Gladstone Land Corporation reported a net loss of $8.5 million for the second quarter ended June 30, 2026, compared to a $7.9 million loss in the prior-year period. The company recorded a $4.2 million non-cash impairment charge on four Arizona farms and recognized $201,000 in participation rent revenue alongside a $589,000 profit from direct-operated farm crop sales. Management entered into a new $37.0 million revolving credit facility with Farm Credit of Central Florida through April 2030 and repurchased preferred shares for a total gain of approximately $1.1 million across the quarter and subsequent period. Additionally, the company sold two Florida farms for $3.2 million and declared monthly common stock distributions of $0.0467 per share for July, August, and September. Gladstone Land Corporation is a real estate investment trust that owns farmland and farm-related properties in major U.S. agricultural markets.