Gladstone Commercial (GOOD) Operating Expenses (2010 - 2026)
Gladstone Commercial (GOOD) posted quarterly Operating Expenses of $25.2 million for Q1 2026, up 5.81% year-over-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.
- In Q1 2026, Operating Expenses rose 5.81% year-over-year to $25.2 million; the TTM figure through Mar 2026 stood at $102.1 million (changed 0.13% YoY), while the FY2025 annual figure was $101.4 million, down 1.38% from the prior year.
- Operating Expenses for Q1 2026 stood at $25.2 million, up from $24.9 million in the prior quarter.
- The five-year high for Operating Expenses was $37.2 million in Q3 2022, with the low 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.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses surged 45.95% in 2022, then fell 22.97% in 2024.
- Gladstone Commercial's Operating Expenses stood at $25.7 million in 2022, then climbed by 9.44% to $28.1 million in 2023, then fell by 16.29% to $23.6 million in 2024, then advanced by 5.92% to $24.9 million in 2025, then increased by 1.18% to $25.2 million in 2026.
- Business Quant data shows GOOD's Operating Expenses at $25.2 million in Q1 2026, $24.9 million in Q4 2025, and $26.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.04 Bn | 28.60 Bn | 1.05 Bn | 315.61 Mn |
| 2 | W. P. Carey | 16.30 Bn | 16.30 Bn | 441.59 Mn | 297.54 Mn |
| 3 | Broadstone Net Lease | 4.04 Bn | 4.03 Bn | - | 70.36 Mn |
| 4 | Global Net Lease | 1.92 Bn | 1.77 Bn | - | 80.99 Mn |
| 5 | American Assets Trust | 1.39 Bn | 1.39 Bn | - | 83.18 Mn |
| 6 | Safehold | 1.10 Bn | -2.59 Bn | 113.88 Mn | 86.39 Mn |
| 7 | Cim | 1.05 Bn | 2.41 Bn | - | 85.94 Mn |
| 8 | Empire State Realty Trust | 821.84 Mn | 821.84 Mn | - | 335.61 Mn |
| 9 | CTO Realty Growth | 768.00 Mn | 768.00 Mn | 32.71 Mn | 32.69 Mn |
| 10 | Gladstone Commercial | 630.26 Mn | 630.26 Mn | - | 26.26 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 26.26 Mn |
| 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 |