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Side-by-side financial comparison of Farmland Partners Inc. (FPI) and Perfect Moment Ltd. (PMNT). Click either name above to swap in a different company.

Farmland Partners Inc. is the larger business by last-quarter revenue ($20.7M vs $11.7M, roughly 1.8× Perfect Moment Ltd.). Farmland Partners Inc. runs the higher net margin — 103.4% vs 0.8%, a 102.6% gap on every dollar of revenue. On growth, Perfect Moment Ltd. posted the faster year-over-year revenue change (0.8% vs -3.5%).

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.

Perfect Moment Ltd is a premium lifestyle and outdoor apparel brand specializing in high-performance, fashionable winter sports gear including ski wear, activewear, and supporting accessories. It serves luxury outdoor and winter sports consumer groups, with sales networks covering core markets in North America, Europe, and the Asia Pacific region.

FPI vs PMNT — Head-to-Head

Bigger by revenue
FPI
FPI
1.8× larger
FPI
$20.7M
$11.7M
PMNT
Growing faster (revenue YoY)
PMNT
PMNT
+4.3% gap
PMNT
0.8%
-3.5%
FPI
Higher net margin
FPI
FPI
102.6% more per $
FPI
103.4%
0.8%
PMNT

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
FPI
FPI
PMNT
PMNT
Revenue
$20.7M
$11.7M
Net Profit
$21.4M
$93.0K
Gross Margin
64.4%
Operating Margin
5.0%
Net Margin
103.4%
0.8%
Revenue YoY
-3.5%
0.8%
Net Profit YoY
-63.5%
103.7%
EPS (diluted)
$0.44
$0.00

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
PMNT
PMNT
Q4 25
$20.7M
$11.7M
Q3 25
$11.3M
$4.8M
Q2 25
$10.0M
$1.5M
Q1 25
$10.3M
$5.0M
Q4 24
$21.5M
$11.7M
Q3 24
$13.3M
$3.8M
Q2 24
$11.4M
Q1 24
$12.0M
Net Profit
FPI
FPI
PMNT
PMNT
Q4 25
$21.4M
$93.0K
Q3 25
$483.0K
$-1.8M
Q2 25
$7.6M
$-3.8M
Q1 25
$2.0M
$-7.3M
Q4 24
$58.7M
$-2.5M
Q3 24
$1.8M
$-2.7M
Q2 24
$-2.0M
Q1 24
$1.4M
Gross Margin
FPI
FPI
PMNT
PMNT
Q4 25
64.4%
Q3 25
60.1%
Q2 25
60.4%
Q1 25
32.0%
Q4 24
54.8%
Q3 24
54.0%
Q2 24
Q1 24
Operating Margin
FPI
FPI
PMNT
PMNT
Q4 25
5.0%
Q3 25
4.3%
-23.9%
Q2 25
78.2%
-207.5%
Q1 25
20.6%
-130.1%
Q4 24
-11.1%
Q3 24
13.9%
-66.7%
Q2 24
-17.9%
Q1 24
11.9%
Net Margin
FPI
FPI
PMNT
PMNT
Q4 25
103.4%
0.8%
Q3 25
4.3%
-38.6%
Q2 25
76.3%
-259.4%
Q1 25
19.9%
-145.5%
Q4 24
273.6%
-21.3%
Q3 24
13.5%
-71.6%
Q2 24
-17.5%
Q1 24
11.5%
EPS (diluted)
FPI
FPI
PMNT
PMNT
Q4 25
$0.44
$0.00
Q3 25
$0.00
$-0.06
Q2 25
$0.14
$-0.21
Q1 25
$0.03
$-0.45
Q4 24
$1.09
$-0.15
Q3 24
$0.02
$-0.17
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
PMNT
PMNT
Cash + ST InvestmentsLiquidity on hand
$1.6M
Total DebtLower is stronger
$161.6M
Stockholders' EquityBook value
$467.4M
$1.1M
Total Assets
$719.1M
$13.8M
Debt / EquityLower = less leverage
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FPI
FPI
PMNT
PMNT
Q4 25
$1.6M
Q3 25
$393.0K
Q2 25
$3.0M
Q1 25
$6.2M
Q4 24
$2.8M
Q3 24
$725.0K
Q2 24
Q1 24
Total Debt
FPI
FPI
PMNT
PMNT
Q4 25
$161.6M
Q3 25
$170.4M
Q2 25
$193.4M
Q1 25
$202.6M
Q4 24
$204.6M
$1.9M
Q3 24
$394.0M
$1.8M
Q2 24
$393.0M
Q1 24
$383.0M
Stockholders' Equity
FPI
FPI
PMNT
PMNT
Q4 25
$467.4M
$1.1M
Q3 25
$457.3M
$981.0K
Q2 25
$473.5M
$987.0K
Q1 25
$492.2M
$1.9M
Q4 24
$494.6M
$907.0K
Q3 24
$519.4M
$2.7M
Q2 24
$521.5M
Q1 24
$526.7M
Total Assets
FPI
FPI
PMNT
PMNT
Q4 25
$719.1M
$13.8M
Q3 25
$738.5M
$15.0M
Q2 25
$776.7M
$8.3M
Q1 25
$810.5M
$13.3M
Q4 24
$869.6M
$13.2M
Q3 24
$1.0B
$13.3M
Q2 24
$1.0B
Q1 24
$1.0B
Debt / Equity
FPI
FPI
PMNT
PMNT
Q4 25
0.35×
Q3 25
0.37×
Q2 25
0.41×
Q1 25
0.41×
Q4 24
0.41×
2.11×
Q3 24
0.76×
0.67×
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
PMNT
PMNT
Operating Cash FlowLast quarter
$17.4M
$2.3M
Free Cash FlowOCF − Capex
$2.2M
FCF MarginFCF / Revenue
19.1%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
0.81×
24.26×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FPI
FPI
PMNT
PMNT
Q4 25
$17.4M
$2.3M
Q3 25
$-2.0M
$-7.2M
Q2 25
$-2.2M
$-3.9M
Q1 25
$6.4M
$-1.1M
Q4 24
$16.1M
$-1.0M
Q3 24
$-4.3M
$-3.9M
Q2 24
$-6.1M
Q1 24
$11.9M
Free Cash Flow
FPI
FPI
PMNT
PMNT
Q4 25
$2.2M
Q3 25
Q2 25
Q1 25
$-1.1M
Q4 24
$-1.2M
Q3 24
$-3.9M
Q2 24
Q1 24
FCF Margin
FPI
FPI
PMNT
PMNT
Q4 25
19.1%
Q3 25
Q2 25
Q1 25
-21.8%
Q4 24
-10.6%
Q3 24
-101.5%
Q2 24
Q1 24
Capex Intensity
FPI
FPI
PMNT
PMNT
Q4 25
0.3%
Q3 25
Q2 25
Q1 25
0.3%
Q4 24
1.6%
Q3 24
1.0%
Q2 24
Q1 24
Cash Conversion
FPI
FPI
PMNT
PMNT
Q4 25
0.81×
24.26×
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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