LAND: revenue $12.7M, net income -$8.5M. Gladstone Land's portfolio shrinks as impairments and tenant issues drive wider losses

Filed August 11, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 7, 2025 · ~2 min read

Key Changes

• high

  Net loss attributable to common stockholders widened to $23.5 million for the six months ended June 30, 2026, from $4.8 million a year earlier, driven by impairments, lower gains on dispositions, and higher preferred dividends.

  MD&A: Results of Operations verify on EDGAR →
• high

  The company recorded $5.1 million in impairment charges on two properties in the first half of 2026, compared with none in the prior-year period, reflecting declining farm values.

  MD&A: Impairments verify on EDGAR →
• high

  Two tenants were moved to cash-basis revenue recognition, resulting in negative lease revenue for Arizona and Nebraska due to write-offs of deferred rent assets and uncollected receivables.

  MD&A: Revenue verify on EDGAR →