LAND · XBRL financial data

GLADSTONE LAND financial statements, every quarter

The same tables from 13 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (LAND's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Revenue	24	24*	20	21	23	21*	17	12	18	41*	17	13
Revenue from contracts with customers	—	year only	—	—	—	year only	0	0	—	year only	2	0
Cost of goods and services sold	—	year only	—	—	—	year only	—	—	—	year only	—	—
General and administrative	1	1*	1	1	1	1*	1	1	1	1*	1	1
Total operating expenses	14	16*	13	13	16	14*	13	13	13	29*	—	—
Interest expense	6	6*	6	6	5	5*	5	5	5	5*	5	5
Income tax expense (benefit)	—	—	—	—	—	—	0	0	—	—	0	0
Net income (loss)	3	2*	14	(1)	0	1*	15	(8)	2	4*	(4)	(8)
Earnings per share, basic USD per share	(0.08)	—	0.21	(0.19)	(0.16)	—	0.25	(0.38)	(0.11)	—	(0.24)	(0.32)
Earnings per share, diluted USD per share	(0.08)	—	0.21	(0.19)	(0.16)	—	0.25	(0.38)	(0.11)	—	(0.24)	(0.32)
Weighted average shares, basic millions of shares	36	36*	36	36	36	36*	36	36	36	37*	41	43
Weighted average shares, diluted millions of shares	36	36*	36	36	36	36*	36	36	36	37*	41	43

Fiscal quarters (LAND's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	25	19	52	50	13	18	43	30	11	27	9	23
Right-of-use asset	—	1	—	—	—	1	—	—	—	1	—	—
Total assets	1,406	1,387	1,364	1,353	1,318	1,312	1,282	1,259	1,226	1,239	1,204	1,192
Total liabilities	675	668	640	644	627	625	592	589	564	569	515	519
Total stockholders' equity	731	720	723	708	691	687	690	670	662	670	688	673
Total liabilities and equity	1,406	1,387	1,364	1,353	1,318	1,312	1,282	1,259	1,226	1,239	1,204	1,192
Common shares outstanding (cover page) millions of shares	36	36	36	36	36	36	36	36	37	41	43	43

Fiscal quarters (LAND's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	3	2*	14	(1)	0	1*	15	(8)	2	4*	(4)	(8)
Depreciation and amortization	9	10*	9	9	9	9*	8	8	8	9*	10	8
Net cash from operating activities	0*	17*	3	16*	(1)*	12*	4	4*	(12)*	11*	9	20*
Net cash from investing activities	(4)*	(3)*	63	(1)*	(2)*	3*	60	(3)*	19*	8*	(0)	(0)*
Proceeds from issuing common stock	—	—	—	—	—	—	0	0*	—	—	37	14*
Dividends paid	5*	5*	5	5*	5*	5*	5	5*	5*	5*	6	6*
Net cash from financing activities	(19)*	(21)*	(33)	(17)*	(34)*	(10)*	(40)	(14)*	(26)*	(2)*	(28)	(6)*
Net change in cash	(23)*	(7)*	33	(2)*	(37)*	5*	25	(12)*	(19)*	16*	(19)	14*

SIC 6798 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6798 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Gladstone Land	23	13	20*	43.1M	Q2 FY26 10-QJun 30, 2026
Postal Realty Trust	1.8	30	13*	33.5M	Q3 FY26 10-QSep 30, 2026
Chatham Lodging Trust	11	88	26*	46.6M	Q2 FY26 10-QJun 30, 2026
One Liberty Properties	13	not reported	12*	21.8M	Q2 FY26 10-QJun 30, 2026
Service Properties Trust	5.5	421	8.3*	129.5M	Q2 FY26 10-QJun 30, 2026
Industrial Logistics Properties Trust	131	not reported	13*	67.0M	Q3 FY26 10-QSep 30, 2026
Chiron Real Estate	11	40	23*	13.2M	Q2 FY26 10-QJun 30, 2026
Community Healthcare Trust	1.4	32	14*	28.7M	Q3 FY26 10-QSep 30, 2026
Saul Centers	5.9	77	31*	24.7M	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.