Q2 FY2026 EarningsQ2 FY26 missed consensus estimates on both top and bottom lines: revenue was $12.69M vs. $12.88M expected, and GAAP EPS was -$0.32 vs. -$0.26 expected. The widening loss was primarily driven by $4.2M in non-cash impairment charges on properties in Florida and Arizona. While lease revenue remained stable, significant tenant credit issues led to the transition of 11 farms to a cash-basis for revenue recognition, impacting fixed-rent predictability.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Gladstone Land(LAND) the Revenue is 12.69 M (+3.22%), Miss estimate;the EBIT is -4.31 M (-1914%), Miss estimate;the EPS is -0.32 (+15.79%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueMiss expectations
0.01B3.22%
0.01B4.74%
-0.00B1.52%
EBITMiss expectations
-0.00B1914.02%
-0.00B1885.51%
-0.00B28.51%
EPSMiss expectations
-0.3215.79%
-0.262530.92%
-0.057515.13%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf