LAND
Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock
NASDAQ: LANDP · REAL ESTATE · REIT - SPECIALTY
$20.72
+0.00% today
Updated 2026-04-30
Market cap
$228.25M
P/E ratio
—
P/S ratio
—
EPS (TTM)
$-0.12
Dividend yield
2.69%
52W range
$18 – $21
Volume
0.0M
Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock (LANDP) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.42M | $2.96M | $3.39M | $4.04M | $7.18M | $11.90M | $17.32M | $25.12M | $36.69M | $40.69M | $57.03M | $75.32M | $89.24M | $90.40M | $85.22M | $88.34M |
| Revenue growth (YoY) | — | +22.6% | +14.4% | +19.1% | +77.9% | +65.6% | +45.5% | +45.1% | +46.0% | +10.9% | +40.2% | +32.1% | +18.5% | +1.3% | -5.7% | +3.7% |
| Cost of revenue | $7516.00 | $61584.00 | $89371.00 | $119463.00 | $434514.00 | $729036.00 | $669951.00 | $1.17M | $2.04M | $2.47M | $1.85M | $2.54M | $2.82M | $4.20M | $5.33M | $93.39M |
| Gross profit | $2.41M | $2.90M | $3.30M | $3.92M | $6.75M | $11.17M | $16.65M | $23.96M | $34.64M | $38.22M | $55.18M | $72.78M | $86.42M | $86.20M | $79.88M | $-5.05M |
| Gross margin | 99.7% | 97.9% | 97.4% | 97.0% | 94.0% | 93.9% | 96.1% | 95.4% | 94.4% | 93.9% | 96.8% | 96.6% | 96.8% | 95.4% | 93.7% | -5.7% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | $528770.00 | $1.05M | $771634.00 | $1.64M | $2.89M | $3.02M | $3.81M | $4.53M | $5.48M | $5.28M | $7.84M | $9.99M | $13.05M | $13.78M | $13.34M | $4.96M |
| Operating income | $1.56M | $1.28M | $1.90M | $1.36M | $1.60M | $4.57M | $7.06M | $11.38M | $12.11M | $19.31M | $27.65M | $31.70M | $34.77M | $33.48M | $31.38M | $23.99M |
| Operating margin | 64.7% | 43.3% | 56.1% | 33.6% | 22.3% | 38.4% | 40.8% | 45.3% | 33.0% | 47.4% | 48.5% | 42.1% | 39.0% | 37.0% | 36.8% | 27.2% |
| EBITDA | $1.18M | $982888.00 | $1.37M | $2.08M | $3.65M | $7.84M | $12.24M | $18.61M | $-21.55M | $30.88M | $42.28M | $55.70M | $65.91M | $75.48M | $70.29M | $71.12M |
| EBITDA margin | 48.8% | 33.2% | 40.5% | 51.5% | 50.7% | 65.9% | 70.7% | 74.1% | -58.7% | 75.9% | 74.1% | 74.0% | 73.9% | 83.5% | 82.5% | 80.5% |
| EBIT | $863985.00 | $477320.00 | $898862.00 | $1.36M | $1.91M | $4.73M | $1.98M | $4.87M | $-47.22M | $18.09M | $25.58M | $28.40M | $30.45M | $38.23M | $35.17M | $36.57M |
| Interest expense | $700596.00 | $805508.00 | $1.01M | $1.12M | $2.01M | $4.16M | $6.02M | $9.76M | $12.13M | $16.33M | $20.62M | $24.88M | $25.74M | $23.66M | $21.89M | $23.04M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $560523.00 | $6219.00 | $600373.00 | $-1.22M | $-125133.00 | $568545.00 | $448102.00 | $-31000.00 | $2.63M | $1.74M | $4.93M | $3.50M | $4.71M | $14.56M | $13.29M | $13.53M |
| Net income growth (YoY) | — | -98.9% | +9553.9% | -304.0% | +89.8% | +554.4% | -21.2% | -106.9% | +8580.6% | -33.8% | +182.9% | -29.0% | +34.7% | +209.4% | -8.8% | +1.8% |
| Profit margin | 23.2% | 0.2% | 17.7% | -30.3% | -1.7% | 4.8% | 2.6% | -0.1% | 7.2% | 4.3% | 8.6% | 4.6% | 5.3% | 16.1% | 15.6% | 15.3% |