<span item_type="fundamental" item_id="983f0a586a0f3431799ce5c206bb7770" counter_id="ST/US/GOODN" env="prod"></span><span item_type="announcement" item_id="578809802872331649" env="prod"></span><p>Revenue: As of FY2025 Q3, the actual value is USD 40.84 M.</p><p>EPS: As of FY2025 Q3, the actual value is USD 0.02.</p><p>EBIT: As of FY2025 Q3, the actual value is USD 25.52 M.</p><p></p><h3>Segment Revenue</h3><ul><li><strong>Lease Revenue</strong>: For the three months ended September 30, 2025, lease revenue was $40,841,000, compared to $39,235,000 for the same period in 2024, representing a 4.1% increase. For the nine months ended September 30, 2025, lease revenue was $117,875,000, compared to $112,013,000 for the same period in 2024, representing a 5.2% increase.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1234006/000123400625000022/good-20250930.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Net Income</strong>: For the three months ended September 30, 2025, net income was $4,137,000, compared to $11,721,000 for the same period in 2024, representing a decrease of 64.7%. For the nine months ended September 30, 2025, net income was $13,908,000, compared to $16,843,000 for the same period in 2024, representing a decrease of 17.4%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1234006/000123400625000022/good-20250930.htm"></span></li><li><strong>Depreciation and Amortization</strong>: For the three months ended September 30, 2025, depreciation and amortization was $15,271,000, compared to $13,343,000 for the same period in 2024, representing a 14.4% increase. For the nine months ended September 30, 2025, depreciation and amortization was $42,763,000, compared to $42,683,000 for the same period in 2024, representing a 0.2% increase.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1234006/000123400625000022/good-20250930.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Net Cash Provided by Operating Activities</strong>: For the nine months ended September 30, 2025, net cash provided by operating activities was $72,430,000, compared to $34,166,000 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1234006/000123400625000022/good-20250930.htm"></span></li><li><strong>Net Cash Used in Investing Activities</strong>: For the nine months ended September 30, 2025, net cash used in investing activities was -$218,315,000, compared to $8,638,000 provided by investing activities for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1234006/000123400625000022/good-20250930.htm"></span></li><li><strong>Net Cash Provided by Financing Activities</strong>: For the nine months ended September 30, 2025, net cash provided by financing activities was $155,443,000, compared to -$44,409,000 used in financing activities for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1234006/000123400625000022/good-20250930.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Property Acquisitions</strong>: During the nine months ended September 30, 2025, the company acquired 19 industrial properties with an aggregate purchase price of $207,905,000.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1234006/000123400625000022/good-20250930.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company plans to continue executing its capital recycling program, selling non-core properties and redeploying proceeds to fund acquisitions in target secondary growth markets or repay outstanding debt.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1234006/000123400625000022/good-20250930.htm"></span></li><li><strong>Non-Core Business</strong>: The company expects to continue selling non-core properties as reasonable disposition opportunities become available.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1234006/000123400625000022/good-20250930.htm"></span></li></ul><h3>Priority</h3><ul><li>The company emphasizes strategies with concrete projections, such as the acquisition of new properties and refinancing of existing debt, to maintain liquidity and fund expansion.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1234006/000123400625000022/good-20250930.htm"></span></li></ul>

Gladstone Commercial Pref Share GOOD 6.625 Prep 10/31/24 E | 10-Q: FY2025 Q3 Revenue: USD 40.84 M