<span item_type="fundamental" item_id="cd89a3a38ecc1cbf39dd2e1b93e62914" counter_id="ST/US/GOODN" env="prod"></span><span item_type="announcement" item_id="546543630074977665" 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>Segment Revenue</h3><ul><li>Total operating revenue for the three months ended June 30, 2025, was $39,533,000, representing a 5.4% increase from $37,501,000 for the three months ended March 31, 2025.<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><h3>Operational Metrics</h3><ul><li>Net income for the three months ended June 30, 2025, was $4,634,000, a decrease of 9.8% from $5,136,000 for the three months ended March 31, 2025.<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><li>Net income available to common stockholders and Non-controlling OP Unitholders was $1,457,000, or $0.03 per share, compared to $1,917,000, or $0.04 per share, for the previous quarter, a decrease of 24.0%.<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><li>Total operating expenses increased by 5.4% to $25,146,000 from $23,858,000 in the previous quarter.<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><h3>Cash Flow</h3><ul><li>Funds from operations (FFO) available to common stockholders and Non-controlling OP Unitholders - diluted was $15,439,000, a 1.2% increase from $15,261,000 in the previous quarter.<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><li>Core funds from operations (Core FFO) available to common stockholders and Non-controlling OP Unitholders - diluted was $16,114,000, a 5.4% increase from $15,295,000 in the previous quarter.<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><h3>Unique Metrics</h3><ul><li>Collected 100% of cash rents due during April, May, and June 2025.<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><li>Acquired two fully-occupied facilities for $79.3 million, with a weighted average cap rate of 8.88%.<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><li>Sold one non-core office property for $5.1 million and one non-core industrial property for $18.5 million as part of the capital recycling strategy.<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><h3>Outlook / Guidance</h3><ul><li>Gladstone Commercial anticipates continuing its capital recycling program by selling non-core assets and reinvesting in target growth markets, particularly focusing 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><li>The company expects to face challenges due to economic uncertainties but remains confident in its tenant credit underwriting and anticipates continued rent collection success.<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><li>Gladstone Commercial plans to maintain access to debt and equity markets for added liquidity and expects same store rents to continue rising as they grow.<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 Commercial Pref Share GOOD 6.625 Prep 10/31/24 E | 8-K: FY2025 Q2 Revenue: USD 39.53 M