Revenue: As of FY2025 Q1, the actual value is USD 16.8 M.EPS: As of FY2025 Q1, the actual value is USD 0.25.<h3>Segment Revenue</h3><ul><li>Lease Revenue: For the three months ended March 31, 2025, lease revenue was $16,803 thousand, a decrease from $19,826 thousand for the same period in 2024.</li></ul><h3>Operational Metrics</h3><ul><li>Net Income: Net income for the three months ended March 31, 2025, was $15,108 thousand, compared to $13,567 thousand for the same period in 2024.</li><li>Operating Income: Operating income for the three months ended March 31, 2025, was $3,677 thousand, a decrease from $7,261 thousand for the same period in 2024.</li><li>Depreciation and Amortization: Depreciation and amortization expenses were $8,429 thousand for the three months ended March 31, 2025, compared to $8,789 thousand for the same period in 2024.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Provided by Operating Activities: Net cash provided by operating activities was $4,467 thousand for the three months ended March 31, 2025, compared to $3,420 thousand for the same period in 2024.</li><li>Net Cash Provided by Investing Activities: Net cash provided by investing activities was $60,216 thousand for the three months ended March 31, 2025, compared to $62,519 thousand for the same period in 2024.</li><li>Net Cash Used in Financing Activities: Net cash used in financing activities was - $40,041 thousand for the three months ended March 31, 2025, compared to - $32,955 thousand for the same period in 2024.</li></ul><h3>Unique Metrics</h3><ul><li>Gain on Dispositions of Real Estate Assets: Gain on dispositions of real estate assets was $15,410 thousand for the three months ended March 31, 2025, compared to $10,273 thousand for the same period in 2024.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The company plans to continue focusing on owning and leasing farmland, with an emphasis on increasing rents, maintaining high occupancy rates, and controlling expenses.</li><li>Non-Core Business: The company is exploring options with certain 2025 lease expirations, including negotiating lease terms with existing and prospective new tenants and discussing sale options with prospective buyers.</li></ul>

Gladstone Land Corp Pref Share LAND 5.0 01/31/26 D | 10-Q: FY2025 Q1 Revenue: USD 16.8 M