Gladstone Land Corporation (LAND)
NASDAQ: LAND · Real-Time Price · USD
9.43
-0.12 (-1.26%)
At close: Sep 18, 2026, 4:00 PM EDT
9.58
+0.15 (1.56%)
After-hours: Sep 18, 2026, 7:38 PM EDT
Gladstone Land Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Property, Plant & Equipment | 1,072 | 1,100 | 1,157 | 1,277 | 1,326 | 1,284 |
Cash & Equivalents | 22.55 | 27.18 | 18.28 | 18.57 | 61.14 | 16.71 |
Investment In Debt and Equity Securities | 47.43 | 47.32 | 40.23 | - | - | - |
Other Intangible Assets | 3.35 | 3.55 | 4.09 | 5.36 | 9.82 | 4.51 |
Other Current Assets | 6.53 | 1.66 | - | - | - | - |
Trading Asset Securities | 5.32 | 4.9 | 7.63 | 7.37 | 9.01 | - |
Other Long-Term Assets | 34.67 | 55.05 | 84.6 | 79.33 | 51.23 | 45.86 |
Total Assets | 1,192 | 1,239 | 1,312 | 1,387 | 1,457 | 1,352 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Current Portion of Long-Term Debt | - | - | - | - | - | 1.04 |
Current Portion of Leases | 0.04 | 0.05 | - | - | - | - |
Long-Term Debt | 486.03 | 533.98 | 587.45 | 633.63 | 685.61 | 726.68 |
Long-Term Leases | 0.68 | 0.66 | 0.5 | 0.57 | 0.62 | 0.66 |
Accounts Payable | 17.5 | 22.01 | 18.4 | 10.3 | 16.27 | 10.87 |
Accrued Expenses | 3.21 | 2.84 | 2.97 | 3.87 | 4.37 | 4.22 |
Other Long-Term Liabilities | 11.62 | 9.36 | 15.69 | 19.34 | 19.03 | 19.01 |
Total Liabilities | 519.09 | 568.89 | 625.01 | 667.71 | 725.89 | 762.48 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Preferred Stock, Redeemable | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 |
Common Stock | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.03 |
Additional Paid-In Capital | 908.54 | 870.85 | 854.06 | 856.21 | 836.67 | 668.28 |
Distributions in Excess of Earnings | -240.81 | -205.51 | -174.56 | -144.01 | -114.37 | -80.47 |
Comprehensive Income & Other | 5.32 | 4.9 | 7.63 | 7.37 | 9.01 | -1.04 |
Total Common Equity | 673.1 | 670.27 | 687.17 | 719.6 | 731.35 | 586.81 |
Minority Interest | - | - | - | - | - | 2.25 |
Shareholders' Equity | 673.11 | 670.29 | 687.18 | 719.61 | 731.36 | 589.07 |
Total Liabilities & Equity | 1,192 | 1,239 | 1,312 | 1,387 | 1,457 | 1,352 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 486.76 | 534.68 | 587.95 | 634.2 | 686.22 | 728.38 |
Net Cash (Debt) | -458.88 | -502.61 | -562.04 | -608.26 | -616.08 | -711.67 |
Net Cash (Debt) Growth | - | - | - | - | - | - |
Net Cash Per Share | -11.66 | -13.77 | -15.65 | -17.02 | -17.82 | -23.44 |
Filing Date Shares Outstanding | 43.14 | 41.44 | 36.18 | 35.84 | 35.71 | 34.21 |
Total Common Shares Outstanding | 43.14 | 38.01 | 36.18 | 35.84 | 35.05 | 34.21 |
Book Value Per Share | 15.60 | 17.63 | 18.99 | 20.08 | 20.87 | 17.15 |
Tangible Book Value | 669.74 | 666.72 | 683.08 | 714.24 | 721.53 | 582.3 |
Tangible Book Value Per Share | 15.53 | 17.54 | 18.88 | 19.93 | 20.59 | 17.02 |
Land | 712.54 | 717.41 | 743.14 | 792.28 | 845.78 | 812.83 |