For Q1 FY2026 ended March 31, 2026, Farmland Partners reported revenue of $10.1 million, down 1.5% year-over-year. Net income was $0.6 million, a decline of 68.6% from the prior year. Diluted EPS was $0.01, down 66.7% year-over-year. Long-term debt stood at $232.8 million.
•Revenue decreased 1.5% YoY to $10.1 million.
•Net income fell 68.6% YoY to $0.6 million.
•Diluted EPS was $0.01, down 66.7% YoY.
•Long-term debt was $232.8 million as of March 31, 2026.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Farmland Partners is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to third-party farmers (both tenant and non-tenant) and landowners secured by farm real estate and/or other agricultural related assets.
As of March 31, 2026, the Company owned approximately 70,400 acres of farmland in 11 states including Arkansas, California, Colorado, Illinois, Indiana, Louisiana, Missouri, Nebraska, South Carolina, Texas, and West Virginia. Additionally, it owns land and buildings for four agriculture equipment dealerships in Ohio leased to Ag Pro under the John Deere brand.
The Company elected to be taxed as a real estate investment trust, or REIT, for U.S. federal income tax purposes, commencing with the taxable year ended December 31, 2014. Farmland Partners Inc. was established on September 27, 2013 and is based in Denver, United States.
Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland. The company also makes loans to third-party farmers and landowners, secured by farm real estate and other agricultural assets. As of March 31, 2026, it owned approximately 70,400 acres of farmland across 11 states, including Arkansas, California, Colorado, Illinois, Indiana, Louisiana, Missouri, Nebraska, South Carolina, Texas, and West Virginia. Additionally, it owns land and buildings for four agriculture equipment dealerships in Ohio, leased to Ag Pro under the John Deere brand. The company elected to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes, starting with the taxable year ended December 31, 2014.
Where is Farmland Partners Inc. (FPI) listed and in which currency?
Farmland Partners Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol FPI. The company's financials are reported in US Dollars (USD), reflecting its operations primarily in the United States. As a US-based real estate investment trust, its shares trade in USD on the NYSE, making it accessible to investors through major brokerage platforms.
What sector and industry does Farmland Partners Inc. (FPI) belong to?
Farmland Partners Inc. operates in the Real Estate sector, specifically within the REIT - Specialty industry. As a real estate investment trust, it focuses on owning and managing agricultural land, which is considered a specialty REIT category. This classification distinguishes it from other REITs that may focus on residential, commercial, or industrial properties. The company's specialty is farmland and agricultural assets, providing investors exposure to the agricultural real estate market.
Where is Farmland Partners Inc. (FPI) headquartered and what markets does it serve?
Farmland Partners Inc. is headquartered in Denver, Colorado, United States. The company was established on September 27, 2013. It serves the North American farmland market, with its portfolio concentrated in the United States. As of March 31, 2026, it owned farmland in 11 states: Arkansas, California, Colorado, Illinois, Indiana, Louisiana, Missouri, Nebraska, South Carolina, Texas, and West Virginia. Additionally, it owns agricultural equipment dealership properties in Ohio. The company's operations are focused on the US agricultural sector, making it a domestic player in the farmland investment space.
How does Farmland Partners Inc. (FPI) generate revenue?
Farmland Partners Inc. generates revenue primarily through leasing its owned farmland to tenant farmers, as well as through interest income from loans made to third-party farmers and landowners secured by farm real estate. The company's portfolio includes approximately 70,400 acres of farmland across 11 states, which are leased to agricultural operators. Additionally, it owns land and buildings for four agriculture equipment dealerships in Ohio, leased to Ag Pro under the John Deere brand, providing rental income. As a REIT, the company is required to distribute at least 90% of its taxable income to shareholders, making dividends a key component of its business model.