Farmland Partners Inc. (FPI)

Farmland Partners Income Statement

Financials in millions USD. Fiscal year is January - December.

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 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021
Rental Revenue	34.94	35.26	35.93	36.61	40.37	43.88	47.12	47.6	47.99	48.67	49.19	52.14	51.08	50.06	48.88	45.67	45.44	44.54	45.25	43.18
Tenant Reimbursements	-	-	-	-	-	-	-	-	-	-	-	-2.47	-1.59	-0.78	-	3.28	3.26	3.29	3.45	3.62
Other Revenue	9.38	9.72	9.92	11.96	8.73	8.19	8.1	10.87	9.4	8.22	8.28	8.05	9.11	10.73	12.38	10.5	8.33	6.25	3.06	2.83
Total Revenue	51.06	51.61	51.79	52.17	54.18	55.68	57.53	58.47	57.39	56.89	57.47	57.72	58.61	60.01	61.26	59.45	57.03	54.08	51.76	49.63
Revenue Growth (YoY (YoY)	-5.75%	-7.30%	-9.98%	-10.77%	-5.59%	-2.13%	0.11%	1.30%	-2.09%	-5.20%	-6.19%	-2.92%	2.77%	10.96%	18.36%	19.80%	15.19%	6.85%	2.11%	-9.20%
Property Expenses	8.85	9.62	10.26	11.27	11.55	11.11	11.31	12.58	11.85	12.63	13.41	12.92	13.91	13.89	14.16	12.46	11.09	10.07	8.86	9.42
Selling, General & Administrative	12.88	13.95	14.65	14.6	14.69	14.39	14.35	12.34	12.25	12.66	12.55	13.27	12.74	13.37	14.88	15.55	17.38	18.35	18.36	17.27
Depreciation & Amortization	3.68	3.91	4.17	4.5	4.98	5.28	5.59	5.92	6.41	7.19	7.5	7.79	7.55	7	6.96	6.97	7.22	7.45	7.63	7.72
Other Operating Expenses	0.02	0.03	0.04	0.08	0.08	0.08	0.1	0.11	0.1	0.13	0.14	0.15	0.17	0.18	0.13	0.09	0.07	0.03	0.03	0
Total Operating Expenses	27.97	29.25	29.12	30.52	31.37	30.93	31.35	30.94	30.61	32.61	33.61	34.13	34.36	34.44	36.13	35.08	35.75	35.9	34.87	34.42
Operating Income	23.1	22.37	22.67	21.65	22.81	24.75	26.18	27.52	26.78	24.28	23.86	23.59	24.25	25.57	25.14	24.38	21.28	18.18	16.89	15.21
Interest Expense	-10.36	-9.71	-9.63	-10.42	-13.64	-16.46	-18.85	-21.44	-22.17	-22.77	-22.66	-21.68	-19.34	-17.24	-16.14	-15.42	-15.54	-15.7	-15.93	-16.11
Other Non-Operating Income	0.31	0.39	0.49	0.29	0.31	0.14	0.12	0.26	0.17	0.15	0.04	0.26	0.59	0.7	0.66	0.39	0.03	0	0.07	0.06
EBT Excluding Unusual Items	13.05	13.04	13.53	11.52	9.48	8.43	7.45	6.35	4.78	1.66	1.24	2.17	5.49	9.03	9.66	9.35	5.77	2.48	1.02	-0.84
Merger & Restructuring Charges	-	0	-0	-0	-0	-0.01	-0.03	-0.03	-0.03	-0.03	-0.02	0.36	-0.06	-0.06	-0.11	-0.54	-0.12	-0.12	-0.06	-0.01
Gain (Loss) on Sale of Assets	14.15	34.85	35.86	76.72	79.24	55	54.15	14.84	23.15	34.22	36.13	21.87	11.53	3.81	2.64	9.88	9.82	6.56	9.29	4.17
Total Insurance Settlements	0.63	0.63	0.58	0.96	0.86	0.86	0.82	-	-0.62	-	-	-	0.62	-	-	-	-	-	-	-
Asset Writedown	-1.75	-17.82	-17.82	-18.61	-17.61	-0.79	-0.79	-2	-5.84	-5.84	-5.84	-3.84	-	-	-	-	-	-	-	-
Total Legal Settlements	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.6	-	-	-
Other Unusual Items	-	-	-	-	-	-1.37	-0.17	-0.17	-0.17	1.21	-	-	-	-	-	-	-	-	-	-
Pretax Income	26.07	30.7	32.16	70.59	71.95	62.12	61.43	18.99	21.26	31.22	31.52	20.56	17.59	12.77	12.19	18.69	14.87	8.92	10.26	3.32
Income Tax Expense	0.01	-0.03	-0.02	-0.04	-0.03	-0.02	-0.02	0.04	-0.16	-0.16	-0.17	-0.08	0.14	0.24	0.23	0.13	0.1	-	-	-
Earnings From Continuing Operations	26.06	30.73	32.17	70.63	71.98	62.14	61.45	18.95	21.43	31.38	31.68	20.64	17.44	12.54	11.96	18.56	14.78	8.92	10.26	3.32
Minority Interest in Earnings	-0.41	-0.58	-0.63	-1.76	-1.8	-1.56	-1.54	-0.47	-0.53	-0.77	-0.77	-0.48	-0.4	-0.29	-0.29	-0.53	-0.39	-0.18	-0.27	-0.21
Net Income	25.65	30.15	31.55	68.87	70.18	60.58	59.91	18.48	20.9	30.61	30.91	20.16	17.04	12.24	11.67	18.03	14.39	8.74	9.99	3.11
Preferred Dividends & Other Adjustments	1.48	2.22	2.75	3.33	3.48	3.48	3.48	3.13	3.13	3.08	3.13	3.11	3.09	3.2	3.27	9.06	11.39	13.64	15.83	12.3
Net Income to Common	24.17	27.93	28.8	65.54	66.7	57.09	56.43	15.35	17.77	27.54	27.79	17.05	13.95	9.05	8.4	8.97	3	-4.9	-5.83	-9.19
Net Income Growth (YoY)	-63.76%	-51.08%	-48.97%	327.04%	275.45%	107.35%	103.08%	-9.96%	27.36%	204.42%	230.75%	90.00%	365.12%	-	-	-	-	-	-	-
Basic Shares Outstanding	43	44	44	45	46	47	48	48	48	49	50	52	53	53	51	49	43	38	35	31
Diluted Shares Outstanding	46	51	51	56	59	55	56	56	56	57	58	52	53	53	51	49	43	38	35	31
Shares Change (YoY)	-22.63%	-8.66%	-8.45%	0.04%	5.81%	-2.22%	-3.95%	7.69%	5.33%	6.99%	14.40%	6.75%	22.66%	37.75%	47.09%	57.40%	44.33%	30.03%	17.92%	4.66%
EPS (Basic)	0.56	0.64	0.65	1.45	1.44	1.21	1.19	0.32	0.37	0.57	0.55	0.33	0.26	0.17	0.16	0.18	0.07	-0.13	-0.17	-0.30
EPS (Diluted)	0.55	0.60	0.61	1.24	1.21	1.09	1.06	0.32	0.37	0.53	0.53	0.33	0.26	0.17	0.16	0.18	0.07	-0.13	-0.17	-0.30
EPS Growth (YoY)	-54.28%	-44.72%	-42.29%	285.56%	229.01%	104.48%	101.08%	-1.43%	43.01%	212.45%	229.76%	79.14%	273.39%	-	-	-	-	-	-	-

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 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021
Dividend Per Share	0.300	0.270	0.240	0.240	0.240	0.240	0.240	0.240	0.240	0.240	0.240	0.240	0.240	0.240	0.230	0.220	0.210	0.200	0.200	0.200
Dividend Growth (YoY)	25.00%	12.50%	0%	0%	0%	0%	0%	0%	0%	0%	4.35%	9.09%	14.29%	20.00%	15.00%	10.00%	5.00%	0%	0%	0%
Operating Margin	45.23%	43.33%	43.77%	41.50%	42.10%	44.46%	45.51%	47.07%	46.66%	42.69%	41.51%	40.87%	41.37%	42.61%	41.03%	41.00%	37.32%	33.62%	32.63%	30.65%
Profit Margin	47.34%	54.12%	55.60%	125.63%	123.11%	102.54%	98.08%	26.25%	30.96%	48.40%	48.35%	29.53%	23.80%	15.07%	13.71%	15.09%	5.26%	-9.07%	-11.27%	-18.52%
EBITDA	26.78	26.27	26.84	26.15	27.79	30.03	31.77	33.44	33.19	31.47	31.36	31.38	31.8	32.57	32.1	31.35	28.5	25.62	24.52	22.93
EBITDA Margin	52.44%	50.90%	51.82%	50.13%	51.29%	53.94%	55.22%	57.20%	57.83%	55.32%	54.56%	54.36%	54.25%	54.28%	52.39%	52.73%	49.98%	47.38%	47.37%	46.21%
D&A For Ebitda	3.68	3.91	4.17	4.5	4.98	5.28	5.59	5.92	6.41	7.19	7.5	7.79	7.55	7	6.96	6.97	7.22	7.45	7.63	7.72
EBIT	23.1	22.37	22.67	21.65	22.81	24.75	26.18	27.52	26.78	24.28	23.86	23.59	24.25	25.57	25.14	24.38	21.28	18.18	16.89	15.21
EBIT Margin	45.23%	43.33%	43.77%	41.50%	42.10%	44.46%	45.51%	47.07%	46.66%	42.69%	41.51%	40.87%	41.37%	42.61%	41.03%	41.00%	37.32%	33.62%	32.63%	30.65%
Funds From Operations (FFO)	17.35	17.61	18.3	17.02	15.34	13.21	13.68	12.03	10.52	10.18	8.89	10.39	13.46	15.73	16.28	15.66	12.18	9.81	8.6	6.88
FFO Per Share	0.39	0.39	0.40	0.36	0.32	0.27	0.28	0.24	0.21	0.20	0.17	0.19	0.25	0.29	0.31	0.31	0.27	0.24	0.24	0.21
Adjusted Funds From Operations (AFFO)	-	-	17.87	-	-	-	14.07	-	-	-	8.14	-	-	-	15.76	-	-	-	0.41	-
AFFO Per Share	-	-	0.39	-	-	-	0.29	-	-	-	0.16	-	-	-	0.30	-	-	-	0.01	-
FFO Payout Ratio	117.41%	109.09%	348.38%	376.24%	419.19%	487.67%	158.11%	179.90%	206.09%	215.86%	138.10%	121.53%	95.55%	76.99%	68.35%	60.77%	65.60%	72.43%	73.97%	89.72%
Effective Tax Rate	0.03%	-	-	-	-	-	-	0.22%	-	-	-	-	0.82%	1.85%	1.86%	0.69%	0.65%	-	-	-
Revenue as Reported	51.47	52.03	52.18	52.94	55	56.49	58.23	58.34	56.65	56.78	57.47	57.7	59.22	59.99	61.21	59.43	56.4	54.05	51.74	49.61

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Apr 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 25, 2026

Data Sources Report a data error