earnings
confidence high
sentiment neutral
materiality 0.55
Gladstone Commercial Q1 Core FFO $0.35/shr, -5.4% QoQ; net income rises to $3.8M
GLADSTONE COMMERCIAL CORP
2026-Q1 EPS reported
$0.08
revenue$41,909,000
- Total operating revenue $41.9M, down 3.6% QoQ from $43.5M in Q4 2025.
- Core FFO $0.35/shr, -5.4% QoQ; net income to common $3.8M ($0.08/shr) vs $2.2M.
- Collected 100% of cash rents in Q1 and April; leased/renewed 805,622 sq ft.
- Portfolio occupancy 98.7% (down from 99.1%); sold land parcel for $2.0M.
- Declared $0.30 common dividend unchanged; CEO cites capital recycling, industrial focus.