Filing Flows › Gladstone Land (LAND) › Q1 2026
Gladstone Land (LAND) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
Gladstone Land (LAND) reported revenue of $16.6M for the first quarter 2026 (Q1 2026), -1% from a year earlier and -60% from the quarter before. Operating margin was -26.0%, net loss $4.3M (26.0% of revenue).
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 follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $16.6M | -60% | -1% |
| Operating profit | −$4.3M | -202% | -128% |
| Net earnings | −$4.3M | -202% | -128% |
| Operating cash flow | $9.3M | -12% | +108% |
| Free cash flow | $9.1M | -5% | +240% |
What changed
Revenue was $16.6M in Q1 2026, down 1% year over year and down 60% from the previous quarter.
Operating costs exceeded revenue by $4.3M, an operating margin of -26.0%. Total costs grew 1130% against a revenue fall of 1%. The fastest-growing cost line was Other operating costs (+1886%). The quarter ended with a net loss of $4.3M, after a profit of $4.2M the previous quarter.
Operating cash flow was $9.3M (up 108% year over year). Non-cash charges added back $10.4M of depreciation and amortization. Working capital and other items added $3.2M. Capital expenditures of $219K left free cash flow of $9.1M.
Questions
What was Gladstone Land's revenue in the first quarter 2026?
Gladstone Land (LAND) reported revenue of $16.6M for the first quarter 2026 (Q1 2026), -1% from a year earlier and -60% from the quarter before.
Was Gladstone Land profitable in the first quarter 2026?
Operating loss was $4.3M (-26.0% of revenue) and net loss $4.3M.
Source: Gladstone Land 10-Q on SEC EDGAR.