Filing Flows › Farmland Partners (FPI) › Q2 2026
Farmland Partners (FPI) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 30, 2026
Farmland Partners (FPI) reported revenue of $9.4M for the second quarter 2026 (Q2 2026), -6% from a year earlier and -7% from the quarter before. Operating margin was 33.6%, net earnings $3.1M (33.1% of revenue).
Farmland Partners, Q2 2026: revenue $9.4M (-6% year over year), operating margin 33.6%, net earnings $3.1M, operating cash flow −$3.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.4M | -7% | -6% |
| Operating profit | $3.2M | +383% | -59% |
| Net earnings | $3.1M | +386% | -59% |
| Operating cash flow | −$3.1M | -137% | — |
What changed
Revenue was $9.4M in Q2 2026, down 6% year over year and down 7% from the previous quarter.
Operating profit was $3.2M, a 33.6% margin (down 44.6 points year over year). Total costs grew 187% against a revenue fall of 6%. Net earnings were $3.1M, down 59% year over year. The effective tax rate was 0.8%.
Operating cash flow was −$3.1M. Non-cash charges added back $905K of depreciation and amortization and $434K of share-based compensation. Working capital and other items used $7.5M. Capital expenditures of $363K exceeded it, leaving free cash flow of −$3.4M.
Questions
What was Farmland Partners' revenue in the second quarter 2026?
Farmland Partners (FPI) reported revenue of $9.4M for the second quarter 2026 (Q2 2026), -6% from a year earlier and -7% from the quarter before.
Was Farmland Partners profitable in the second quarter 2026?
Operating profit was $3.2M (33.6% of revenue) and net earnings $3.1M.
Source: Farmland Partners 10-Q on SEC EDGAR.