Farmland Partners (FPI) Cost of Revenue (2019 - 2026)
Farmland Partners (FPI) reported Cost of Revenue of $878,000 for Q2 2026, down 40.0% from $1.46 million a year earlier but up 211.3% from the prior quarter.
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Analysis
Farmland Partners (FPI) Cost of Revenue (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Farmland Partners' Cost of Revenue came in at $3.65 million, down 23.3% year-over-year; for FY2025, it was $4.62 million, up 17.4% from FY2024.
- Cost of Revenue has a five-year compound annual growth rate of 6.4% (FY2020 to FY2025).
- By year, Cost of Revenue came in at $3.94 million in FY2024 (-17.2%), $4.75 million in FY2023 (-20.3%), $5.97 million in FY2022 (+291.2%) and $1.53 million in FY2021 (-55.0%).
- Five-year quarterly Cost of Revenue spans a low of $191,000 in Q4 2021 and a high of $2.13 million in Q4 2023.
- Year over year, Cost of Revenue has now declined in each of the last three quarters, with growth averaging 8.8% over the last eight quarters.
- The high point for year-over-year Cost of Revenue in five years was Q4 2022 (growth of 696.9%); the low point was Q4 2021 (a decline of 74.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $282,000 (Q1 2026), $656,000 (Q4 2025) and $1.84 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Rayonier | 5.39 Bn | 2.58 Bn | 75.67 Mn | 320.81 Mn |
| 2 | Farmland Partners | 490.39 Mn | 493.49 Mn | 8.52 Mn | 878,000.00 |
| 3 | Gladstone Land | 412.39 Mn | 412.39 Mn | 12.44 Mn | 256,000.00 |
| 4 | St Joe | 3.73 Bn | 3.23 Bn | 73.42 Mn | 85.41 Mn |
| 5 | Alico | 284.12 Mn | 102.77 Mn | 4.05 Mn | 4.99 Mn |
| 6 | Ckx Lands | 21.82 Mn | 21.82 Mn | 165,707.00 | 2,607.00 |
| 7 | Power REIT | 2.44 Mn | 2.44 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 878,000.00 |
| Mar 31, 2026 | 282,000.00 |
| Dec 31, 2025 | 656,000.00 |
| Sep 30, 2025 | 1.84 Mn |
| Jun 30, 2025 | 1.46 Mn |
| Mar 31, 2025 | 664,000.00 |
| Dec 31, 2024 | 1.06 Mn |
| Sep 30, 2024 | 1.58 Mn |
| Jun 30, 2024 | 761,000.00 |
| Mar 31, 2024 | 541,000.00 |
| Dec 31, 2023 | 2.13 Mn |
| Sep 30, 2023 | 703,000.00 |
| Jun 30, 2023 | 980,000.00 |
| Mar 31, 2023 | 946,000.00 |
| Dec 31, 2022 | 1.52 Mn |
| Sep 30, 2022 | 1.67 Mn |
| Jun 30, 2022 | 1.33 Mn |
| Mar 31, 2022 | 1.44 Mn |
| Dec 31, 2021 | 191,000.00 |
| Sep 30, 2021 | 417,000.00 |
API Access
Farmland Partners Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=FPI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "FPI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=FPI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();