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

Farmland Partners' (FPI) quarterly Operating Income came in at $3.3 million in Q1 2026, down 14.08% year-on-year from $3.8 million in Q1 2025, and down 79.92% quarter-over-quarter from $16.4 million in Q4 2025.

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

Farmland Partners' Operating Income history runs 14 years deep, the most recent figure standing at $3.3 million for Q1 2026.

  • On a quarterly basis, Operating Income fell 14.08% year-over-year to $3.3 million in Q1 2026; TTM through Mar 2026 was $8.6 million, a 61.87% decrease from a year earlier, with the FY2025 full-year figure at $5.2 million, down 78.87% from the prior year.
  • Operating Income slipped to $3.3 million in Q1 2026 per FPI's latest filing, from $16.4 million in the prior quarter.
  • Across five years, Operating Income topped out at $16.4 million in Q4 2025 and bottomed at -$14.1 million in Q2 2025.
  • The 5-year median for Operating Income is $4.3 million (2022), against an average of $4.4 million.
  • Across the five-year window, Operating Income surged 34646.67% in 2024 and slumped 670.31% in 2025, its largest moves.
  • Year by year, Operating Income stood at $12.5 million in 2022, then tumbled by 54.18% to $5.7 million in 2023, then surged by 92.74% to $11.0 million in 2024, then surged by 49.11% to $16.4 million in 2025, then slumped by 79.92% to $3.3 million in 2026.
  • Per Business Quant, the three latest FPI Operating Income figures stand at $3.3 million (Q1 2026), $16.4 million (Q4 2025), and $3.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Equinix 103.15 Bn 100.09 Bn 1.26 Bn 577.00 Mn
2 American Tower 77.81 Bn 77.68 Bn 2.70 Bn 1.24 Bn
3 Digital Realty Trust 66.66 Bn 64.24 Bn - 267.81 Mn
4 Iron Mountain 37.22 Bn 36.97 Bn 1.05 Bn 395.23 Mn
5 Crown Castle 32.39 Bn 32.34 Bn 23.00 Mn 465.00 Mn
6 Sba Communications 18.28 Bn 18.28 Bn 532.10 Mn 342.85 Mn
7 Weyerhaeuser 17.31 Bn 17.02 Bn 318.00 Mn 247.00 Mn
8 Lamar Advertising 16.38 Bn 16.34 Bn 344.69 Mn 146.06 Mn
9 Gaming & Leisure Properties 12.86 Bn 12.86 Bn - 333.35 Mn
10 Farmland Partners 414.04 Mn 414.04 Mn 9.82 Mn 3.30 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.30 Mn
Dec 31, 2025 16.43 Mn
Sep 30, 2025 3.01 Mn
Jun 30, 2025 -14.14 Mn
Mar 31, 2025 3.84 Mn
Dec 31, 2024 11.02 Mn
Sep 30, 2024 5.21 Mn
Jun 30, 2024 2.48 Mn
Mar 31, 2024 5.11 Mn
Dec 31, 2023 5.72 Mn
Sep 30, 2023 15,000.00
Jun 30, 2023 2.76 Mn
Mar 31, 2023 4.84 Mn
Dec 31, 2022 12.48 Mn
Sep 30, 2022 4.73 Mn
Jun 30, 2022 3.46 Mn
Mar 31, 2022 4.32 Mn
Dec 31, 2021 11.32 Mn
Sep 30, 2021 1.43 Mn
Jun 30, 2021 955,000.00