Farmland Partners Inc. (FPI)
NYSE: FPI · Real-Time Price · USD
10.95
+0.16 (1.48%)
At close: Sep 17, 2026, 4:00 PM EDT
10.85
-0.10 (-0.91%)
After-hours: Sep 17, 2026, 5:17 PM EDT
Farmland Partners Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Rental Revenue | 5.71 | 6.3 | 16.94 | 5.99 | 6.02 | 6.97 | 17.62 | 9.75 | 9.54 | 10.21 | 18.1 | 10.14 | 10.22 | 10.73 | 21.06 | 9.08 | 9.2 | 9.55 | 17.85 | 8.85 |
Tenant Reimbursements | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -2.47 | 0.88 | 0.81 | 0.78 | 0.81 | 0.86 |
Other Revenue | 2.11 | 1.76 | -2.59 | 5.32 | 2.46 | 1.96 | 0.74 | 3.57 | 1.92 | 1.86 | 3.51 | 1.49 | 1.34 | 1.92 | 3.27 | 3.18 | 2.36 | 3.57 | 1.39 | 0.41 |
| 9.41 | 10.04 | 20.3 | 11.32 | 9.96 | 10.22 | 20.68 | 13.33 | 11.46 | 12.07 | 21.61 | 11.62 | 11.56 | 12.65 | 21.86 | 13.14 | 12.37 | 13.9 | 20.05 | 10.12 | |
Revenue Growth (YoY (YoY) | -5.51% | -1.72% | -1.84% | -15.08% | -13.09% | -15.34% | -4.33% | 14.65% | -0.84% | -4.57% | -1.14% | -11.55% | -6.51% | -9.01% | 9.02% | 29.84% | 31.36% | 20.06% | 11.90% | -4.56% |
Property Expenses | 2.31 | 1.5 | 1.8 | 3.25 | 3.07 | 2.14 | 2.8 | 3.53 | 2.63 | 2.34 | 4.08 | 2.8 | 3.41 | 3.13 | 3.58 | 3.79 | 3.39 | 3.39 | 1.89 | 2.41 |
Selling, General & Administrative | 2 | 2.29 | 5.46 | 3.05 | 3.07 | 3 | 5.49 | 3.14 | 2.77 | 2.96 | 3.47 | 3.05 | 3.19 | 2.85 | 4.19 | 2.91 | 3.82 | 4.36 | 4.86 | 4.35 |
Depreciation & Amortization | 0.91 | 0.91 | 0.93 | 0.94 | 1.13 | 1.17 | 1.26 | 1.41 | 1.43 | 1.48 | 1.59 | 1.9 | 2.21 | 1.79 | 1.88 | 1.67 | 1.66 | 1.75 | 1.9 | 1.91 |
Other Operating Expenses | - | - | 0.02 | 0 | 0.01 | 0.01 | 0.06 | 0.01 | - | 0.04 | 0.06 | 0 | 0.03 | 0.05 | 0.07 | 0.03 | 0.03 | 0 | 0.03 | - |
Total Operating Expenses | 6 | 6.52 | 8.21 | 7.24 | 7.28 | 6.39 | 9.61 | 8.09 | 6.83 | 6.82 | 9.2 | 7.76 | 8.83 | 7.82 | 9.72 | 8.39 | 8.9 | 9.51 | 8.67 | 8.67 |
Operating Income | 3.42 | 3.52 | 12.09 | 4.07 | 2.69 | 3.82 | 11.07 | 5.23 | 4.63 | 5.25 | 12.41 | 3.86 | 2.73 | 4.82 | 12.14 | 4.75 | 3.46 | 4.39 | 11.38 | 1.45 |
Interest Expense | -3.08 | -2.72 | -2.28 | -2.27 | -2.44 | -2.64 | -3.07 | -5.5 | -5.25 | -5.04 | -5.66 | -6.23 | -5.84 | -4.92 | -4.68 | -3.89 | -3.74 | -3.83 | -3.96 | -4.01 |
Other Non-Operating Income | 0.04 | 0.03 | 0.12 | 0.12 | 0.12 | 0.13 | -0.08 | 0.13 | -0.05 | 0.12 | 0.06 | 0.04 | -0.08 | 0.01 | 0.28 | 0.37 | 0.03 | -0.02 | 0.01 | 0.01 |
EBT Excluding Unusual Items | 0.38 | 0.83 | 9.93 | 1.92 | 0.37 | 1.32 | 7.92 | -0.13 | -0.67 | 0.34 | 6.81 | -2.33 | -3.19 | -0.09 | 7.74 | 1.22 | -0.25 | 0.54 | 7.43 | -2.55 |
Merger & Restructuring Charges | - | - | - | - | 0 | -0.01 | -0 | - | - | -0.03 | - | -0 | - | -0.01 | 0.38 | -0.02 | - | -0.06 | -0.05 | -0.01 |
Gain (Loss) on Sale of Assets | 3.53 | -0.26 | 11.4 | -0.53 | 24.23 | 0.76 | 52.26 | 1.98 | -0.01 | -0.09 | 12.95 | 10.29 | 11.06 | 1.83 | -1.31 | -0.05 | 3.34 | 0.66 | 5.94 | -0.11 |
Total Insurance Settlements | - | 0.08 | 0.45 | 0.1 | - | 0.04 | 0.82 | - | - | - | - | - | 0.03 | - | - | - | - | - | - | - |
Asset Writedown | -0.75 | - | - | -1 | -16.82 | - | -0.79 | - | - | - | -2 | -3.84 | - | - | - | - | - | - | - | - |
Other Unusual Items | - | - | - | - | - | - | - | - | -1.37 | 1.21 | - | - | - | - | - | - | - | - | - | - |
Pretax Income | 3.16 | 0.65 | 21.78 | 0.48 | 7.78 | 2.11 | 60.21 | 1.85 | -2.05 | 1.43 | 17.77 | 4.12 | 7.9 | 1.72 | 6.81 | 1.15 | 3.09 | 1.14 | 13.31 | -2.67 |
Income Tax Expense | 0.02 | 0.01 | -0.02 | -0.01 | -0.01 | 0.02 | -0.05 | 0.01 | -0 | 0.02 | 0.01 | -0.19 | 0 | 0.01 | 0.1 | 0.03 | 0.1 | - | - | - |
Earnings From Continuing Operations | 3.13 | 0.65 | 21.8 | 0.49 | 7.79 | 2.09 | 60.26 | 1.84 | -2.05 | 1.41 | 17.75 | 4.32 | 7.9 | 1.71 | 6.71 | 1.12 | 2.99 | 1.14 | 13.31 | -2.67 |
Minority Interest in Earnings | -0.02 | -0.01 | -0.38 | -0.01 | -0.19 | -0.05 | -1.51 | -0.05 | 0.05 | -0.04 | -0.44 | -0.11 | -0.19 | -0.04 | -0.15 | -0.03 | -0.08 | -0.03 | -0.4 | 0.12 |
Net Income | 3.11 | 0.64 | 21.42 | 0.48 | 7.6 | 2.04 | 58.75 | 1.79 | -2 | 1.37 | 17.32 | 4.21 | 7.71 | 1.68 | 6.56 | 1.09 | 2.92 | 1.11 | 12.92 | -2.55 |
Preferred Dividends & Other Adjustments | 0.03 | 0.23 | 0.6 | 0.61 | 0.77 | 0.77 | 1.18 | 0.77 | 0.77 | 0.77 | 0.84 | 0.76 | 0.71 | 0.82 | 0.82 | 0.74 | 0.86 | 0.89 | 6.61 | 3.07 |
Net Income to Common | 3.08 | 0.41 | 20.82 | -0.13 | 6.84 | 1.27 | 57.56 | 1.03 | -2.77 | 0.61 | 16.48 | 3.45 | 7 | 0.86 | 5.74 | 0.35 | 2.06 | 0.21 | 6.31 | -5.62 |
Net Income Growth (YoY) | -54.96% | -68.08% | -63.84% | - | - | 109.90% | 249.24% | -70.17% | - | -29.29% | 187.09% | 884.57% | 239.85% | 302.35% | -9.03% | - | - | - | 113.57% | - |
Basic Shares Outstanding | 43 | 43 | 42 | 43 | 45 | 46 | 47 | 48 | 48 | 48 | 48 | 48 | 51 | 54 | 54 | 53 | 50 | 46 | 44 | 33 |
Diluted Shares Outstanding | 43 | 43 | 42 | 43 | 54 | 46 | 47 | 48 | 48 | 48 | 80 | 48 | 59 | 54 | 54 | 53 | 50 | 46 | 44 | 33 |
Shares Change (YoY) | -19.66% | -5.25% | -9.96% | -9.72% | 12.94% | -4.43% | -40.97% | -1.22% | -19.14% | -11.67% | 47.78% | -9.46% | 17.37% | 17.97% | 21.55% | 64.34% | 62.08% | 50.51% | -4.22% | 11.45% |
EPS (Basic) | 0.07 | 0.01 | 0.49 | -0.00 | 0.15 | 0.03 | 1.22 | 0.02 | -0.06 | 0.01 | 0.35 | 0.07 | 0.14 | 0.02 | 0.11 | 0.01 | 0.04 | 0.00 | 0.14 | -0.17 |
EPS (Diluted) | 0.07 | 0.01 | 0.49 | -0.00 | 0.14 | 0.03 | 1.22 | 0.02 | -0.06 | 0.01 | 0.24 | 0.07 | 0.12 | 0.02 | 0.10 | 0.01 | 0.04 | 0.00 | 0.14 | -0.17 |
EPS Growth (YoY) | -50.17% | -66.31% | -59.84% | - | - | 179.00% | 399.61% | -71.43% | - | -36.98% | 133.48% | 970.01% | 200.00% | 241.10% | -26.25% | - | - | - | 123.97% | - |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Dividend Per Share | 0.090 | 0.090 | 0.060 | 0.060 | 0.060 | 0.060 | 0.060 | 0.060 | 0.060 | 0.060 | 0.060 | 0.060 | 0.060 | 0.060 | 0.060 | 0.060 | 0.060 | 0.050 | 0.050 | 0.050 |
Dividend Growth (YoY) | 50.00% | 50.00% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 20.00% | 20.00% | 20.00% | 20.00% | 0% | 0% | 0% |
Operating Margin | 36.32% | 35.06% | 59.55% | 35.98% | 26.98% | 37.41% | 53.54% | 39.26% | 40.40% | 43.52% | 57.42% | 33.24% | 23.64% | 38.15% | 55.53% | 36.14% | 28.01% | 31.59% | 56.74% | 14.37% |
Profit Margin | 32.71% | 4.04% | 102.57% | -1.13% | 68.61% | 12.45% | 278.41% | 7.71% | -24.16% | 5.02% | 76.27% | 29.65% | 60.56% | 6.78% | 26.26% | 2.66% | 16.66% | 1.53% | 31.48% | -55.56% |
EBITDA | 4.32 | 4.43 | 13.01 | 5.01 | 3.82 | 5 | 12.33 | 6.65 | 6.06 | 6.73 | 14 | 5.77 | 4.94 | 6.62 | 14.02 | 6.41 | 5.12 | 6.14 | 13.28 | 3.37 |
EBITDA Margin | 45.93% | 44.12% | 64.12% | 44.27% | 38.32% | 48.89% | 59.65% | 49.87% | 52.87% | 55.79% | 64.80% | 49.62% | 42.73% | 52.34% | 64.15% | 48.81% | 41.43% | 44.19% | 66.21% | 33.25% |
D&A For Ebitda | 0.91 | 0.91 | 0.93 | 0.94 | 1.13 | 1.17 | 1.26 | 1.41 | 1.43 | 1.48 | 1.59 | 1.9 | 2.21 | 1.79 | 1.88 | 1.67 | 1.66 | 1.75 | 1.9 | 1.91 |
EBIT | 3.42 | 3.52 | 12.09 | 4.07 | 2.69 | 3.82 | 11.07 | 5.23 | 4.63 | 5.25 | 12.41 | 3.86 | 2.73 | 4.82 | 12.14 | 4.75 | 3.46 | 4.39 | 11.38 | 1.45 |
EBIT Margin | 36.32% | 35.06% | 59.55% | 35.98% | 26.98% | 37.41% | 53.54% | 39.26% | 40.40% | 43.52% | 57.42% | 33.24% | 23.64% | 38.15% | 55.53% | 36.14% | 28.01% | 31.59% | 56.74% | 14.37% |
Funds From Operations (FFO) | 1.26 | 1.81 | 11.32 | 2.96 | 1.52 | 2.5 | 10.05 | 1.27 | -0.61 | 2.98 | 8.39 | -0.23 | -0.95 | 1.68 | 9.9 | 2.83 | 1.32 | 2.23 | 9.28 | -0.65 |
FFO Per Share | 0.03 | 0.04 | 0.26 | 0.07 | 0.03 | 0.05 | 0.21 | 0.03 | -0.01 | 0.06 | 0.17 | -0.00 | -0.02 | 0.03 | 0.18 | 0.05 | 0.03 | 0.05 | 0.20 | -0.02 |
Adjusted Funds From Operations (AFFO) | 1.69 | 2.08 | - | 2.89 | 1.3 | 2.28 | - | 1.4 | 0.53 | 2.78 | - | -0.47 | -1.13 | 1.55 | - | 2.5 | 1.11 | 2.12 | - | -3.24 |
AFFO Per Share | 0.04 | 0.05 | - | 0.07 | 0.03 | 0.05 | - | 0.03 | 0.01 | 0.06 | - | -0.01 | -0.02 | 0.03 | - | 0.05 | 0.02 | 0.04 | - | -0.09 |
FFO Payout Ratio | 311.59% | 618.66% | 22.85% | 89.70% | 182.18% | 2227.05% | 28.77% | 227.20% | - | 435.66% | 34.55% | - | - | 193.76% | 32.92% | 111.76% | 184.22% | 101.97% | 17.75% | - |
Effective Tax Rate | 0.76% | 1.07% | - | - | - | 0.81% | - | 0.60% | - | 1.33% | 0.07% | - | 0.05% | 0.52% | 1.44% | 2.86% | 3.11% | - | - | - |
Revenue as Reported | 9.4 | 10.1 | 20.72 | 11.25 | 9.96 | 10.25 | 21.47 | 13.32 | 11.45 | 11.99 | 21.59 | 11.62 | 11.58 | 12.67 | 21.82 | 13.14 | 12.36 | 13.89 | 20.05 | 10.11 |