Popularity #2,241Dividend on the way · $0.0467
Gladstone Land (LAND)
Leases US farmland to independent farmers under triple-net contracts with monthly distributions.
$9.53
vs last close−0.20 (−2.06%)
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 | 24 | 24 | 20 | 21 | 23 | 21 | 17 | 12 | 18 | 41 | 17 | 13 |
| Cost of revenue | 1 | 1 | 1 | 1 | 1 | 2 | 20 | 20 | 20 | 33 | 25 | 19 |
| Gross profit | 23 | 23 | 19 | 20 | 21 | 19 | −3 | −8 | −2 | 8 | −8 | −6 |
| 13 | 14 | 12 | 12 | 12 | 12 | −7 | −7 | −7 | −7 | −9 | −6 | |
| 3 | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 3 | −5 | 1 | 2 | |
| General & administrative | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 3 | −5 | 1 | 2 |
| Other expenses | 10 | 11 | 9 | 9 | 9 | 9 | −10 | −10 | −10 | −3 | −10 | −8 |
| Operating income | 9 | 9 | 7 | 8 | 9 | 7 | 4 | 0 | 5 | 16 | 1 | 0 |
| −6 | −7 | 6 | −9 | −9 | −7 | 11 | −8 | −3 | −12 | −5 | −8 | |
| Interest income | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 |
| Interest expense | 6 | 6 | 6 | 6 | 5 | 5 | 6 | 6 | 6 | 6 | 5 | 5 |
| Other non-operating income | 0 | 1 | −12 | 3 | 4 | 1 | −17 | 2 | −3 | 6 | 0 | 4 |
| Income before tax | 3 | 2 | 14 | −1 | 0 | 1 | 15 | −8 | 2 | 4 | −4 | −8 |
| Net income from continuing operations | 3 | 2 | 14 | −1 | 0 | 1 | 15 | −8 | 2 | 4 | −4 | −8 |
| Net income | 3 | 2 | 14 | −1 | 0 | 1 | 15 | −8 | 2 | 4 | −4 | −8 |
| EPS, basic | −$0.08 | −$0.12 | $0.21 | −$0.19 | −$0.16 | −$0.15 | $0.25 | −$0.38 | −$0.11 | −$0.05 | −$0.24 | −$0.32 |
| EPS, diluted | −$0.08 | −$0.12 | $0.21 | −$0.19 | −$0.16 | −$0.15 | $0.25 | −$0.38 | −$0.11 | −$0.05 | −$0.24 | −$0.32 |
| Weighted average shares, basic | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 37 | 41 | 43 |
| Weighted average shares, diluted | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 37 | 41 | 43 |
| EBITDA | 18 | 17 | 28 | 14 | 14 | 15 | 29 | 6 | 16 | 19 | 11 | 4 |
| Depreciation & amortization | 9 | 10 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 9 | 10 | 8 |
| EBIT | 9 | 8 | 19 | 5 | 5 | 6 | 21 | −2 | 8 | 10 | 1 | −4 |