AI brief of an SEC Form 8-K · GLADSTONE COMMERCIAL CORP (GOOD)

Gladstone Commercial swings to Q3 loss on $6.5 million impairment; Core FFO falls 7.8%

Negative Impact 3 of 5 earnings Written later

Gladstone Commercial reported third-quarter 2026 results with total operating revenue of $42.4 million, down 3.6% from the prior quarter, and a net loss of $2.1 million, compared with net income of $8.3 million in the second quarter. Core FFO fell 7.8% to $16.9 million, or $0.35 per share, which matters to shareholders because the quarter absorbed a $6.5 million impairment charge on one property and the company's cash distribution of $0.30 per share was unchanged.

Key points

  • Total operating revenue was $42.4 million for the quarter ended September 30, 2026, down $1.6 million from $44.0 million in the quarter ended June 30, 2026.
  • Net loss was $2.1 million, or a loss of $0.11 per share attributable to common stockholders, compared with net income available to common stockholders of $5.1 million, or $0.11 per share, in the prior quarter.
  • Core FFO was $16.9 million, or $0.35 per share, down 7.8% from the prior quarter, which the company attributed to higher property expenses, higher interest expense from the SOFR rate increase, and a lease termination fee recognized in the p
  • Cash dividends declared were $0.30 per common share for the quarter, unchanged from the prior quarter.

The filing

CompanyGLADSTONE COMMERCIAL CORP (GOOD)
Form8-K, current report
Filed with the SECNov 3, 2026, 4:02 PM ET
Accession number0001234006-26-000025

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

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 November 03, 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.