The Inventing Press

Farmland Partners Inc.

Financial highlights

MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$52.2M$58.2M$57.5M$61.2M$51.7M
Operating expenses$46.9M$33.5M$39.5M$36.2M$34.9M
Operating income$25.0M$16.8M
Interest expense$9.6M$18.9M$22.7M$16.1M$15.9M
Pretax income$32.2M$61.4M$31.5M$12.2M$10.3M
Income tax expense-$15,000-$16,000-$166,000$227,000$0
Net income$31.5M$59.9M$30.9M$11.7M$10.0M
Balance Sheet
Cash and equivalents$7.7M$30.2M
Total assets$719.1M$869.6M$1.0B$1.2B$1.1B
Total liabilities$181.1M$273.1M$391.2M$455.9M$528.9M
Stockholders' equity$467.4M$494.6M$528.8M$594.0M$472.1M
Cash Flow Statement
Cash from operations$17.4M$16.1M$12.9M$17.1M$7.9M
Depreciation and amortization$4.2M$5.6M$7.5M$7.0M$7.6M
Stock-based compensation$2.2M$2.3M$1.9M$1.5M$1.3M
Capital expenditure$23,000$253,000$275,000$853,000$424,000
Free cash flow$17.4M$15.9M$12.6M$16.2M$7.4M
Dividends paid$63.7M$21.6M$12.3M$11.1M$6.4M
Share repurchases$37.8M$27.5M$72.2M
Impairments$17.8M$790,000$5.8M$0$0

Shares outstanding 43.6M · Free float 85.6%

Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.