Farmland Partners (FPI) Gross Margin (2016 - 2026)
Farmland Partners (FPI) posted Gross Margin of 90.66% for Q2 2026, down 6.74% on a QoQ basis from 97.21% in Q1 2026, and up 536.0% year-over-year from 14.25% in Q2 2025.
Analysis
Farmland Partners (FPI) Gross Margin (2016 - 2026) Analysis & Trends
Farmland Partners has reported Gross Margin for 11 years, with the latest figure at 90.66% in Q2 2026.
- On a quarterly basis, Gross Margin rose 536.0% year-over-year to 90.66% in Q2 2026; TTM through Jun 2026 was 92.9%, a 156.0% increase from a year earlier, with the FY2025 full-year figure at 91.14%, down 210.0% from the prior year.
- Gross Margin was 90.66% for Q2 2026 at Farmland Partners, down from 97.21% in the prior quarter.
- The five-year high for Gross Margin was 97.21% in Q1 2026, with the low at 83.66% in Q3 2025.
- Average Gross Margin over 5 years is 91.48%, with a median of 92.04% recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Gross Margin sank 861 bps in 2022, then jumped 668 bps in 2023.
- Over 5 years, Gross Margin stood at 93.03% in 2022, then decreased by 3 bps to 90.16% in 2023, then increased by 5 bps to 95.07% in 2024, then climbed by 2 bps to 96.83% in 2025, then decreased by 6 bps to 90.66% in 2026.
- The last three Gross Margin figures came in at 90.66% (Q2 2026), 97.21% (Q1 2026), and 96.83% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Farmland Partners | 464.64 Mn | 467.75 Mn | 8.52 Mn | 90.66% |
| 2 | Gladstone Land | 424.03 Mn | 424.03 Mn | 12.44 Mn | 97.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 90.66% |
| Mar 31, 2026 | 97.21% |
| Dec 31, 2025 | 96.83% |
| Sep 30, 2025 | 83.66% |
| Jun 30, 2025 | 85.30% |
| Mar 31, 2025 | 93.52% |
| Dec 31, 2024 | 95.07% |
| Sep 30, 2024 | 88.16% |
| Jun 30, 2024 | 93.35% |
| Mar 31, 2024 | 95.49% |
| Dec 31, 2023 | 90.16% |
| Sep 30, 2023 | 93.95% |
| Jun 30, 2023 | 91.54% |
| Mar 31, 2023 | 92.53% |
| Dec 31, 2022 | 93.03% |
| Sep 30, 2022 | 87.27% |
| Jun 30, 2022 | 89.21% |
| Mar 31, 2022 | 89.64% |
| Dec 31, 2021 | 99.05% |
| Sep 30, 2021 | 95.87% |