Gladstone Commercial Corporation GOOD
Gladstone Commercial is a real estate investment trust focused on acquiring, owning and operating net leased industrial and office properties across the United States. As of March 31, 2026, Gladstone Commercial's real estate portfolio consisted of 151 properties located in 27 states, totaling approximately 17.7 million square feet. Gladstone Commercial Corporation was established on February 14, 2003 and incorporated in Maryland and is based in McLean, Virginia.
Business overview written from the company's own Form 10-K (Item 1), filed 2026-02-18 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K
Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.
Snapshot
Reported FFO / Core FFO / leverage are from the Q1 2026 earnings release (filed 2026-05-05) — 8-K, EX-99.1 ✓ Verified to filing.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
$10,000 invested
Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.
Model GOOD yourself — any amount, shares, per-payment & a multi-year DRIP projection →
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $161.34M | $19.29M | $58.24M | $119.44M | $88.15M |
| 2024 | $149.39M | $24.00M | $55.79M | $117.23M | $56.95M |
| 2023 | $147.58M | $4.99M | $57.88M | $100.14M | $60.37M |
| 2022 | $148.98M | $10.80M | $60.18M | $103.42M | $69.18M |
| 2021 | $137.69M | $10.94M | $59.19M | $96.97M | $70.13M |
| 2020 | $133.15M | $14.94M | $55.48M | $97.26M | $65.49M |
Dividends
Recent regular dividends per share (special distributions excluded), oldest → newest.
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-09-21 | 2026-09-21 | 2026-09-30 | 2026-07-14 | $0.10 | Monthly |
| 2026-08-18 | 2026-08-18 | 2026-08-31 | 2026-07-14 | $0.10 | Monthly |
| 2026-07-24 | 2026-07-24 | 2026-07-31 | 2026-07-14 | $0.10 | Monthly |
| 2026-06-23 | 2026-06-23 | 2026-06-30 | 2026-04-14 | $0.10 | Monthly |
| 2026-05-20 | 2026-05-20 | 2026-05-29 | 2026-04-14 | $0.10 | Monthly |
| 2026-04-24 | 2026-04-24 | 2026-04-30 | 2026-04-14 | $0.10 | Monthly |
| 2026-03-23 | 2026-03-23 | 2026-03-31 | 2026-01-13 | $0.10 | Monthly |
| 2026-02-18 | 2026-02-18 | 2026-02-27 | 2026-01-13 | $0.10 | Monthly |
| 2026-01-23 | 2026-01-23 | 2026-01-30 | 2026-01-13 | $0.10 | Monthly |
| 2025-12-22 | 2025-12-22 | 2025-12-31 | 2025-10-14 | $0.10 | Monthly |
| 2025-11-17 | 2025-11-17 | 2025-11-26 | 2025-10-14 | $0.10 | Monthly |
| 2025-10-24 | 2025-10-24 | 2025-10-31 | 2025-10-14 | $0.10 | Monthly |
| 2025-09-22 | 2025-09-22 | 2025-09-30 | 2025-07-10 | $0.10 | Monthly |
| 2025-08-20 | 2025-08-20 | 2025-08-29 | 2025-07-10 | $0.10 | Monthly |
| 2025-07-21 | 2025-07-21 | 2025-07-31 | 2025-07-10 | $0.10 | Monthly |
| 2025-06-20 | 2025-06-20 | 2025-06-30 | 2025-04-08 | $0.10 | Monthly |
| 2025-05-21 | 2025-05-21 | 2025-05-30 | 2025-04-08 | $0.10 | Monthly |
| 2025-04-21 | 2025-04-21 | 2025-04-30 | 2025-04-08 | $0.10 | Monthly |
| 2025-03-19 | 2025-03-19 | 2025-03-31 | 2025-01-14 | $0.10 | Monthly |
| 2025-02-19 | 2025-02-19 | 2025-02-28 | 2025-01-14 | $0.10 | Monthly |
| 2025-01-24 | 2025-01-24 | 2025-01-31 | 2025-01-14 | $0.10 | Monthly |
| 2024-12-20 | 2024-12-20 | 2024-12-31 | 2024-10-08 | $0.10 | Monthly |
| 2024-11-20 | 2024-11-20 | 2024-11-29 | 2024-10-08 | $0.10 | Monthly |
| 2024-10-22 | 2024-10-22 | 2024-10-31 | 2024-10-08 | $0.10 | Monthly |
Coverage (payout of operating cash flow): 64.28%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Recent news — GOOD
4,479,792 Shares in Gladstone Commercial Corporation $GOOD Purchased by BlackRock Inc.
Brokers Suggest Investing in Gladstone Commercial (GOOD): Read This Before Placing a Bet
Gladstone Commercial Q2 Earnings Call Highlights
Gladstone Commercial Corporation (GOOD) Q2 2026 Earnings Call Transcript
Wall Street Bulls Look Optimistic About Gladstone Commercial (GOOD): Should You Buy?
Gladstone Commercial (GOOD) Tops Q2 FFO and Revenue Estimates
Gladstone Commercial Corporation Reports Results for the Second Quarter Ended June 30, 2026
Gladstone Commercial Corporation Earnings Call and Webcast Information
Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.
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Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.