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Side-by-side financial comparison of Farmland Partners Inc. (FPI) and Stabilis Solutions, Inc. (SLNG). Click either name above to swap in a different company.

Farmland Partners Inc. is the larger business by last-quarter revenue ($20.7M vs $13.3M, roughly 1.6× Stabilis Solutions, Inc.). Farmland Partners Inc. runs the higher net margin — 103.4% vs -2.0%, a 105.4% gap on every dollar of revenue. On growth, Farmland Partners Inc. posted the faster year-over-year revenue change (-3.5% vs -23.3%). Over the past eight quarters, Farmland Partners Inc.'s revenue compounded faster (31.4% CAGR vs -18.1%).

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.

Stabilis Solutions, Inc. is a leading North American small-scale liquefied natural gas (LNG) producer and distributor. It supplies LNG fuel, cryogenic services, and full-cycle energy solutions to industrial, remote power, transportation, and commercial clients across the United States and Canada, advancing low-emission energy transition efforts.

FPI vs SLNG — Head-to-Head

Bigger by revenue
FPI
FPI
1.6× larger
FPI
$20.7M
$13.3M
SLNG
Growing faster (revenue YoY)
FPI
FPI
+19.7% gap
FPI
-3.5%
-23.3%
SLNG
Higher net margin
FPI
FPI
105.4% more per $
FPI
103.4%
-2.0%
SLNG
Faster 2-yr revenue CAGR
FPI
FPI
Annualised
FPI
31.4%
-18.1%
SLNG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FPI
FPI
SLNG
SLNG
Revenue
$20.7M
$13.3M
Net Profit
$21.4M
$-262.0K
Gross Margin
24.7%
Operating Margin
-2.4%
Net Margin
103.4%
-2.0%
Revenue YoY
-3.5%
-23.3%
Net Profit YoY
-63.5%
-112.4%
EPS (diluted)
$0.44

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
SLNG
SLNG
Q4 25
$20.7M
$13.3M
Q3 25
$11.3M
$20.3M
Q2 25
$10.0M
$17.3M
Q1 25
$10.3M
$17.3M
Q4 24
$21.5M
$17.3M
Q3 24
$13.3M
$17.6M
Q2 24
$11.4M
$18.6M
Q1 24
$12.0M
$19.8M
Net Profit
FPI
FPI
SLNG
SLNG
Q4 25
$21.4M
$-262.0K
Q3 25
$483.0K
$1.1M
Q2 25
$7.6M
$-613.0K
Q1 25
$2.0M
$-1.6M
Q4 24
$58.7M
$2.1M
Q3 24
$1.8M
$997.0K
Q2 24
$-2.0M
$27.0K
Q1 24
$1.4M
$1.5M
Gross Margin
FPI
FPI
SLNG
SLNG
Q4 25
24.7%
Q3 25
27.6%
Q2 25
26.5%
Q1 25
26.2%
Q4 24
28.5%
Q3 24
28.3%
Q2 24
27.1%
Q1 24
31.6%
Operating Margin
FPI
FPI
SLNG
SLNG
Q4 25
-2.4%
Q3 25
4.3%
5.5%
Q2 25
78.2%
-2.4%
Q1 25
20.6%
-9.7%
Q4 24
12.8%
Q3 24
13.9%
5.0%
Q2 24
-17.9%
2.4%
Q1 24
11.9%
7.8%
Net Margin
FPI
FPI
SLNG
SLNG
Q4 25
103.4%
-2.0%
Q3 25
4.3%
5.5%
Q2 25
76.3%
-3.5%
Q1 25
19.9%
-9.2%
Q4 24
273.6%
12.2%
Q3 24
13.5%
5.7%
Q2 24
-17.5%
0.1%
Q1 24
11.5%
7.4%
EPS (diluted)
FPI
FPI
SLNG
SLNG
Q4 25
$0.44
Q3 25
$0.00
$0.06
Q2 25
$0.14
$-0.03
Q1 25
$0.03
$-0.09
Q4 24
$1.09
$0.12
Q3 24
$0.02
$0.05
Q2 24
$-0.06
$0.00
Q1 24
$0.01
$0.08

Balance Sheet & Financial Strength

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

Metric
FPI
FPI
SLNG
SLNG
Cash + ST InvestmentsLiquidity on hand
$7.5M
Total DebtLower is stronger
$161.6M
$7.9M
Stockholders' EquityBook value
$467.4M
$66.7M
Total Assets
$719.1M
$83.1M
Debt / EquityLower = less leverage
0.35×
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FPI
FPI
SLNG
SLNG
Q4 25
$7.5M
Q3 25
$10.3M
Q2 25
$12.2M
Q1 25
$9.0M
Q4 24
$9.0M
Q3 24
$12.4M
Q2 24
$11.5M
Q1 24
$8.3M
Total Debt
FPI
FPI
SLNG
SLNG
Q4 25
$161.6M
$7.9M
Q3 25
$170.4M
$8.3M
Q2 25
$193.4M
$7.6M
Q1 25
$202.6M
$8.3M
Q4 24
$204.6M
$8.9M
Q3 24
$394.0M
$9.3M
Q2 24
$393.0M
$8.6M
Q1 24
$383.0M
$9.1M
Stockholders' Equity
FPI
FPI
SLNG
SLNG
Q4 25
$467.4M
$66.7M
Q3 25
$457.3M
$66.7M
Q2 25
$473.5M
$65.5M
Q1 25
$492.2M
$65.9M
Q4 24
$494.6M
$67.0M
Q3 24
$519.4M
$65.4M
Q2 24
$521.5M
$63.7M
Q1 24
$526.7M
$63.2M
Total Assets
FPI
FPI
SLNG
SLNG
Q4 25
$719.1M
$83.1M
Q3 25
$738.5M
$87.1M
Q2 25
$776.7M
$83.2M
Q1 25
$810.5M
$83.1M
Q4 24
$869.6M
$85.6M
Q3 24
$1.0B
$89.3M
Q2 24
$1.0B
$82.6M
Q1 24
$1.0B
$80.6M
Debt / Equity
FPI
FPI
SLNG
SLNG
Q4 25
0.35×
0.12×
Q3 25
0.37×
0.12×
Q2 25
0.41×
0.12×
Q1 25
0.41×
0.13×
Q4 24
0.41×
0.13×
Q3 24
0.76×
0.14×
Q2 24
0.75×
0.13×
Q1 24
0.73×
0.14×

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
SLNG
SLNG
Operating Cash FlowLast quarter
$17.4M
$669.0K
Free Cash FlowOCF − Capex
$-2.5M
FCF MarginFCF / Revenue
-18.6%
Capex IntensityCapex / Revenue
23.7%
Cash ConversionOCF / Net Profit
0.81×
TTM Free Cash FlowTrailing 4 quarters
$462.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FPI
FPI
SLNG
SLNG
Q4 25
$17.4M
$669.0K
Q3 25
$-2.0M
$2.4M
Q2 25
$-2.2M
$4.5M
Q1 25
$6.4M
$1.0M
Q4 24
$16.1M
$2.2M
Q3 24
$-4.3M
$2.6M
Q2 24
$-6.1M
$5.0M
Q1 24
$11.9M
$3.9M
Free Cash Flow
FPI
FPI
SLNG
SLNG
Q4 25
$-2.5M
Q3 25
$-1.5M
Q2 25
$3.9M
Q1 25
$538.0K
Q4 24
$-3.4M
Q3 24
$1.2M
Q2 24
$3.7M
Q1 24
$3.1M
FCF Margin
FPI
FPI
SLNG
SLNG
Q4 25
-18.6%
Q3 25
-7.3%
Q2 25
22.4%
Q1 25
3.1%
Q4 24
-19.7%
Q3 24
7.1%
Q2 24
19.7%
Q1 24
15.5%
Capex Intensity
FPI
FPI
SLNG
SLNG
Q4 25
23.7%
Q3 25
19.1%
Q2 25
3.7%
Q1 25
2.8%
Q4 24
32.3%
Q3 24
7.4%
Q2 24
7.4%
Q1 24
4.4%
Cash Conversion
FPI
FPI
SLNG
SLNG
Q4 25
0.81×
Q3 25
-4.04×
2.14×
Q2 25
-0.29×
Q1 25
3.12×
Q4 24
0.27×
1.03×
Q3 24
-2.39×
2.56×
Q2 24
186.59×
Q1 24
8.66×
2.67×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FPI
FPI

Segment breakdown not available.

SLNG
SLNG

Natural Gas Gathering Transportation Marketing And Processing$11.1M84%
Other$1.3M10%
Services$897.0K7%

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