Gladstone Land (LAND) Operating Expenses (2012 - 2026)
Gladstone Land (LAND) recorded quarterly Operating Expenses of $11.0 million in Q1 2026, down 62.43% quarter-over-quarter from $29.3 million in Q4 2025, and down 16.03% on a YoY basis from $13.1 million in Q1 2025.
Gladstone Land (LAND) Operating Expenses (2012 - 2026) Analysis & Trends
Gladstone Land's Operating Expenses history runs 15 years deep, the most recent figure standing at $11.0 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 16.03% year-over-year to $11.0 million; the TTM figure through Mar 2026 stood at $66.2 million (up 17.98% YoY), while the FY2025 annual figure was $68.3 million, up 22.03% from the prior year.
- Operating Expenses was $11.0 million for Q1 2026 at Gladstone Land, down from $29.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $29.3 million in Q4 2025 to a low of $11.0 million in Q1 2026.
- Historically, Operating Expenses has averaged $14.6 million across 5 years, with a median of $13.4 million in 2024.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses soared 112.3% in 2025, then decreased 16.03% in 2026.
- A 5-year view of Operating Expenses shows it stood at $15.2 million in 2022, then rose by 2.73% to $15.6 million in 2023, then slipped by 11.64% to $13.8 million in 2024, then jumped by 112.3% to $29.3 million in 2025, then slumped by 62.43% to $11.0 million in 2026.
- The last three Operating Expenses figures came in at $11.0 million (Q1 2026), $29.3 million (Q4 2025), and $13.3 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 | Gladstone Land | 358.92 Mn | 358.92 Mn | - | 11.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.02 Mn |
| Dec 31, 2025 | 29.34 Mn |
| Sep 30, 2025 | 13.29 Mn |
| Jun 30, 2025 | 12.51 Mn |
| Mar 31, 2025 | 13.13 Mn |
| Dec 31, 2024 | 13.82 Mn |
| Sep 30, 2024 | 15.70 Mn |
| Jun 30, 2024 | 13.43 Mn |
| Mar 31, 2024 | 12.99 Mn |
| Dec 31, 2023 | 15.64 Mn |
| Sep 30, 2023 | 14.14 Mn |
| Jun 30, 2023 | 13.38 Mn |
| Mar 31, 2023 | 13.76 Mn |
| Dec 31, 2022 | 15.22 Mn |
| Sep 30, 2022 | 14.57 Mn |
| Jun 30, 2022 | 12.16 Mn |
| Mar 31, 2022 | 13.36 Mn |
| Dec 31, 2021 | 13.01 Mn |
| Sep 30, 2021 | 11.21 Mn |
| Jun 30, 2021 | 9.50 Mn |