Company Analysis

Gladstone Land Corporation (LAND)

Nasdaq: LAND · Real Estate Investment Trusts · Mclean, VA · filing with the SEC since 2010
Grade4.6
◀ Past 6.8● Present 3.0▶ Future 5.1

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 24, 2026Feb 19, 2025Feb 20, 2024Feb 21, 2023Feb 22, 2022Feb 24, 2021Feb 19, 2020Feb 26, 2019Feb 20, 2018Feb 21, 2017
Revenue88,339,00085,216,00090,398,00089,236,00075,318,00057,031,00040,692,00036,687,000··
Cost of revenue9,588,00000·······
General and administrative2,343,0002,625,0002,924,0002,740,0002,139,0002,102,0001,989,0001,751,0001,628,0001,378,000r
Total operating expenses68,268,00055,942,00056,915,00055,315,00043,614,00029,380,00021,386,00024,575,000··
Operating income········11,376,0007,056,000r
Interest expense20,024,00021,885,00023,665,00025,738,00024,883,00020,621,00016,331,00012,130,0009,762,0006,015,000r
Share of profit of equity-method investments···-73,000-61,000-4,0000···
Total non-operating income (expense)-6,542,000-15,984,000-18,918,000-29,205,000-28,190,000-22,696,000-17,544,000-9,346,000-11,410,000-6,583,000r
Income before income taxes·········473,488
Income tax expense·········0
Net income including non-controlling interests·13,290,00014,565,0004,716,0003,514,0004,955,0001,762,0002,766,000-34,000473,000r
Net income to non-controlling interests·008,00019,00029,00021,000137,000-3,00025,000r
Net income13,529,00013,290,00014,565,0004,708,0003,495,0004,926,0001,741,0002,629,000-31,000448,000r
Preferred dividends24,008,00024,250,00024,371,00019,693,00012,235,0009,278,000r4,240,000379,000··
Net income to common shareholders-10,484,000-10,455,000-9,852,000-15,010,000-8,763,000-4,396,000-2,499,0002,250,000··
Earnings per share, basic-0.29-0.29-0.28-0.43-0.29-0.20····
Earnings per share, diluted-0.29-0.29-0.28-0.43-0.29-0.20····
Earnings per share, basic and diluted····-0.29-0.20-0.130.150.000.04
Weighted average shares, basic36,506,72035,909,95635,733,74234,563,46030,357,26822,258,121····
Weighted average shares, diluted36,506,72035,909,95635,733,74234,563,46030,357,26822,258,121····
Weighted average shares, basic and diluted····30,357,26822,258,12119,602,53315,503,34112,055,79110,007,350
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Preferred dividends paid to preferred holders before common shareholdersus-gaap:PreferredStockDividendsIncomeStatementImpact
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted
SI Assistanton LAND · research, not advice