Gladstone Commercial (GOOD) Operating Expenses (2010 - 2026)

Gladstone Commercial's (GOOD) quarterly Operating Expenses came in at $25.2 million in Q1 2026, up 5.81% year-on-year from $23.9 million in Q1 2025, and up 1.18% quarter-over-quarter from $24.9 million in Q4 2025.

Gladstone Commercial (GOOD) Operating Expenses (2010 - 2026) Analysis & Trends

Gladstone Commercial's Operating Expenses history runs 17 years deep, the most recent figure standing at $25.2 million for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 5.81% year-over-year to $25.2 million in Q1 2026; TTM through Mar 2026 was $102.1 million, a 0.13% change from a year earlier, with the FY2025 full-year figure at $101.4 million, down 1.38% from the prior year.
  • Operating Expenses grew to $25.2 million in Q1 2026 per GOOD's latest filing, from $24.9 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $37.2 million in Q3 2022 and bottomed at $23.3 million in Q1 2024.
  • The 5-year median for Operating Expenses is $25.9 million (2025), against an average of $27.0 million.
  • Across the five-year window, Operating Expenses surged 45.95% in 2022 and slipped 22.97% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at $25.7 million in 2022, then grew by 9.44% to $28.1 million in 2023, then retreated by 16.29% to $23.6 million in 2024, then climbed by 5.92% to $24.9 million in 2025, then rose by 1.18% to $25.2 million in 2026.
  • Per Business Quant, the three latest GOOD Operating Expenses figures stand at $25.2 million (Q1 2026), $24.9 million (Q4 2025), and $26.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Vici Properties 28.12 Bn 27.64 Bn 1.01 Bn 15.98 Mn
2 W. P. Carey 16.60 Bn 16.61 Bn 434.82 Mn 255.10 Mn
3 Broadstone Net Lease 4.29 Bn 4.40 Bn - 58.06 Mn
4 American Assets Trust 1.47 Bn 1.41 Bn - 86.87 Mn
5 Safehold 1.15 Bn -2.44 Bn 109.54 Mn 85.31 Mn
6 Empire State Realty Trust 930.17 Mn 1.66 Bn - 160.87 Mn
7 Cim 917.30 Mn 735.54 Mn - 64.12 Mn
8 JBG SMITH Properties 855.38 Mn 1.35 Bn - 135.70 Mn
9 CTO Realty Growth 725.13 Mn 725.13 Mn 31.01 Mn 30.88 Mn
10 Gladstone Commercial 618.64 Mn 788.68 Mn - 25.24 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 25.24 Mn
Dec 31, 2025 24.95 Mn
Sep 30, 2025 26.02 Mn
Jun 30, 2025 25.86 Mn
Mar 31, 2025 23.86 Mn
Dec 31, 2024 23.55 Mn
Sep 30, 2024 28.55 Mn
Jun 30, 2024 25.97 Mn
Mar 31, 2024 23.32 Mn
Dec 31, 2023 28.14 Mn
Sep 30, 2023 29.59 Mn
Jun 30, 2023 33.72 Mn
Mar 31, 2023 24.66 Mn
Dec 31, 2022 25.71 Mn
Sep 30, 2022 37.16 Mn
Jun 30, 2022 27.77 Mn
Mar 31, 2022 25.61 Mn
Dec 31, 2021 25.39 Mn
Sep 30, 2021 25.46 Mn
Jun 30, 2021 24.96 Mn