Farmland Partners Q2 FY26 net income drops 59.8% to $3.13 million

Reuters2026/07/29 20:33

By:Reuters

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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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Farmland Partners Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260729649558) on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Farmland Partners Q2 FY26 net income drops 59.8% to $3.13 million

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