Gladstone Commercial Corporation (GOOD) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 41.91M | 43.46M | 40.84M | 39.53M | 37.5M | 37.38M | 39.23M | 37.06M | 35.72M | 35.91M | 36.46M | 38.66M | 36.55M | 37.22M | 39.83M | 36.4M | 35.53M | 35.31M | 34.33M | 33.37M |
| Revenue Growth % | 11.75% | 16.28% | 4.09% | 6.68% | 4.98% | 4.08% | 7.6% | -4.14% | -2.28% | -3.51% | -8.46% | 6.21% | 2.88% | 5.41% | 16.02% | 9.07% | 2.46% | 7.43% | 3.6% | -0.46% |
| Property Operating Expenses | 0 | 125.28M | 9.11M | 8.9M | 8.47M | 8.58M | 8.21M | 7.32M | 7.42M | 7.14M | 8.42M | 8.34M | 8.33M | 8.32M | 8.14M | 8.54M | 8.17M | 8.33M | 8.28M | 8.36M |
| Net Operating Income (NOI) | 41.91M | -81.82M | 31.73M | 30.64M | 29.03M | 28.8M | 31.03M | 29.73M | 28.3M | 28.77M | 28.05M | 30.32M | 28.22M | 28.9M | 31.7M | 27.86M | 27.36M | 26.97M | 26.05M | 25.01M |
| NOI Margin % | 100% | -188.26% | 77.69% | 77.49% | 77.42% | 77.05% | 79.08% | 80.24% | 79.23% | 80.11% | 76.91% | 78.42% | 77.21% | 77.65% | 79.57% | 76.55% | 77.01% | 76.4% | 75.89% | 74.94% |
| Operating Expenses | 7.04M | -100.33M | 17.62M | 16.95M | 15.39M | 15.46M | 16.18M | 18.9M | 16.17M | 15.27M | 14.41M | 18.55M | 16.33M | 18.51M | 18.3M | 17.86M | 17.49M | 17.08M | 17.22M | 16.64M |
| G&A Expenses | 1.68M | 1.48M | 1.64M | 1.99M | 1.51M | 1.43M | 1.7M | 1.64M | 1.68M | 1.54M | 1.93M | 1.61M | 1.63M | 1.44M | 1.31M | 1.36M | 1.46M | 1.11M | 1.19M | 1.41M |
| EBITDA | 14.8M | 33.98M | 29.39M | 27.95M | 26.89M | 26.44M | 28.18M | 26.85M | 25.46M | 27.23M | 26.12M | 28.71M | 26.6M | 26.39M | 28.88M | 25.12M | 24.57M | 24.55M | 23.6M | 22.57M |
| EBITDA Margin % | 35.31% | 78.17% | 71.97% | 70.69% | 71.7% | 70.75% | 71.84% | 72.46% | 71.27% | 75.83% | 71.64% | 74.26% | 72.77% | 70.91% | 72.49% | 69.02% | 69.15% | 69.54% | 68.75% | 67.64% |
| Depreciation & Amortization | 14.8M | 15.46M | 15.28M | 14.26M | 13.24M | 13.11M | 13.34M | 16.02M | 13.33M | 13.74M | 12.49M | 16.94M | 14.71M | 16M | 15.48M | 15.12M | 14.7M | 14.66M | 14.77M | 14.2M |
| D&A / Revenue % | 35.31% | 35.57% | 37.42% | 36.07% | 35.32% | 35.06% | 34.01% | 43.22% | 37.31% | 38.26% | 34.26% | 43.83% | 40.24% | 42.99% | 38.87% | 41.55% | 41.36% | 41.52% | 43.01% | 42.56% |
| Operating Income | 0 | 18.52M | 14.11M | 13.69M | 13.64M | 13.34M | 14.84M | 10.83M | 12.13M | 13.49M | 13.63M | 11.77M | 11.89M | 10.39M | 13.39M | 10M | 9.87M | 9.89M | 8.84M | 8.37M |
| Operating Margin % | 0% | 42.6% | 34.55% | 34.62% | 36.38% | 35.69% | 37.83% | 29.24% | 33.95% | 37.57% | 37.38% | 30.43% | 32.53% | 27.92% | 33.62% | 27.47% | 27.79% | 28.03% | 25.74% | 25.08% |
| Interest Expense | -1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | - | -3.66x | - | 1.46x | 1.56x | 1.79x | 2.26x | 1.17x | 1.37x | 1.48x | 1.18x | 0.49x | 1.36x | 1.19x | 1.31x | 1.23x | 1.51x | 1.47x | 1.67x | 1.33x |
| Non-Operating Income | 0 | 62.32M | -730K | -1M | -631K | -3M | -6.18M | -229K | -895K | -545K | 1.9M | 7.27M | -105K | -1.07M | 1.5M | 1.25M | -104K | 270K | -2.35M | -239K |
| Pretax Income | 6.97M | 5.38M | 4.14M | 4.63M | 5.14M | 7.2M | 11.72M | 1.6M | 3.53M | 4.55M | 1.79M | -4.59M | 3.17M | 1.81M | 2.79M | 1.62M | 3.39M | 3.08M | 4.5M | 2.12M |
| Pretax Margin % | 16.64% | 12.39% | 10.13% | 11.72% | 13.7% | 19.26% | 29.87% | 4.32% | 9.87% | 12.68% | 4.91% | -11.87% | 8.66% | 4.87% | 7% | 4.46% | 9.54% | 8.71% | 13.1% | 6.36% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | 6.97M | 5.39M | 4.14M | 4.63M | 5.13M | 7.19M | 11.68M | 1.61M | 3.52M | 4.54M | 1.79M | -4.51M | 3.17M | 1.82M | 2.79M | 1.63M | 3.39M | 3.07M | 4.48M | 2.14M |
| Net Margin % | 16.64% | 12.4% | 10.13% | 11.72% | 13.69% | 19.24% | 29.76% | 4.35% | 9.87% | 12.63% | 4.91% | -11.68% | 8.68% | 4.9% | 7.01% | 4.49% | 9.54% | 8.71% | 13.04% | 6.42% |
| Net Income Growth % | 35.8% | -25.05% | -64.58% | 187.59% | 45.69% | 58.47% | 552.71% | 135.68% | 11.03% | 148.74% | -35.9% | -376.32% | -6.34% | -40.66% | -37.66% | -23.72% | 4189.87% | -65.18% | 57.31% | 115.71% |
| Funds From Operations (FFO) | 21.77M | 20.85M | 19.42M | 18.89M | 18.38M | 20.3M | 25.02M | 17.63M | 16.85M | 18.27M | 14.28M | 12.43M | 17.89M | 17.82M | 18.27M | 16.76M | 18.09M | 17.73M | 19.25M | 16.35M |
| FFO Margin % | 51.94% | 47.97% | 47.54% | 47.79% | 49.01% | 54.3% | 63.77% | 47.57% | 47.18% | 50.89% | 39.16% | 32.15% | 48.93% | 47.89% | 45.87% | 46.04% | 50.9% | 50.23% | 56.05% | 48.98% |
| FFO Growth % | 18.44% | 2.73% | -22.39% | 7.18% | 9.05% | 11.05% | 75.21% | 41.83% | -5.77% | 2.54% | -21.85% | -25.84% | -1.11% | 0.5% | -5.05% | 2.52% | 7.64% | -20.09% | 15.54% | 7.62% |
| FFO per Share | 0.46 | 0.44 | 0.41 | 0.41 | 0.41 | 0.47 | 0.58 | 0.44 | 0.42 | 0.45 | 0.36 | 0.31 | 0.45 | 0.45 | 0.46 | 0.43 | 0.48 | 0.47 | 0.52 | 0.44 |
| FFO Payout Ratio % | 0% | 84.41% | 88.31% | 89.67% | 89.71% | 80.19% | 64.17% | 86.67% | 90.08% | 83.04% | 106.24% | 121.98% | 84.51% | 101.39% | 98.48% | 105.39% | 96.02% | 96.99% | 88.05% | 102.77% |
| EPS (Diluted) | 0.15 | 0.32 | 0.02 | 0.03 | 0.04 | 0.17 | 0.20 | -0.04 | 0.01 | 0.11 | -0.04 | -0.19 | 0.00 | -0.20 | -0.01 | -0.04 | 0.01 | 0.08 | 0.04 | -0.08 |
| EPS Growth % | 275% | 88.24% | -89.6% | 178.75% | 300% | 54.55% | 666.57% | 78.95% | - | 155% | -253% | -375% | -90% | -339.23% | -125% | 50% | 112.5% | -67.85% | - | -33.33% |
| EPS (Basic) | 0.15 | 0.32 | 0.02 | 0.03 | 0.04 | 0.17 | 0.20 | -0.04 | 0.01 | 0.11 | -0.04 | -0.19 | 0.00 | -0.20 | -0.01 | -0.04 | 0.01 | 0.08 | 0.04 | -0.08 |
| Diluted Shares Outstanding | 47.22M | 47.22M | 47.22M | 46.22M | 44.61M | 43.19M | 42.79M | 40.31M | 40M | 40.28M | 40.2M | 40.26M | 39.92M | 40.05M | 39.51M | 38.75M | 37.9M | 37.89M | 36.77M | 36.87M |