Gladstone Commercial (GOOD) Property Operating Expenses (2009 - 2026)
Gladstone Commercial (GOOD) posted Property Operating Expenses of $7.45 million for Q3 2026, up 0.5% from $7.41 million a year earlier and up 4.0% from the prior quarter.
Gladstone Commercial (GOOD) Property Operating Expenses (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Property Operating Expenses at Gladstone Commercial was $28.7 million, up 0.3% year-over-year; for FY2025, it came in at $28.63 million, up 12.6% from FY2024.
- Annual Property Operating Expenses shows a five-year compound annual growth rate of 1.9% (FY2020 to FY2025).
- In prior years, Gladstone Commercial's Property Operating Expenses was $25.42 million in FY2024 (-1.7%), $25.86 million in FY2023 (-3.6%), $26.83 million in FY2022 (-1.0%) and $27.1 million in FY2021 (+4.2%).
- The Q3 2026 figure stands as the highest quarterly Property Operating Expenses in data going back to Q2 2010.
- On a year-over-year basis, Property Operating Expenses increased in seven of the last eight quarters, with growth averaging 10.1%.
- The strongest year-over-year quarter for Property Operating Expenses in the past five years was Q4 2024, with growth of 26.4%; the weakest was Q4 2023, with a decline of 17.0%.
- According to Business Quant data, Property Operating Expenses for the three prior quarters was $7.16 million (Q2 2026), $7.04 million (Q1 2026) and $7.06 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Property Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | 2.25 Bn |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | 511.72 Mn |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | 180.83 Mn |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn | 333.19 Mn |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - | 122.39 Mn |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn | 1.10 Bn |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn | 158.13 Mn |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - | 245.28 Mn |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn | 238.84 Mn |
| 10 | Gladstone Commercial | 484.31 Mn | 614.46 Mn | - | 7.45 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.45 Mn |
| Jun 30, 2026 | 7.16 Mn |
| Mar 31, 2026 | 7.04 Mn |
| Dec 31, 2025 | 7.06 Mn |
| Sep 30, 2025 | 7.41 Mn |
| Jun 30, 2025 | 7.26 Mn |
| Mar 31, 2025 | 6.90 Mn |
| Dec 31, 2024 | 7.05 Mn |
| Sep 30, 2024 | 6.68 Mn |
| Jun 30, 2024 | 5.81 Mn |
| Mar 31, 2024 | 5.88 Mn |
| Dec 31, 2023 | 5.57 Mn |
| Sep 30, 2023 | 6.82 Mn |
| Jun 30, 2023 | 6.74 Mn |
| Mar 31, 2023 | 6.73 Mn |
| Dec 31, 2022 | 6.71 Mn |
| Sep 30, 2022 | 6.54 Mn |
| Jun 30, 2022 | 6.96 Mn |
| Mar 31, 2022 | 6.62 Mn |
| Dec 31, 2021 | 6.82 Mn |
Gladstone Commercial Property Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=property-operating-expenses&ticker=GOOD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-operating-expenses", "ticker": "GOOD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=property-operating-expenses&ticker=GOOD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();