GOOD · Gladstone Commercial Corp
5 customers — 17.2% of revenue (As of December 31, 2025)
“our five largest tenants accounted for approximately 17.2% of our total lease revenue.”
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $170.2M | $161.34M | $149.39M | $147.58M | $148.98M | $137.69M | $133.15M | $114.39M | $106.8M | $94.8M | $86.37M | $83.77M | $73.76M | $61.34M | $51.27M | $43.98M | $41.93M | $42.61M | |
| $170.2M | $161.34M | $149.39M | $147.58M | $148.98M | $137.69M | $133.15M | $114.39M | $106.8M | $94.8M | $84.5M | $80.89M | $71.21M | $59.77M | $50.92M | $43.63M | $41.18M | $41.51M | |
| $3.94M | $4.04M | $3.88M | $4.36M | $3.71M | $3.22M | $3.26M | $3.24M | $2.36M | $2.37M | $2.39M | $2.72M | $2.69M | $1.66M | $1.59M | $1.5M | $3.41M | $1.49M | |
| $16.4M | $16M | $16.3M | $16.7M | $19.1M | $20.7M | $19.4M | $19.2M | $17.7M | $15.9M | $13.4M | $13.1M | $10.1M | $7.3M | $4.9M | $4M | $3.7M | — | |
| $60.51M | $58.25M | $55.79M | $57.86M | $60.15M | $59.15M | $55.42M | $52.04M | $47.62M | $42.8M | $37.52M | $35.29M | $28.86M | $22.83M | $16.83M | $14.15M | $13.26M | $13.17M | |
| — | — | — | — | — | — | — | — | — | $4M | — | — | — | — | $0 | — | — | — | |
| $103.87M | $101.39M | $102.81M | $116.1M | $116.25M | $101.64M | $99.86M | $80.23M | $71.14M | $68.34M | $55.6M | $50.97M | $57.41M | $32.82M | $24.9M | $21.27M | $23.41M | $20.54M | |
| $45.57M | $41.91M | $37.4M | $37.33M | $32.46M | $26.89M | $26.8M | $28.28M | $26.17M | $24.57M | $25.9M | $28.01M | $26.2M | $24.35M | $20.23M | $17.08M | $17.06M | $17.9M | |
| -$41.57M | -$40.66M | -$22.54M | -$26.56M | -$21.95M | -$25.16M | -$18.31M | -$24.62M | -$23.34M | -$20.53M | -$26.82M | -$29.21M | -$22.25M | -$26.99M | -$22.61M | -$16.99M | -$13.59M | -$17.67M | |
| $3.67M | $367K | $14.23M | $7.74M | $10.05M | -$1.15M | $8.1M | $2.95M | $2.76M | $3.99M | $242K | $1.54M | $1.24M | — | — | — | — | — | |
| $24.75M | $19.29M | $24M | $4.99M | $10.81M | $10.94M | $14.94M | $9.63M | $12.32M | $5.94M | $3.96M | $3.6M | -$5.9M | $1.53M | $3.76M | $5.71M | $4.93M | $4.6M | |
| — | 11.95% | 16.06% | 3.38% | 7.25% | 7.94% | 11.22% | 8.42% | 11.54% | 6.26% | 4.58% | 4.29% | -8% | 2.49% | 7.34% | 12.99% | 11.75% | 10.8% | |
| $10K | $6000 | $42K | -$63K | -$23K | -$40K | $47K | -$87K | $4000 | $0 | $0 | — | — | — | — | — | — | — | |
| $12.18M | $6.59M | $11.12M | -$7.74M | -$1.53M | -$3.39M | $3.15M | -$4.76M | $973K | -$4.94M | -$3.7M | -$1.51M | -$10.54M | -$2.87M | -$445K | $1.56M | $814K | $509K | |
| $30.23M | $11.94M | $26.7M | $132K | $22.92M | $13.79M | $12.72M | $7.65M | $12.14M | $5.97M | $3.96M | — | — | — | — | — | — | — | |
| USD/shares | $0.26 | $0.14 | $0.27 | -$0.19 | -$0.04 | -$0.09 | $0.09 | -$0.16 | $0.03 | -$0.19 | -$0.16 | -$0.07 | -$0.61 | -$0.22 | -$0.04 | $0.15 | $0.09 | — |
| USD/shares | $0.26 | $0.14 | $0.27 | -$0.19 | -$0.04 | -$0.09 | $0.09 | -$0.16 | $0.03 | -$0.19 | -$0.16 | -$0.07 | -$0.61 | -$0.22 | -$0.04 | $0.15 | $0.09 | — |
| shares | — | 46.54M | 41.77M | 39.94M | 38.95M | 36.54M | 34.04M | 30.7M | 28.68M | 26.36M | 23.19M | 21.16M | 17.25M | 13.16M | 10.95M | 10.24M | 8.58M | 8.56M |
| shares | — | 46.54M | 41.77M | 39.94M | 38.95M | 36.54M | 34.04M | 30.7M | 28.68M | 26.36M | 23.19M | 21.16M | 17.25M | 13.16M | 10.95M | 10.29M | 8.6M | 8.56M |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2009–FY2025: $1.23M in buybacks, $765.69M in dividends.
Debt Profile
Annual debt figures are established from 10-K filings and updated by subsequent 10-Q and 8-K disclosures. Instrument balances are not summed into a company total unless the filing itself reports that total.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 13 similar-size REIT - Diversified companies (of 19 listed).