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Gladstone Land (LAND) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 11, 2026

Gladstone Land (LAND) reported revenue of $12.7M for the second quarter 2026 (Q2 2026), +3% from a year earlier and -23% from the quarter before. Operating margin was -66.7%, net loss $8.5M (66.7% of revenue).

Revenue$12.7M
Year over year+3%
Quarter over quarter-23%
Operating margin-66.7%
Net earnings−$8.5M

Gladstone Land, Q2 2026: revenue $12.7M (+3% year over year), operating margin -66.7%, net loss $8.5M, operating cash flow $19.9M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$12.7M-23%+3%
Operating profit−$8.5M——
Net earnings−$8.5M——
Operating cash flow$19.9M+114%+405%
Free cash flow$19.7M+117%17×

What changed

Revenue was $12.7M in Q2 2026, up 3% year over year and down 23% from the previous quarter.

Operating costs exceeded revenue by $8.5M, an operating margin of -66.7%. Total costs grew 5% against revenue growth of 3%. The fastest-growing cost line was General & admin (+74%). The quarter ended with a net loss of $8.5M, wider than the previous quarter's $4.3M loss.

Operating cash flow was $19.9M (up 405% year over year). Non-cash charges added back $7.9M of depreciation and amortization. Working capital and other items added $20.5M. Capital expenditures of $233K left free cash flow of $19.7M.

Questions

What was Gladstone Land's revenue in the second quarter 2026?

Gladstone Land (LAND) reported revenue of $12.7M for the second quarter 2026 (Q2 2026), +3% from a year earlier and -23% from the quarter before.

Was Gladstone Land profitable in the second quarter 2026?

Operating loss was $8.5M (-66.7% of revenue) and net loss $8.5M.

Open the interactive Sankey →

Source: Gladstone Land 10-Q on SEC EDGAR.