Filing Flows › Gladstone Land (LAND) › Q1 2026 › vs Q4 2025
Gladstone Land (LAND) Q1 2026 vs Q4 2025 (quarter over quarter)
Gladstone Land's revenue fell $24.9M (-60%) from $41.5M in Q4 2025 to $16.6M in Q1 2026.
Gladstone Land, Q1 2026: revenue $16.6M (-2% year over year), operating margin -26.0%, net loss $4.3M, operating cash flow $9.3M. The chart draws each line against Q4 2025, the increases inside each band.
Margins
| Q1 2026 | Q4 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 54.8% | 23.0% | +31.9 pts |
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $16.6M | $41.5M | −$24.9M | -60% |
| Net loss | $4.3M | −$4.2M | $8.5M | — |
| Costs & expenses | $20.9M | $41.5M | −$20.6M | -50% |
| Operating costs | $20.9M | $37.2M | −$16.4M | -44% |
| General & admin | $723K | $583K | $140K | +24% |
| Other operating costs | $20.1M | $36.7M | −$16.5M | -45% |
| Operating cash sources | $13.6M | $6.4M | $7.2M | +112% |
| Depreciation & amortization | $10.4M | $9.4M | $1.0M | +11% |
| Working capital & other | $3.2M | −$3.0M | $6.2M | — |
| Net loss absorbed | $4.3M | −$4.2M | $8.5M | — |
| Operating cash flow | $9.3M | $10.6M | −$1.3M | -12% |
| Free cash flow (OCF − capex) | $9.1M | $9.5M | −$439K | -5% |
| Capital expenditures | $219K | $1.1M | −$879K | -80% |
Questions
How much did Gladstone Land's revenue grow quarter over quarter in Q1 2026?
Gladstone Land's revenue fell $24.9M (-60%) from $41.5M in Q4 2025 to $16.6M in Q1 2026.