Farmland Partners (FPI) Operating Expenses (2013 - 2026)

Farmland Partners' (FPI) quarterly Operating Expenses came in at $6.5 million in Q1 2026, up 1.89% year-on-year from $6.4 million in Q1 2025, and down 20.57% quarter-over-quarter from $8.2 million in Q4 2025.

Farmland Partners (FPI) Operating Expenses (2013 - 2026) Analysis & Trends

Farmland Partners' Operating Expenses history runs 14 years deep, the most recent figure standing at $6.5 million for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 1.89% year-over-year to $6.5 million in Q1 2026; TTM through Mar 2026 was $47.1 million, a 42.21% increase from a year earlier, with the FY2025 full-year figure at $46.9 million, up 39.97% from the prior year.
  • Operating Expenses slipped to $6.5 million in Q1 2026 per FPI's latest filing, from $8.2 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $24.1 million in Q2 2025 and bottomed at $6.4 million in Q1 2025.
  • The 5-year median for Operating Expenses is $8.4 million (2022), against an average of $9.6 million.
  • Across the five-year window, Operating Expenses slumped 30.24% in 2024 and jumped 193.64% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at $9.3 million in 2022, then climbed by 19.81% to $11.2 million in 2023, then fell by 7.18% to $10.4 million in 2024, then dropped by 21.04% to $8.2 million in 2025, then fell by 20.57% to $6.5 million in 2026.
  • Per Business Quant, the three latest FPI Operating Expenses figures stand at $6.5 million (Q1 2026), $8.2 million (Q4 2025), and $8.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Equinix 102.00 Bn 98.94 Bn 1.26 Bn 1.87 Bn
2 American Tower 76.76 Bn 83.27 Bn 2.70 Bn 1.50 Bn
3 Digital Realty Trust 61.91 Bn 61.08 Bn - 1.37 Bn
4 Iron Mountain 37.06 Bn 37.09 Bn 1.05 Bn 1.54 Bn
5 Crown Castle 32.50 Bn 32.44 Bn 23.00 Mn 545.00 Mn
6 Sba Communications 18.50 Bn 18.59 Bn 532.10 Mn 360.59 Mn
7 Weyerhaeuser 17.05 Bn 16.75 Bn 318.00 Mn 120.00 Mn
8 Lamar Advertising 15.99 Bn 15.96 Bn 344.69 Mn 381.94 Mn
9 Gaming & Leisure Properties 12.58 Bn 12.98 Bn - 86.64 Mn
10 Farmland Partners 412.53 Mn 415.64 Mn 9.82 Mn 6.52 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 6.52 Mn
Dec 31, 2025 8.21 Mn
Sep 30, 2025 8.24 Mn
Jun 30, 2025 24.09 Mn
Mar 31, 2025 6.40 Mn
Dec 31, 2024 10.40 Mn
Sep 30, 2024 8.09 Mn
Jun 30, 2024 8.21 Mn
Mar 31, 2024 6.84 Mn
Dec 31, 2023 11.20 Mn
Sep 30, 2023 11.60 Mn
Jun 30, 2023 8.83 Mn
Mar 31, 2023 7.84 Mn
Dec 31, 2022 9.35 Mn
Sep 30, 2022 8.42 Mn
Jun 30, 2022 8.90 Mn
Mar 31, 2022 9.57 Mn
Dec 31, 2021 8.72 Mn
Sep 30, 2021 8.67 Mn
Jun 30, 2021 9.06 Mn