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Companies / Real Estate / GLADSTONE LAND Corp
LAND

GLADSTONE LAND Corp

Ticker LANDMCLEAN, VAFiscal year ends DecemberBook value per share $16.07Diluted shares 41.9M

Gladstone Land Corporation (Nasdaq: LAND) is an externally managed real estate investment trust that owns and leases U.S. farmland and farm-related properties, primarily to independent and corporate farming operations. Its portfolio focuses on land used for fresh-produce annual row crops, such as berries and… From the company’s description.

Over the twelve months to Jun 30, 2026, GLADSTONE LAND Corp reported revenue of $88.48M, up 21.6% from a year earlier, and a net loss of $6.46M. Operations generated $27.80M in cash. In fiscal 2025, it reported revenue of $88.34M, up 3.7% from fiscal 2024, and net income of $13.53M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$88.34MFY2025
+3.7% year over year
Last 12 mo $88.48M
0.00%FY2025
$13.53MFY2025
+1.8% year over year
Last 12 mo $-6.46M
2.60%FY2025
+0.4 percentage points
Last 12 mo -0.96%
Cash & financing
$6.99MFY2025
−76.3% year over year
Last 12 mo $27.80M
$-0.17MFY2025
−100.7% year over year
Last 12 mo $24.81M
0.71FY2025
Was 0.77× a year earlier
Last 12 mo 0.72
36.5MFY2025
+1.7% year over year
Last 12 mo 41.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What GLADSTONE LAND Corp does

In the company’s own words

Gladstone Land Corporation (Nasdaq: LAND) is an externally managed real estate investment trust that owns and leases U.S. farmland and farm-related properties, primarily to independent and corporate farming operations. Its portfolio focuses on land used for fresh-produce annual row crops, such as berries and vegetables, and permanent crops, including almonds, pistachios, blueberries and wine grapes; it also owns farms growing commodity crops and facilities such as packinghouses, cooling and storage sites. Most properties are leased, generally under triple-net agreements, with some leases including rent tied to farm revenues. The company is not generally a crop grower, though it temporarily operated four farms across two properties at December 31, 2025. It conducts substantially all business through its operating partnership and reports its activities as a single business focused on agricultural real estate. At year-end 2025, Gladstone Land owned 144 farms totaling 98,688 acres across 14 states, as well as 55,532 acre-feet of water assets in California. Its website is www.GladstoneLand.com.

Company details
Sector
Real Estate
Industry (SIC)
REITs
Headquarters
MCLEAN, VA
Fiscal year end
December
CIK
1495240
SIC
6798

Financial performance, year by year

Fiscal 2012–2025 · USD
$-16.15M$12.91M$41.97M$71.03M$100.08M20122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns GLADSTONE LAND Corp — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

107
funds hold it
0 of 35
superinvestors hold it
$71.71M
held by funds, at market
18.4%
of shares held by funds

Largest fund holders · GLADSTONE LAND Corp’s weight in each

VANGUARD REAL ESTATE INDEX FUND
VNQ · VANGUARD SPECIALIZED FUNDS
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
—of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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