GLADSTONE COMMERCIAL CORP financials
Source: EDGAR filings · Built 2026-06-02T03:09:14Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Debt | 839.44M | 686.49M | 731.97M | 742.86M | 705.08M | 663.95M |
| Net Margin | 11.95% | 16.06% | 3.38% | 7.25% | 7.94% | 11.22% |
| Return on Equity (ROE) | 11.23% | 14.02% | 3.25% | 5.30% | 5.44% | 7.01% |
| Return on Assets (ROA) | 1.55% | 2.19% | 0.44% | 0.90% | 0.96% | 1.36% |
| Debt-to-Equity | 4.95× | 4.07× | 4.85× | 3.70× | 3.55× | 3.17× |
| Cash Conversion Ratio | 4.57× | 2.37× | 12.11× | 6.40× | 6.41× | 4.38× |
| Accruals Ratio | -0.06× | -0.03× | -0.05× | -0.05× | -0.05× | -0.05× |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 76.21× | 60.15× | — | — | — | 200.00× |
| P/S | 3.20× | 4.78× | 3.59× | 4.94× | 7.01× | 4.78× |
| P/B | 3.01× | 4.17× | 3.46× | 3.61× | 4.81× | 2.98× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenues | 161.34M | 149.39M | 147.58M | 148.98M | 137.69M | 133.15M |
| Operating Expenses | 101.39M | 102.81M | 116.10M | 116.25M | 101.64M | 99.86M |
| Net Income (Loss) Attributable to Parent | 19.29M | 24.00M | 4.99M | 10.80M | 10.94M | 14.94M |
| Earnings Per Share, Basic | $0.14 | $0.27 | $-0.19 | $-0.04 | $-0.09 | $0.09 |
| Weighted Average Number of Shares Outstanding, Basic | 46.54M | 41.77M | 39.94M | 38.95M | 36.54M | 34.04M |
| Earnings Per Share, Diluted | $0.14 | $0.27 | $-0.19 | $-0.04 | $-0.09 | $0.09 |
| Weighted Average Number of Shares Outstanding, Diluted | 46.54M | 41.77M | 39.94M | 38.95M | 36.54M | 34.04M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 10.81M | 10.96M | 11.98M | 11.65M | 7.96M | 11.02M |
| Assets | 1.25B | 1.09B | 1.13B | 1.20B | 1.14B | 1.10B |
| Long-term Debt | 843.47M | 693.38M | 738.86M | 749.21M | 707.53M | 669.28M |
| Liabilities | 905.00M | 753.01M | 809.16M | 826.88M | 770.53M | 722.59M |
| Stockholders' Equity Attributable to Parent | 171.77M | 171.17M | 153.28M | 203.90M | 200.92M | 213.18M |
| Common Stock, Shares, Outstanding | 48.41M | 43.99M | 40.00M | 39.74M | 37.47M | 35.33M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 88.15M | 56.95M | 60.37M | 69.18M | 70.13M | 65.49M |
| Net Cash Provided by (Used in) Investing Activities | -221.38M | -1.73M | 1.14M | -82.51M | -94.78M | -100.26M |
| Payments for Repurchase of Common Stock | 0 | 0 | 998.00K | 0 | — | 0 |
| Payments of Dividends | 68.17M | 62.79M | 60.62M | 71.09M | 67.59M | 63.76M |
| Net Cash Provided by (Used in) Financing Activities | 134.74M | -56.29M | -61.36M | 16.15M | 21.75M | 39.35M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Debt | 835.15M | 839.44M | 831.72M | 789.62M | 737.30M | 686.49M |
| Net Margin | 16.63% | 12.38% | 10.13% | 11.72% | 13.69% | 19.24% |
| Return on Equity (ROE) | 4.26% | 3.13% | 2.24% | 2.61% | 2.80% | 4.20% |
| Return on Assets (ROA) | 0.57% | 0.43% | 0.33% | 0.38% | 0.44% | 0.66% |
| Debt-to-Equity | 5.16× | 4.95× | 4.60× | 4.52× | 4.08× | 4.07× |
| Cash Conversion Ratio | 2.57× | 2.92× | 17.51× | 11.55× | 3.44× | 3.17× |
| Accruals Ratio | -0.01× | -0.01× | -0.05× | -0.04× | -0.01× | -0.01× |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 63.50× | 76.21× | 64.84× | 38.73× | 49.93× | 60.15× |
| P/S | 3.34× | 3.20× | 3.84× | 4.34× | 4.53× | 4.78× |
| P/B | 3.38× | 3.01× | 3.23× | 3.76× | 3.74× | 4.17× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | 41.91M | 43.46M | 40.84M | 39.53M | 37.50M | 37.38M |
| Operating Expenses | 25.24M | 26.36M | 26.02M | 25.15M | 23.86M | 24.97M |
| Net Income (Loss) Attributable to Parent | 6.97M | 5.38M | 4.14M | 4.63M | 5.13M | 7.19M |
| Earnings Per Share, Basic | $0.08 | $0.05 | $0.02 | $0.03 | $0.04 | $0.10 |
| Weighted Average Number of Shares Outstanding, Basic | 48.41M | 46.54M | 46.88M | 46.22M | 44.61M | 41.77M |
| Earnings Per Share, Diluted | $0.08 | $0.05 | $0.02 | $0.03 | $0.04 | $0.10 |
| Weighted Average Number of Shares Outstanding, Diluted | 48.41M | 46.54M | 46.88M | 46.22M | 44.61M | 41.77M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 7.96M | 10.81M | 18.40M | 11.66M | 10.38M | 10.96M |
| Assets | 1.23B | 1.25B | 1.27B | 1.21B | 1.16B | 1.09B |
| Long-term Debt | 836.38M | 843.47M | 843.28M | 794.39M | 740.75M | 693.38M |
| Liabilities | 897.36M | 905.00M | 910.00M | 862.63M | 807.05M | 753.01M |
| Stockholders' Equity Attributable to Parent | 163.48M | 171.77M | 184.83M | 177.19M | 183.22M | 171.17M |
| Common Stock, Shares, Outstanding | 48.41M | 48.41M | 48.40M | 46.51M | 45.76M | 43.99M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 17.91M | 15.72M | 72.43M | 53.53M | 17.68M | 22.79M |
| Net Cash Provided by (Used in) Investing Activities | 1.33M | -3.06M | -218.31M | -155.83M | -75.46M | -10.37M |
| Payments for Repurchase of Common Stock | — | — | — | — | — | 0 |
| Payments of Dividends | 17.59M | 17.60M | 50.58M | 33.43M | 16.49M | 16.27M |
| Net Cash Provided by (Used in) Financing Activities | -22.30M | -20.70M | 155.44M | 103.12M | 58.07M | -11.88M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (GOOD CIK 0001234006),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.