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Gladstone Commercial (GOOD) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 3, 2026

Gladstone Commercial (GOOD) reported revenue of $42.4M for the third quarter 2026 (Q3 2026), +4% from a year earlier and -4% from the quarter before. Operating margin was -4.9%, net loss $2.1M (4.9% of revenue).

Revenue$42.4M
Year over year+4%
Quarter over quarter-4%
Operating margin-4.9%
Net earnings−$2.1M

Gladstone Commercial, Q3 2026: revenue $42.4M (+4% year over year), operating margin -4.9%, net loss $2.1M, operating cash flow $20.9M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$42.4M-4%+4%
Operating profit−$2.1M-125%-150%
Net earnings−$2.1M-125%-150%
Operating cash flow$20.9M+19%+11%

What changed

Revenue was $42.4M in Q3 2026, up 4% year over year and down 4% from the previous quarter.

Operating costs exceeded revenue by $2.1M, an operating margin of -4.9%. Total costs grew 21% against revenue growth of 4%. The fastest-growing cost line was Other operating costs (+22%). The quarter ended with a net loss of $2.1M, after a profit of $8.3M the previous quarter.

Operating cash flow was $20.9M (up 11% year over year). Non-cash charges added back $15.4M of depreciation and amortization. Working capital and other items added $7.5M.

Questions

What was Gladstone Commercial's revenue in the third quarter 2026?

Gladstone Commercial (GOOD) reported revenue of $42.4M for the third quarter 2026 (Q3 2026), +4% from a year earlier and -4% from the quarter before.

Was Gladstone Commercial profitable in the third quarter 2026?

Operating loss was $2.1M (-4.9% of revenue) and net loss $2.1M.

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Source: Gladstone Commercial 10-Q on SEC EDGAR.