STOCK TITAN

Gladstone Land Corporation 5.00% Series D Cumulative Term Preferred Stock (LANDM) Financials

LANDM
Trailing 12 months to March 31, 2026
Revenue $88.1M +7.7% YoY
Net Income -$5.9M -139.7% YoY
EPS (Diluted) -$0.29 FY2025 annual
Operating Cash Flow $11.8M -61.4% YoY
Source SEC Filings (10-K/10-Q) Latest period Q1 FY2026, ended Mar 31, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q1 FY2026, filed May 11, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the LANDM SEC filings page.

Gladstone Land Corporation 5.00% Series D Cumulative Term Preferred Stock (LANDM) reported $88.1M in revenue over the twelve months to Mar 31, 2026, up 7.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI LANDM FY2025

Asset-heavy structure remains central: deleveraging continues, but operating cash conversion has weakened despite stable reported profitability.

In FY2025, operating cash flow fell to $7.0M while net income remained $13.5M, separating reported earnings from cash generation. With depreciation and amortization at $34.5M, non-cash charges alone do not explain why operating cash lagged accounting profit, pointing to weaker underlying cash conversion.

Debt-to-equity declined from 0.8x in FY2024 to 0.7x in FY2025. The balance-sheet improvement accompanied lower total liabilities of $568.9M and a shrinking asset base, indicating reduced financial leverage rather than simply a larger equity cushion.

Revenue recovered to $88.3M in FY2025 after $85.2M in FY2024, but the margin outcome was not stronger. Net margin eased to 15.3% from 15.6%, showing modest top-line recovery without additional profit conversion.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

Gladstone Land Corporation 5.00% Series D Cumulative Term Preferred Stock does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial
5/8

Gladstone Land Corporation 5.00% Series D Cumulative Term Preferred Stock passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Mixed
0.52x

For every $1 of reported earnings, Gladstone Land Corporation 5.00% Series D Cumulative Term Preferred Stock generates $0.52 in operating cash flow ($7.0M OCF vs $13.5M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue
$16.6M
YoY-1.5%
QoQ-60.1%
5Y CAGR+0.6%

Gladstone Land Corporation 5.00% Series D Cumulative Term Preferred Stock generated $16.6M in revenue in Q1 2026. This represents a decrease of 1.5% from the same quarter a year earlier. Against the prior quarter it is down 60.1%.

Net Income
-$4.3M
YoY-128.5%
QoQ-202.2%

Gladstone Land Corporation 5.00% Series D Cumulative Term Preferred Stock reported -$4.3M in net income in Q1 2026. This represents a decrease of 128.5% from the same quarter a year earlier. Against the prior quarter it is down 202.2%.

EPS (Diluted)
-$0.24

Gladstone Land Corporation 5.00% Series D Cumulative Term Preferred Stock earned -$0.24 per diluted share (EPS) in Q1 2026.

EBITDA

Not reported for Q1 2026.

Cash & Balance Sheet

Cash & Debt
$8.6M
YoY-79.9%
QoQ-68.3%
5Y CAGR-34.7%
10Y CAGR+14.7%

Gladstone Land Corporation 5.00% Series D Cumulative Term Preferred Stock held $8.6M in cash against $484.2M in long-term debt as of Q1 2026.

Shares Outstanding
42M
QoQ+10.4%
5Y CAGR+9.4%
10Y CAGR+15.4%

Gladstone Land Corporation 5.00% Series D Cumulative Term Preferred Stock had 42M shares outstanding in Q1 2026. Against the prior quarter it is up 10.4%.

Free Cash Flow

Not reported for Q1 2026.

Dividends Per Share

Not reported for Q1 2026.

Margins & Returns

Net Margin
-26.0%
YoY-115.9pp
QoQ-36.2pp
5Y change-29.5pp

Gladstone Land Corporation 5.00% Series D Cumulative Term Preferred Stock's net profit margin was -26.0% in Q1 2026, showing the share of revenue converted to profit. This is down 115.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 36.2 percentage points.

Return on Equity
-0.6%
YoY-2.8pp
QoQ-1.3pp
5Y change-0.8pp
10Y change-0.9pp

Gladstone Land Corporation 5.00% Series D Cumulative Term Preferred Stock's ROE was -0.6% in Q1 2026, measuring profit generated per dollar of shareholder equity. This is down 2.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.3 percentage points.

Gross Margin

Not reported for Q1 2026.

Operating Margin

Not reported for Q1 2026.

Capital Allocation

None of these metrics is reported for Q1 2026.

LANDM Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

LANDM quarterly income statement
MetricQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-QQ2'2410-Q
Revenue$16.6M-1.5%$41.5M+96.5%$17.8M-21.2%$12.3M-42.3%$16.8M-17.0%$21.1M-13.7%$22.6M-4.1%$21.3M+0.4%
SG&A Expenses$723K+6.0%$585K-7.4%$556K-15.1%$520K-32.6%$682K+20.5%$632K-14.9%$655K+8.3%$772K-2.3%
Interest Expense$4.7M-8.7%$5.0M-6.9%$4.8M-10.2%$5.0M-10.1%$5.2M-6.8%$5.4M-7.5%$5.4M-7.8%$5.5M-6.8%
Income Tax$0N/AN/AN/A$0N/AN/AN/A
Net Income-$4.3M-128.5%$4.2M+680.0%$2.1M+34683.3%-$7.9M-857.2%$15.1M+11.4%$540K-70.3%$6K-99.8%-$823K-110.5%
EPS (Basic)-$0.24-196.0%N/A-$0.11+31.3%-$0.38-100.0%$0.25+19.0%N/A-$0.16-100.0%-$0.19-480.0%
EPS (Diluted)-$0.24N/A-$0.11+31.3%-$0.38$0.25+19.0%N/A-$0.16-100.0%-$0.19
Diluted Shares (Avg)41MN/A36M+1.0%36M36M+1.0%N/A36M0.0%36M

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.

LANDM Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

LANDM quarterly balance sheet
MetricQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-QQ2'2410-Q
Total Assets$1.2B-6.1%$1.2B-5.6%$1.2B-7.0%$1.3B-6.9%$1.3B-6.0%$1.3B-5.4%$1.3B-6.3%$1.4B-5.3%
Cash & Equivalents$8.6M-79.9%$27.2M+48.7%$11.3M-14.4%$30.5M-38.7%$42.9M-16.8%$18.3M-1.6%$13.2M-47.3%$49.8M+3.2%
Total Liabilities$515.4M-12.9%$568.9M-9.0%$564.0M-10.0%$588.5M-8.6%$591.9M-7.5%$625.0M-6.4%$626.7M-7.1%$644.1M-7.2%
Long-Term Debt$484.2M-2.9%$473.6M-10.2%$480.4M-9.5%$496.4M-9.6%$498.8M-9.7%$527.5M-8.1%$530.7M-9.2%$549.4M-7.5%
Total Equity$688.3M-0.2%$670.3M-2.5%$661.8M-4.3%$670.1M-5.4%$689.9M-4.6%$687.2M-4.5%$691.2M-5.5%$708.5M-3.6%

Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities, Retained Earnings.

LANDM Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

LANDM quarterly cash flow statement
MetricQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-QQ2'2410-Q
Operating Cash Flow$9.3M+108.1%$10.6M-8.4%-$12.0M-780.5%$3.9M-75.2%$4.5M+30.6%$11.6M-33.5%-$1.4M-1808.7%$15.9M-10.9%
Depreciation & Amortization$10.4M+23.0%$9.4M+8.1%$8.4M-4.7%$8.4M-5.0%$8.4M-4.1%$8.6M-11.3%$8.8M-4.7%$8.8M-2.6%
Investing Cash Flow-$219K-100.4%$7.7M+134.4%$19.0M+1259.7%-$2.8M-235.4%$60.2M-3.7%$3.3M+221.9%-$1.6M+60.9%-$841K-113.7%
Financing Cash Flow-$27.6M+31.0%-$2.4M+75.4%-$26.1M+22.1%-$13.6M+19.6%-$40.0M-21.5%-$9.8M+53.9%-$33.5M-76.3%-$16.9M-16.3%
Dividends Paid$5.8M+13.6%$5.3M+3.8%$5.1M+1.0%$5.1M+1.2%$5.1M+1.4%$5.1M+1.5%$5.0M+1.1%$5.0M+1.6%

Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Share Buybacks.

LANDM Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

LANDM quarterly financial ratios
MetricQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-QQ2'2410-Q
Net Margin-26.0%-115.9pp10.2%+7.6pp11.7%+11.7pp-64.1%-60.2pp89.9%+22.9pp2.6%-4.9pp0.0%-13.3pp-3.9%-40.9pp
Return on Equity-0.6%-2.8pp0.6%+0.5pp0.3%+0.3pp-1.2%-1.1pp2.2%+0.3pp0.1%-0.2pp0.0%-0.4pp-0.1%-1.2pp
Return on Assets-0.4%-1.5pp0.3%+0.3pp0.2%+0.2pp-0.6%-0.6pp1.2%+0.2pp0.0%-0.1pp0.0%-0.2pp-0.1%-0.6pp
Debt-to-Equity0.700.0x0.71-0.1x0.730.0x0.740.0x0.720.0x0.770.0x0.770.0x0.780.0x
Asset Turnover0.010.0x0.030.0x0.010.0x0.010.0x0.010.0x0.020.0x0.020.0x0.020.0x

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.

Frequently Asked Questions

What is Gladstone Land Corporation 5.00% Series D Cumulative Term Preferred Stock's annual revenue?

Gladstone Land Corporation 5.00% Series D Cumulative Term Preferred Stock (LANDM) reported $88.3M in total revenue for fiscal year 2025. This represents a 3.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Gladstone Land Corporation 5.00% Series D Cumulative Term Preferred Stock's revenue growing?

Gladstone Land Corporation 5.00% Series D Cumulative Term Preferred Stock (LANDM) revenue grew by 3.7% year-over-year, from $85.2M to $88.3M in fiscal year 2025.

Is Gladstone Land Corporation 5.00% Series D Cumulative Term Preferred Stock profitable?

Yes, Gladstone Land Corporation 5.00% Series D Cumulative Term Preferred Stock (LANDM) reported a net income of $13.5M in fiscal year 2025, with a net profit margin of 15.3%.

Gladstone Land Corporation 5.00% Series D Cumulative Term Preferred Stock (LANDM) reported diluted earnings per share of -$0.29 for fiscal year 2025. That is unchanged from the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

As of fiscal year 2025, Gladstone Land Corporation 5.00% Series D Cumulative Term Preferred Stock (LANDM) had $27.2M in cash and equivalents against $473.6M in long-term debt.

Gladstone Land Corporation 5.00% Series D Cumulative Term Preferred Stock (LANDM) had a gross margin of 89.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Gladstone Land Corporation 5.00% Series D Cumulative Term Preferred Stock (LANDM) had a net profit margin of 15.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Gladstone Land Corporation 5.00% Series D Cumulative Term Preferred Stock (LANDM) has a return on equity of 2.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Gladstone Land Corporation 5.00% Series D Cumulative Term Preferred Stock (LANDM) generated $7.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Gladstone Land Corporation 5.00% Series D Cumulative Term Preferred Stock (LANDM) had $1.2B in total assets as of fiscal year 2025, including both current and long-term assets.

Gladstone Land Corporation 5.00% Series D Cumulative Term Preferred Stock (LANDM) had 38M shares outstanding as of fiscal year 2025.

Gladstone Land Corporation 5.00% Series D Cumulative Term Preferred Stock (LANDM) had a debt-to-equity ratio of 0.71 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Gladstone Land Corporation 5.00% Series D Cumulative Term Preferred Stock (LANDM) had a return on assets of 1.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Gladstone Land Corporation 5.00% Series D Cumulative Term Preferred Stock (LANDM) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Gladstone Land Corporation 5.00% Series D Cumulative Term Preferred Stock (LANDM) has an earnings quality ratio of 0.52x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Back to top