Gladstone Land Corporation (LAND)
NASDAQ: LAND · Real-Time Price · USD
8.97
+0.10 (1.13%)
At close: Aug 28, 2026, 4:00 PM EDT
8.99
+0.02 (0.24%)
After-hours: Aug 28, 2026, 7:30 PM EDT
Gladstone Land Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
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 |
Rental Revenue | 74.18 | 76.13 | 84.76 | 90.32 | 89.24 | 75.32 |
Other Revenue | 14.35 | 12.19 | 0.39 | 0.02 | -0.07 | -0.06 |
| 88.53 | 88.31 | 85.16 | 90.34 | 89.16 | 75.26 | |
Revenue Growth (YoY | 21.79% | 3.71% | -5.74% | 1.32% | 18.48% | 31.97% |
Property Expenses | 25.07 | 24.29 | 13.7 | 12.8 | 11.13 | 8.87 |
Selling, General & Administrative | 5.62 | 4.96 | 5.08 | 6.95 | 7.97 | 7.57 |
Depreciation & Amortization | 36 | 34.55 | 35.06 | 37.16 | 35.37 | 27.18 |
Total Operating Expenses | 66.69 | 63.8 | 53.84 | 56.92 | 54.46 | 43.61 |
Operating Income | 21.84 | 24.51 | 31.32 | 33.42 | 34.7 | 31.64 |
Interest Expense | -21.01 | -23.04 | -24.9 | -26.68 | -28.76 | -27.95 |
Interest & Investment Income | 1.77 | 2.51 | 3.38 | 3.63 | 3.44 | 2.29 |
Other Non-Operating Income | -0.55 | -0.55 | - | - | -0.85 | - |
EBT Excluding Unusual Items | 2.05 | 3.43 | 9.79 | 10.37 | 8.53 | 5.98 |
Gain (Loss) on Sale of Assets | 0.6 | 13.88 | 5.89 | 5.21 | -3.76 | -2.54 |
Total Insurance Settlements | - | 0.14 | - | - | - | 0.07 |
Asset Writedown | -9 | -3.92 | -2.11 | - | - | - |
Other Unusual Items | -0.12 | - | -0.28 | -1.02 | -0.06 | - |
Pretax Income | -6.47 | 13.53 | 13.29 | 14.57 | 4.72 | 3.51 |
Earnings From Continuing Operations | -6.47 | 13.53 | 13.29 | 14.57 | 4.72 | 3.51 |
Minority Interest in Earnings | - | - | - | - | -0.01 | -0.02 |
Net Income | -6.47 | 13.53 | 13.29 | 14.57 | 4.71 | 3.5 |
Preferred Dividends & Other Adjustments | 22.75 | 24.01 | 23.75 | 24.42 | 19.72 | 12.26 |
Net Income to Common | -29.22 | -10.48 | -10.46 | -9.85 | -15.01 | -8.76 |
Net Income Growth | - | - | - | - | - | - |
Basic Shares Outstanding | 39 | 37 | 36 | 36 | 35 | 30 |
Diluted Shares Outstanding | 39 | 37 | 36 | 36 | 35 | 30 |
Shares Change | 9.08% | 1.66% | 0.49% | 3.39% | 13.86% | 36.39% |
EPS (Basic) | -0.74 | -0.29 | -0.29 | -0.28 | -0.43 | -0.29 |
EPS (Diluted) | -0.74 | -0.29 | -0.29 | -0.28 | -0.43 | -0.29 |
EPS Growth | - | - | - | - | - | - |
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 |
Dividend Per Share | 0.560 | 0.560 | 0.559 | 0.553 | 0.546 | 0.541 |
Dividend Growth | 0% | 0.16% | 1.08% | 1.32% | 1.03% | 0.67% |
Operating Margin | 24.67% | 27.76% | 36.78% | 37.00% | 38.92% | 42.05% |
Profit Margin | -33.00% | -11.87% | -12.28% | -10.91% | -16.83% | -11.64% |
EBITDA | 66.92 | 70.29 | 68.43 | 71.12 | 69.59 | 58.25 |
EBITDA Margin | 75.59% | 79.59% | 80.36% | 78.72% | 78.04% | 77.39% |
D&A For Ebitda | 45.08 | 45.78 | 37.11 | 37.7 | 34.88 | 26.6 |
EBIT | 21.84 | 24.51 | 31.32 | 33.42 | 34.7 | 31.64 |
EBIT Margin | 24.67% | 27.76% | 36.78% | 37.00% | 38.92% | 42.05% |
Funds From Operations (FFO) | 15.21 | 14.15 | 20.89 | 22.19 | 24.18 | 21.01 |
FFO Per Share | - | 0.39 | 0.58 | 0.62 | 0.70 | 0.69 |
Adjusted Funds From Operations (AFFO) | - | 14.36 | 16.72 | 20.32 | 24.26 | 20.36 |
AFFO Per Share | - | 0.39 | 0.47 | 0.57 | 0.70 | 0.67 |
FFO Payout Ratio | 145.39% | 144.63% | 96.21% | 89.17% | 78.13% | 78.48% |
Revenue as Reported | 88.48 | 88.34 | 85.22 | 90.4 | 89.24 | 75.32 |