Farmland Partners Inc. (NYSE: FPI) is a real estate investment trust that acquires, owns, and leases farmland across the United States. The company makes money by collecting rent from farmers who lease its agricultural properties, operating on a landlord model where tenant farmers bear commodity price and production risk. The 10-K filed 2026-02-19 (accession 000110465926017533) confirms the company's structure as a REIT organized to own farmland and related agricultural real estate. Because the filing excerpts provided do not include segment revenue figures, acreage counts, tenant counts, crop-type breakdowns, geographic state-level detail, or competitor names, those specifics cannot be stated here. What the filing confirms is the corporate identity: Farmland Partners Inc., ticker FPI, registered under Section 12(b) of the Securities Exchange Act, filing annual reports pursuant to Section 13 or 15(d).

Revenue model

Rental income from tenant farmers leasing farmland owned by the REIT. The filing confirms a farmland ownership and leasing structure, but specific rent figures, lease terms, or revenue totals are not supported by the provided excerpts.

Products and services

Ownership and leasing of farmland and agricultural real estate properties in the United States. Specific crop types, acreage, or property counts are not supported by the provided filing excerpts.

Customers and end markets

Tenant farmers who lease farmland from the company. End markets are agricultural. Customer concentration, tenant counts, and crop-type breakdowns are not supported by the provided excerpts.

Value-chain role

Farmland landlord and REIT. Sits between capital markets and agricultural producers, providing land access to farmers in exchange for rent.

Geographic exposure

United States. State-level or regional breakdown is not supported by the provided filing excerpts.

Source: SEC 10-K, filed 2026-02-19

Industry: Real Estate Investment Trusts Peers: American Tower Corp Global Self Storage Inc CatchMark Timber Trust, Inc. OUTFRONT Media Inc Uniti Group LLC Four Corners Property Trust Inc Gladstone Land Corp Power REIT Safehold Inc. /MD