GLADSTONE COMMERCIAL CORP
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $161.3M | $149.4M | $147.6M | $149.0M | $137.7M |
| Operating expenses | $101.4M | $102.8M | $116.1M | $116.2M | $101.6M |
| Interest expense | $41.9M | $37.4M | $37.3M | $32.5M | $26.9M |
| Net income | $19.3M | $24.0M | $5.0M | $10.8M | $10.9M |
| Balance Sheet | |||||
| Cash and equivalents | $10.8M | $11.0M | $12.0M | $11.7M | $8.0M |
| Total assets | $1.2B | $1.1B | $1.1B | $1.2B | $1.1B |
| Total liabilities | $905.0M | $753.0M | $809.2M | $826.9M | $770.5M |
| Stockholders' equity | $171.8M | $171.2M | $153.3M | $203.9M | $200.9M |
| Cash Flow Statement | |||||
| Cash from operations | $88.2M | $57.0M | $60.4M | $69.2M | $70.1M |
| Depreciation and amortization | $58.2M | $55.8M | $57.9M | $60.2M | $59.1M |
| Dividends paid | $68.2M | $62.8M | $60.6M | $71.1M | $67.6M |
| Share repurchases | $0 | $0 | $998,000 | $0 | — |
| Impairments | $9,000 | $6.8M | $19.3M | $12.1M | $0 |
Shares outstanding 48.4M · Free float 98.7%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.