 19% a year for five years and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$630–~$860 ; that spread sets a 15% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Daily Journal Corp's free cash flow after stock-based pay ( $13.2M, FY2026 Q3 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Daily Journal Corp as an operating company, with every model that fits that kind of business. Cost of equity 8.7%: the 10-year Treasury yield (4.9%) plus a beta of 0.83 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$730 ~$630–$860 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: no positive earnings in the latest twelve months
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$320 ~$210–$490 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$320 ~$270–$390 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$530 ~$320–$730 3 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Daily Journal Corp with Publishing in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −15%
  • Revenue growth 5 points higher ▲ +20%
  • Free-cash-flow margin 1 point lower ▼ −4%
  • Last year's free-cash-flow margin change, if it persists ▲ +11%
  • Discount rate 1 point higher ▼ −10%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $456$505$571$658$771$917
8.5% $423$459$507$569$649$753
10% $404$432$468$515$577$655

Valuation multiples over time Market data may be delayed

At fiscal year end 2016201720182019202020212022202320242025Now
Share price$219.00$218.61$241.00$247.56$242.00$320.37$256.39$294.00$490.10$465.14$619.68
Market value$302m$302m$333m$342m$334m$442m$354m$405m$675m$641m$854m
+ Net debt (− = net cash)−$11m−$3m−$9m−$9m−$27m−$13m−$13m−$21m−$13m−$21m−$31m
Enterprise value$291m$298m$323m$333m$307m$430m$340m$384m$662m$620m$823m
Multiples
Price / sales 7.3x7.3x8.2x7.0x6.7x8.9x6.5x6.0x9.7x7.3x8.7x
Price / earnings ——40.6x—82.7x3.9x—18.9x8.6x5.7x—
Price / free cash flow ———n/m155.3x135.8x—27.0x—48.1x49.4x
EV / EBITDA —————163.3x143.7x55.4x152.6x63.4x60.8x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

18 /100

Weak moat

How hard Daily Journal's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median 0.3% of total assets over 10 years.

  • Durability 0 / 20

    Operating margin has been a median 1.1%; its worst year was -34.2%.

  • Cash conversion 10 / 20

    Free cash flow was positive in 7 of 10 years, at a median 6.1% of revenue.

  • Discipline 17 / 20

    The diluted share count fell 0.2% over five years; stock-based pay has been a median 0.3% of revenue.

AI disruption exposure: High. In this industry, the core product is information work that AI systems increasingly perform. The score above includes a 15-point deduction for that exposure (34 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

No analyst estimates are published for Daily Journal Corp: too few analysts cover it.

Management guidance

Earnings release, August 12, 2026

No numeric guidance in Daily Journal Corp's latest earnings release (filed August 12, 2026). Some companies give their outlook only on the earnings call.

Positioning

Short interest
17.3%
of tradable shares
Days to cover
3.15
at average volume
Short interest, 1 month
+2%
to October 15, 2026
Held by institutions
79%
of shares
Held by insiders
4.4%
of shares
Employees
415
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +53.0%

$405.04 on October 31, 2025 to $619.68

ThenNowEffect
Revenue (last 12 months) $79m $98m +23.4%
P/S multiple 7.0x 8.7x +24.1%
Share count 1m 1m 0.0%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years +110.9%

$293.79 on November 3, 2023 to $619.68

ThenNowEffect
Revenue (last 12 months) $65m $98m +51.0%
P/S multiple 6.3x 8.7x +39.8%
Share count 1m 1m −0.1%

Biggest factor: revenue. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
DJCO−12%−30%+36%+67%−14%+27%
Industry peers (median)+27%−39%+5%+28%−1%+15%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
DJCO50%33%50%67%50%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
DJCO−26%−40%−15%−15%−37%−30%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 42% from December 31, 2020 to September 26, 2022. Getting back needed a 71% gain, reached on July 2, 2024, 645 days after the low.

Price behaviour

52-week range
$382.57 – $687.66
From 52-week high
−9.9%
vs 50-day average
−2.2%
vs 200-day average
+9.6%
Volatility (1 year)
44%
Beta vs S&P 500
0.81

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
1 up, 3 down
typical move ±4.0%
After a week
3 up, 1 down
typical move ±3.9%
After a month
3 up, 1 down
typical move ±13.6%
Results releasedNext dayS&P 500 next day5 days21 days
August 12, 2026 +7.4% +0.9% +6.8% +18.2%
May 14, 2026 −1.9% −0.4% −1.3% +18.0%
February 17, 2026 −4.8% +0.7% +0.5% −5.2%
December 29, 2025 −1.7% −0.5% +7.1% +13.1%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Daily Journal Corp in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Daily Journal Corp
$60M $70M $80M $90M $100M FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $67.7M Revenue (TTM), FY24 Q1: $71.4M Revenue (TTM), FY24 Q2: $71.8M Revenue (TTM), FY24 Q3: $71.6M Revenue (TTM), FY24 Q4: $69.9M Revenue (TTM), FY25 Q1: $71.6M Revenue (TTM), FY25 Q2: $73.2M Revenue (TTM), FY25 Q3: $79.2M Revenue (TTM), FY25 Q4: $87.7M Revenue (TTM), FY26 Q1: $89.5M Revenue (TTM), FY26 Q2: $94.1M Revenue (TTM), FY26 Q3: $97.6M $97.6M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $67.7M
FY24 Q1 $71.4M
FY24 Q2 $71.8M
FY24 Q3 $71.6M
FY24 Q4 $69.9M
FY25 Q1 $71.6M
FY25 Q2 $73.2M
FY25 Q3 $79.2M
FY25 Q4 $87.7M
FY26 Q1 $89.5M
FY26 Q2 $94.1M
FY26 Q3 $97.6M
Revenue growth, TTM YoY Daily Journal Corp
0% 10% 20% 30% 40% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 25.4% Revenue growth, TTM YoY, FY24 Q1: 30.8% Revenue growth, TTM YoY, FY24 Q2: 20.1% Revenue growth, TTM YoY, FY24 Q3: 10.7% Revenue growth, TTM YoY, FY24 Q4: 3.3% Revenue growth, TTM YoY, FY25 Q1: 0.3% Revenue growth, TTM YoY, FY25 Q2: 2.0% Revenue growth, TTM YoY, FY25 Q3: 10.5% Revenue growth, TTM YoY, FY25 Q4: 25.4% Revenue growth, TTM YoY, FY26 Q1: 25.0% Revenue growth, TTM YoY, FY26 Q2: 28.4% Revenue growth, TTM YoY, FY26 Q3: 23.4% 23.4%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 25.4%
FY24 Q1 30.8%
FY24 Q2 20.1%
FY24 Q3 10.7%
FY24 Q4 3.3%
FY25 Q1 0.3%
FY25 Q2 2.0%
FY25 Q3 10.5%
FY25 Q4 25.4%
FY26 Q1 25.0%
FY26 Q2 28.4%
FY26 Q3 23.4%
Operating margin (TTM) Daily Journal Corp
4% 6% 8% 10% 12% 14% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 9.8% Operating margin (TTM), FY24 Q1: 11.2% Operating margin (TTM), FY24 Q2: 9.7% Operating margin (TTM), FY24 Q3: 8.1% Operating margin (TTM), FY24 Q4: 5.8% Operating margin (TTM), FY25 Q1: 5.8% Operating margin (TTM), FY25 Q2: 6.2% Operating margin (TTM), FY25 Q3: 8.4% Operating margin (TTM), FY25 Q4: 10.9% Operating margin (TTM), FY26 Q1: 10.3% Operating margin (TTM), FY26 Q2: 12.0% Operating margin (TTM), FY26 Q3: 13.7% 13.7%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 9.8%
FY24 Q1 11.2%
FY24 Q2 9.7%
FY24 Q3 8.1%
FY24 Q4 5.8%
FY25 Q1 5.8%
FY25 Q2 6.2%
FY25 Q3 8.4%
FY25 Q4 10.9%
FY26 Q1 10.3%
FY26 Q2 12.0%
FY26 Q3 13.7%
FCF margin (TTM) Daily Journal Corp
-10% 0% 10% 20% 30% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 22.2% FCF margin (TTM), FY24 Q1: 16.1% FCF margin (TTM), FY24 Q2: 11.8% FCF margin (TTM), FY24 Q3: 4.8% FCF margin (TTM), FY24 Q4: -0.2% FCF margin (TTM), FY25 Q1: 4.5% FCF margin (TTM), FY25 Q2: 8.6% FCF margin (TTM), FY25 Q3: 15.0% FCF margin (TTM), FY25 Q4: 15.2% FCF margin (TTM), FY26 Q1: 10.2% FCF margin (TTM), FY26 Q2: 14.7% FCF margin (TTM), FY26 Q3: 17.7% 17.7%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 22.2%
FY24 Q1 16.1%
FY24 Q2 11.8%
FY24 Q3 4.8%
FY24 Q4 -0.2%
FY25 Q1 4.5%
FY25 Q2 8.6%
FY25 Q3 15.0%
FY25 Q4 15.2%
FY26 Q1 10.2%
FY26 Q2 14.7%
FY26 Q3 17.7%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2010 Sept 2010 2011 Sept 2011 2012 Sept 2012 2013 Sept 2013 2014 Sept 2014 2015 Sept 2015 2016 Sept 2016 2017 Sept 2017 2018 Sept 2018 2019 Sept 2019 2020 Sept 2020 2021 Sept 2021 2022 Sept 2022 2023 Sept 2023 2024 Sept 2024 2025 Sept 2025 LTM Jun 2026
Income
Revenue 38 35 32 38 43 44 42 41 41 49 50 50 54 68 70 88 98
EBITDA 12 11 9 4 3 2 −1 −8 −10 −18 −1 3 2 7 4 10 14
Operating income 11 11 9 4 −2 −4 −7 −13 −14 −18 −1 2 2 7 4 10 13
Net income 8 8 6 4 1 1 −1 −1 8 −25 4 113 −21 21 78 112 −11
Diluted EPS $5.56 $5.68 $4.01 $2.74 $0.46 $0.59 −$0.76 −$0.66 $5.94 −$18.26 $2.93 $81.77 — — $56.73 $81.41 −$8.24
Growth (year on year)
Revenue — −8.2% −7.6% +18.2% +15.3% +1.3% −5.4% −0.5% −1.6% +19.5% +2.6% −0.0% +8.2% +25.4% +3.3% +25.4% +23.4%
EBITDA — −5.9% −19.0% −52.5% −23.8% −39.3% −146.1% — — — — — −10.0% +192.7% −37.4% +125.6% +95.6%
Operating income — −5.6% −19.6% −56.4% −157.8% — — — — — — — −7.6% +234.4% −38.8% +134.1% +100.4%
Net income — +2.2% −29.3% −31.8% −83.3% — — — — −407.5% — +>999% −119.0% — +264.1% +43.6% −111.7%
Diluted EPS — +2.2% −29.4% −31.7% −83.2% — — — — −407.4% — +>999% — — — +43.5% −111.7%
Margins
EBITDA margin 32.1% 32.8% 28.8% 11.6% 7.7% 4.6% −2.2% −18.3% −25.5% −36.2% −1.5% 5.3% 4.4% 10.2% 6.2% 11.2% 13.9%
Operating margin 30.4% 31.3% 27.2% 10.1% −5.0% −8.0% −16.0% −31.8% −34.5% −37.5% −2.6% 4.3% 3.7% 9.8% 5.8% 10.9% 13.7%
Net margin 20.4% 22.7% 17.4% 10.0% 1.5% 1.8% −2.5% −2.2% 20.1% −51.8% 8.1% 226.1% −39.7% 31.7% 111.7% 127.9% −11.6%
Free-cash-flow margin 24.2% 29.5% 20.7% 14.3% 9.4% 16.3% −6.1% −7.0% −5.1% 3.0% 4.3% 6.5% −9.8% 22.2% −0.2% 15.2% 17.7%
Cash flow
Cash from operations 9 10 7 6 5 8 1 −3 −2 2 2 3 −5 15 −0 13 17
Capital spending 0 0 0 0 0 1 4 0 0 0 0 0 0 0 0 0 0
Free cash flow 9 10 7 5 4 7 −3 −3 −2 1 2 3 −5 15 −0 13 17
Stock-based pay — — — — — — — — — — — — — — 0 0 0
Free cash flow after stock pay — — — — — — — — — — — — — — −0 13 17
Balance sheet
Cash 4 3 1 11 15 16 11 3 9 9 27 13 13 21 13 21 31
Total debt 0 0 0 0 0 0 — 0 0 0 0 0 0 0 0 0 0
Net debt (negative = net cash) −4 −3 −1 −11 −15 −16 −11 −3 −9 −9 −27 −13 −13 −21 −13 −21 −31
Diluted shares 1m 1m 1m 1m 1m 1m 1m 1m 1m 1m 1m 1m 1m 1m 1m 1m 1m

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 2 checks passed · June 30, 2026
What it owns · $472m
Short-term assets $464mLonger-term assets $8m
What it owes, and who funded it · $472m
Short-term liabilities $40mLonger-term liabilities $94mShareholders' equity $338m
  • Short-term assets cover short-term liabilities $464m of assets due within a year against $40m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $464m short-term assets against $94m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Daily Journal Corp's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+0.1%
year over year
Days sales outstanding
67 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in publishing
Last 12 months unless stated DJCO TNMG EDUC LEE SCHL WLY Median
Revenue, last 12 months $98m $45m $20m $517m $1.6bn $1.7bn $1.6bn
Revenue growth, last 12 months 23.4% −7.2% −32.0% −11.1% −2.5% −0.3% −2.5%
Revenue growth, 3-year average 14.7% — −34.2% −10.5% −2.0% −5.6% −3.8%
Revenue growth, latest quarter 15.3% — −11.9% −10.8% −3.9% −2.6% −3.3%
Gross margin — 31.1% 60.1% — 56.5% 74.6% 58.3%
Operating margin 13.7% −110.1% — 4.0% 1.0% 14.9% 4.0%
Operating margin, 3-year average 10.0% — — 2.0% 1.1% 11.2% 6.0%
Net margin −11.6% −99.0% 8.6% −1.8% 3.6% 11.9% 3.6%
Cash from operations / revenue 17.9% −10.9% 3.0% −0.0% 2.4% 17.4% 5.1%
Free-cash-flow margin 17.7% −11.2% 0.9% −0.1% −0.9% 14.4% 2.8%
Free-cash-flow margin, 3-year average 12.5% — 7.6% −0.8% 2.4% 10.1% 7.9%
Stock pay / revenue 0.2% 1.1% 0.0% 0.2% 0.6% 1.2% 0.5%
Change in share count 0.1% 40.1% 0.3% 99.6% −15.7% −4.2% 0.1%

Median of all 9 companies we cover in publishing. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

9 publishing companies
Measure Company Peer median Rank
Revenue growth Growth 23.4% -2.5% 1 of 9
Change in growth rate Growth -5.1pp +0.1pp 8 of 9
Operating margin Profitability 13.7% 4.0% 3 of 7
Net margin Profitability -11.6% 3.6% 8 of 9
Free-cash-flow margin Cash generation 17.7% 2.8% 2 of 9
Stock pay as % of revenue Cash generation 0.2% 0.6% 2 of 8
Change in share count Balance sheet 0.0% 0.0% 5 of 8
Days sales outstanding Balance sheet 67 days 43 days 8 of 9

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to September 30, 2025
Segments
Line of business Revenue Share YoY
Journal Technologies $69.9M 79.7% ▲ 31.7%
Traditional Business $17.8M 20.3% ▲ 5.6%
Products and services
Line of business Revenue Share YoY
License and Maintenance $31.7M 36.2% ▲ 12.2%
Consulting Fees $22.7M 25.9% ▲ 50.7%
Other services $15.5M 17.7% ▲ 58.7%
Advertising $10.1M 11.5% ▲ 8.1%
Subscriptions $4.3M 4.9% ▼ 4.3%
Advertising Service Fees and Other $3.4M 3.9% ▲ 12.3%
Geography
Region Revenue YoY
Outside the US $11.9M —
Australia $10.1M —
Canada $686,000 —
GU $674,000 —
MP $428,000 —

These categories overlap or exclude eliminations, so shares aren't shown.

From Daily Journal Corp's 10-K filed December 29, 2025, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$647M
Institutions reporting
131
Shares held vs prior quarter
▼ 2.0%
Positions opened / closed
16 / 17

Top buyers and sellers, Q2 2026: 65 institutions bought and 51 sold ; the biggest buyer was Blackrock, Inc (+11K shares) and the biggest seller Jane Street Group, LLC (−13K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Rwwm, Inc. $213M 354K 32.9% ▼ 1.7%
Blackrock, Inc. $63.5M 106K 9.8% ▲ 12.2%
Altravue Capital, LLC $29M 48K 4.5% ▼ 4.3%
Vanguard Portfolio Management LLC $25.3M 42K 3.9% ▲ 4.7%
Vanguard Capital Management LLC $25.1M 42K 3.9% ▲ 5.0%
Dimensional Fund Advisors LP $25M 42K 3.9% ▲ 19.3%
Advisory Research Inc $25M 42K 3.9% ▼ 0.9%
Hightower Advisors, LLC $24.8M 41K 3.8% 0.0%
State Street Corp $21.3M 35K 3.3% ▲ 8.8%
Geode Capital Management, LLC $19.8M 33K 3.1% ▲ 9.4%
BNP Paribas Financial Markets $15.7M 26K 2.4% ▼ 29.5%
Renaissance Technologies LLC $9.1M 15K 1.4% ▲ 12.9%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Daily Journal Corp's complete shareholder register. Values are as reported by the filers ; 2 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 9, 2026 estimated from the company's past filing pattern, not announced

  • August 12, 2026
  • May 14, 2026
  • February 17, 2026
  • December 29, 2025
  • May 12, 2014
  • February 11, 2014

Recent SEC filings

Data status

When each part of this page on Daily Journal Corp was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Daily Journal Corp in brief

What does Daily Journal Corp do?
Daily Journal Corp is a US-listed company in the publishing industry. Its financial year ends in September.
What is Daily Journal Corp's stock ticker?
Daily Journal Corp trades under the ticker DJCO on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Daily Journal Corp's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Daily Journal Corp reported revenue of $97.6M, 23.4% higher than a year earlier, according to its SEC filings.
What is Daily Journal Corp's free cash flow?
Daily Journal Corp's free-cash-flow margin is 17.7% of revenue over the trailing twelve months, ranking 2 of the 9 publishing companies we cover.
What is Daily Journal Corp's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Daily Journal Corp's free cash flow after stock-based pay gives ~$730 per share in the base case, and ~$630–$860 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Daily Journal Corp's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Rwwm, Inc., Blackrock, Inc. and Altravue Capital, LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Daily Journal Corp's market cap?
On November 2, 2026, Daily Journal Corp's market capitalisation was about $854M and net debt of -$31.1M. Market figures come from third-party market data and may be delayed.
Who are Daily Journal Corp's competitors?
In our Publishing peer group, the companies closest to Daily Journal Corp are TNL Mediagene, Educational Development Corp, LEE Enterprises, Inc, Scholastic Corp and John Wiley & Sons, Inc. The side-by-side comparison below sets their revenue, margins and growth against Daily Journal Corp's.
When is Daily Journal Corp's next earnings date?
Around November 9, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Daily Journal Corp announces its own schedule.