Farmland Partners Income Statement (2013-2026)

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Income Statement	Sep2021	Dec2021	Mar2022	Jun2022	Sep2022	Dec2022	Mar2023	Jun2023	Sep2023	Dec2023	Mar2024	Jun2024	Sep2024	Dec2024	Mar2025	Jun2025	Sep2025	Dec2025	Mar2026	Jun2026
Shares Outstanding (Entity) (Quarter)	32.94M	34.64M	48.52M	52.74M	54.32M	54.32M	53.09M	48.95M	48.34M	48.00M	48.16M	48.17M	48.17M	45.93M	45.99M	44.34M	43.10M	43.09M	43.62M	43.63M
Revenue & cost
Revenue (Quarter)	10.11M	20.05M	13.89M	12.36M	13.14M	21.82M	12.67M	11.58M	11.62M	21.59M	11.99M	11.45M	13.32M	21.47M	10.25M	9.96M	11.25M	20.71M	10.10M	9.40M
Gross Profit (Quarter)	9.69M	19.86M	13.89M	11.02M	13.11M	21.76M	12.62M	10.60M	11.61M	16.92M	11.95M	10.68M	13.31M	21.42M	10.24M	9.96M	11.25M	24.64M	9.82M	8.52M
Operating items
Wages, Salaries and Other (Quarter)	2.60M	1.91M	1.26M	0.82M	0.41M	0.40M	0.24M	0.28M	0.40M	0.35M	0.33M	0.41M	0.50M	0.41M	0.44M	0.66M	0.81M	1.02M	0.37M	0.31M
Selling, General & Administrative (Quarter)	1.75M	2.95M	3.10M	3.00M	2.50M	3.39M	2.61M	2.90M	2.65M	3.11M	2.63M	3.74M	2.63M	5.07M	2.55M	2.41M	2.25M	4.45M	1.93M	1.69M
Restructuring Costs (Quarter)	0.01M	0.05M	0.06M	-0.00M	0.02M	0.03M	0.01M		0.00M		0.03M			0.00M	0.01M	-0.00M
Other Operating Expenses (Quarter)	-0.10M	5.90M	0.70M	3.30M	-0.10M	-1.30M	1.80M	11.10M	10.30M	12.90M	-0.09M	-0.01M	1.98M	-52.20M	0.76M	24.23M	-0.53M	11.40M	-0.26M	3.53M
Operating Expenses (Quarter)	8.67M	8.72M	9.57M	8.90M	8.41M	9.35M	7.83M	8.83M	11.60M	11.20M	6.84M	8.21M	8.09M	10.40M	6.40M	24.09M	8.24M	8.21M	6.52M	6.75M
Operating Income (Quarter)	1.43M	11.32M	4.32M	3.46M	4.72M	12.48M	4.84M	2.76M	0.01M	5.72M	5.11M	2.48M	5.21M	11.02M	3.84M	-14.14M	3.00M	16.43M	3.30M	1.77M
EBIT (Quarter)	1.43M	11.32M	4.32M	3.46M	4.72M	12.48M	4.84M	2.76M	0.01M	5.72M	5.11M	2.48M	5.21M	11.02M	3.84M	-14.14M	3.00M	16.43M	3.30M	1.77M
Non-operating items
Interest & Investment Income (Quarter)			0.18M	0.00M			0.04M				0.18M	0.00M			0.27M				0.41M
Other Non Operating Income (Quarter)			1.11M	0.47M	0.37M	0.28M	-0.38M	0.59M	0.04M	0.06M	-0.21M	0.04M	0.13M	-0.08M	0.13M	-0.04M	0.12M	0.12M	0.03M	0.04M
Non Operating Income (Quarter)	-4.10M	1.99M	-3.18M	-0.37M	-3.57M	-5.67M	-3.11M	5.15M	4.11M	7.38M	-3.72M	-5.29M	-3.37M	49.13M	-1.74M	21.92M	-2.52M	9.27M	-2.93M	0.50M
Net income details
EBT (Quarter)	-2.67M	13.32M	1.14M	3.09M	1.15M	6.81M	1.72M	7.90M	4.12M	17.77M	1.41M	-2.05M	1.85M	60.21M	2.11M	7.79M	0.48M	21.78M	0.65M	3.15M
Tax Provisions (Quarter)				0.10M	0.03M	0.10M	0.01M	0.00M	-0.19M	0.01M	0.02M	-0.00M	0.01M	-0.04M	0.02M	-0.01M	-0.01M	-0.02M	0.01M	0.02M
Profit After Tax (Quarter)	-2.67M	13.32M	1.14M	2.99M	1.12M	6.71M	1.71M	7.90M	4.32M	17.75M	1.37M	-2.05M	1.84M	58.72M	2.09M	7.79M	0.49M	21.17M	0.65M	3.13M
Income from Non-Controlling Interests (Quarter)	-0.12M	0.40M	0.03M	0.08M	0.03M	0.15M	0.04M	0.19M	0.10M	0.44M	0.04M	-0.05M	0.04M	1.51M	0.05M	0.19M	0.01M	0.38M	0.01M	0.02M
Income from Continuing Operations (Quarter)	-2.67M	13.32M	1.14M	2.99M	1.12M	6.71M	1.71M	7.90M	4.32M	17.75M	1.39M	-2.05M	1.84M	60.26M	2.09M	7.80M	0.49M	21.80M	0.65M	3.13M
Consolidated Net Income (Quarter)	-2.67M	13.32M	1.14M	2.99M	1.12M	6.71M	1.71M	7.90M	-0.10M	17.75M	1.39M	-2.05M	1.84M	60.26M	2.09M	7.80M	0.49M	21.80M	0.65M	3.13M
Income towards Parent Company (Quarter)	-2.67M	13.32M	1.14M	2.99M	1.12M	6.71M	1.71M	7.90M	-0.10M	17.75M	1.39M	-2.05M	1.84M	60.26M	2.09M	7.80M	0.49M	21.80M	0.65M	3.13M
Preferred Dividend Payments (Quarter)	0.01M	0.01M	0.01M	0.02M	0.02M	0.02M	0.02M	0.03M	0.02M	0.09M	0.00M	0.00M	0.02M	0.40M	0.00M	0.00M	0.00M	-0.03M	0.01M	0.02M
Net Income towards Common Stockholders (Quarter)	-5.62M	6.31M	0.21M	2.06M	0.35M	5.78M	0.86M	7.00M	3.45M	16.48M	0.61M	-2.77M	1.03M	57.56M	1.27M	6.84M	-0.13M	20.82M	0.41M	3.08M
Additional items
EPS (Basic) (Quarter)	-0.17	0.18	0.00	0.04	0.01	0.11	0.02	0.14	0.07	0.33	0.01	-0.06	0.02	1.21	0.03	0.15	0.00	0.47	0.01	0.07
EPS (Diluted) (Quarter)	-0.17	0.18	0.00	0.04	0.01	0.11	0.02	0.12	0.07	0.28	0.01	-0.06	0.02	1.03	0.03	0.13	0.00	0.41	0.01	0.07
Shares Outstanding (Quarter)	32.55M	34.64M	45.78M	50.36M	53.49M	50.95M	54.01M	50.86M	48.43M	50.24M	47.70M	47.80M	47.84M	47.55M	45.59M	45.25M	43.19M	44.20M	43.20M	43.37M
Shares Outstanding (Diluted) (Quarter)	32.55M	34.64M	45.78M	50.36M	53.49M	50.95M	54.01M	59.11M	48.43M	58.29M	47.70M	47.80M	47.84M	55.99M	45.59M	53.98M	43.19M	51.26M	43.20M	43.37M
EBITDA (Quarter)	1.43M	11.32M	4.32M	3.46M	4.72M	12.48M	4.84M	2.76M	0.01M	5.72M	5.11M	2.48M	5.21M	11.02M	3.84M	-14.14M	3.00M	16.43M	3.30M	1.77M
Interest Expenses (Quarter)	4.01M	3.69M	3.41M	3.74M	3.89M	5.93M	5.19M	5.84M	6.23M	5.66M	5.57M	5.25M	5.50M	2.91M	3.26M	2.44M	2.30M	3.52M	2.80M	3.08M
Tax Rate (Quarter)				3.11	2.86	1.44	0.52	0.05	-4.63	0.07	1.35	0.05	0.59	-0.07	0.81	-0.10	-1.66	-0.07	1.07	0.76

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