Gladstone Commercial Earnings Reports

Gladstone Commercial Corporation reported a slight increase in total operating revenue for Q3 2025, reaching $40.841 million, up 3.3% from the previous quarter. However, net income decreased by 10.7% to $4.137 million. Core FFO per share remained stable at $0.35.

Gladstone Commercial Corporation reported a solid second quarter with total operating revenue reaching $39.533 million, a 5.4% increase from the previous quarter. Core FFO also saw a healthy rise to $16.114 million, or $0.35 per share, driven by recent acquisitions. However, net income decreased by 9.8% to $4.634 million, primarily due to higher interest expenses and general and administrative costs.

Gladstone Commercial reported a decrease in net income and Core FFO available to common stockholders and Non-controlling OP Unitholders for the first quarter of 2025 compared to the previous quarter. The decrease in Core FFO was primarily due to a higher net incentive fee. The company continued its capital recycling program by acquiring and selling properties and maintained strong rent collection.

Gladstone Commercial Corporation reported a net income of $7.193 million for Q4 2024, a decrease of 38.6% from the previous quarter. Total operating revenue was $37.375 million, a 4.7% decrease quarter-over-quarter. Funds from operations (FFO) available to common stockholders and Non-controlling OP Unitholders (diluted) decreased by 5.6% to $15.286 million.

Gladstone Commercial Corporation reported increased total operating revenue and net income for the third quarter ended September 30, 2024. Total operating revenue increased by 5.9% to $39.235 million, and net income increased significantly to $11.721 million. Core FFO available to common shareholders was $16.3 million, or $0.38 per share.

Gladstone Commercial Corporation reported its financial results for the second quarter ended June 30, 2024. The company saw an increase in total operating revenue and core FFO. However, the company experienced a net loss attributable to common stockholders.

Gladstone Commercial Corporation reported a decrease in net income available to common stockholders and Non-controlling OP Unitholders to $0.3 million, or $0.01 per share, for the quarter ended March 31, 2024, compared to $1.3 million, or $0.03 per share, for the quarter ended December 31, 2023. Core FFO also decreased to $13.9 million, or $0.34 per share, primarily due to the elimination of an incentive fee and higher property expenses. The company maintained 100% rent collection and sold three non-core properties.

Gladstone Commercial Corporation reported a net income of $4.551 million for the fourth quarter of 2023, a significant increase compared to the previous quarter. FFO and Core FFO also increased, driven by decreased property operating expenses and successful real estate tax appeals. The company continues its capital recycling strategy, selling non-core assets and reinvesting in target growth markets.

Gladstone Commercial Corporation reported a net income of $1.792 million for the third quarter of 2023, a significant improvement compared to the net loss of $4.588 million in the previous quarter. Core FFO, however, decreased by 17.3% to $13.7 million, or $0.34 per share, primarily due to accelerated rent from a lease termination in the previous quarter and higher interest expenses.

Gladstone Commercial Corporation reported a net loss of $4.588 million for the second quarter of 2023, with total operating revenue of $38.658 million. Core FFO available to common shareholders was $16.6 million, or $0.41 per share.

Gladstone Commercial Corporation reported financial results for the first quarter ended March 31, 2023. Core FFO available to common shareholders was $15.0 million, or $0.37 per share. Net loss attributable to common stockholders was $0.7 million, or $0.02 per share.

Gladstone Commercial Corporation reported its Q4 2022 financial results, with a total operating revenue of $37.217 million and a net income of $1.812 million. FFO available to common shareholders was $13.7 million, or $0.34 per share. Core FFO available to common shareholders was also $13.7 million, or $0.34 per share.

Gladstone Commercial Corporation reported an increase in total operating revenue and net income for the third quarter of 2022. The company also strategically acquired and sold properties, amended its credit facility, and maintained consistent rent collection.

Gladstone Commercial Corporation reported consistent performance with stabilized revenues, driven by same-store property occupancy, rent collection, and accretive real estate investments. Core FFO available to common shareholders was $15.3 million, or $0.39 per share. Net loss attributable to common stockholders was $1.5 million, or $0.04 per share.

Gladstone Commercial Corporation reported a net income of $3.391 million for the first quarter ended March 31, 2022, compared to $3.076 million for the previous quarter. Core FFO available to common shareholders was $15.3 million, or $0.40 per share, a 1.3% increase from the previous quarter.

Gladstone Commercial Corporation reported consistent performance and stabilized revenues due to same store property occupancy, rent collection and growth, accretive real estate investments, tenant renewals, and deleveraging and capital recycling programs.

Gladstone Commercial Corporation reported a net income of $4.5 million for the third quarter of 2021, a significant increase compared to the $2.1 million net income in the previous quarter. Total operating revenue also increased by 2.9% to $34.3 million. Core FFO available to common stockholders was $14.7 million, up 8.0% from the previous quarter.

Gladstone Commercial Corporation reported consistent performance with stabilized revenues, full rent collection, and strategic real estate investments, while successfully exiting non-core assets and redeploying capital into target growth markets.

Gladstone Commercial Corporation reported a net loss attributable to common stockholders of $3.0 million, or $0.08 per share. Core FFO available to common shareholders was $15.4 million, a 14.8% increase compared to the previous quarter, equating to $0.42 per share.

Gladstone Commercial Corporation reported a net income of $8.9 million for Q4 2020, a significant increase from the previous quarter. The company focused on strategic acquisitions and capital recycling, maintaining a high rent collection rate despite economic challenges.

Gladstone Commercial Corporation reported consistent performance and stabilized revenues for the third quarter ended September 30, 2020. The company collected 99% of cash rents, acquired an industrial facility, sold a property, and renewed leases.

Gladstone Commercial Corporation reported a decrease in net income but an increase in core FFO for the second quarter of 2020. The company collected 98% of cash rents and continued its capital recycling program.

Gladstone Commercial Corporation reported an increase in total operating revenue to $33.619 million and a net income of $2.258 million for the first quarter ended March 31, 2020. Core FFO available to common shareholders was $13.8 million, or $0.40 per share.

Gladstone Commercial Corporation reported total operating revenue of $29.39 million and net income of $0.47 million for Q4 2019. Core FFO available to common stockholders was $13.21 million, a 4.4% increase compared to the previous quarter.