Every 10-Q that Gladstone Land Corporation (LAND) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow LAND and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LAND filings page.
Gladstone Land Corporation, a farmland REIT, reported weak profitability but stronger cash generation for the six months ended June 30, 2026. Lease revenue was $27.2 million, slightly below $29.1 million a year earlier, while total operating revenues were $29.2 million.
Impairment charges of $5.1 million on farms in Florida and Arizona, lower gains on property sales, and higher operating costs drove a net loss of $12.8 million and a net loss attributable to common stockholders of $23.5 million, or $(0.56) per share, versus a $(0.13) loss a year earlier. Despite this, net cash provided by operating activities rose to $29.2 million from $8.4 million, helped by working-capital movements and non‑cash expenses.
As of June 30, 2026, the company owned 144 farms totaling 98,688 acres and 55,649 acre-feet of water assets, with total assets of $1.19 billion and equity of $673.1 million. Management continued to reshape the capital structure by redeeming $60.6 million of 5.00% Series D Term Preferred Stock, repurchasing $11.1 million of Series B and C preferred shares below liquidation value, and issuing 5.1 million common shares under its at-the-market program for $51.4 million in gross proceeds.
Gladstone Land Corporation reported a weaker quarter, moving to a loss. For the three months ended March 31, 2026, total operating revenues were $16.6 million, essentially flat with $16.8 million a year earlier, but lease revenue declined to $14.8 million from $16.8 million as several leases shifted to cash-basis accounting and prior-year results included a sizable lease termination fee.
Operating expenses rose to $16.6 million from $13.1 million, driven by higher depreciation and an $0.9 million impairment charge on a Florida property. Other income swung from a $11.4 million benefit to a $4.3 million expense as there were no repeat gains on farm sales. As a result, net loss attributable to common stockholders was $10.0 million, versus net income of $9.1 million in the prior-year quarter, and basic and diluted EPS moved to a loss of $0.24 from earnings of $0.25.
Despite the loss, cash flow from operating activities improved to $9.3 million from $4.5 million, helped by non-cash charges and working-capital changes. The company ended the quarter with $1.20 billion in total assets, $515.4 million of liabilities, and $688.3 million of equity, and held 144 farms totaling 98,688 acres across 14 states and 55,649 acre-feet of water assets in California.
Gladstone Land Corporation (LAND) reported Q3 2025 results highlighting lower lease revenue and continued portfolio repositioning. Lease revenue, net, was $17.7 million for the quarter and $46.8 million year-to-date, compared with $22.6 million and $63.7 million a year ago. Net income was $2.1 million in Q3, but after preferred dividends, the net loss attributable to common stockholders was $3.9 million, or $0.11 per share.
The company executed sizable asset sales: five Florida farms for about $52.5 million in January (gain ~$14.1 million), two Nebraska farms for $12.0 million in February (gain ~$1.6 million), and two Florida farms for $21.5 million in August (gain ~$6.0 million), contributing to $16.3 million of gains year‑to‑date. Total assets were $1.23 billion, and notes and bonds payable, net, decreased to $480.2 million. Operating cash flow was a use of $3.6 million, while investing cash flow benefited from $82.5 million of sale proceeds.
As of September 30, 2025, the portfolio included 148 farms across 100,323 acres and 55,532 acre‑feet of water assets. An impairment of ~$316,000 was recorded on a Florida property. Common shares outstanding were 36,307,401 as of September 30, 2025.