Farmland Partners (FPI) Operating Expenses (2013 - 2026)
Farmland Partners (FPI) recorded quarterly Operating Expenses of $6.5 million in Q1 2026, down 20.57% quarter-over-quarter from $8.2 million in Q4 2025, and up 1.89% on a YoY basis from $6.4 million in Q1 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.
- In Q1 2026, Operating Expenses rose 1.89% year-over-year to $6.5 million; the TTM figure through Mar 2026 stood at $47.1 million (up 42.21% YoY), while the FY2025 annual figure was $46.9 million, up 39.97% from the prior year.
- Operating Expenses was $6.5 million for Q1 2026 at Farmland Partners, down from $8.2 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $24.1 million in Q2 2025 to a low of $6.4 million in Q1 2025.
- Historically, Operating Expenses has averaged $9.6 million across 5 years, with a median of $8.4 million in 2022.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses slumped 30.24% in 2024, then surged 193.64% in 2025.
- A 5-year view of Operating Expenses shows it 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.
- The last three Operating Expenses figures came in at $6.5 million (Q1 2026), $8.2 million (Q4 2025), and $8.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 104.53 Bn | 101.50 Bn | 2.20 Bn | 1.87 Bn |
| 2 | American Tower | 86.20 Bn | 92.70 Bn | 2.70 Bn | 1.50 Bn |
| 3 | Digital Realty Trust | 63.76 Bn | 62.92 Bn | - | 1.37 Bn |
| 4 | Crown Castle | 38.57 Bn | 38.52 Bn | 984.00 Mn | 545.00 Mn |
| 5 | Iron Mountain | 37.41 Bn | 37.43 Bn | 1.05 Bn | 1.54 Bn |
| 6 | Sba Communications | 20.70 Bn | 20.79 Bn | 532.10 Mn | 128.53 Mn |
| 7 | Weyerhaeuser | 17.74 Bn | 17.44 Bn | 318.00 Mn | 120.00 Mn |
| 8 | Lamar Advertising | 15.68 Bn | 15.63 Bn | 403.56 Mn | 399.87 Mn |
| 9 | Gaming & Leisure Properties | 13.22 Bn | 13.62 Bn | - | 86.64 Mn |
| 10 | Farmland Partners | 421.39 Mn | 424.50 Mn | - | 6.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |