Company research
Farmland Partners Inc.
CIK 1591670Updated Sep 24, 2026
SecurityFPI · NYSE · equity
FPI price & chart
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NYSE:FPI on TradingView ↗About the company
Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to third-party farmers (both tenant and non-tenant) and landowners secured by farm real estate and/or other agricultural related assets. As of June 30, 2026, the Company owned approximately 70,100 acres of farmland in 11 states, including Arkansas, California, Colorado, Illinois, Indiana, Louisiana, Missouri, Nebraska, South Carolina, Texas and West Virginia. In addition, the Company owns land and buildings for four agriculture equipment dealerships in Ohio leased to Ag Pro under the John Deere brand. The Company elected to be taxed as a real estate investment trust, or REIT, for U.S. federal income tax purposes, commencing with the taxable year ended December 31, 2014. Additional information: www.farmlandpartners.com or (720) 452-3100.
In the news
Recent filings
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
4 filing
4 filing
Submission of Matters to a Vote of Security Holders
Items 5.07
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 719,065,000Source | 868,560,000Source | 1,022,002,000Source | 1,160,149,000Source |
| GoodwillUSD | — | 2,706,000Source | 2,706,000Source | 2,706,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | — | 1,374,000Source | 2,035,000Source | 2,055,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | — | — | — | 7,654,000Source |
| Accounts Receivable | — | — | — | — |
| Operating Lease, Right-of-Use AssetUSD | 169,000Source | 194,000Source | 399,000Source | 325,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 181,095,000Source | 272,003,000Source | 391,192,000Source | 455,935,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 431,000Source | 459,000Source | 466,000Source | 531,000Source |
| Retained Earnings (Accumulated Deficit)USD | 117,314,000Source | 88,352,000Source | 31,411,000Source | 3,567,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 350,000Source | 1,512,000Source | 2,691,000Source | 3,306,000Source |
| Additional Paid in Capital, Common StockUSD | 520,899,000Source | 551,994,000Source | 577,253,000Source | 647,346,000Source |
| Liabilities and EquityUSD | 719,065,000Source | 868,560,000Source | 1,022,002,000Source | 1,160,149,000Source |
| Deferred Income Tax Liabilities, NetUSD | 66,000Source | 99,000Source | — | — |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 1,000Source | 21,000Source | — | — |
| Dividends PayableUSD | 11,483,000Source | 57,253,000Source | 13,286,000Source | 3,333,000Source |
| Long-term DebtUSD | 161,591,000Source | 204,574,000Source | 363,095,000Source | 439,488,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 32,172,000Source | 61,450,000Source | 31,681,000Source | 11,960,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 4,168,000Source | 5,588,000Source | 7,499,000Source | 6,960,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 2,156,000Source | 2,346,000Source | 1,853,000Source | 1,523,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 121,000Source | -2,932,000Source | -865,000Source | 2,335,000Source |
| Increase (Decrease) in InventoriesUSD | -343,000Source | 324,000Source | -473,000Source | -251,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 17,426,000Source | 16,142,000Source | 12,887,000Source | 17,051,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 63,397,000Source | 268,754,000Source | 158,461,000Source | -60,398,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 316,000Source | 185,000Source | 43,000Source | 186,000Source |
| Payments for Repurchase of Common StockUSD | 37,824,000Source | 27,534,000Source | 72,173,000Source | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -149,971,000Source | -211,944,000Source | -173,513,000Source | 20,830,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 63,744,000Source | 21,630,000Source | 12,273,000Source | 11,126,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 9,293,000Source | 78,441,000Source | 5,489,000Source | 7,654,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 10,863,000Source | 20,958,000Source | 22,450,000Source | — |
| Additional Financial Items | ||||
| Amortization of Debt Issuance Costs and DiscountsUSD | 409,000Source | 684,000Source | 689,000Source | 378,000Source |
| Dividends PayableUSD | 11,483,000Source | 57,253,000Source | 13,286,000Source | 3,333,000Source |
| Gain (Loss) on Disposition of AssetsUSD | 35,864,000Source | 54,148,000Source | 36,133,000Source | 2,641,000Source |
| Gain (Loss) on Disposition of Real Estate, Discontinued OperationsUSD | — | — | — | 2,600,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | -891,000Source | — | -162,000Source |
| General and Administrative ExpenseUSD | 11,724,000Source | 14,071,000Source | 11,274,000Source | 12,005,000Source |
| GoodwillUSD | — | 2,706,000Source | 2,706,000Source | 2,706,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | — | — |
| Impairment of Intangible Assets (Excluding Goodwill)USD | 0Source | 600,000Source | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | 194,000Source | 125,000Source | 1,000Source | 52,000Source |
| Income Tax Expense (Benefit)USD | -15,000Source | -16,000Source | -166,000Source | 227,000Source |
| InterestExpenseNonoperatingUSD | 9,627,000Source | 18,854,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | 31,545,000Source | 59,911,000Source | 30,913,000Source | 11,674,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 28,797,000Source | 56,428,000Source | 27,786,000Source | 8,401,000Source |
| Nonoperating Income (Expense)USD | 26,924,000Source | 36,747,000Source | 13,516,000Source | -12,787,000Source |
| Operating ExpensesUSD | 46,945,000Source | 33,539,000Source | 39,467,000Source | 36,236,000Source |
| Operating Lease, Lease IncomeUSD | 35,929,000Source | 47,119,000Source | 49,185,000Source | 45,615,000Source |
| Other Nonoperating Income (Expense)USD | 493,000Source | 123,000Source | 39,000Source | — |
| Proceeds from Issuance of Common StockUSD | — | 34,000Source | 155,000Source | 59,000Source |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | 1,926,000Source | 140,000Source | 76,000Source | 92,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 52,178,000Source | 58,226,000Source | 57,466,000Source | 61,210,000Source |
| Operating Income (Loss)USD | — | — | — | 24,974,000Source |
| Other Nonoperating Income (Expense)USD | 493,000Source | 123,000Source | 39,000Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 32,157,000Source | 61,434,000Source | 31,515,000Source | 12,187,000Source |
| Income Tax Expense (Benefit)USD | -15,000Source | -16,000Source | -166,000Source | 227,000Source |
| Net Income (Loss) Attributable to ParentUSD | 31,545,000Source | 59,911,000Source | 30,913,000Source | 11,674,000Source |
| Earnings Per Share, BasicUSD per share | 0.65Source | 1.19Source | 0.55Source | 0.16Source |
| Earnings Per Share, DilutedUSD per share | 0.61Source | 1.06Source | 0.53Source | 0.16Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 44,196,000Source | 47,546,000Source | 50,243,000Source | 50,953,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 51,255,000Source | 55,987,000Source | 58,292,000Source | 50,953,000Source |
| Interest Expense (non-operating)USD | 9,627,000Source | 18,854,000Source | — | — |
| Additional Financial Items | ||||
| Business Combination, Acquisition Related CostsUSD | 2,000Source | 28,000Source | 17,000Source | 111,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 0.44Source | 1.39Source | 0.24Source | 0.23Source |
| General and Administrative ExpenseUSD | 11,724,000Source | 14,071,000Source | 11,274,000Source | 12,005,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | 194,000Source | 125,000Source | 1,000Source | 52,000Source |
| Interest ExpenseUSD | — | — | 22,657,000Source | 16,143,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 28,797,000Source | 56,428,000Source | 27,786,000Source | 8,401,000Source |
| Nonoperating Income (Expense)USD | 26,924,000Source | 36,747,000Source | 13,516,000Source | -12,787,000Source |
| Operating ExpensesUSD | 46,945,000Source | 33,539,000Source | 39,467,000Source | 36,236,000Source |
| Operating Lease, Lease IncomeUSD | 35,929,000Source | 47,119,000Source | 49,185,000Source | 45,615,000Source |
| Other Cost and Expense, OperatingUSD | 39,000Source | 103,000Source | 144,000Source | 130,000Source |
| Other IncomeUSD | — | — | — | 663,000Source |
| Other Operating IncomeUSD | — | — | 500,000Source | — |
Filing attachments
fpi-20260729xex99d1.htm · 8-K · 2026-07-29
EX-99.1 2 fpi-20260729xex99d1.htm EX-99.1 Exhibit 99.1 \ \ Farmland Partners Inc. Reports Second Quarter 2026 Results Strong Performance Driven By Portfolio Improvement DENVER, July 29, 2026 (BUSINESS WIRE) -- Farmland Partners Inc. (NYSE: FPI) (“FPI” or the “Company”) today reported financial results for the quarter ended June 30, 2026. Selected Highlights For the quarter ended June 30, 2026, the Company: recorded net income of $3.1 million, or $0.07 per share available to comm…
Read attachment ↗fpi-20260429xex99d1.htm · 8-K · 2026-04-29
EX-99.1 2 fpi-20260429xex99d1.htm EX-99.1 Exhibit 99.1 Farmland Partners Inc. Reports First Quarter 2026 Results Completed Redemption of Series A Preferred Units, Eliminating Dilution Risk DENVER, April 29, 2026 (BUSINESS WIRE) -- Farmland Partners Inc. (NYSE: FPI) (“FPI” or the “Company”) today reported financial results for the quarter ended March 31, 2026. Selected Highlights For the quarter ended March 31, 2026, the Company: recorded net income of $0.6 million, or $0.01 per share…
Read attachment ↗fpi-20260218xex99d1.htm · 8-K · 2026-02-18
EX-99.1 2 fpi-20260218xex99d1.htm EX-99.1 Exhibit 99.1 Farmland Partners Inc. Reports Full Year 2025 Results Raises Quarterly Dividend by 50% to $0.09 per share; Beats AFFO Guidance by $0.05 per Share DENVER, February 18, 2026 (BUSINESS WIRE) -- Farmland Partners Inc. (NYSE: FPI) (“FPI” or the “Company”) today reported financial results for the year ended December 31, 2025. Selected Highlights For the year ended December 31, 2025, the Company: recorded net income of $32.2 million, or…
Read attachment ↗fpi-20251029xex99d1.htm · 8-K · 2025-10-29
EX-99.1 2 fpi-20251029xex99d1.htm EX-99.1 Exhibit 99.1 Farmland Partners Inc. Reports Third Quarter 2025 Results Increased Fiscal Year 2025 Guidance and Announces Sale of Brokerage and Farm Management Business DENVER, October 29, 2025 (BUSINESS WIRE) -- Farmland Partners Inc. (NYSE: FPI) (“FPI” or the “Company”) today reported financial results for the quarter ended September 30, 2025. Selected Highlights During the quarter ended September 30, 2025, the Company: recorded net income o…
Read attachment ↗fpi-20250723xex99d1.htm · 8-K · 2025-07-23
EX-99.1 2 fpi-20250723xex99d1.htm EX-99.1 Exhibit 99.1 Farmland Partners Inc. Reports Second Quarter 2025 Results Continued Strong Value Appreciation through Asset Sales, Reduces Leverage and Repurchases Shares DENVER, July 23, 2025 (BUSINESS WIRE) -- Farmland Partners Inc. (NYSE: FPI) (“FPI” or the “Company”) today reported financial results for the quarter ended June 30, 2025. Selected Highlights During the quarter ended June 30, 2025, the Company: recorded net income (loss) of $7.…
Read attachment ↗fpi-20250507xex99d1.htm · 8-K · 2025-05-07
EX-99.1 2 fpi-20250507xex99d1.htm EX-99.1 Exhibit 99.1 Farmland Partners Inc. Reports First Quarter 2025 Results Fiscal Year 2025 Guidance Increased on Both Ends of Range DENVER, May 7, 2025 (BUSINESS WIRE) -- Farmland Partners Inc. (NYSE: FPI) (“FPI” or the “Company”) today reported financial results for the quarter ended March 31, 2025. Selected Highlights During the quarter ended March 31, 2025, the Company: recorded net income of $2.1 million, or $0.03 per share available to comm…
Read attachment ↗