Gladstone Commercial Q2 net income rises 18.6%; Core FFO $0.38 per share
Gladstone Commercial reported second quarter 2026 results for the period ended June 30, 2026. Net income rose 18.6% from the first quarter to $8.3 million, and Core FFO was $18.3 million, or $0.38 per share, up from $0.35 per share in the first quarter, with the company citing a lease termination fee on a property sold in the quarter.
Key points
- Total operating revenue was $44.0 million, up 5.0% from $41.9 million in the first quarter of 2026.
- Net income available to common stockholders and Non-controlling OP Unitholders was $5.1 million, or $0.11 per share, compared with $3.8 million, or $0.08 per share, in the first quarter.
- Monthly cash distributions of $0.30 per share on common stock were declared for July, August, and September 2026.
- Subsequent to quarter end, the company bought a 146,650 square foot industrial property for $6.6 million at a 9.16% cap rate.
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.