Gladstone Land (LAND) Operating Expenses (2012 - 2026)

Gladstone Land's (LAND) quarterly Operating Expenses came in at $16.6 million in Q1 2026, up 26.46% year-on-year from $13.1 million in Q1 2025, and down 43.41% quarter-over-quarter from $29.3 million in Q4 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 $16.6 million for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 26.46% year-over-year to $16.6 million in Q1 2026; TTM through Mar 2026 was $71.7 million, a 27.44% increase from a year earlier, with the FY2025 full-year figure at $68.3 million, up 21.8% from the prior year.
  • Operating Expenses declined to $16.6 million in Q1 2026 per LAND's latest filing, from $29.3 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $29.3 million in Q4 2025 and bottomed at $12.2 million in Q2 2022.
  • The 5-year median for Operating Expenses is $13.8 million (2023), against an average of $14.9 million.
  • Biggest YoY gain for Operating Expenses was 110.64% in 2025; the steepest drop was 15.92% in 2025.
  • Year by year, Operating Expenses stood at $15.2 million in 2022, then rose by 2.73% to $15.6 million in 2023, then slipped by 10.94% to $13.9 million in 2024, then jumped by 110.64% to $29.3 million in 2025, then sank by 43.41% to $16.6 million in 2026.
  • Per Business Quant, the three latest LAND Operating Expenses figures stand at $16.6 million (Q1 2026), $29.3 million (Q4 2025), and $13.3 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Equinix 102.00 Bn 98.94 Bn 1.26 Bn 1.87 Bn
2 American Tower 76.76 Bn 83.27 Bn 2.70 Bn 1.50 Bn
3 Digital Realty Trust 61.91 Bn 61.08 Bn - 1.37 Bn
4 Iron Mountain 37.06 Bn 37.09 Bn 1.05 Bn 1.54 Bn
5 Crown Castle 32.50 Bn 32.44 Bn 23.00 Mn 545.00 Mn
6 Sba Communications 18.50 Bn 18.59 Bn 532.10 Mn 360.59 Mn
7 Weyerhaeuser 17.05 Bn 16.75 Bn 318.00 Mn 120.00 Mn
8 Lamar Advertising 15.99 Bn 15.96 Bn 344.69 Mn 381.94 Mn
9 Gaming & Leisure Properties 12.58 Bn 12.98 Bn - 86.64 Mn
10 Gladstone Land 350.14 Mn 350.14 Mn - 16.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 16.60 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 13.93 Mn
Sep 30, 2024 15.81 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