For the quarter ending 2026-03-31, LANDO made $16,552K in revenue. -$9,985K in net income. Net profit margin of -60.33%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | |
|---|---|---|---|---|
| Total operating revenues | 16,552 | 34,984* | 17,785 | |
| Depreciation and amortization | 10,370 | 16,965* | 8,395 | |
| Property operating expenses | 2,117 | 2,547* | 1,383 | |
| Cost of sales | -158 | 2,397* | - | |
| Base management fee | 1,945 | 2,031* | 1,992 | |
| Incentive fee | - | 2,723* | 0 | |
| Capital gains fee | 0 | - | - | |
| Administration fee | 720 | 667* | 650 | |
| General and administrative expenses | 723 | 675* | 556 | |
| Write-off of costs associated with offering of series e cumulative redeemable preferred stock | - | 137* | - | |
| Impairment charge | 884 | 2,973* | 316 | |
| Total operating expenses | 16,601 | 31,115* | 13,292 | |
| Incentive fee waiver | - | 2,723* | 0 | |
| Total operating expenses, net of credits to fees | - | 28,392* | 13,292 | |
| Other income | 1,455 | 2,271* | 79 | |
| Interest expense | 4,725 | 5,474* | 4,850 | |
| Dividends declared on cumulative term preferred stock | 243 | 754* | 755 | |
| (loss) gain on dispositions of real estate assets, net | -459 | 4,696* | 3,062 | |
| Property and casualty (loss) recovery, net | -93 | 137* | 0 | |
| Loss from investments in unconsolidated entities | -191 | -200* | 58 | |
| Total other (expense) income, net | -4,256 | 676* | -2,406 | |
| Net (loss) income | -4,305 | 7,268* | 2,087 | |
| Dividends declared on cumulative redeemable preferred stock | 5,988 | 6,002* | 6,002 | |
| Gain on extinguishment of cumulative redeemable preferred stock, net | -308 | 5* | 0 | |
| Net (gain) income attributable to common stockholders | -9,985 | 1,261 | -3,915 | |
| Basic EPS | -0.24 | 0.034 | -0.11 | |
| Diluted EPS | -0.24 | 0.034 | -0.11 | |
| Basic Average Shares | 40,856,330 | 36,822,551 | 36,190,889 | |
| Diluted Average Shares | 40,856,330 | 36,822,551 | 36,190,889 | |
GLADSTONE LAND Corp (LANDO)
GLADSTONE LAND Corp (LANDO)