LANDO

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EXHIBIT 99.1

Gladstone Land Announces

First Quarter 2026 Results

Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision.

McLean, VA, May 11, 2026: Gladstone Land Corporation (Nasdaq: LAND) (“Gladstone Land” or the “Company”) today reported financial results for the first quarter ended March 31, 2026. A description of funds from operations (“FFO”), core FFO (“CFFO”), and adjusted FFO (“AFFO”), all non-GAAP (generally accepted accounting principles in the United States) financial measures, appear at the end of this press release. All per-share references are to fully-diluted, weighted-average shares of common stock, unless noted otherwise.  For further detail, please refer to the Quarterly Report on Form 10-Q (the “Form 10-Q”), which is available on the Investors section of the Company’s website at www.GladstoneLand.com.

First Quarter 2026 Activity:

•Timing Shift in Earnings Recognition: For the 2026 crop year, three of our farms remain under modified lease agreements that include reduced or eliminated fixed base rent and, in some cases, provide cash lease incentives to tenants in exchange for significantly higher participation rent components. We also continue to operate two properties (consisting of four farms) under management agreements with third-party operators. Collectively, these properties are referred to as our “Repositioned Farms,” reflecting a temporary shift toward greater participation-based revenues. These arrangements result in a shift in the timing of revenue recognition and increase our reliance on participation rents, which are generally recognized once crop results are known, typically in the fourth quarter. Consequently, consistent with 2025, a substantial majority of our 2026 revenue and earnings is expected to be recognized in the fourth quarter.

•Portfolio Activity:

◦Participation Rents: Recorded approximately $4.9 million of participation rent revenue, compared to approximately $465,000 in the prior-year quarter, primarily due to a partial early bonus payment received from one of our processors related to the 2025 pistachio crop (the “Early 2025 Pistachio Bonus Payment”) on certain of our Repositioned Farms. Typically, this bonus payment would be received in late 2026 or early 2027; however, a portion was received early, with the remaining portion still expected to be paid on the normal schedule.

◦Crop Sales: Recorded net income from crop sales on direct-operated farms of approximately $1.9 million, primarily driven by the Early 2025 Pistachio Bonus Payment.

•Debt Activity:

◦Redemption of Series D Term Preferred Stock: Redeemed all outstanding shares of our 5.00% Series D Cumulative Term Preferred Stock (the “Series D Term Preferred Stock”) for approximately $60.6 million, including accrued dividends.

◦Interest Patronage: Recorded approximately $1.4 million of interest patronage, or refunded interest, related to our 2025 borrowings from various Farm Credit associations. Total 2025 interest patronage resulted in a 21.0% reduction (approximately 95 basis points) to the interest rate on such borrowings.

•Equity Activity:

◦Common Stock— ATM Program: Sold 3,744,263 shares of our common stock for net proceeds of approximately $36.7 million under our "at-the-market" sales program (the “ATM Program”).

◦Repurchase Program: Repurchased a total of 123,897 shares of our 6.00% Series B Cumulative Redeemable Preferred Stock (the “Series B Preferred Stock”) and our 6.00% Series C Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) at an average repurchase price of $19.92 per share for a total gain on repurchase of approximately $325,000.

•Paid Distributions: Paid monthly cash distributions totaling $0.1401 per share of common stock during the quarter ended March 31, 2026.

First Quarter 2026 Results:

Net loss for the quarter was approximately $4.3 million, compared to net income of approximately $15.1 million in the prior-year quarter. Net loss attributable to common stockholders during the quarter was approximately $10.0 million, or $0.24 per share, compared to net income attributable to common stockholders of approximately $9.1 million, or $0.25 per share, in the prior-year quarter. AFFO for the quarter was approximately $3.1 million, or $0.08 per share, compared to approximately $2.0 million, or $0.06 per share, in the prior-year quarter. Common stock dividends declared were approximately $0.14 per share for both periods.

Total cash lease revenues decreased by approximately $351,000, primarily due to a $2.4 million reduction in fixed base cash rents resulting from lost revenues associated with farms sold over the past year and farms that were either placed on non-accrual status, transitioned to direct operations, or remain vacant, as well as a termination fee of approximately $2.4 million

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EXHIBIT 99.1

Gladstone Land Announces

Fourth Quarter and Year Ended 2025 Results

Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision.

McLean, VA, February 24, 2026: Gladstone Land Corporation (Nasdaq: LAND) (“Gladstone Land” or the “Company”) today reported financial results for the fourth quarter and year ended December 31, 2025. A description of funds from operations (“FFO”), core FFO (“CFFO”), and adjusted FFO (“AFFO”), all non-GAAP (generally accepted accounting principles in the United States) financial measures, appear at the end of this press release. All per-share references are to fully-diluted, weighted-average shares of common stock, unless noted otherwise.  For further detail, please refer to the Annual Report on Form 10-K (the “Form 10-K”), which is available on the Investors section of the Company’s website at www.GladstoneLand.com.

Highlights for Fiscal Year 2025:

•Timing Shift in Earnings Recognition: For the 2025 crop year, we modified lease agreements on six of our farms by reducing or eliminating fixed base rent and, in some cases, providing cash lease incentives to tenants in exchange for significantly increasing the participation rent components. We also operated two properties (encompassing four farms) under management agreements with third-party operators. Collectively, these properties are referred to as our “Repositioned Farms,” reflecting a temporary shift toward greater participation-based revenues. As a result, fixed base rent revenue was significantly lower throughout the year, while participation rent was considerably higher. This change resulted in a shift in the timing of revenue recognition and increased our reliance on participation rents, which are generally recognized once crop results are known, typically in the fourth quarter. Consequently, the majority of our revenue and annual earnings for 2025 was recognized in the fourth quarter. We expect to follow a similar revenue recognition pattern for 2026.

•Portfolio Activity:

◦Property Sales: Sold 13 farms totaling 12,502 gross acres for approximately $95.4 million, resulting in an aggregate net gain of approximately $21.3 million.

◦Lease Activity: Executed 14 amended or new lease agreements during the year as follows:

▪On annual row crop farms, we renewed or amended five different leases that are expected to result in an aggregate increase in annual net operating income of approximately $546,000 over the prior leases.

▪On permanent crop farms, we executed nine amended or new leases that are expected to result in an aggregate decrease in annual net operating income of approximately $1.1 million from the prior leases (excluding the impact of participation rents).

◦Participation Rents: Recorded approximately $20.0 million of revenue from participation rents, compared to approximately $9.4 million in the prior year.

◦Crop Sales: Completed our first harvest on a 2,409-acre property, including 2,293 acres of bearing almond and pistachio orchards (encompassing three farms included within the Repositioned Farms noted above). During the fourth quarter, we recorded approximately $12.2 million of revenue from crop sales and approximately $9.6 million of cost of sales, resulting in net income of approximately $2.6 million. We expect to recognize additional revenue related to the 2025 pistachio harvest as the marketing bonuses are settled later in 2026.

◦California Water Activity: Purchased 1,530 gross acre-feet of water at a total cost of approximately $583,000, or approximately $381 per gross acre-foot.

•Debt Activity:

◦Loan Refinancing: Secured a new $10.6 million loan bearing interest at 6.31% (fixed for three years).

◦Loan Repayments: Repaid $44.2 million of loans that bore interest at a stated rate of 4.68%.

◦Interest Patronage: Recorded approximately $1.7 million of interest patronage, or refunded interest, related to our 2024 borrowings from various Farm Credit associations. Total 2024 interest patronage resulted in a 21.9% reduction (approximately 101 basis points) to the interest rate of such borrowings.

•Equity Activity—Common Stock— ATM Program: Sold approximately 1.8 million shares of our common stock for net proceeds of approximately $16.9 million under our "at-the-market" program (the “ATM Program”).

•Paid Distributions: Paid monthly cash distributions totaling $0.1401 per share of common stock during the quarter ended December 31, 2025.

Fourth Quarter 2025 Results:

Net income for the quarter was approximately $4.2 million, compared to approximately $0.5 million in the prior-year quarter. Net loss attributable to common stockholders during the quarter was approximately $1.8 million, or $0.05 per share, compared to approximately $5.5 million, or $0.15 per share, in the prior-year quarter. AFFO for the quarter was approxim

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EXHIBIT 99.1

Gladstone Land Announces

Third Quarter 2025 Results

Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision.

McLean, VA, November 5, 2025: Gladstone Land Corporation (Nasdaq: LAND) (“Gladstone Land” or the “Company”) today reported financial results for the third quarter and year ended September 30, 2025. A description of funds from operations (“FFO”), core FFO (“CFFO”), and adjusted FFO (“AFFO”), all non-GAAP (generally accepted accounting principles in the United States) financial measures, appear at the end of this press release. All per-share references are to fully-diluted, weighted-average shares of common stock, unless noted otherwise.  For further detail, please refer to the Quarterly Report on Form 10-Q (the “Form 10-Q”), which is available on the Investors section of the Company’s website at www.GladstoneLand.com.

Third Quarter 2025 Activity:

•Timing Shift in Earnings Recognition: For the 2025 crop year, we modified lease agreements on six of our farms by reducing or eliminating fixed base rent amounts and, in some cases, providing cash lease incentives to certain tenants in exchange for significantly increasing the participation rent components. We are also operating two properties (encompassing four farms) under management agreements with third-party operators. Collectively, these eight properties (totaling ten farms) are referred to as our “Repositioned Farms,” reflecting a temporary shift toward greater participation-based revenues. As a result, revenues from fixed base rents are expected to be significantly lower throughout the year, while participation rents are anticipated to be considerably higher. This change will delay the timing of revenue recognition and increase our reliance on participation rents, which are typically recognized once crop results are known, generally in the fourth quarter. Consequently, we expect the majority of our revenue and annual earnings for 2025 to be recognized in the fourth quarter.

•Portfolio Activity:

◦Property Sales: Sold two farms in Florida totaling 2,678 gross acres for $21.5 million, representing a 36% premium over the original purchase price and resulting in a net gain of approximately $6.0 million.

◦California Water Activity: Purchased 1,530 gross acre-feet of water at a total cost of approximately $583,000, or approximately $381 per gross acre-foot.

•Debt Activity—Loan Repayment: Repaid a $10.4 million maturing bond that bore interest at a stated rate of 4.45%.

•Equity Activity—Common Stock— ATM Program: Sold 122,743 shares of our common stock for net proceeds of approximately $1.1 million under our "at-the-market" program (the “ATM Program”).

•Paid Distributions: Paid monthly cash distributions totaling $0.1401 per share of common stock during the quarter ended September 30, 2025.

Third Quarter 2025 Results:

Net income for the quarter was approximately $2.1 million, compared to approximately $6,000 in the prior-year quarter. Net loss attributable to common stockholders during the quarter was approximately $3.9 million, or $0.11 per share, compared to approximately $5.8 million, or $0.16 per share, in the prior-year quarter. AFFO for the quarter was approximately $1.4 million, or $0.04 per share, compared to approximately $4.5 million, or $0.13 per share, in the prior-year quarter. Common stock dividends declared were approximately $0.14 per share for both periods.

Total cash lease revenues decreased, primarily due to a $5.4 million reduction in fixed base cash rents. This decrease was largely driven by recent modifications to lease agreements on the Repositioned Farms and by ongoing vacancy and tenancy challenges. Participation rents increased by approximately $1.9 million, primarily due to the

accelerated recognition of certain revenue amounts in the current year, as additional information became available earlier than usual, along with improved year-over-year pistachio pricing.

Aggregate related-party fees decreased by approximately $111,000 during the current quarter, primarily due to a lower base management fee resulting from farm sales over the past year. Excluding related-party fees, cash operating expenses decreased by approximately $30,000, driven by lower general and administrative costs, particularly reduced professional fees. These savings were partially offset by higher property operating expenses associated with farms that were vacant, direct-operated, or on non-accrual status, including increased property taxes and insurance premiums. Interest expense also declined as a result of debt repayments made over the past year.

Cash flows from operations for the current quarter decreased by approximately $10.7 million compared to the prior-year quarter, primarily due to lower cash receipts from fixed lease payments following the sale of nin

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EXHIBIT 99.1

Gladstone Land Announces

Second Quarter 2025 Results

Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision.

McLean, VA, August 7, 2025: Gladstone Land Corporation (Nasdaq: LAND) (“Gladstone Land” or the “Company”) today reported financial results for the second quarter and year ended June 30, 2025. A description of funds from operations (“FFO”), core FFO (“CFFO”), and adjusted FFO (“AFFO”), all non-GAAP (generally accepted accounting principles in the United States) financial measures, appear at the end of this press release. All per-share references are to fully-diluted, weighted-average shares of common stock, unless noted otherwise.  For further detail, please refer to the Quarterly Report on Form 10-Q (the “Form 10-Q”), which is available on the Investors section of the Company’s website at www.GladstoneLand.com.

Second Quarter 2025 Activity:

•Timing Shift in Earnings Recognition: For the 2025 crop year, we modified lease agreements on six of our farms by reducing or eliminating fixed base rent amounts and, in some cases, providing cash lease incentives to certain tenants in exchange for significantly increasing the participation rent components. Additionally, we are currently operating two properties (encompassing four farms) under management agreements with third-party operators. As a result of these changes, we expect revenues from fixed base rents to be significantly lower throughout the year, while participation rents are anticipated to be considerably higher. This shift will delay the timing of revenue recognition and increase our reliance on participation rents, which are typically recognized once crop results are known, generally in the fourth quarter. As such, the majority of our revenue and annual earnings for 2025 are expected to be recognized in the fourth quarter.

•Portfolio Activity—Lease Activity: Executed four lease agreements expected to increase annual net operating income by approximately $166,000, or 9.3%, compared to the prior leases.

•Debt Activity—Loan Refinancing: Secured a new $10.6 million loan bearing interest at 6.31% (fixed for three years), which was used to repay a $10.3 million maturing loan that bore interest at 3.85%.

•Paid Distributions: Paid monthly cash distributions totaling $0.1401 per share of common stock during the quarter ended June 30, 2025.

Second Quarter 2025 Results:

Net loss for the quarter was approximately $7.9 million, compared to approximately $823,000 in the prior-year quarter. Net loss attributable to common stockholders during the quarter was approximately $13.9 million, or $0.38 per share, compared to approximately $6.7 million, or $0.19 per share, in the prior-year quarter. AFFO for the quarter was approximately $(3.5) million, or $(0.10) per share, compared to approximately $3.7 million, or $0.10 per share, in the prior-year quarter. Common stock dividends declared were approximately $0.14 per share for both periods.

Total cash lease revenues decreased, primarily due to a $6.8 million reduction in fixed base cash rents. This decrease was largely driven by modifications of certain lease agreements, as noted above, and ongoing vacancy and tenancy issues. Participation rents also decreased by approximately $975,000, primarily due to the accelerated recognition of certain revenue amounts in the prior year, as some information became available earlier than usual, enabling us to record those amounts in the first half of the year.

Excluding the second-quarter reversal of a capital gains fee earned during the first quarter of 2025, aggregate related-party fees decreased by approximately $67,000 during the current quarter, primarily due to a lower base management fee resulting from the sale of 19 farms since December 31, 2023. The capital gains fee is not payable until after the end of the fiscal year and is subject to further adjustment throughout the year if and when we dispose of additional assets. Excluding related-party fees, our remaining cash operating expenses decreased by approximately $135,000, primarily driven by a reduction in general and administrative expenses, particularly lower

stockholder-related costs and reduced professional fees. This was partially offset by higher property operating expenses due to additional costs incurred to protect water rights on certain farms in California and elevated expenses related to farms that were vacant, direct-operated, or on non-accrual status, particularly increased property taxes. Interest expense decreased due to debt repayments made over the past year.

Cash flows from operations for the current quarter decreased by approximately $12.0 million compared to the prior-year quarter, primarily due to a reduction in cash received from fixed lease payments as a result of the lease modifications noted above,

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EXHIBIT 99.1

Gladstone Land Announces

First Quarter 2025 Results

Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision.

McLean, VA, May 12, 2025: Gladstone Land Corporation (Nasdaq: LAND) (“Gladstone Land” or the “Company”) today reported financial results for the first quarter and year ended March 31, 2025. A description of funds from operations (“FFO”), core FFO (“CFFO”), and adjusted FFO (“AFFO”), all non-GAAP (generally accepted accounting principles in the United States) financial measures, appear at the end of this press release. All per-share references are to fully-diluted, weighted-average shares of common stock, unless noted otherwise.  For further detail, please refer to the Quarterly Report on Form 10-Q (the “Form 10-Q”), which is available on the Investors section of the Company’s website at www.GladstoneLand.com.

First Quarter 2025 Activity:

•Portfolio Activity:

◦Property Sales: Sold seven farms, consisting of 8,189 total acres in Florida and Nebraska, for an aggregate sales price of $64.5 million, resulting in a total net gain of approximately $15.7 million.

◦Lease Activity: Executed six amended or new lease agreements during the quarter. With one of these leases, we changed the lease structure to eliminate the base rent and provide the tenant a cash allowance in exchange for significantly increasing our participation rent component, the majority of which is expected to be recognized in the fourth quarter of 2025. The remaining five leases are expected to result in an aggregate decrease in annual net operating income of approximately $236,000 from that of the prior leases.

◦Vacant, Direct-operated, and Non-accrual Properties: During all or a portion of the quarter, we had 15 farms that were either vacant, direct-operated (via management agreements with unrelated third parties), or on which lease revenues were recognized on a cash basis. During the quarter, we entered into a lease agreement on one property that was previously on non-accrual; as such, we currently have five farms that are vacant, two properties (encompassing four farms) that are direct-operated, and three properties (encompassing five farms) on non-accrual status.

•Debt Activity:

◦Loan Repayments: Repaid approximately $19.4 million of loans that were scheduled to reprice to market rates later in 2025.

◦Interest Patronage: Recorded approximately $1.7 million of interest patronage, or refunded interest, related to our 2024 borrowings from various Farm Credit associations. Total 2024 interest patronage resulted in a 21.9% reduction (approximately 101 basis points) to the interest rate of such borrowings.

•Paid Distributions: Paid monthly cash distributions totaling $0.1401 per share of common stock during the quarter ended March 31, 2025.

First Quarter 2025 Results:

Net income for the quarter was approximately $15.1 million, compared to approximately $13.6 million in the prior-year quarter. Net income attributable to common stockholders during the quarter was approximately $9.1 million, or $0.25 per share, compared to approximately $7.4 million, or $0.21 per share, in the prior-year quarter. AFFO for the quarter was approximately $2.0 million, or $0.06 per share, compared to approximately $5.1 million, or $0.14 per share, in the prior-year quarter. Common stock dividends declared were approximately $0.14 per share for both periods.

Total cash lease revenues decreased, primarily due to a $5.7 million reduction in fixed base cash rents. This decrease was primarily driven by the execution of certain lease agreements pursuant to which we reduced or

eliminated the fixed base rent amounts or, in some cases, provided certain tenants with cash lease incentives, in exchange for significantly increasing our participation rent components in the leases, the majority of which is expected to be realized in the fourth quarter of 2025. Fixed base cash rents also decreased due to the sale of seven farms in the first quarter of 2025, as well as a decrease in revenue from certain vacant, direct-operated, and non-accrual properties. These decreases were partially offset by a $465,000 increase in participation rents, largely from additional wine grape sales, and $2.4 million of additional income recorded during the current quarter due to the receipt of a lease termination fee from an outgoing tenant who leased three of our farms.

Excluding a capital gains fee earned during the current quarter, which is not payable until after the end of the fiscal year and is subject to further adjustment as additional assets are sold or otherwise disposed of, aggregate related-party fees decreased by approximately $60,000 during the current quarter, primarily driven by a lower base management fee due to the sale of 12 farms during 2024. Excluding related-party fees, our recurri

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EXHIBIT 99.1

Gladstone Land Announces

Fourth Quarter and Year Ended 2024 Results

Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision.

McLean, VA, February 19, 2025: Gladstone Land Corporation (Nasdaq: LAND) (“Gladstone Land” or the “Company”) today reported financial results for the fourth quarter and year ended December 31, 2024. A description of funds from operations (“FFO”), core FFO (“CFFO”), adjusted FFO (“AFFO”), and net asset value (“NAV”), all non-GAAP (generally accepted accounting principles in the United States) financial measures, appear at the end of this press release. All per-share references are to fully-diluted, weighted-average shares of common stock, unless noted otherwise.  For further detail, please refer to the Annual Report on Form 10-K (the “Form 10-K”), which is available on the Investors section of the Company’s website at www.GladstoneLand.com.

Highlights for Fiscal Year 2024:

•Portfolio Activity:

◦Disposition Activity:

▪Sold 12 farms, consisting of 4,395 total acres in Florida and Michigan, for gross proceeds of approximately $70.6 million, which, after accounting for closing costs, resulted in a total net gain of approximately $10.0 million.

◦Lease Activity: Executed 31 amended or new lease agreements during the year as follows:

▪On annual row crop farms, we renewed or amended 12 different leases that are expected to result in an aggregate increase in annual net operating income of approximately $556,000, or 14.4%, over that of the prior leases.

▪On permanent crop farms, we executed 19 amended or new leases. With seven of these leases, we changed the lease structure whereby we eliminated the base rent, and in some cases, provided the tenants with a cash allowance, in exchange for significantly increasing the participation rent component in these leases, the majority of which will be recognized in the second half of 2025. The remaining 12 leases are expected to result in an aggregate decrease in annual net operating income of approximately $728,000, or 8.6%, from that of the prior leases.

◦Vacant, Direct-operated, and Non-accrual Properties: During all or a portion of the year, we had 26 farms that were either vacant, direct-operated (via management agreements with unrelated third parties), or on which lease revenues were recognized on a cash basis. The year-over-year impact on our operations as a result of these properties was a decrease in net operating income of approximately $2.1 million. We have since sold or leased certain of these farms, and we currently have 12 farms that are either vacant, direct-operated, or on non-accrual status.

◦California Water Activity: Secured an additional 8,987 net acre-feet (over 2.9 billion gallons) of water assets at a total cash cost of approximately $2.1 million, or $236 per net acre-foot, and recognized approximately $453,000 of non-cash revenue, which represents the estimated fair value of certain water assets obtained.

•Debt Activity:

◦Loan Repayments: Repaid approximately $33.6 million of loans, the majority of which were either maturing or scheduled for a price reset.

◦Interest Patronage: Recorded approximately $1.9 million of interest patronage, or refunded interest, related to our 2023 borrowings from various Farm Credit associations. Including approximately $111,000 of 2023 interest patronage that was received during the third quarter of 2023, total 2023 interest patronage resulted in a 22.0% reduction (approximately 101 basis points) to the interest rate of such borrowings.

•Equity Activity:

◦Series E Preferred Stock: Sold 16,595 shares of our 5.00% Series E Cumulative Redeemable Preferred Stock (the “Series E Preferred Stock”) for net proceeds of approximately $373,000.

◦Common Stock – ATM Program: Sold 346,216 shares of our common stock for net proceeds of approximately $4.6 million under our “at-the-market” program (the “ATM Program”).

◦Repurchase Program: Repurchased a total of 316,822 shares of our 6.00% Series B Cumulative Redeemable Preferred Stock (the “Series B Preferred Stock”) and our 6.00% Series C Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) at an average repurchase price of $20.93 per share for a total gain on repurchase of approximately $505,000.

•Increased and Paid Distributions: Increased the distribution run rate on our common stock by a total of 1.08% and paid monthly cash distributions totaling $0.5595 per share of common stock during the quarter ended December 31, 2024.

Fourth Quarter 2024 Results:

Net income for the quarter was approximately $539,000, compared to approximately $1.8 million in the prior-year quarter. Net loss to common stockholders during the quarter was approximately $5.5 million, or $0.15 per share, compared to approximately $4.3 million, or $0.12 per share, in the prior-ye

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EXHIBIT 99.1

Gladstone Land Announces

Third Quarter 2024 Results

Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision.

McLean, VA, November 6, 2024: Gladstone Land Corporation (Nasdaq: LAND) (“Gladstone Land” or the “Company”) today reported financial results for the third quarter ended September 30, 2024. A description of funds from operations (“FFO”), core FFO (“CFFO”), adjusted FFO (“AFFO”), and net asset value (“NAV”), all non-GAAP (generally accepted accounting principles in the United States) financial measures, appear at the end of this press release. All per-share references are to fully-diluted, weighted-average shares of common stock, unless noted otherwise.  For further detail, please refer to the Quarterly Report on Form 10-Q (the “Form 10-Q”), which is available on the Investors section of the Company’s website at www.GladstoneLand.com.

Third Quarter 2024 Activity:

•Portfolio Activity:

◦Lease Activity: Executed 21 amended or new lease agreements during the quarter as follows:

▪On annual row crop farms, we renewed or amended eight different leases that are expected to result in an aggregate increase in annual net operating income of approximately $309,000, or 11%, over that of the prior leases.

▪On permanent crop farms, we renewed or amended 13 different leases. With four of these leases, we changed the lease structure whereby we eliminated the base rent, and in some cases, provided the tenants with a cash allowance, in exchange for significantly increasing the participation rent component in these leases, the majority of which will be recognized in the second half of 2025. The remaining nine leases are expected to result in an aggregate decrease in annual net operating income of approximately $441,000, or 15%, from that of the prior leases.

◦Vacant, Direct-operated, and Non-accrual Properties: During all or a portion of the quarter, we had 20 farms (5 in California, 13 in Michigan, 1 in Oregon, and 1 in Washington) that were either vacant, direct-operated (via management agreements with unrelated third parties), or on which lease revenues were recognized on a cash basis. The year-over-year impact on our operations (Q3 2024 versus Q3 2023) as a result of these properties was a decrease in net operating income of approximately $638,000.

◦California Water Activity: Purchased 2,260 gross acre-feet (over 736 million gallons) of water at a cost of approximately $883,000, or approximately $391 per gross acre-foot.

•Debt Activity—Loan Repayments: Repaid approximately $13.3 million of loans that were scheduled to either mature or reprice.

•Equity Activity:

◦Series E Preferred Stock: Sold 3,595 shares of our 5.00% Series E Cumulative Redeemable Preferred Stock (the “Series E Preferred Stock”) for net proceeds of approximately $81,000.

◦Repurchase Program: Repurchased a total of 176,045 shares of our 6.00% Series B Cumulative Redeemable Preferred Stock (the “Series B Preferred Stock”) and our 6.00% Series C Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) at an average repurchase price of $21.22 per share for a total gain on repurchase of approximately $231,000.

•Increased and Paid Distributions: Increased the distribution run rate on our common stock by 0.21% and paid monthly cash distributions totaling $0.1401 per share of common stock during the quarter ended September 30, 2024.

Third Quarter 2024 Results:

Net income for the quarter was approximately $6,000, compared to net income of approximately $3.1 million in the prior-year quarter. Net loss to common stockholders during the quarter was approximately $5.8 million, or $0.16

per share, compared to a net loss to common stockholders of approximately $3.0 million, or $0.08 per share, in the prior-year quarter. AFFO for the quarter was approximately $4.5 million, or $0.13 per share, compared to approximately $5.4 million, or $0.15 per share, in the prior-year quarter. Common stock dividends declared were $0.14 per share for both periods.

Total cash lease revenues decreased, driven by lower fixed base cash rents on certain properties, partially offset by additional participation rents recorded during the current quarter. Fixed base cash rents decreased by approximately $2.6 million, primarily due to the sale of a large farm in Florida during the first quarter of 2024, as well as a decrease in revenue from certain vacant, direct-operated and non-accrual properties. Fixed base cash rents also decreased primarily due to the execution of certain lease agreements in 2024, pursuant to which we agreed to reduce the fixed base rent amounts and, in some cases, provided certain tenants with cash lease incentives in exchange for increasing the participation rent components in the leases, the majority of which will be recognized in the second half of 2025.

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EXHIBIT 99.1

Gladstone Land Announces

Second Quarter 2024 Results

Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision.

McLean, VA, August 8, 2024: Gladstone Land Corporation (Nasdaq: LAND) (“Gladstone Land” or the “Company”) today reported financial results for the second quarter ended June 30, 2024. A description of funds from operations (“FFO”), core FFO (“CFFO”), adjusted FFO (“AFFO”), and net asset value (“NAV”), all non-GAAP (generally accepted accounting principles in the United States) financial measures, appear at the end of this press release. All per-share references are to fully-diluted, weighted-average shares of the Company’s common stock, unless noted otherwise.  For further detail, please refer to the Company’s Quarterly Report on Form 10-Q (the “Form 10-Q”), which is available on the Investors section of the Company’s website at www.GladstoneLand.com.

Second Quarter 2024 Activity:

•Portfolio Activity:

◦Lease Activity: Executed three amended lease agreements on farms in two different states that are expected to result in an aggregate increase in annual net operating income of approximately $70,000 over the prior leases.

◦Vacant, Direct-operated, and Non-accrual Properties: During a portion of the quarter, we had 19 farms (4 in California, 14 in Michigan, and 1 in Washington) that were either vacant, direct-operated (via management agreements with unrelated third parties) or on which lease revenues were recognized on a cash basis. The year-over-year impact on our operations (Q2 2024 versus Q2 2023) as a result of these properties was a decrease in net operating income of approximately $452,000.

◦California Water Activity: Obtained an additional 4,899 net acre-feet (over 1.6 billion gallons) of water assets at a total cash cost of approximately $1.5 million, or $301 per net acre-foot, and recognized approximately $27,000 of non-cash revenue, which represents the estimated fair value of certain water assets obtained.

•Equity Activity:

◦Series E Preferred Stock: Sold 800 shares of our 5.00% Series E Cumulative Redeemable Preferred Stock (the “Series E Preferred Stock”) for net proceeds of approximately $18,000.

◦Repurchase Program: Commenced a share repurchase program of our 6.00% Series B Cumulative Redeemable Preferred Stock (the “Series B Preferred Stock”) and our 6.0% Series C Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) (the “Repurchase Program”). In the aggregate, we repurchased 140,777 shares of our Series B Preferred Stock and Series C Preferred Stock at an average repurchase price of $20.56 per share for a total gain on repurchase of approximately $274,000.

•Increased and Paid Distributions: Increased the distribution run rate on our common stock by 0.22% and paid monthly cash distributions totaling $0.1398 per share of common stock during the quarter ended June 30, 2024.

Second Quarter 2024 Results:

Net loss for the quarter was approximately $823,000, compared to net income of approximately $7.9 million in the prior-year quarter. Net loss to common stockholders during the quarter was approximately $6.7 million, or $0.19 per share, compared to a net income to common stockholders of approximately $1.7 million, or $0.05 per share, in the prior-year quarter. AFFO for the quarter was approximately $3.7 million, or $0.103 per share, compared to approximately $3.6 million, or $0.102 per share, in the prior-year quarter. Common stock dividends declared were $0.140 per share for the current quarter, compared to $0.138 per share for the prior-year quarter.

Total cash lease revenues remained relatively flat, as decreased fixed base cash rents were offset by additional participation rents recorded during the current quarter. Fixed base cash rents decreased by approximately $1.1

million, primarily due to the sale of a large farm in Florida during the first quarter of 2024, as well as a decrease in revenue from certain vacant, direct-operated and non-accrual properties. However, participation rents increased by approximately $1.1 million due to additional information related to prior years' harvest becoming available in the current quarter to allow us to estimate certain amounts.

Aggregate related-party fees remained relatively flat for the three months ended June 30, 2024, as compared to the prior-year period. Excluding related-party fees, our recurring core operating expenses increased by approximately $480,000 due to higher property operating expenses and general and administrative expenses incurred in the current-year quarter. The increase in property operating expenses was driven by additional real estate taxes paid on behalf of certain tenants and increased third-party property management expenses incurred related to certain vacant or direct-operated properties. General and admini

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EXHIBIT 99.1

Gladstone Land Announces

First Quarter 2024 Results

Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision.

McLean, VA, May 7, 2024: Gladstone Land Corporation (Nasdaq: LAND) (“Gladstone Land” or the “Company”) today reported financial results for the first quarter ended March 31, 2024. A description of funds from operations (“FFO”), core FFO (“CFFO”), adjusted FFO (“AFFO”), and net asset value (“NAV”), all non-GAAP (generally accepted accounting principles in the United States) financial measures, appear at the end of this press release. All per-share references are to fully-diluted, weighted-average shares of the Company’s common stock, unless noted otherwise.  For further detail, please refer to the Company’s Quarterly Report on Form 10-Q (the “Form 10-Q”), which is available on the Investors section of the Company’s website at www.GladstoneLand.com.

First Quarter 2024 Activity:

•Portfolio Activity:

◦Property Disposition: Sold a 3,748-acre farm in Florida for approximately $65.7 million, which, after accounting for closing costs, resulted in a return on equity of 60% and a net gain of approximately $10.4 million.

◦Lease Activity: Executed four new or amended lease agreements on farms in two different states that are expected to result in an aggregate decrease in annual net operating income of approximately $801,000 from the prior leases. However, the majority of this decrease was due to one lease agreement executed on a nut farm in California, where we agreed to reduce the fixed base rent in exchange for increasing the upside potential of the participation rent component.

◦Vacant, Direct-operated, and Non-accrual Properties: During a portion of the quarter, we had 20 farms (5 in California, 14 in Michigan, and 1 in Washington) that were either vacant or on which lease revenues were recognized on a cash basis. The year-over-year impact on our operations (Q1 2024 versus Q1 2023) as a result of these properties was a decrease in net operating income of approximately $750,000.

◦California Water Activity: Obtained an additional 2,676 acre-feet (over 872 million gallons) of water credits at a total cash cost of approximately $345,000, or $129 per acre-foot, and recognized approximately $426,000 of non-cash revenue, which represents the estimated fair value of certain water credits obtained.

•Debt Activity:

◦Loan Repayments: Repaid approximately $16.2 million of bonds scheduled to mature.

◦Interest Patronage: Recorded approximately $1.9 million of interest patronage, or refunded interest, related to our 2023 borrowings from various Farm Credit associations. Including approximately $111,000 of 2023 interest patronage that was received during the third quarter of 2023, total 2023 interest patronage resulted in a 22.0% reduction (approximately 101 basis points) to the interest rate of such borrowings.

•Equity Activity - Series E Preferred Stock: Sold 11,340 shares of our 5.00% Series E Cumulative Redeemable Preferred Stock (the “Series E Preferred Stock”) for net proceeds of approximately $255,000.

•Increased and Paid Distributions: Increased the distribution run rate on our common stock by 0.22% and paid monthly cash distributions totaling $0.1395 per share of common stock during the quarter ended March 31, 2024.

First Quarter 2024 Results:

Net income for the quarter was approximately $13.6 million, compared to approximately $1.8 million in the prior-year quarter. Net income to common stockholders during the quarter was approximately $7.4 million, or $0.21 per share, compared to a net loss to common stockholders of approximately $4.3 million, or $0.12 per share, in the prior-year quarter. AFFO for the quarter was approximately $5.1 million, or $0.14 per share, compared to

approximately $5.9 million, or $0.17 per share, in the prior-year quarter. Common stock dividends declared were $0.140 per share for the current quarter, compared to $0.138 per share for the prior-year quarter.

Total cash lease revenues decreased by approximately $1.3 million, or 6.3%, from the prior-year quarter, primarily due to the sale of a large farm in Florida, as well as a decrease in revenue from vacant, direct-operated, and non-accrual properties.

Aggregate related-party fees remained relatively flat for the three months ended March 31, 2024, as compared to the prior-year period. Excluding related-party fees, our recurring core operating expenses decreased by $540,000 due to lower property operating expenses and general and administrative expenses incurred in the current-year quarter. The decrease in property operating expenses was driven by a decrease in costs incurred in connection with protecting water rights on certain farms in California, as well as a decrease in legal fees and third-party property management expenses incurred rela

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EXHIBIT 99.1

Gladstone Land Announces

Fourth Quarter and Year Ended 2023 Results

Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision.

McLean, VA, February 20, 2024: Gladstone Land Corporation (Nasdaq: LAND) (“Gladstone Land” or the “Company”) today reported financial results for the fourth quarter and year ended December 31, 2023. A description of funds from operations (“FFO”), core FFO (“CFFO”), adjusted FFO (“AFFO”), and net asset value (“NAV”), all non-GAAP (generally accepted accounting principles in the United States) financial measures, appear at the end of this press release. All per-share references are to fully-diluted, weighted-average shares of the Company’s common stock, unless noted otherwise.  For further detail, please refer to the Company’s Annual Report on Form 10-K (the “Form 10-K”), which is available on the Investors section of the Company’s website at www.GladstoneLand.com.

Highlights for Fiscal Year 2023:

•Portfolio Activity:

◦Property Disposition: Sold a 138-acre parcel of unfarmed land in Florida for $9.6 million, which, after accounting for closing costs, resulted in a return on equity of 343% and a net gain of approximately $6.4 million. We still own and lease the remaining acreage of this farm.

◦Lease Activity: Executed 30 new or amended lease agreements on farms in six different states that are expected to result in an aggregate decrease in annual net operating income of approximately $617,000 from the prior leases. This includes new leases executed on properties to replace tenants who had previously been placed on non-accrual status. Excluding these leases, the remaining lease renewals are expected to result in an annual increase in annual net operating income of approximately $1.6 million, or 8.7%, over the prior leases.

◦Vacant, Direct-operated, and Non-accrual Properties: During a portion of 2023, we had 22 farms (7 in California, 14 in Michigan, and 1 in Washington) that were either vacant, direct-operated (via management agreements with unrelated third-parties), or on which lease revenues were recognized on a cash basis (due to credit issues with three tenants causing us to determine that the full collectibility of the remaining rental payments under the respective leases were not deemed to be probable). The year-over-year impact on our operations as a result of these properties was a decrease in net operating income of approximately $1.7 million.

◦2023 California Floods: Due to periods of heavy rainfall and the resulting flooding experienced in California in January 2023, certain structures on one of our farms were damaged. We estimated the amount of damage on this farm to be approximately $855,000 and recognized such loss during the first quarter. None of our other farms were materially impacted as a result of the floods.

◦California Water Activity:

▪Acquired an additional 1,003 acre-feet of banked water held by a water district in Kern County, California, which was received from one of our tenants as partial consideration for a rent payment.

▪Invested approximately $1.8 million to construct groundwater recharge facilities on two of our farms to allow us to capture and store surplus water.

▪Participated in a groundwater recharge program established by a water district in Fresno County, California, whereby the water district pays for surplus surface water to be delivered to our groundwater recharge facility in exchange for allowing us to keep 50% of the net amount of groundwater credits generated under the program. Thus far, we have obtained 397 acre-feet of water credits under this program at minimal cost to us.

▪Secured a long-term water supply contract with a water district in Contra Costa County, California, that will provide an additional source of water in the future for several of our farms in the western San Joaquin Valley.

▪Entered into various other agreements with both local water districts and private individuals that are expected to result in additional water credits by allowing water to be stored in our groundwater recharge facilities.

•Debt Activity:

◦Loan Repayments: Repaid approximately $36.0 million of loans scheduled to mature or reset.

◦Interest Patronage: Recorded approximately $2.3 million of interest patronage, or refunded interest, related to our 2022 borrowings from various Farm Credit associations. Including approximately $113,000 of 2022 interest patronage that was received during the third quarter of 2022, total 2022 interest patronage resulted in a 24.1% reduction (approximately 109 basis points) to the interest rate of such borrowings.

◦Farmer Mac Facility: Amended our agreement with Federal Agricultural Mortgage Corporation (“Farmer Mac”) to extend the date through which we may issue new bonds to December 31, 2026. Additionally, the final maturity dat

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EXHIBIT 99.1

Gladstone Land Announces

Third Quarter 2023 Results

Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision.

McLean, VA, November 7, 2023: Gladstone Land Corporation (Nasdaq: LAND) (“Gladstone Land” or the “Company”) today reported financial results for the third quarter ended September 30, 2023. A description of funds from operations (“FFO”), core FFO (“CFFO”), adjusted FFO (“AFFO”), and net asset value (“NAV”), all non-GAAP (generally accepted accounting principles in the United States) financial measures, appear at the end of this press release. All per-share references are to fully-diluted, weighted-average shares of the Company’s common stock, unless noted otherwise.  For further detail, please refer to the Company’s Quarterly Report on Form 10-Q (the “Form 10-Q”), which is available on the Investors section of the Company’s website at www.GladstoneLand.com.

Third Quarter 2023 Activity:

•Portfolio Activity:

◦Lease Activity: Executed seven new or amended lease agreements on farms in two different states that are expected to result in an aggregate increase in annual net operating income of approximately $210,000, or 9.8%, over the prior leases.

◦Self-operated and Non-accrual Properties: As of and during the quarter ended September 30, 2023, we operated one farm ourselves (via a management agreement with an unrelated third-party). In addition, during the quarter ended September 30, 2023, we recognized revenue from two different leases with one tenant at two separate farms on a cash basis (rather than on a straight-line basis) due to credit issues with the tenant. The year-over-year impact on our operations (Q3 2023 versus Q3 2022) as a result of these properties was a decrease in net operating income of approximately $201,000.

•Debt Activity:

◦Loan Repayments: Repaid approximately $4.2 million of maturing loans.

•Equity Activity:

◦Series E Preferred Stock: Issued and sold 87,672 shares of our 5.00% Series E Cumulative Redeemable Preferred Stock (the “Series E Preferred Stock”) for net proceeds of approximately $2.0 million.

◦Common Stock—ATM Program: Sold 58,360 shares of our common stock for net proceeds of approximately $1.0 million under our “at-the-market” program (the “ATM Program”).

•Increased and Paid Distributions: Increased the distribution run rate on our common stock by 0.43% and paid monthly cash distributions totaling $0.1386 per share of common stock during the quarter ended September 30, 2023.

Third Quarter 2023 Results:

Net income for the quarter was approximately $3.1 million, compared to approximately $1.8 million in the prior-year quarter. Net loss to common stockholders during the quarter was approximately $3.0 million, or $0.08 per share, compared to approximately $3.6 million, or $0.10 per share, in the prior-year quarter. AFFO for the quarter was approximately $5.6 million, or $0.15 per share, compared to approximately $7.2 million, or $0.21 per share, in the prior-year quarter. Common stock dividends declared were $0.139 per share for the current quarter, compared to $0.137 per share for the prior-year quarter.

Total cash lease revenues decreased by approximately $1.0 million, or 4.4%, from the prior-year quarter, due to decreases in both fixed base cash rent and participation rent amounts. Fixed base cash rents decreased by approximately $402,000, or 2.0%, from the prior-year quarter, primarily due to the execution of one lease agreement in the fourth quarter of 2022, pursuant to which we agreed to reduce the fixed base rent amount in exchange for increasing the participation rent component in the lease (the result of which will not be known until

the fourth quarter of 2023), as well as a decrease in revenue from self-operated and non-accrual properties. This decrease was partially offset by additional rents earned on new farms acquired and capital improvements completed on certain farms subsequent to June 30, 2022. Participation rents decreased by approximately $618,000 from the prior-year quarter, driven by lower production (i.e. pounds per acre) on certain almond and pistachio farms (partly due to the alternate-bearing nature of such tree crops but also due to the harvest of such crops coming at the end of a multi-year drought), coupled with weaker crop prices, particularly in the almond market, which continued to be hampered with oversupply exacerbated by supply chain disruptions that occurred during the height of the COVID-19 pandemic.

Aggregate related-party fees increased by approximately $424,000 from the prior-year quarter, primarily driven by a higher incentive fee earned by our investment adviser in the current quarter due to our pre-incentive fee FFO surpassing the required hurdle rate by a higher margin than in the prior-year quarter. Excluding related-party fees, our re

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EXHIBIT 99.1

Gladstone Land Announces

Second Quarter 2023 Results

Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision.

McLean, VA, August 7, 2023: Gladstone Land Corporation (Nasdaq: LAND) (“Gladstone Land” or the “Company”) today reported financial results for the second quarter ended June 30, 2023. A description of funds from operations (“FFO”), core FFO (“CFFO”), adjusted FFO (“AFFO”), and net asset value (“NAV”), all non-GAAP (generally accepted accounting principles in the United States) financial measures, appear at the end of this press release. All per-share references are to fully-diluted, weighted-average shares of the Company’s common stock, unless noted otherwise.  For further detail, please refer to the Company’s Quarterly Report on Form 10-Q (the “Form 10-Q”), which is available on the Investors section of the Company’s website at www.GladstoneLand.com.

Second Quarter 2023 Activity:

•Portfolio Activity:

◦Property Disposition: Sold a 138-acre parcel of unfarmed land in Florida for $9.6 million, which, after accounting for closing costs, resulted in a return on investment of 343% and a net gain of approximately $6.4 million. We still own and lease the remaining acreage of this farm.

◦Lease Activity: Executed 12 new or amended lease agreements on farms in five different states that are expected to result in an aggregate decrease in annual net operating income of approximately $503,000 from the prior leases. This includes four new leases we executed on farms in Michigan to replace the prior tenant, who had been placed on non-accrual status. Excluding the four Michigan leases, the remaining lease renewals are expected to result in an annual increase in annual net operating income of approximately $175,000, or 2.7%, over the prior leases.

◦Self-operated and Non-accrual Properties: As of and during the quarter ended June 30, 2023, we had one farm that was self-operated (via a management agreement with an unrelated third-party). In addition, during a portion of the quarter ended June 30, 2023, we recognized revenues from leases with three different tenants on a cash basis (rather than on a straight-line basis) due to credit issues with such tenants. During the quarter ended June 30, 2023, we replaced one tenant by executing new lease agreements with a new tenant, and we received rental payments (in part or in whole) from the other two tenants. We continue to be in discussions with all existing tenants and prospective new tenants on each of these farms and expect to have resolutions in place for each of the remaining farms by the end of the year. The year-over-year impact on our operations (Q2 2023 versus Q2 2022) as a result of these self-operated and non-accrual properties was a decrease in net operating income of approximately $318,000.

•Debt Activity:

◦Loan Repayments: Repaid approximately $2.5 million of maturing loans.

◦Farmer Mac Facility: Amended our agreement with Federal Agricultural Mortgage Corporate (“Farmer Mac”), which provides for bond issuances up to an aggregate amount of $225.0 million (the “Farmer Mac Facility”), to extend the date through which we may issue new bonds to December 31, 2026. Additionally, the final maturity date for new bonds issued under the facility will be the date that is ten years from the applicable issuance date.

•Equity Activity:

◦Series C Preferred Stock: Listed our 6.00% Series C Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) on Nasdaq under the ticker symbol, "LANDP.” Trading of the Series C Preferred Stock on Nasdaq commenced on June 8, 2023.

◦Series E Preferred Stock: Issued and sold 75,209 shares of our 5.00% Series E Cumulative Redeemable Preferred Stock (the “Series E Preferred Stock”) for net proceeds of approximately $1.7 million.

◦Common Stock—ATM Program: Sold 66,100 shares of our common stock for net proceeds of approximately $1.1 million under our “at-the-market” program (the “ATM Program”).

•Increased and Paid Distributions: Increased the distribution run rate on our common stock by 0.22% and paid monthly cash distributions totaling $0.1380 per share of common stock during the quarter ended June 30, 2023.

Second Quarter 2023 Results:

Net income for the quarter was approximately $7.9 million, compared to approximately $613,000 in the prior-year quarter. Net income to common stockholders during the quarter was approximately $1.7 million, or $0.05 per share, compared to a net loss to common stockholders of approximately $3.9 million, or $0.11 per share, in the prior-year quarter. AFFO for the quarter was approximately $3.8 million, or $0.11 per share, compared to approximately $4.5 million, or $0.13 per share, in the prior-year quarter. Common stock dividends declared were $0.138 per share for the current quarter, compared to $0.1

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EXHIBIT 99.1

Gladstone Land Announces

First Quarter 2023 Results

Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision.

McLean, VA, May 8, 2023: Gladstone Land Corporation (Nasdaq: LAND) (“Gladstone Land” or the “Company”) today reported financial results for the first quarter ended March 31, 2023. A description of funds from operations (“FFO”), core FFO (“CFFO”), adjusted FFO (“AFFO”), and net asset value (“NAV”), all non-GAAP (generally accepted accounting principles in the United States) financial measures, appear at the end of this press release. All per-share references are to fully-diluted, weighted-average shares of the Company’s common stock, unless noted otherwise.  For further detail, please refer to the Company’s Quarterly Report on Form 10-Q (the “Form 10-Q”), which is available on the Investors section of the Company’s website at www.GladstoneLand.com.

First Quarter 2023 Activity:

•Portfolio Activity:

◦Lease Activity: Executed five new or amended lease agreements on certain of our farms in three different states that are expected to result in an aggregate increase in annual net operating income of approximately $598,000, or 12.2%, from that of the prior leases.

◦California Floods: Due to periods of heavy rainfall and the resulting flooding experienced in California earlier in the year, certain structures on one of our farms were damaged. We currently estimate the amount of damage on this farm to be approximately $855,000 and recognized such loss during the first quarter. We currently expect the damage to be fully covered by either insurance or the tenant's obligations pursuant to the lease. None of our other farms were materially impacted as a result of the floods.

◦Self-operated and Non-accrual Properties: As of and during a portion of the quarter ended March 31, 2023, we had one farm that was self-operated (via a management agreement with an unrelated third-party), and we recognized revenues from leases with three different tenants on a cash basis (rather than on a straight-line basis as prescribed under GAAP) due to credit issues with such tenants. Two of these three tenants made rental payments to us (in part or in whole) during or since the quarter ended March 31, 2023. We are in discussions with all existing tenants and prospective new tenants on each of these farms. We currently expect to execute a lease agreement with a new tenant on the self-operated farm during the second quarter of 2023, and we expect to have resolutions in place for each of the remaining farms by the end of the year. The year-over-year impact on our operations (Q1 2023 versus Q1 2022) as a result of these self-operated and non-accrual properties was a decrease in net operating income of approximately $295,000

•Debt Activity:

◦Loan Repayments: Repaid approximately $21.8 million of maturing loans.

◦Interest Patronage: Recorded approximately $2.3 million of interest patronage, or refunded interest, related to our 2022 borrowings from various Farm Credit associations. Including approximately $113,000 of 2022 interest patronage that was received during the third quarter of 2022, total 2022 interest patronage resulted in a 24.1% reduction (approximately 109 basis points) to the interest rate of such borrowings.

•Equity Activity:

◦Series E Preferred Stock: Commenced sales of our 5.00% Series E Cumulative Redeemable Preferred Stock (the “Series E Preferred Stock”). Issued and sold 60,200 shares of our Series E Preferred Stock for net proceeds of approximately $1.4 million.

◦Common Stock—ATM Program: Sold 663,585 shares of our common stock for net proceeds of approximately $13.0 million under our “at-the-market” program (the “ATM Program”).

◦Registration Statement: Filed a new registration statement (which the SEC declared effective on April 13, 2023), permitting us to issue up to an aggregate of $1.5 billion in securities over the next three years.

•Increased and Paid Distributions: Increased the distribution run rate on our common stock by a total of 0.22% and paid monthly cash distributions totaling $0.1377 per share of common stock during the quarter ended March 31, 2023.

First Quarter 2023 Results:

Net income for the quarter was approximately $1.8 million, compared to approximately $1.2 million in the prior-year quarter. Net loss to common stockholders during the quarter was approximately $4.3 million, or $0.12 per share, compared to approximately $2.7 million, or $0.08 per share, in the prior-year quarter. AFFO for the quarter was approximately $6.0 million, or $0.17 per share, compared to approximately $6.4 million, or $0.19 per share, in the prior-year quarter. Common stock dividends declared increased to approximately $0.138 per common share for the current quarter, compared to $0.136 per share for the prior-year quarter.

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EXHIBIT 99.1

Gladstone Land Announces

Fourth Quarter and Year Ended 2022 Results

Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision.

McLean, VA, February 21, 2023: Gladstone Land Corporation (Nasdaq: LAND) (“Gladstone Land” or the “Company”) today reported financial results for the fourth quarter and year ended December 31, 2022. A description of funds from operations (“FFO”), core FFO (“CFFO”), adjusted FFO (“AFFO”), and net asset value (“NAV”), all non-GAAP (generally accepted accounting principles in the United States) financial measures, appear at the end of this press release. All per-share references are to fully-diluted, weighted-average shares of the Company’s common stock, unless noted otherwise.  For further detail, please refer to the Company’s Annual Report on Form 10-K (the “Form 10-K”), which is available on the Investors section of the Company’s website at www.GladstoneLand.com.

Highlights for Fiscal Year 2022:

•Portfolio Activity:

◦Property Acquisitions: Acquired five new farms, consisting of 3,189 gross acres in five different states for a total of approximately $65.1 million. On a weighted-average basis, these acquisitions will yield an initial, minimum net capitalization rate of 5.8%; however, all of the leases on these farms contain certain provisions (e.g., annual rent escalations, CPI adjustments, or participation rents) that are expected to drive cash rents higher in future years.

◦Lease Activity: Executed 23 new or amended lease agreements on certain of our farms in six different states that are expected to result in an aggregate decrease in annual net operating income of approximately $454,000, or 4.9%, from that of the prior leases. The majority of this decrease was due to two lease agreements pursuant to which we agreed to reduce the fixed base rent amounts in exchange for increasing the participation rent components in the leases, the results of which will not be known until later in 2023. Excluding these two lease agreements, the other lease renewals executed during the year are expected to result in an aggregate increase in annual net operating income of approximately $299,000, or 4.1%, from that of the prior leases.

◦Lease Revenue—Participation Rents: Recorded approximately $7.7 million of revenue from participation rents, compared to approximately $5.2 million in the prior year.

•Debt Activity:

◦New Long-term Borrowings: Received approximately $9.9 million in total proceeds from new long-term borrowings secured from three different lenders. On a weighted-average basis, these loans will bear interest at an expected effective interest rate of 3.18% and are fixed for the next 7.1 years.

◦MetLife Facility: Increased the size of our credit facility with Metropolitan Life Insurance Company (“MetLife”) through the addition of a new $100.0 million long-term note payable.

◦Loan Repayments: Repaid approximately $36.6 million of maturing loans.

◦Interest Patronage: Recorded approximately $2.8 million of interest patronage, or refunded interest, related to our 2021 borrowings from various Farm Credit associations and also recorded approximately $113,000 of 2022 interest patronage, as certain Farm Credit associations paid a portion of the 2022 interest patronage early. In total, we recorded approximately $2.9 million of interest patronage from Farm Credit during the year. 2021 interest patronage resulted in a 29.9% reduction to the interest rate of such borrowings.

•Equity Activity:

◦Series C Preferred Stock: Sold 6,701,987 shares of our 6.00% Series C Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) for net proceeds of approximately $152.5 million, thus completing the primary offering of our Series C Preferred Stock pursuant to an amendment that reduced the

size and shortened the duration of the offering. The primary Series C Offering was terminated on December 31, 2022, with substantially all of the allotted shares being sold, resulting in total net proceeds of approximately $230.5 million raised.

◦Common Stock—ATM Program: Sold 840,384 shares of our common stock for net proceeds of approximately $22.0 million under our “at-the-market” program (the “ATM Program”).

•Increased and Paid Distributions: Increased the distribution run rate on our common stock (including OP Units held by non-controlling OP Unitholders, if any) by a total of 1.03% and paid monthly cash distributions totaling $0.5463 per share of common stock during the year ended December 31, 2022.

Fourth Quarter 2022 Results:

Net income for the quarter was approximately $1.1 million, compared to approximately $1.8 million in the prior quarter. Net loss to common stockholders during the quarter was approximately $4.8 million, or $0.14 per share, compared to approximately $3.6 million, or $0.10 per share, in

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EXHIBIT 99.1

Gladstone Land Announces

Third Quarter 2022 Results

Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision.

McLean, VA, November 8, 2022: Gladstone Land Corporation (Nasdaq: LAND) (“Gladstone Land” or the “Company”) today reported financial results for the third quarter ended September 30, 2022. A description of funds from operations (“FFO”), core FFO (“CFFO”), adjusted FFO (“AFFO”), and net asset value (“NAV”), all non-GAAP (generally accepted accounting principles in the United States) financial measures, appear at the end of this press release. All per-share references are to fully-diluted, weighted-average shares of the Company’s common stock, unless noted otherwise.  For further detail, please refer to the Company’s Quarterly Report on Form 10-Q (the “Form 10-Q”), which is available on the Investors section of the Company’s website at www.GladstoneLand.com.

Third Quarter 2022 Activity:

•Portfolio Activity:

◦Property Acquisitions: Acquired four new farms, consisting of 1,317 gross acres in two different states (Washington and Oregon), and a 40-acre parcel in Arizona adjacent to an existing farm for a total of approximately $37.4 million. On a weighted-average basis, these acquisitions will yield an initial, minimum net capitalization rate of 6.2%; however, the leases on these farms contain certain provisions (e.g., annual rent escalations, CPI adjustments, or participation rents) that are expected to drive cash rents higher in future years.

◦Lease Activity: Executed six new or amended leases (including one early termination and immediate re-leasing of the respective property) on certain of our farms in three different states (AZ, CA, and FL) that are expected to result in an aggregate increase in annual net operating income of approximately $281,000, or 9.8%, over that of the prior leases.

•Debt Activity—Loan Repayments: Repaid approximately $16.9 million of maturing loans. On a weighted-average basis, these borrowings bore interest at an effective interest rate (after interest patronage) of 2.89%.

•Equity Activity:

◦Series C Preferred Stock:

▪Amended certain terms of the offering of our 6.00% Series C Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) to (i) reduce the size of the offering from a maximum of 26.0 million shares (up to $650 million) to a maximum of 10.4 million shares (up to $260 million), and (ii) shorten the duration of the offering so that the offering will terminate no later than December 31, 2022.

▪Sold 2,470,908 shares of our Series C Preferred Stock for net proceeds of approximately $56.2 million.

◦Common Stock—ATM Program: Sold 183,937 shares of our common stock for net proceeds of approximately $4.6 million under our “at-the-market” program (the “ATM Program”).

•Increased and Paid Distributions: Increased the distribution run rate on our common stock (including OP Units held by non-controlling OP Unitholders, if any) by a total of 0.44% and paid monthly cash distributions totaling $0.1368 per share of common stock during the quarter ended September 30, 2022.

Third Quarter 2022 Results:

Net income for the quarter was approximately $1.8 million, compared to approximately $0.6 million in the prior quarter. Net loss to common stockholders during the quarter was approximately $3.6 million, or $0.10 per share, compared to approximately $3.9 million, or $0.11 per share, in the prior quarter. AFFO was approximately $7.2 million for the current quarter, an increase of approximately $2.7 million, or 60.3%, from the prior quarter, while AFFO per common share increased to approximately $0.21 for the current quarter, compared to approximately $0.13 for the prior quarter. Common stock dividends declared also increased to approximately $0.137 for the

current quarter, compared to approximately $0.136 for the prior quarter. The increase in AFFO was primarily driven by higher lease revenues recorded during the current quarter, partially offset by increases in dividends paid to preferred shareholders and certain related-party fees.

Total cash lease revenues increased by approximately $3.9 million, or 19.7%, primarily driven by participation rents recorded during the current quarter of approximately $3.0 million, versus approximately $20,000 in the prior quarter. Fixed base cash rents increased quarter-over-quarter by approximately $877,000, or 4.5%, primarily due to additional rental receipts attributable to recent acquisitions and additional rents earned on capital improvements completed on certain of our farms. Aggregate related-party fees increased by approximately $629,000 from the prior quarter, primarily driven by an incentive fee earned by our investment advisor in the current quarter (due to our pre-incentive fee FFO surpassing the required hurdle rate), versus no fee ear

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EXHIBIT 99.1

Gladstone Land Announces

Second Quarter 2022 Results

Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision.

McLean, VA, August 9, 2022: Gladstone Land Corporation (Nasdaq: LAND) (“Gladstone Land” or the “Company”) today reported financial results for the second quarter ended June 30, 2022. A description of funds from operations (“FFO”), core FFO (“CFFO”), adjusted FFO (“AFFO”), and net asset value (“NAV”), all non-GAAP (generally accepted accounting principles in the United States) financial measures, appear at the end of this press release. All per-share references are to fully-diluted, weighted-average shares of the Company’s common stock, unless noted otherwise.  For further detail, please refer to the Company’s Quarterly Report on Form 10-Q (the “Form 10-Q”), which is available on the Investors section of the Company’s website at www.GladstoneLand.com.

Second Quarter 2022 Activity:

•Portfolio Activity:

◦Property Acquisitions: Acquired a 1,374-acre farm in California and a 15-acre parcel in Florida adjacent to an existing farm for a total of approximately $24.6 million. On a weighted-average basis, these acquisitions will yield an initial, minimum net capitalization rate of 5.84%; however, the leases on these farms contain certain provisions (e.g., annual rent escalations, CPI adjustments, or participation rents) that are expected to drive cash rents higher in future years.

◦Lease Renewals: Executed one new lease agreement on a farm in Colorado that is expected to result in an increase in annual net operating income of approximately $170,000 from that of the prior lease. In addition, we also entered into a renewable energy lease to allow for the development of both wind and solar energy facilities on 16,595 acres in Colorado that is expected to provide annual rental payments of approximately $332,000.

•Debt Activity—New Long-term Borrowings: Received $4.8 million in long-term loan proceeds previously secured from an existing lender. This loan will bear interest at an expected effective interest rate of 2.89% and is fixed for the next 4.9 years.

•Equity Activity—Series C Preferred Stock: Sold 1,479,544 shares of our 6.00% Series C Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) for net proceeds of approximately $33.7 million.

•Increased and Paid Distributions: Increased the distribution run rate on our common stock (including OP Units held by non-controlling OP Unitholders) by a total of 0.22% and paid monthly cash distributions totaling $0.1362 per share of common stock during the quarter ended June 30, 2022.

Second Quarter 2022 Results:

Net income for the quarter was approximately $613,000, compared to approximately $1.2 million in the prior quarter. Net loss to common stockholders during the quarter was approximately $3.9 million, or $0.11 per share, compared to approximately $2.7 million, or $0.08 per share, in the prior quarter. AFFO was approximately $4.5 million for the current quarter, compared to $6.4 million in the prior quarter, while AFFO per common share was approximately $0.13 for the current quarter, compared to $0.19 for the prior quarter. Common stock dividends declared were approximately $0.136 for both quarters. The decrease in AFFO was primarily driven by approximately $2.8 million of interest patronage recorded during the prior quarter related to our borrowings with Farm Credit, partially offset by a decrease in related-party fees for the current quarter.

Total cash lease revenues increased by approximately $344,000, primarily driven by an increase in fixed base cash rents of approximately $323,000, or 1.7%, primarily due to additional rental receipts attributable to recent acquisitions and certain new leases, amendments, and renewals executed at higher rental rates. Aggregate related-party fees decreased by approximately $1.1 million from the prior quarter, primarily driven by an incentive fee

earned by our investment advisor in the prior quarter, versus no fee earned during the current quarter. Excluding related-party fees, our recurring core operating expenses increased by approximately $77,000 from the prior quarter, primarily due to higher general and administrative costs. The increase in general and administrative expenses was primarily due to additional costs incurred related to the annual shareholders' meeting, partially offset by certain director fees expensed during the previous quarter. Additionally, dividends declared on our Series C Preferred Stock increased due to additional stock issuances during and since the prior quarter.

Cash flows from operations for the current quarter increased by approximately $4.2 million from the prior quarter, primarily due to a decrease in the amount of cash payments made for interest and related-party fees and an incre

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EXHIBIT 99.1

Gladstone Land Announces

First Quarter 2022 Results

Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision.

McLean, VA, May 10, 2022: Gladstone Land Corporation (Nasdaq: LAND) (“Gladstone Land” or the “Company”) today reported financial results for the first quarter ended March 31, 2022. A description of funds from operations (“FFO”), core FFO (“CFFO”), adjusted FFO (“AFFO”), and net asset value (“NAV”), all non-GAAP (generally accepted accounting principles in the United States) financial measures, appear at the end of this press release. All per-share references are to fully-diluted, weighted-average shares of the Company’s common stock, unless noted otherwise.  For further detail, please refer to the Company’s Quarterly Report on Form 10-Q (the “Form 10-Q”), which is available on the Investors section of the Company’s website at www.GladstoneLand.com.

First Quarter 2022 Activity:

•Portfolio Activity—Lease Renewals: Executed seven new lease agreements on certain of our farms in four different states (CA, CO, MI, and NE) that are expected to result in an aggregate decrease in annual net operating income of approximately $580,000 from that of the prior leases. The majority of this decrease is due to one lease renewal pursuant to which we agreed to pay a fixed amount to cover the majority of the farm's operating expenses in exchange for adding a significant participation rent component to the lease, the result of which will not be known until later in 2022. Excluding this lease renewal, the other lease renewals executed during the quarter are expected to result in an aggregate increase in annual net operating income of approximately $55,000, or 2.8%, from that of the prior leases.

•Debt Activity:

◦New Long-term Borrowings: Received approximately $5.1 million in total proceeds from new long-term borrowings secured from two different lenders. On a weighted-average basis, these loans will bear interest at an expected effective interest rate of 3.46% and are fixed for the next 9.2 years.

◦MetLife Facility: Increased the size of our credit facility with Metropolitan Life Insurance Company ("MetLife") through the addition of a new $100.0 million long-term note payable.

◦Interest Patronage: Recorded approximately $2.8 million of interest patronage, or refunded interest, related to our 2021 borrowings from various Farm Credit associations (collectively, “Farm Credit”), which resulted in a 29.9% reduction (approximately 137 basis points) to the stated interest rate on such borrowings.

•Equity Activity:

◦Series C Preferred Stock: Sold 1,548,931 shares of our 6.00% Series C Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) for net proceeds of approximately $35.2 million.

◦Common Stock—ATM Program: Sold 310,055 shares of our common stock for net proceeds of approximately $10.3 million under our "at-the-market" program (the "ATM Program").

•Increased and Paid Distributions: Increased the distribution run rate on our common stock (including OP Units held by non-controlling OP Unitholders) by a total of 0.22% and paid monthly cash distributions totaling $0.1359 per share of common stock during the three months ended March 31, 2022.

First Quarter 2022 Results:

Net income for the quarter was approximately $1.2 million, compared to approximately $2.0 million in the prior quarter. Net loss to common stockholders during the quarter was approximately $2.7 million, or $0.08 per share, compared to approximately $1.4 million, or $0.04 per share, in the prior quarter. AFFO was approximately $6.4 million for the current quarter, compared to $6.7 million in the prior quarter, while AFFO per common share was approximately $0.19 for the current quarter, compared to $0.20 for the prior quarter. Common stock dividends

declared were approximately $0.136 per share for both quarters. The decrease in AFFO was primarily driven by higher participation rents recorded during the prior quarter, partially offset by interest patronage recorded during the current quarter.

Total cash lease revenues decreased by approximately $2.7 million, primarily driven by approximately $3.4 million of participation rents recorded during the prior quarter (versus none in the current quarter), partially offset by a quarter-over-quarter increase in fixed base cash rents of approximately $707,000, or 3.8%, primarily due to additional rental receipts from recent acquisitions. Aggregate related-party fees decreased by approximately $409,000 from the prior quarter, primarily driven by a lower incentive fee earned by our investment adviser during the current quarter (due to our pre-incentive fee FFO surpassing the required hurdle rate by a lower margin than in the prior quarter), partially offset by a higher base management fee incurred during the curr

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EXHIBIT 99.1

Gladstone Land Announces

Fourth Quarter and Year Ended 2021 Results

Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision.

McLean, VA, February 22, 2022: Gladstone Land Corporation (Nasdaq: LAND) (“Gladstone Land” or the “Company”) today reported financial results for the fourth quarter and year ended December 31, 2021. A description of funds from operations (“FFO”), core FFO (“CFFO”), adjusted FFO (“AFFO”), and net asset value (“NAV”), all non-GAAP (generally accepted accounting principles in the United States) financial measures, appear at the end of this press release. All per-share references are to fully-diluted, weighted-average shares of the Company’s common stock, unless noted otherwise.  For further detail, please refer to the Company’s Annual Report on Form 10-K (the “Form 10-K”), which is available on the Investors section of the Company’s website at www.GladstoneLand.com.

Highlights for Fiscal Year 2021:

•Portfolio Activity:

◦Property Acquisitions: Acquired 27 new farms, consisting of 11,463 total acres in seven different states, and 45,000 acre-feet (equal to approximately 14.7 billion gallons) of banked water for approximately $294.5 million. On a weighted-average basis, these acquisitions will yield an initial, minimum net capitalization rate of 5.2%. However, all of the leases on these farms contain certain provisions (e.g., annual rent escalations, CPI adjustments, or participation rents) that are expected to drive cash rents higher in future years.

◦Leasing Activity—Lease Renewals: Executed 17 new lease agreements on certain of our farms in four different states (CA, CO, FL, and MI) that are expected to result in an aggregate increase in annual net operating income of approximately $369,000, or 5.9%, over that of the prior leases.

◦Lease Revenue—Participation Rents: Recorded approximately $5.2 million of revenue from participation rents, compared to approximately $2.4 million in the prior year.

•Debt Activity:

◦New Long-term Borrowings: Secured new long-term borrowings from seven different lenders resulting in total proceeds of approximately $67.8 million. On a weighted-average basis, these loans will bear interest at an expected effective interest rate of 3.05% and are fixed for the next 9.4 years.

◦Issuance of Series D Term Preferred Stock and Redemption of Series A Term Preferred Stock: Completed a public offering of 2,415,000 shares of 5.00% Series D Cumulative Term Preferred Stock (the “Series D Term Preferred Stock”) for total net proceeds of approximately $58.3 million. Approximately $28.8 million of these proceeds were used to redeem all of our then-outstanding shares of 6.375% Series A Cumulative Term Preferred Stock (the “Series A Term Preferred Stock”).

◦Interest Patronage: Recorded approximately $2.2 million of interest patronage, or refunded interest, related to our 2020 borrowings from various Farm Credit associations (collectively, “Farm Credit”). In addition, during the three months ended September 30, 2020, we recorded approximately $306,000 of 2020 interest patronage, as certain Farm Credit associations prepaid a portion of the 2020 interest patronage (which related to interest accrued during 2020 but is typically received in 2021). In total, we recorded approximately $2.5 million of 2020 interest patronage related to loans from Farm Credit, which resulted in a 28.7% reduction (approximately 135 basis points) to the stated interest rate on such borrowings.

•Equity Activity:

◦Series C Preferred Stock: Sold 2,407,027 shares of our 6.00% Series C Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) for net proceeds of approximately $54.8 million.

◦OP Units: Issued 204,778 common units of limited partnership interest in our operating partnership (“OP Units”) in connection with an acquisition during the year, constituting a total fair value of approximately $4.0 million.

◦Common Stock—ATM Program: Amended our “at-the-market” program (the “ATM Program”) to allow us to sell up to $160.0 million of additional shares of our common stock (expanding the aggregate offering price to up to $260.0 million) and sold 7,990,994 shares of our common stock for net proceeds of approximately $171.7 million under the ATM Program.

•Increased and Paid Distributions: Increased the distribution run rate on our common stock (including OP Units held by non-controlling OP Unitholders) by a total of 0.67% and paid monthly cash distributions totaling $0.54075 per share of common stock during the year ended December 31, 2021.

Fourth Quarter 2021 Results:

Net income for the quarter was approximately $2.0 million, compared to approximately $1.5 million in the prior quarter. Net loss to common stockholders during the quarter was approximately $1.4 million, or $0.04 per share, compare

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EXHIBIT 99.1

Gladstone Land Announces

Third Quarter 2021 Results

Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision.

McLean, VA, November 9, 2021: Gladstone Land Corporation (Nasdaq: LAND) (“Gladstone Land” or the “Company”) today reported financial results for the third quarter ended September 30, 2021. A description of funds from operations (“FFO”), core FFO (“CFFO”), adjusted FFO (“AFFO”), and net asset value (“NAV”), all non-GAAP (generally accepted accounting principles in the United States) financial measures, appear at the end of this press release. All per-share references are to fully-diluted, weighted-average shares of the Company’s common stock, unless noted otherwise.  For further detail, please refer to the Company’s Quarterly Report on Form 10-Q (the “Form 10-Q”), which is available on the Investors section of the Company’s website at www.GladstoneLand.com.

Third Quarter 2021 Activity:

•Portfolio Activity:

◦Property Acquisitions: Acquired five new farms, consisting of 1,516 total acres in three different states (CA, FL, and OR), and 5,000 acre-feet (equal to approximately 1.6 billion gallons) of banked water for approximately $62.3 million. On a weighted-average basis, these acquisitions will yield an initial, minimum net capitalization rate of 6.0%. However, all of the leases on these farms contain certain provisions (e.g., annual rent escalations, CPI adjustments, or participation rents) that are expected to drive cash rents higher in future years.

◦Leasing Activity—Lease Renewals: Executed six new lease agreements on certain of our farms in three different states (CA, MI, and FL) that are expected to result in an aggregate increase in annual net operating income of approximately $132,000, or 10.3%, over that of the prior leases.

•Debt Activity—New Long-term Borrowings: Secured a total of approximately $30.8 million of new, long-term borrowings from two different lenders. On a weighted-average basis, these loans will bear interest at an expected effective interest rate of 2.75% and are fixed for the next 10.0 years.

•Equity Activity:

◦Series C Preferred Stock: Sold 578,426 shares of our 6.00% Series C Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) for net proceeds of approximately $13.2 million.

◦Common Stock—ATM Program: Sold 1,565,925 shares of our common stock for net proceeds of approximately $36.7 million under our “at-the-market” program (the “ATM Program”).

•Increased and Paid Distributions: Increased the distribution run rate on our common stock (including OP Units held by non-controlling OP Unitholders) by a total of 0.22% and paid monthly cash distributions totaling $0.1353 per share of common stock during the quarter ended September 30, 2021.

Third Quarter 2021 Results:

Net income for the quarter was approximately $1.5 million, compared to a net loss of approximately $531,000 in the prior quarter. Net loss to common stockholders during the quarter was approximately $1.6 million, or $0.05 per share, compared to approximately $3.5 million, or $0.12 per share, in the prior quarter.

AFFO was approximately $5.3 million for the current quarter, an increase of approximately $1.5 million, or 40.9%, from the prior quarter, while AFFO per common share increased to approximately $0.17 for the current quarter, compared to $0.13 for the prior quarter. Common stock dividends declared were approximately $0.135 per share for each quarter. The increase in AFFO was primarily driven by higher lease revenues recorded during the current quarter, partially offset by an increase in certain related-party fees. AFFO per common share for the current quarter was further impacted by an increase in the amount of shares of common stock outstanding as a result of additional shares issued under our ATM Program during the quarter, the proceeds of which have not yet been fully invested.

Total cash lease revenues increased by approximately $2.8 million, or 16.9%, primarily driven by participation rents recorded during the current quarter of approximately $1.8 million, versus approximately $19,000 in the prior quarter. Fixed base cash rents increased quarter-over-quarter by approximately $989,000, or 6.1%, primarily due to additional rental receipts from recent acquisitions. Aggregate related-party fees increased by approximately $1.4 million from the prior quarter, primarily driven by an incentive fee earned by our investment adviser in the current quarter (due to our pre-incentive fee FFO surpassing the required hurdle rate), versus no fee earned during the prior quarter, and an increase in base management fee earned by our investment adviser due to an increase in the annual rate effective July 1, 2021. Excluding related-party fees, our recurring core operating expenses decreased by approximately $2

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EXHIBIT 99.1

Gladstone Land Announces

Second Quarter 2021 Results

Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision.

McLean, VA, August 10, 2021: Gladstone Land Corporation (Nasdaq: LAND) (“Gladstone Land” or the “Company”) today reported financial results for the second quarter ended June 30, 2021. A description of funds from operations (“FFO”), core FFO (“CFFO”), adjusted FFO (“AFFO”), and net asset value (“NAV”), all non-GAAP (generally accepted accounting principles in the United States) financial measures, appear at the end of this press release. All per-share references are to fully-diluted, weighted-average shares of the Company’s common stock, unless noted otherwise.  For further detail, please refer to the Company’s Quarterly Report on Form 10-Q (the “Form 10-Q”), which is available on the Investors section of the Company’s website at www.GladstoneLand.com.

Second Quarter 2021 Activity:

•Portfolio Activity:

◦Property Acquisitions: Acquired 13 new farms, consisting of 3,970 total acres, and 20,330 acre-feet of banked water for approximately $79.7 million. These farms were located across three different states, including one new state. On a weighted-average basis, these farms were acquired at an initial, minimum net capitalization rate of 5.1%. However, all of the leases on these farms contain certain provisions (e.g., annual rent escalations, CPI adjustments, or participation rents) that are expected to drive cash rents higher in future years.

◦Leasing Activity—Lease Renewals: Executed two new lease agreements on certain of our farms in two different states (MI and FL) that are expected to result in an aggregate increase in annual net operating income of approximately $57,000, or 14.9%, over that of the prior leases.

•Equity Activity:

◦Series C Preferred Stock: Sold 404,049 shares of our 6.00% Series C Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) for net proceeds of approximately $9.2 million.

◦Common Stock—ATM Program: Amended our "at-the-market" program (the “ATM Program”) to allow us to sell up to $160.0 million of additional shares of our common stock (expanding the aggregate offering price to up to $260.0 million) and sold 2,946,113 shares of our common stock for net proceeds of approximately $63.2 million under the ATM Program.

•Increased and Paid Distributions: Increased the distribution run rate on our common stock (including OP Units held by non-controlling OP Unitholders) by a total of 0.11% and paid monthly cash distributions totaling $0.135 per share of common stock during the quarter ended June 30, 2021.

Second Quarter 2021 Results:

Net loss for the quarter was approximately $531,000, compared to net income of approximately $554,000 in the prior quarter. Net loss to common stockholders during the quarter was approximately $3.5 million, or $0.12 per share, compared to approximately $2.2 million, or $0.08 per share, in the prior quarter.

AFFO was approximately $3.7 million for the current quarter, compared to approximately $4.7 million for the prior quarter, while AFFO per common share was approximately $0.13 for the current quarter, compared to $0.17 for the prior quarter. Common stock dividends declared were approximately $0.135 per share for each quarter.

The decrease in AFFO was primarily driven by $2.2 million of interest patronage received during the prior quarter related to our borrowings with Farm Credit, coupled with higher property-operating expenses incurred during the current quarter. This decrease was partially offset by higher lease revenues recorded during the current quarter as a result of recent acquisitions and a decrease in related-party fees. AFFO per common share for the current quarter

was further impacted by an increase in the amount of shares of common stock outstanding as a result of additional shares issued under our ATM Program during the quarter, the proceeds of which have not yet been fully invested.

Total cash lease revenues increased by approximately $826,000, or 5.3%, primarily due to additional fixed base cash rents earned during the current quarter from recent acquisitions. Aggregate related-party fees decreased by approximately $1.2 million from the prior quarter, primarily driven by an incentive fee earned by our investment advisor in the prior quarter, versus no fee earned during the current quarter. Excluding related-party fees, our recurring core operating expenses increased by approximately $539,000 from the prior quarter. Property-operating expenses increased primarily due to additional water costs incurred on one property in Colorado. We currently anticipate incurring similar water usage costs on this particular farm throughout the remainder of 2021 but do not currently expect such elevated costs to continue beyond 2021. Genera