Gladstone Land Q2 2026 net loss $8.5M, AFFO -$1.6M; revenue up 3.2% YoY

GLADSTONE LAND Corp

2026-Q2 EPS reported -$0.56 revenue$29,244,000

Net loss attributable to common stockholders $13.5M ($0.32/share) vs $13.9M ($0.38) in Q2 2025.
AFFO per share -$0.04, improving from -$0.10; total operating revenue $12.7M, up 3.2%.
Recorded $4.2M non-cash impairment on four Arizona farms; participation rents $201K (up from $142K).
New $37M Farm Credit revolving facility due Apr 2030; sold 1.38M ATM shares for $14.1M.
Repurchased 419,313 preferred shares at avg $20.61; distributions held at $0.1401/share.

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