Gladstone Commercial Corporation (GOOD)
NASDAQ: GOOD · Real-Time Price · USD
12.77
+0.17 (1.35%)
Sep 22, 2026, 4:00 PM EDT - Market closed
Gladstone Commercial Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 24.75 | 19.29 | 24 | 4.99 | 10.81 | 10.94 |
Depreciation & Amortization | 55.12 | 52.36 | 49.11 | 50.55 | 56.07 | 56.02 |
Other Amortization | 2.89 | 2.47 | 1.67 | 1.69 | 3.53 | 1.64 |
Gain (Loss) on Sale of Assets | -3.67 | -0.37 | -14.23 | -7.74 | -10.05 | 1.15 |
Asset Writedown | - | 0.01 | 6.82 | 19.3 | 12.09 | - |
Change in Accounts Receivable | -3.03 | -3.03 | -5.54 | -3.16 | -1.33 | -2.9 |
Change in Accounts Payable | -2.8 | 0.8 | -0.04 | -0.01 | 1.6 | 2.83 |
Change in Other Net Operating Assets | 1 | 0.74 | 0.28 | -0.04 | -1.64 | 2.49 |
Other Operating Activities | -4.17 | 15.88 | -5.18 | -5.21 | -1.9 | -2.03 |
Operating Cash Flow | 70.09 | 88.15 | 56.95 | 60.37 | 69.18 | 70.13 |
Operating Cash Flow Growth | -14.38% | 54.78% | -5.66% | -12.73% | -1.35% | 7.07% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Acquisition of Real Estate Assets | -93.73 | -228.88 | -40.15 | -36.69 | -119.79 | -105.5 |
Sale of Real Estate Assets | 17.41 | 7.64 | 37.64 | 37.01 | 39.5 | 8.84 |
Net Sale / Acq. of Real Estate Assets | -76.32 | -221.24 | -2.52 | 0.32 | -80.29 | -96.66 |
Cash Acquisition | 1.35 | - | - | - | - | - |
Other Investing Activities | -1.91 | -0.14 | 0.79 | 0.82 | -2.22 | 1.88 |
Investing Cash Flow | -76.88 | -221.38 | -1.73 | 1.14 | -82.51 | -94.78 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 473.93 | 173.64 | 132.6 | 324.66 | 156.4 |
Long-Term Debt Repaid | - | -323.39 | -218.81 | -141.18 | -280.79 | -118.72 |
Net Debt Issued (Repaid) | 57.87 | 150.54 | -45.17 | -8.58 | 43.87 | 37.68 |
Issuance of Common Stock | 23.23 | 62.18 | 55.43 | 10.23 | 49.68 | 144.68 |
Repurchase of Common Stock | - | - | - | -1.05 | - | - |
Preferred Share Repurchases | -3.04 | -4.5 | -1.71 | -0.5 | -0.36 | -87.74 |
Common & Preferred Dividends Paid | -69.93 | -68.17 | -62.79 | -60.62 | -71.09 | -67.11 |
Total Dividends Paid | -69.93 | -68.17 | -62.79 | -60.62 | -71.09 | -67.11 |
Other Financing Activities | -1.44 | -5.31 | -2.04 | -0.83 | -5.94 | -5.75 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | -0.1 | 1.52 | -1.06 | 0.14 | 2.81 | -2.9 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Levered Free Cash Flow | 69.72 | 71 | 63.38 | 38.16 | 66.83 | 73.81 |
Unlevered Free Cash Flow | 95.31 | 94.72 | 85.09 | 59.8 | 83.59 | 88.98 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 38.71 | 38.71 | 35.67 | 33.14 | 27.84 | 23.39 |
Change in Working Capital | -4.82 | -1.49 | -5.3 | -3.21 | -1.37 | 2.43 |