<span item_type="fundamental" item_id="cd89a3a38ecc1cbf39dd2e1b93e62914" counter_id="ST/US/GOODO" env="prod"></span><span item_type="announcement" item_id="546543630045615745" env="prod"></span><p>Revenue: As of FY2025 Q2, the actual value is USD 39.53 M.</p><p>EPS: As of FY2025 Q2, the actual value is USD 0.03.</p><p></p><h3>Financial Metrics by Segment</h3><h4>Total Operating Revenue</h4><ul><li>Total operating revenue for the three months ended June 30, 2025: $39,533 thousand</li><li>Total operating revenue for the three months ended March 31, 2025: $37,501 thousand</li><li>Change: $2,032 thousand (5.4%)</li></ul><h4>Total Operating Expenses</h4><ul><li>Total operating expenses for the three months ended June 30, 2025: - $25,146 thousand</li><li>Total operating expenses for the three months ended March 31, 2025: - $23,858 thousand</li><li>Change: - $1,288 thousand (5.4%)</li></ul><h4>Other Expense, Net</h4><ul><li>Other expense, net for the three months ended June 30, 2025: - $9,753 thousand</li><li>Other expense, net for the three months ended March 31, 2025: - $8,507 thousand</li><li>Change: - $1,246 thousand (14.6%)</li></ul><h4>Net Income</h4><ul><li>Net income for the three months ended June 30, 2025: $4,634 thousand</li><li>Net income for the three months ended March 31, 2025: $5,136 thousand</li><li>Change: - $502 thousand (-9.8%)</li></ul><h4>Net Income Available to Common Stockholders and Non-controlling OP Unitholders</h4><ul><li>Net income available to common stockholders and Non-controlling OP Unitholders for the three months ended June 30, 2025: $1,457 thousand</li><li>Net income available to common stockholders and Non-controlling OP Unitholders for the three months ended March 31, 2025: $1,917 thousand</li><li>Change: - $460 thousand (-24.0%)</li></ul><h4>Funds from Operations (FFO)</h4><ul><li>FFO available to common stockholders and Non-controlling OP Unitholders - basic for the three months ended June 30, 2025: $15,338 thousand</li><li>FFO available to common stockholders and Non-controlling OP Unitholders - basic for the three months ended March 31, 2025: $15,160 thousand</li><li>Change: $178 thousand (1.2%)</li><li>FFO available to common stockholders and Non-controlling OP Unitholders - diluted for the three months ended June 30, 2025: $15,439 thousand</li><li>FFO available to common stockholders and Non-controlling OP Unitholders - diluted for the three months ended March 31, 2025: $15,261 thousand</li><li>Change: $178 thousand (1.2%)</li></ul><h4>Core Funds from Operations (Core FFO)</h4><ul><li>Core FFO available to common stockholders and Non-controlling OP Unitholders - basic for the three months ended June 30, 2025: $16,013 thousand</li><li>Core FFO available to common stockholders and Non-controlling OP Unitholders - basic for the three months ended March 31, 2025: $15,194 thousand</li><li>Change: $819 thousand (5.4%)</li><li>Core FFO available to common stockholders and Non-controlling OP Unitholders - diluted for the three months ended June 30, 2025: $16,114 thousand</li><li>Core FFO available to common stockholders and Non-controlling OP Unitholders - diluted for the three months ended March 31, 2025: $15,295 thousand</li><li>Change: $819 thousand (5.4%)</li></ul><h4>Unique Metrics</h4><ul><li>Real estate, before accumulated depreciation as of June 30, 2025: $1,350,523 thousand</li><li>Real estate, before accumulated depreciation as of March 31, 2025: $1,287,663 thousand</li><li>Change: $62,860 thousand (4.9%)</li><li>Total assets as of June 30, 2025: $1,209,993 thousand</li><li>Total assets as of March 31, 2025: $1,160,443 thousand</li><li>Change: $49,550 thousand (4.3%)</li><li>Mortgage notes payable, net, borrowings under revolver, borrowings under term loan, net, borrowings under unsecured term loan, net, and senior unsecured notes, net as of June 30, 2025: $794,391 thousand</li><li>Mortgage notes payable, net, borrowings under revolver, borrowings under term loan, net, borrowings under unsecured term loan, net, and senior unsecured notes, net as of March 31, 2025: $740,746 thousand</li><li>Change: $53,645 thousand (7.2%)</li><li>Total equity and mezzanine equity as of June 30, 2025: $347,362 thousand</li><li>Total equity and mezzanine equity as of March 31, 2025: $353,393 thousand</li><li>Change: - $6,031 thousand (-1.7%)</li><li>Properties owned as of June 30, 2025: 143</li><li>Properties owned as of March 31, 2025: 141</li><li>Change: 2 (1.4%)</li><li>Square feet owned as of June 30, 2025: 17,038,727</li><li>Square feet owned as of March 31, 2025: 17,255,665</li><li>Change: - 216,938 (-1.3%)</li><li>Square feet leased as of June 30, 2025: 98.7%</li><li>Square feet leased as of March 31, 2025: 98.4%</li><li>Change: 0.3%</li></ul><h3>Outlook / Guidance</h3><ul><li>Gladstone Commercial anticipates selling additional non-core assets over the next one to two years, which they believe will result in capital gains.</li><li>The company expects to continue to have access to debt and equity markets for added liquidity.</li><li>They believe their same store rents, which have increased by 2% annually in recent years, should continue to rise as they grow, with a focus on industrial properties.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1234006/000123400625000016/q22025pressrelease6302025.htm"></span></li></ul>

GladStone Commer Pref Share GOODO 6 Perp 06/28/26 G | 8-K: FY2025 Q2 Revenue: USD 39.53 M