Farmland Partners (FPI) Operating Income (2013 - 2026)
Farmland Partners (FPI) posted Operating Income of $1.77 million for Q2 2026, compared with -$15.6 million a year earlier and down 46.3% from the prior quarter.
Powered by 
Analysis
Farmland Partners (FPI) Operating Income (2013 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Income at Farmland Partners was $18.09 million; for FY2025, it came in at $611,000, down 97.1% from FY2024.
- Annual Operating Income shows a five-year compound annual growth rate of -51.3% (FY2020 to FY2025).
- In prior years, Farmland Partners' Operating Income was $20.75 million in FY2024 (+56.7%), $13.25 million in FY2023 (-47.0%), $24.97 million in FY2022 (+48.5%) and $16.81 million in FY2021 (-24.7%).
- Quarterly Operating Income has run from a low of -$15.6 million in Q2 2025 to a high of $12.48 million in Q4 2022 over five years.
- On a year-over-year basis, Operating Income increased in three of the last five quarters, with an average decline of 11.1%.
- The strongest year-over-year quarter for Operating Income in the past five years was Q2 2022, with growth of 261.8%; the weakest was Q3 2023, with a decline of 99.7%.
- According to Business Quant data, Operating Income for the three prior quarters was $3.3 million (Q1 2026), $11.85 million (Q4 2025) and $1.17 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Rayonier | 5.62 Bn | 2.80 Bn | 75.67 Mn | 34.62 Mn |
| 2 | Farmland Partners | 468.14 Mn | 471.24 Mn | 8.52 Mn | 1.77 Mn |
| 3 | Gladstone Land | 404.19 Mn | 404.19 Mn | 12.44 Mn | -4.57 Mn |
| 4 | St Joe | 3.76 Bn | 3.26 Bn | 73.42 Mn | 54.77 Mn |
| 5 | Alico | 290.35 Mn | 109.00 Mn | 4.05 Mn | 1.89 Mn |
| 6 | Ckx Lands | 21.97 Mn | 21.97 Mn | 165,707.00 | 23,051.00 |
| 7 | Power REIT | 2.53 Mn | 2.53 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.77 Mn |
| Mar 31, 2026 | 3.30 Mn |
| Dec 31, 2025 | 11.85 Mn |
| Sep 30, 2025 | 1.17 Mn |
| Jun 30, 2025 | -15.60 Mn |
| Mar 31, 2025 | 3.19 Mn |
| Dec 31, 2024 | 10.02 Mn |
| Sep 30, 2024 | 3.65 Mn |
| Jun 30, 2024 | 2.48 Mn |
| Mar 31, 2024 | 4.61 Mn |
| Dec 31, 2023 | 8.27 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 |
API Access
Farmland Partners Operating Income 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=operating-income&ticker=FPI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=FPI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();