Gladstone Commercial Corporation 6.625% Series E Cumulative Redeemable Preferred Stock financials
$21.40−2.21%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $161.3M | $149.4M | $147.6M | $149.0M | $137.7M | $133.2M | $114.4M | $106.8M | $94.8M | $86.4M |
| Gross profit | $161.3M | $149.4M | $147.6M | $149.0M | $137.7M | $133.2M | $114.4M | $106.8M | $94.8M | $86.4M |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | $59.9M | $46.6M | $31.5M | $38.0M | $40.9M | $33.3M | $34.2M | $35.7M | $26.5M | $30.8M |
| Net income | $6.6M | $11.1M | -$7.7M | -$1.5M | -$3.4M | $3.1M | -$4.8M | $973.0K | -$4.9M | -$3.7M |
| Net margin | 4.1% | 7.4% | −5.2% | −1.0% | −2.5% | 2.4% | −4.2% | 0.9% | −5.2% | −4.3% |
| Diluted EPS | $0.14 | $0.27 | $-0.19 | $-0.04 | $-0.09 | $0.09 | $-0.16 | $0.03 | $-0.19 | $-0.16 |
| EBITDA | $118.2M | $109.2M | $108.6M | $110.2M | $96.8M | $90.5M | $86.6M | $82.6M | $75.2M | $69.6M |
| Operating cash flow | $88.2M | $57.0M | $60.4M | $69.2M | $70.1M | $67.0M | $61.4M | $56.0M | $76.9M | $48.5M |
| Free cash flow | -$140.7M | $16.8M | $23.7M | -$50.6M | $64.8M | $60.6M | $53.8M | $51.7M | $67.7M | $42.6M |
| Diluted shares | 46.5M | 41.8M | 39.9M | 39.0M | 36.5M | 34.0M | 30.7M | 28.7M | 26.4M | 23.2M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $10.8M | $11.0M | $12.0M | $11.7M | $8.0M | $11.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $846.4M | $693.4M | $738.9M | $749.2M | $707.5M | $668.7M |
| Total assets | $1.25B | $1.09B | $1.13B | $1.20B | $1.14B | $1.10B |
| Total liabilities | $905.0M | $753.0M | $224.4M | $826.9M | $770.5M | $722.6M |
| Shareholders' equity | $171.9M | $171.3M | $739.0M | $205.7M | $202.6M | $216.0M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology