Farmland Partners' second quarter 2026 AFFO per share grew 33% as the company raised its full-year guidance.

Farmland Partners reported second quarter 2026 total operating revenue of $9.4 million and net income of $0.07 per share. The results were driven by a significant increase in Adjusted Funds From Operations (AFFO), even as headline revenue declined compared to the prior-year period which included larger asset sales.

Key Highlights

• Adjusted Funds From Operations (AFFO) increased to $1.7 million, or $0.04 per share, up from $1.3 million, or $0.03 per share, in the prior-year quarter.
• Net Operating Income (NOI) grew 2.9% year-over-year to $7.1 million, reflecting solid core portfolio performance.
• The company raised the low end of its full-year 2026 AFFO per share guidance to a new range of $0.31 to $0.35.