CKX Lands, Inc. filed its quarterly report on Form 10-Q with the SEC on November 13, 2026, covering the three and nine months ended September 30, 2026, disclosing net income of $444,020 for the third quarter and $621,499 for the nine-month period.

Key Highlights

  • Q3 net income: CKX Lands reported net income of $444,020 for the three months ended September 30, 2026, compared to $166,304 for the same period in 2025.
  • Nine-month net income: Net income for the nine months ended September 30, 2026 was $621,499, versus $442,919 for the same period in 2025.
  • Total revenue: Total revenue for the third quarter was $314,073, up from $232,639 in Q3 2025, driven in part by surface revenue of $284,261.
  • Gain on sale of land: A gain on sale of land of $235,326 was recorded in Q3 2026, compared to $86,188 in Q3 2025.
  • Total assets: Total assets stood at $22,409,694 as of September 30, 2026, compared to $22,285,768 at December 31, 2025.
  • Cash and cash equivalents: Cash and cash equivalents were $15,879,801 at September 30, 2026, down from $18,010,108 at December 31, 2025.
  • Shares outstanding: 2,053,129 shares of common stock were outstanding as of November 13, 2026.

CKX Lands Reports Higher Quarterly and Year-to-Date Earnings for September 2026 Period

According to the filing, CKX Lands, Inc. (NYSE American:CKX), a Louisiana-based land company, reported total revenue of $314,073 for the three months ended September 30, 2026. Surface revenue was the largest component at $284,261, while oil and gas revenue totaled $26,072 and timber sales contributed $3,740. This compares to total revenue of $232,639 in the third quarter of 2025, when oil and gas and timber sales were higher but surface revenue was lower at $90,679.

The company disclosed a gain on sale of land of $235,326 in Q3 2026, which contributed to total costs, expenses and gains showing a net credit of $(118,926) for the quarter, compared to net costs of $119,286 in Q3 2025. Income from operations for Q3 2026 was $432,999, versus $113,353 in the prior-year quarter. Interest income of $126,241 was also reported for the three-month period, up from $50,401 in Q3 2025. Basic and diluted earnings per share for Q3 2026 were each $0.22, compared to $0.08 in Q3 2025.

For the nine months ended September 30, 2026, the filing shows total revenue of $653,047 against $716,759 for the same period in 2025, with the year-over-year decrease driven primarily by lower oil and gas revenue ($72,917 versus $373,131) and an absence of significant timber sales compared to 2025. Total stockholders' equity increased to $22,066,911 at September 30, 2026, from $21,445,412 at December 31, 2025. Cash paid for income taxes in the nine-month period was $495,100, according to the supplemental cash flow disclosure.

What Was Disclosed

CKX Lands filed its unaudited Form 10-Q for the quarter ended September 30, 2026, reporting higher quarterly net income driven by increased surface revenue and a land sale gain, partially offset by lower oil and gas and timber revenues compared to the prior year.