GLADSTONE COMMERCIAL CORPGOODEarnings & Financial Report
Gladstone Commercial Corp is a publicly traded US real estate investment trust focused on acquiring, owning, and operating diversified industrial and commercial properties. It offers long-term net lease agreements to tenants across manufacturing, logistics, healthcare and professional services sectors, mainly serving small to mid-sized business clients.
Revenue
$37.1M
Gross Profit
N/A
Operating Profit
N/A
Net Profit
$1.6M
Gross Margin
N/A
Operating Margin
N/A
Net Margin
4.3%
YoY Growth
-4.1%
EPS
$-0.04
GLADSTONE COMMERCIAL CORP Q2 FY2024 Financial Summary
GLADSTONE COMMERCIAL CORP reported revenue of $37.1M (down 4.1% YoY) for Q2 FY2024, with a net profit of $1.6M (up 135.7% YoY) (4.3% margin).
Key Financial Metrics
| Total Revenue | $37.1M |
|---|---|
| Net Profit | $1.6M |
| Gross Margin | N/A |
| Operating Margin | N/A |
| Report Period | Q2 FY2024 |
GLADSTONE COMMERCIAL CORP Annual Revenue by Year
GLADSTONE COMMERCIAL CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $161.3M).
| Year | Annual Revenue |
|---|---|
| 2025 | $161.3M |
| 2024 | $149.4M |
| 2023 | $147.6M |
| 2022 | $149.0M |
GLADSTONE COMMERCIAL CORP Quarterly Revenue & Net Profit History
GLADSTONE COMMERCIAL CORP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $41.9M | -3.6% | $7.0M | 16.6% |
| Q4 FY2025 | $43.5M | +16.3% | $5.4M | 12.4% |
| Q3 FY2025 | $40.8M | +4.1% | $4.1M | 10.1% |
| Q2 FY2025 | $39.5M | +6.7% | $4.6M | 11.7% |
| Q1 FY2025 | $37.5M | +5.0% | $5.1M | 13.7% |
| Q4 FY2024 | $37.4M | +4.1% | $7.2M | 19.2% |
| Q3 FY2024 | $39.2M | +7.6% | $11.7M | 29.8% |
| Q2 FY2024 | $37.1M | -4.1% | $1.6M | 4.3% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $37.1M | $39.2M | $37.4M | $37.5M | $39.5M | $40.8M | $43.5M | $41.9M |
| YoY Growth | -4.1% | 7.6% | 4.1% | 5.0% | 6.7% | 4.1% | 16.3% | -3.6% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.11B | $1.10B | $1.09B | $1.16B | $1.21B | $1.27B | $1.25B | $1.23B |
| Liabilities | $789.7M | $757.2M | $753.0M | $807.0M | $862.6M | $910.0M | $905.0M | N/A |
| Equity | $145.7M | $168.9M | $171.2M | $183.2M | $177.2M | $184.8M | $171.8M | N/A |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $13.6M | $5.5M | $57.0M | $17.7M | $35.8M | $18.9M | $88.2M |