Gladstone Land Corporation (LAND)

Gladstone Land Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-5.88	13.53	13.29	14.57	4.72	3.51
Depreciation & Amortization	36.49	34.55	35.06	37.16	35.37	27.18
Other Adjustments	18.82	3.05	-0.34	-2.44	5.46	3.26
Changes in Inventories	-1.91	-1.05	-	-	-	-
Changes in Accounts Payable	-12.6	-13.85	-5.1	-2.9	5.68	1.91
Changes in Other Operating Activities	-22.37	-29.23	-13.36	-6.3	-7.44	-3.48
Operating Cash Flow	11.82	6.99	29.55	40.08	43.79	32.38
Operating Cash Flow Growth	-61.36%	-76.33%	-26.28%	-8.47%	35.24%	29.50%
Capital Expenditures	-5.58	-7.16	-5.2	-12.81	-82.18	-292.95
Sale of Property, Plant & Equipment	29.28	91.3	68.51	9.04	-	-
Other Investing Activities	-	-0.07	-	-	-3.3	-2.05
Investing Cash Flow	23.63	84.07	63.31	-3.77	-85.48	-295
Short-Term Debt Issued	40.8	2.9	3.4	0.2	-	-
Short-Term Debt Repaid	-27.2	-6.3	-	-0.1	-	-
Net Short-Term Debt Issued (Repaid)	13.6	-3.4	3.4	0.1	-	-
Long-Term Debt Issued	5.3	10.6	-	-	9.93	67.91
Long-Term Debt Repaid	-42.03	-61.56	-50.52	-53.02	-51.65	-23.92
Net Long-Term Debt Issued (Repaid)	-36.73	-50.96	-50.52	-53.02	-41.72	43.98
Issuance of Common Stock	54.19	17.07	5.09	21.27	188.11	233.39
Net Common Stock Issued (Repurchased)	54.19	17.07	5.09	21.27	188.11	233.39
Issuance of Preferred Stock	-	-	-	-	-	60.38
Repurchase of Preferred Stock	-63.18	-0.1	-6.63	-1.19	-0.9	-29
Net Preferred Stock Issued (Repurchased)	-63.18	-0.1	-6.63	-1.19	-0.9	31.38
Common Dividends Paid	-21.16	-20.47	-20.1	-19.79	-18.89	-16.49
Preferred Share Dividends Paid	-24	-24.01	-24.25	-25.3	-18.07	-12.68
Other Financing Activities	-0.68	-0.29	-0.15	-0.96	-22.4	-9.47
Financing Cash Flow	-69.75	-82.16	-93.15	-78.88	86.13	270.11
Net Cash Flow	-34.29	8.9	-0.3	-42.57	44.43	7.49
Free Cash Flow	6.24	-0.17	24.35	27.28	-38.39	-260.57
Free Cash Flow Growth	-	-	-10.72%	-	-	-
FCF Margin	7.08%	-0.19%	28.58%	30.17%	-43.02%	-345.96%
Free Cash Flow Per Share	0.17	-0.00	0.68	0.76	-1.11	-8.58
Levered Free Cash Flow	-58.68	-81.59	-46.18	-47.61	-105.3	-232.12
Unlevered Free Cash Flow	20.51	3.33	40.67	48.64	-14.65	-235.64

Updated May 11, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q