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Farmland Partners

FPI

Farmland Partners Inc. is an internally managed real estate investment trust (REIT) focused on the acquisition and management of high-quality North American farmland.

Market cap
$416.54M-10.7%
Revenue$52.0M-7.9%
Net income$30.1M-51.4%
Free cash flow$44.1M+4.3%
EPS (diluted)$0.58-43.7%
Trailing twelve months · change vs. prior year

Earnings

Q2 2026 report

July 29, 2026

Next report

Date not yet announced

Financials

Q1 2026

Income statement

See full
Revenue$10.1M-1.5%
Net income$640.0K-68.6%
EPS (diluted)$0.01-66.7%

Balance sheet

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Cash & equivalents$17.7M-18.1%
Total debt$125.0K-25.1%
Total assets$711.7M-12.2%

Cash flow

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Operating cash flow$8.2M+29.5%
CapEx$41.0K-85.6%
Free cash flow$8.2M+34.9%

Valuation & ratios

Valuation

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Market cap$419.6M-10.7%
Enterprise value$401.98M-5.2%
P/E13.9×+7.3×
P/S8.1×-0.6×

Profitability

See full
Net margin57.9%-52.0pp

Segments

By product

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Interests Income$2.0M+53.8%
Amortization Of Points Income$872.0K+48.8%
Other Revenues Disaggregated$600.0K+358%
Crop Insurance Proceeds$83.0K+137%

Competitors

Profile

Farmland Partners Inc. is an internally managed real estate investment trust (REIT) focused on the acquisition and management of high-quality North American farmland. The company generates revenue primarily through leasing land to independent farmers and providing specialized financing through its loan program. Its value proposition is built on providing investors exposure to global food demand and asset appreciation through a diversified portfolio of primary and specialty crop properties.

Competitive position

A leading institutional owner and manager of U.S. farmland with a diversified portfolio across primary and specialty crops.

GeographiesNorth America, United States
Customer segmentsAgricultural producers, Energy companies
Business modelAsset-heavy, Leasing, Lending
SuppliersFarmland sellers, Agricultural equipment manufacturers, Financial institutions for capital, Insurance providers
CustomersIndependent farm operators, Renewable energy producers, Agricultural commodity markets
Listed2014
Employees26.0
CEOLuca Fabbri
FilingsSEC EDGAR

Questions, answered.

What is Farmland Partners's market cap?
Farmland Partners (FPI) has a market capitalization of $416.5M and trades on NYSE.
What is Farmland Partners's revenue and profitability?
Farmland Partners generated $52.0M in trailing twelve-month revenue with net income of $30.1M, representing a net margin of 57.9%, with free cash flow of $44.1M. These figures are based on the Q1 2026 filing.
Who are Farmland Partners's competitors?
Farmland Partners's key competitors include Gladstone Land Corporation, Manulife Investment Management, UBS Farmland Investors, and others. These companies compete in similar markets and product categories.
Who does Farmland Partners partner with?
Farmland Partners's notable partners include Ag Pro Ohio, LLC, John Deere, Ducks Unlimited.
What subsidiaries does Farmland Partners have?
Farmland Partners's subsidiaries include Farmland Partners Operating Partnership, LP, FPI Agribusiness Inc..
Where is Farmland Partners headquartered?
Farmland Partners is headquartered in United States of America and employs approximately 26 people. It has been publicly traded since 2014.