Farmland Partners Inc. (FPI) — Financial statements
Income statement, balance sheet, and cash flow for Farmland Partners Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 52↓10.4% | 58↑1.3% | 57↓6.1% | 61↑18.3% | 52 | |
| Cost of Revenue | 19↑64.5% | 11↓15.7% | 13↓5.2% | 14↑59.8% | 9 | |
| Gross Profit | 34↓28.4% | 47↑6.5% | 44↓6.4% | 47↑9.7% | 43 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 12↓25.4% | 16↑25.3% | 13↓15.6% | 15↓19.1% | 18 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 12↓25.4% | 16↑25.3% | 13↓15.6% | 15↓19.1% | 18 | |
| Other Expenses | -1↓121.1% | 6↓25.5% | 8↑6.1% | 7↓6.0% | 8 | |
| Operating Expenses | 11↓50.9% | 21↑6.0% | 20↓8.5% | 22↓15.2% | 26 | |
| Total Costs & Expenses | 29↓11.0% | 33↓2.6% | 34↓7.2% | 36↑3.8% | 35 | |
| Operating Results | ||||||
| Operating Income | 23↓9.6% | 26↑6.9% | 24↓4.5% | 25↑48.8% | 17 | |
| Depreciation & Amortization | 4↓25.4% | 6↓25.5% | 7↑7.7% | 7↓8.8% | 8 | |
| EBITDA | 46↓46.5% | 86↑39.2% | 62↑74.8% | 35↑43.9% | 25 | |
| EBIT | 42↓48.0% | 80↑48.2% | 54↑91.2% | 28↑67.8% | 17 | |
| Interest & Other Income | ||||||
| Net Interest Income | -10↑48.9% | -19↑16.8% | -23↓40.4% | -16↓1.3% | -16 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 10↓48.9% | 19↓16.8% | 23↑40.4% | 16↑1.3% | 16 | |
| Non-Operating Income | -19↑65.8% | -55↓80.7% | -30↓803.3% | -3↓4435.1% | -0.07 | |
| Other Income / Expenses | 9↓74.7% | 36↑369.1% | 8↑159.9% | -13↓231.1% | 10 | |
| Income Before Tax | 32↓47.7% | 61↑94.9% | 32↑158.6% | 12↓54.1% | 27 | |
| Income Tax Expense | -0.02↑6.3% | -0.02↑90.4% | -0.17↓173.1% | 0.23↓98.6% | 16 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 32↓47.6% | 61↑94.0% | 32↑164.9% | 12↑16.6% | 10 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 32↓47.3% | 60↑93.8% | 31↑164.8% | 12↑16.8% | 10 | |
| Bottom-Line Net Income | 32↓44.1% | 56↑103.1% | 28↑230.7% | 8↑244.0% | -6 | |
| EPS (Basic) | 0.71↓40.3% | 1.19↑116.4% | 0.55↑243.8% | 0.16↑194.1% | -0.17 | |
| EPS (Diluted) | 0.62↓41.5% | 1.06↑120.8% | 0.48↑200.0% | 0.16↑194.1% | -0.17 | |
| Weighted Average Shares | 44↓7.0% | 48↓5.4% | 50↓1.4% | 51↑47.1% | 35 | |
| Weighted Average Diluted Shares | 51↓8.5% | 56↓4.0% | 58↑14.4% | 51↑47.1% | 35 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.