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Side-by-side financial comparison of Farmland Partners Inc. (FPI) and KESTRA MEDICAL TECHNOLOGIES, LTD. (KMTS). Click either name above to swap in a different company.

KESTRA MEDICAL TECHNOLOGIES, LTD. is the larger business by last-quarter revenue ($22.6M vs $20.7M, roughly 1.1× Farmland Partners Inc.). Farmland Partners Inc. runs the higher net margin — 103.4% vs -145.3%, a 248.7% gap on every dollar of revenue.

Farmland Industries was the largest agricultural cooperative in North America when it eventually sold all of its assets in 2002–04. During its 74-year history, Farmland served its farmer membership as a diversified, integrated organization, playing a significant role in agricultural markets both domestically and worldwide.

Kestra Medical Technologies, Ltd. is a medical device firm that develops, manufactures and commercializes innovative minimally invasive therapeutic solutions, mainly for interventional cardiology and structural heart disease treatment. It operates across North America, Europe and key Asia-Pacific markets, serving global healthcare providers and patients.

FPI vs KMTS — Head-to-Head

Bigger by revenue
KMTS
KMTS
1.1× larger
KMTS
$22.6M
$20.7M
FPI
Higher net margin
FPI
FPI
248.7% more per $
FPI
103.4%
-145.3%
KMTS

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
FPI
FPI
KMTS
KMTS
Revenue
$20.7M
$22.6M
Net Profit
$21.4M
$-32.8M
Gross Margin
50.6%
Operating Margin
-140.7%
Net Margin
103.4%
-145.3%
Revenue YoY
-3.5%
Net Profit YoY
-63.5%
EPS (diluted)
$0.44
$-0.64

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FPI
FPI
KMTS
KMTS
Q4 25
$20.7M
$22.6M
Q3 25
$11.3M
$19.4M
Q2 25
$10.0M
Q1 25
$10.3M
Q4 24
$21.5M
Q3 24
$13.3M
Q2 24
$11.4M
Q1 24
$12.0M
Net Profit
FPI
FPI
KMTS
KMTS
Q4 25
$21.4M
$-32.8M
Q3 25
$483.0K
$-25.8M
Q2 25
$7.6M
Q1 25
$2.0M
Q4 24
$58.7M
Q3 24
$1.8M
Q2 24
$-2.0M
Q1 24
$1.4M
Gross Margin
FPI
FPI
KMTS
KMTS
Q4 25
50.6%
Q3 25
45.7%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
FPI
FPI
KMTS
KMTS
Q4 25
-140.7%
Q3 25
4.3%
-149.1%
Q2 25
78.2%
Q1 25
20.6%
Q4 24
Q3 24
13.9%
Q2 24
-17.9%
Q1 24
11.9%
Net Margin
FPI
FPI
KMTS
KMTS
Q4 25
103.4%
-145.3%
Q3 25
4.3%
-133.3%
Q2 25
76.3%
Q1 25
19.9%
Q4 24
273.6%
Q3 24
13.5%
Q2 24
-17.5%
Q1 24
11.5%
EPS (diluted)
FPI
FPI
KMTS
KMTS
Q4 25
$0.44
$-0.64
Q3 25
$0.00
$-0.50
Q2 25
$0.14
Q1 25
$0.03
Q4 24
$1.09
Q3 24
$0.02
Q2 24
$-0.06
Q1 24
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FPI
FPI
KMTS
KMTS
Cash + ST InvestmentsLiquidity on hand
$175.4M
Total DebtLower is stronger
$161.6M
Stockholders' EquityBook value
$467.4M
$164.1M
Total Assets
$719.1M
$246.7M
Debt / EquityLower = less leverage
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FPI
FPI
KMTS
KMTS
Q4 25
$175.4M
Q3 25
$201.2M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Total Debt
FPI
FPI
KMTS
KMTS
Q4 25
$161.6M
Q3 25
$170.4M
Q2 25
$193.4M
Q1 25
$202.6M
Q4 24
$204.6M
Q3 24
$394.0M
Q2 24
$393.0M
Q1 24
$383.0M
Stockholders' Equity
FPI
FPI
KMTS
KMTS
Q4 25
$467.4M
$164.1M
Q3 25
$457.3M
$184.2M
Q2 25
$473.5M
Q1 25
$492.2M
Q4 24
$494.6M
Q3 24
$519.4M
Q2 24
$521.5M
Q1 24
$526.7M
Total Assets
FPI
FPI
KMTS
KMTS
Q4 25
$719.1M
$246.7M
Q3 25
$738.5M
$266.3M
Q2 25
$776.7M
Q1 25
$810.5M
Q4 24
$869.6M
Q3 24
$1.0B
Q2 24
$1.0B
Q1 24
$1.0B
Debt / Equity
FPI
FPI
KMTS
KMTS
Q4 25
0.35×
Q3 25
0.37×
Q2 25
0.41×
Q1 25
0.41×
Q4 24
0.41×
Q3 24
0.76×
Q2 24
0.75×
Q1 24
0.73×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FPI
FPI
KMTS
KMTS
Operating Cash FlowLast quarter
$17.4M
$-18.3M
Free Cash FlowOCF − Capex
$-25.6M
FCF MarginFCF / Revenue
-113.5%
Capex IntensityCapex / Revenue
32.2%
Cash ConversionOCF / Net Profit
0.81×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FPI
FPI
KMTS
KMTS
Q4 25
$17.4M
$-18.3M
Q3 25
$-2.0M
$-26.3M
Q2 25
$-2.2M
Q1 25
$6.4M
Q4 24
$16.1M
Q3 24
$-4.3M
Q2 24
$-6.1M
Q1 24
$11.9M
Free Cash Flow
FPI
FPI
KMTS
KMTS
Q4 25
$-25.6M
Q3 25
$-34.4M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
FPI
FPI
KMTS
KMTS
Q4 25
-113.5%
Q3 25
-177.8%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
FPI
FPI
KMTS
KMTS
Q4 25
32.2%
Q3 25
42.2%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
FPI
FPI
KMTS
KMTS
Q4 25
0.81×
Q3 25
-4.04×
Q2 25
-0.29×
Q1 25
3.12×
Q4 24
0.27×
Q3 24
-2.39×
Q2 24
Q1 24
8.66×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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