FPI Q1 net income $0.6M ($0.01/sh); dividend raised 50% to $0.36 annualized; redeems Series A preferred units

Farmland Partners Inc.

2026-Q1 EPS reported $0.01 revenue$10,102,000

Net income $0.6M ($0.01 per share) vs $2.1M ($0.03) Q1 2025; AFFO $2.1M ($0.05 per share) flat YoY.
Dividend raised 50% to annualized $0.36 per share ($0.09 quarterly) from $0.24 per share ($0.06 quarterly).
Redeemed all 68,000 Series A preferred units, eliminating dilution risk; balance sheet simplified.
Disposed one West Coast property for $9.4M, reducing California exposure.
Reduced FY guidance due to non-cash allowances for potential loan losses under FPI loan program.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Farmland Partners Inc. reported the quarter ended March 31, 2026 results: revenue $10,102, net income $0.6 million, EPS $0.01 per share. Guidance reaffirmed.

Period: the quarter ended March 31, 2026
Revenue: $10,102
Net income: $0.6 million
EPS: $0.01 per share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

share $ 0.05 $ 0.05 — % Adjusted EBITDAre (2) $ 5,007 $ 5,682 (11.9) % Operating Results: Total Operating Revenues $ 10,102 $ 10,252 (1.5) % Net Operating Income (NOI) $ 8,604 $ 8,108 6.1 % (1) Basic net income per share available to common stockholders. See “Note 9—Stockholders’ Equity

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Farmland Partners Inc. filing history →

Source: SEC EDGAR

accession 0001104659-26-051481

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