Farmland Partners (FPI)
Owns U.S. farmland leased to farmers, with farm-secured lending alongside.
$10.75
vs last close−0.17 (−1.60%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 12 | 22 | 12 | 11 | 13 | 21 | 10 | 10 | 11 | 23 | 10 | 9 |
| Cost of revenue | 3 | 6 | 2 | 3 | 4 | 3 | 2 | 3 | 3 | 4 | 1 | 1 |
| Gross profit | 9 | 16 | 10 | 9 | 10 | 19 | 8 | 7 | 8 | 19 | 9 | 9 |
| 9 | 4 | 4 | 6 | 5 | 7 | 4 | 4 | 4 | 5 | 5 | 4 | |
| 3 | 3 | 3 | 4 | 3 | 5 | 3 | 2 | 3 | 4 | 2 | 2 | |
| General & administrative | 3 | 3 | 3 | 4 | 3 | 5 | 3 | 2 | 3 | 4 | 2 | 2 |
| Other expenses | 6 | 0 | 2 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 3 | 2 |
| Operating income | 0 | 12 | 5 | 3 | 5 | 12 | 4 | 3 | 4 | 14 | 4 | 4 |
| 4 | 5 | −4 | −5 | −3 | 48 | −2 | 5 | −4 | 7 | −3 | −1 | |
| Interest expense | 6 | 6 | 5 | 5 | 5 | 3 | 3 | 2 | 2 | 2 | 3 | 3 |
| Other non-operating income | −10 | −11 | −1 | 0 | −2 | −51 | −1 | −8 | 1 | −10 | 0 | −2 |
| Income before tax | 4 | 18 | 1 | −2 | 2 | 60 | 2 | 8 | 0 | 22 | 1 | 3 |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 |
| Net income from continuing operations | 4 | 18 | 1 | −2 | 2 | 60 | 2 | 8 | 0 | 21 | 1 | 3 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 4 | 17 | 1 | −2 | 2 | 59 | 2 | 8 | 0 | 21 | 1 | 3 |
| EPS, basic | $0.07 | $0.34 | $0.01 | −$0.06 | $0.02 | $1.21 | $0.03 | $0.17 | −$0.00 | $0.52 | $0.01 | $0.07 |
| EPS, diluted | $0.07 | $0.26 | $0.01 | −$0.06 | $0.02 | $1.03 | $0.03 | $0.14 | −$0.00 | $0.46 | $0.01 | $0.07 |
| Weighted average shares, basic | 48 | 48 | 48 | 48 | 48 | 48 | 46 | 45 | 43 | 44 | 43 | 43 |
| Weighted average shares, diluted | 48 | 65 | 48 | 48 | 48 | 56 | 46 | 54 | 43 | 51 | 43 | 43 |
| EBITDA | 12 | 25 | 8 | 5 | 9 | 65 | 6 | 11 | 4 | 25 | 4 | 7 |
| Depreciation & amortization | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBIT | 10 | 23 | 6 | 3 | 7 | 63 | 5 | 10 | 3 | 24 | 3 | 6 |