Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED)

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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Total Alico, Inc. Equity
Common stock
Additional Paid In Capital
Treasury Stock
Retained Earnings
Non- controlling Interest
Beginning balance (in shares) at Sep. 30, 2024     8,416,000        
Beginning balance at Sep. 30, 2024 $ 256,295 $ 251,159 $ 8,416 $ 20,184 $ (26,694) $ 249,253 $ 5,136
Treasury stock, shares (in shares) at Sep. 30, 2024 [1]         788,000    
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (120,684) (120,552)       (120,552) (132)
Dividends (764) (764)       (764)  
Stock-based compensation (in shares) [1]         (9,000)    
Stock-based compensation 364 364   90 $ 274    
Ending balance (in shares) at Mar. 31, 2025     8,416,000        
Ending balance at Mar. 31, 2025 135,211 130,207 $ 8,416 20,274 $ (26,420) 127,937 5,004
Treasury stock, shares (in shares) at Mar. 31, 2025 [1]         778,000    
Beginning balance (in shares) at Dec. 31, 2024     8,416,000        
Beginning balance at Dec. 31, 2024 246,841 241,789 $ 8,416 20,226 $ (26,557) 239,704 5,052
Treasury stock, shares (in shares) at Dec. 31, 2024         783,000    
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (111,433) (111,385)       (111,385) (48)
Dividends (382) (382)       (382)  
Stock-based compensation (in shares)         (5,000)    
Stock-based compensation 185 185   48 $ 137    
Ending balance (in shares) at Mar. 31, 2025     8,416,000        
Ending balance at Mar. 31, 2025 135,211 130,207 $ 8,416 20,274 $ (26,420) 127,937 5,004
Treasury stock, shares (in shares) at Mar. 31, 2025 [1]         778,000    
Beginning balance (in shares) at Sep. 30, 2025     8,416,000        
Beginning balance at Sep. 30, 2025 $ 107,994 103,032 $ 8,416 20,410 $ (26,185) 100,391 4,962
Treasury stock, shares (in shares) at Sep. 30, 2025 770,785       771,000 [2]    
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) $ 7,687 7,900       7,900 (213)
Dividends (766) (766)       (766)  
Purchases of common stock (in shares) [2]         207,000    
Purchases of common stock $ (8,372) (8,372)     $ (8,372)    
Exercise of stock options (in shares) 8,000       (8,000) [2]    
Exercise of stock options $ 272 272   13 $ 259    
Stock-based compensation (in shares) [2]         (6,000)    
Stock-based compensation 316 316   121 $ 195    
Ending balance (in shares) at Mar. 31, 2026     8,416,000        
Ending balance at Mar. 31, 2026 $ 107,131 102,382 $ 8,416 20,544 $ (34,103) 107,525 4,749
Treasury stock, shares (in shares) at Mar. 31, 2026 964,157       964,000 [2]    
Beginning balance (in shares) at Dec. 31, 2025     8,416,000        
Beginning balance at Dec. 31, 2025 $ 104,464 99,616 $ 8,416 20,495 $ (25,822) 96,527 4,848
Treasury stock, shares (in shares) at Dec. 31, 2025         760,000    
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 11,282 11,381       11,381 (99)
Dividends (383) (383)       (383)  
Purchases of common stock (in shares)         207,000    
Purchases of common stock (8,372) (8,372)     $ (8,372)    
Stock-based compensation (in shares)         (3,000)    
Stock-based compensation 140 140   49 $ 91    
Ending balance (in shares) at Mar. 31, 2026     8,416,000        
Ending balance at Mar. 31, 2026 $ 107,131 $ 102,382 $ 8,416 $ 20,544 $ (34,103) $ 107,525 $ 4,749
Treasury stock, shares (in shares) at Mar. 31, 2026 964,157       964,000 [2]    
[1] (1) - May not foot due to rounding.
[2] (1) - May not foot due to rounding.