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

For the trailing twelve months through Sep 30, 2026, Property Operating Expenses at Farmland Partners was $5.3 million, down 15.1% year-over-year; for FY2025, it came in at $5.64 million, down 23.4% from FY2024.

• Annual Property Operating Expenses shows a five-year compound annual growth rate of -5.2% (FY2020 to FY2025).
• In prior years, Farmland Partners' Property Operating Expenses was $7.37 million in FY2024 (-14.9%), $8.66 million in FY2023 (+5.7%), $8.19 million in FY2022 (+11.7%) and $7.33 million in FY2021 (-0.3%).
• The Q3 2026 figure stands as the highest quarterly Property Operating Expenses since Q2 2025.
• On a year-over-year basis, Property Operating Expenses increased in 1 of the last eight quarters, with an average decline of 15.8%.
• The strongest year-over-year quarter for Property Operating Expenses in the past five years was Q4 2022, with growth of 21.4%; the weakest was Q4 2025, with a decline of 34.5%.
• According to Business Quant data, Property Operating Expenses for the three prior quarters was $1.43 million (Q2 2026), $1.22 million (Q1 2026) and $1.14 million (Q4 2025).