GOOD · XBRL financial data

Gladstone Commercial financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (GOOD's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Revenue	36*	36	37	39	37*	38	40	41	43*	42	44	42
General and administrative	1*	1	1	1	1*	1	1	1	1*	1	1	1
Total operating expenses	28*	23	26	29	25*	24	25	26	26*	25	26	33
Interest expense	9*	9	9	9	9*	9	10	11	12*	11	11	12
Other income (expense)	(0)*	0	0	0	0*	1	(0)	0	0*	(0)	0	0
Net income (loss)	5*	4	2	12	7*	5	5	4	5*	7	8	(2)
Earnings per share, basic USD per share	0.11*	0.01	(0.04)	0.20	—	0.04	0.03	0.02	—	0.08	0.11	(0.11)
Earnings per share, diluted USD per share	0.11*	0.01	(0.04)	0.20	—	0.04	0.03	0.02	—	0.08	0.11	(0.11)
Weighted average shares, basic millions of shares	40*	40	40	43	44*	45	46	47	48*	48	48	48
Weighted average shares, diluted millions of shares	40*	40	40	43	44*	45	46	47	48*	48	48	48

Fiscal quarters (GOOD's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Cash and cash equivalents	12	10	10	11	11	10	12	18	11	8	10	11
Right-of-use asset	5	4	4	4	4	4	4	4	4	4	4	4
Total assets	1,133	1,105	1,106	1,096	1,094	1,160	1,210	1,265	1,247	1,231	1,243	1,246
Total liabilities	809	787	790	757	753	807	863	910	905	897	915	928
Total stockholders' equity	153	147	146	169	171	183	177	185	172	163	157	148
Total liabilities and equity	1,133	1,105	1,106	1,096	1,094	1,160	1,210	1,265	1,247	1,231	1,243	1,246
Common shares outstanding (cover page) millions of shares	40	40	43	44	44	46	47	48	48	48	48	49

Fiscal quarters (GOOD's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Net income (loss)	5*	4	2	12	7*	5	5	4	5*	7	8	(2)
Net cash from operating activities	12*	15	14*	6*	23*	18	36*	19*	16*	18	18*	21*
Net cash from investing activities	5*	18	(13)*	3*	(10)*	(76)	(80)*	(62)*	(3)*	1	(12)*	(10)*
Proceeds from issuing common stock	0*	0	11*	40*	5*	28	11*	23*	(0)*	0	0*	2*
Share repurchases	0*	—	—	0*	0*	—	—	—	year only	—	—	—
Dividends paid	15*	15	15*	16*	16*	16	17*	17*	18*	18	18*	18*
Proceeds from long-term debt	0*	—	—	—	—	—	—	—	—	—	—	—
Net cash from financing activities	(23)*	(35)	(1)*	(8)*	(12)*	58	45*	52*	(21)*	(22)	(3)*	(10)*
Net change in cash	(6)*	(1)	(0)*	0*	1*	0	1*	9*	(8)*	(3)	2*	1*

SIC 6519 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6519 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Gladstone Commercial	11	42	21*	48.6M	Q3 FY26 10-QSep 30, 2026
Piedmont Realty Trust	3.9	151	24*	123.8M	Q3 FY26 10-QSep 30, 2026
Boston Omaha	15	22	not reported	not reported	Q2 FY26 10-QJun 30, 2026
Alico	56	9	7.1*	7.4M	Q3 FY26 10-QJun 30, 2026
New England Realty Associates Limited Partnership	25	24	5.3*	not reported	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.