---
schema_version: "secwatch.filing_event.v1"
accession: "0001495240-26-000008"
form_type: "8-K"
ticker: "LAND"
cik: "0001495240"
company_name: "GLADSTONE LAND Corp"
filed_at: "2026-02-24T23:59:59+00:00"
generated_at: "2026-05-16T00:46:49.376543+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Gladstone Land Q4 net loss to common $1.8M; AFFO $0.38/sh; revenue shift to participation rents

## Summary
- Q4 net loss to common $1.8M ($0.05/sh); AFFO $14.4M ($0.38/sh) vs $3.4M ($0.09) prior Q4.
- Full-year AFFO $14.4M ($0.39/sh) vs $16.7M ($0.47) in 2024; net loss to common $10.5M.
- Participation rents hit $20.0M for 2025 (vs $9.4M in 2024); fixed base rent down $1.9M in Q4.
- Sold 13 farms for $95.4M; net gain $21.3M; redeemed Series D term preferred for $60.6M in Jan 2026.
- Occupancy rate 95.1%; CEO cites possible lease restructurings or farm sales if fixed rents not restored.

## SEC filing metadata
- accession: 0001495240-26-000008
- form_type: 8-K
- ticker: LAND
- cik: 0001495240
- company_name: GLADSTONE LAND Corp
- filed_at: 2026-02-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1495240/000149524026000008/0001495240-26-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1495240/000149524026000008/land-20260224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001495240-26-000008
- JSON: https://secwatch.observer/filing/0001495240-26-000008.json
- Plain text: https://secwatch.observer/filing/0001495240-26-000008.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.