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| Date | Value |
|---|---|
| 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 |