Farmland Partners Q2 FY26 net income drops 59.8% to $3.13 million - FPI News | RalliesFarmland Partners Q2 FY26 net income drops 59.8% to $3.13 million
F
FPI• Q2 FY26 results
- Farmland Partners posted GAAP net income of USD 3.1 million, down 59.8% year over year, equal to USD 0.07 per share.
- GAAP net operating income rose 2.9% to USD 7.1 million, while total operating revenues fell 5.7% to USD 9.4 million.
- Non-GAAP AFFO increased to USD 1.7 million, up 30.6%, with AFFO per share at USD 0.04.
- Debt stood at about USD 224.8 million, up from year-end 2025, after using about USD 68.2 million in February to redeem Series A preferred units.
- Raised the low end of 2026 non-GAAP AFFO per share guidance to USD 0.31 from USD 0.30, keeping the top end at USD 0.35.
CPBI
•
