GLADSTONE COMMERCIAL CORP (GOOD) Form 8-K — Aug 5, 2026
Gladstone Commercial (Nasdaq: GOOD) reported Q2 2026 results on August 5, 2026, with Core FFO of $18.3 million, or $0.38 per diluted share, up 7.7% from the prior quarter. Net income available to common stockholders rose to $5.1 million, or $0.11 per share, from $3.8 million, or $0.08 per share, in Q1 2026, on total operating revenue of $44.0 million (up 5.0% sequentially). Operations stayed steady: the company collected 100% of cash rents for April through July, kept its 151-property, 17.7 million square foot portfolio 98.7% leased, and leased or renewed 160,435 square feet during the quarter (966,057 sq ft year-to-date).
Key figures
- Eps
- 0.11
- Revenue
- 43989000
- Net Income
- 8270000
- Total Debt
- 852050000
- Total Assets
- 1242968000
- Dividend Per Share
- $0.30 per common share for the quarter (monthly distributions)
- Q2 Leasing
- 160,435 sq ft leased or renewed; 966,057 sq ft YTD across 8 tenants
- Q2 Disposition
- $12.9 million industrial property sale (capital recycling)
- Core Ffo Diluted
- 18327000
- Q2 Acquisitions
- $22.8 million industrial property (153,890 sq ft) at 6.76% cap rate; $0.7 million land parcel near Clintonville, WI
- Rent Collection
- 100% of cash rents April-July
- Properties Owned
- 151
- Square Feet Owned
- 17669871
- Occupancy Percent
- 98.7%
- Revenue Qo QPercent
- 5
- Ffo Per Share Diluted
- 0.38
- Preferred Dividends
- $0.414063 Series E, $0.375 Series F, $0.375 Series G per share for the quarter
- Held For Sale Property
- $12.0 million / 161,458 sq ft
- Core Ffo Per Share Diluted
- 0.38
- Post Quarter Acquisition
- $6.6 million industrial property (146,650 sq ft) at 9.16% cap rate, 8.4-year lease
- Weighted Avg Shares Basic
- 48446593
- Core Ffo Growth Qo QPercent
- 7.7
- Total Equity And Mezzanine
- 327525000
- Weighted Avg Shares Diluted
- 48768526
- Net Income Growth Qo QPercent
- 18.6
- Net Income Available To Common
- 5128000
Price after filing
Close on the filing date to close N calendar days later (from $12.56). Historical, not a forecast.
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