Gladstone Land Reports Q4 FFO $0.38, Revenues Rise 96% to $41.45M
Gladstone Land delivered Q4 FFO of $0.38 per share, beating estimates by 28% and up from $0.09 a year ago, while revenues climbed to $41.45 million, 36% above consensus and up 96% year-over-year. The stock has risen 23.6% year-to-date versus a 0.1% decline in the S&P 500.
1. Q4 Financial Results
Gladstone Land posted funds from operations of $0.38 per share for the quarter ended December 2025, a 28% surprise over consensus and a 322% increase from $0.09 in Q4 2024. Revenue for the period reached $41.45 million, surpassing estimates by 36% and marking a 96% year-over-year gain.
2. Stock Performance So Far
Shares of Gladstone Land have climbed 23.6% since the start of 2026, significantly outperforming the 0.1% drop in the S&P 500 as investors responded to stronger farmland income and operational momentum.
3. Outlook and Estimates
Analysts project Q1 FFO of $0.01 per share on $15.12 million of revenue and full-year FFO of $0.34 on $84.84 million in revenue. Management commentary on portfolio expansion and lease renewals will be critical for sentiment, given the REIT’s industry sits in the bottom 35% of peers.