LAND · XBRL financial data

GLADSTONE LAND financial statements, every fiscal year

The same tables from 7 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 years (LAND's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	57	75	89	90	85	88
Revenue from contracts with customers	—	—	—	0	0	12
Cost of goods and services sold	—	—	—	0	0	10
General and administrative	2	2	3	3	3	2
Total operating expenses	29	44	55	57	56	68
Interest expense	21	25	26	24	22	20
Net income (loss)	5	3	5	15	13	14
Earnings per share, basic USD per share	(0.20)	(0.29)	(0.43)	(0.28)	(0.29)	(0.29)
Earnings per share, diluted USD per share	(0.20)	(0.29)	(0.43)	(0.28)	(0.29)	(0.29)
Weighted average shares, basic millions of shares	22	30	35	36	36	37
Weighted average shares, diluted millions of shares	22	30	35	36	36	37

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

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	9	17	61	19	18	27
Right-of-use asset	0	1	1	1	1	1
Total assets	1,067	1,352	1,457	1,387	1,312	1,239
Total liabilities	683	762	726	668	625	569
Total stockholders' equity	384	587	731	720	687	670
Total liabilities and equity	1,067	1,352	1,457	1,387	1,312	1,239
Common shares outstanding (cover page) millions of shares	27	34	36	36	36	41

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

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	5	3	5	15	13	14
Depreciation and amortization	17	27	35	37	35	35
Net cash from operating activities	25	32	44	40	30	7
Net cash from investing activities	(273)	(295)	(85)	(4)	63	84
Proceeds from issuing equity	130	233	188	—	—	—
Dividends paid	12	16	19	20	20	20
Net cash from financing activities	243	270	86	(79)	(93)	(82)
Net change in cash	(4)	7	44	(43)	(0)	9

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.