)
Global Medical REIT (GMRE) investor relations material
Global Medical REIT Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Management completed its first full quarter, focusing on internal earnings growth, disciplined capital allocation, and external growth opportunities.
Net loss attributable to common stockholders was $6.0 million ($0.45 per share) for Q3 2025, compared to net income of $1.8 million in Q3 2024, mainly due to a $6.3 million impairment charge on a sold facility in Aurora, IL.
FFO increased 4% year-over-year to $14.5 million ($1.00 per share and unit); AFFO also rose 4% to $16.2 million ($1.12 per share and unit).
Portfolio posted 2.7% same-store NOI growth and 95.2% leased occupancy at quarter-end.
Strategic plan in development to deliver outsized shareholder returns, with more details to be shared in the future.
Financial highlights
Rental revenue for Q3 2025 increased to $37.0 million, up from $34.2 million year-over-year, driven by acquisitions.
Total expenses for Q3 2025 were $36.3 million, up from $32.7 million in Q3 2024, reflecting higher G&A, interest, and acquisition-related costs.
Net loss for Q3 2025 was $5.1 million, compared to net income of $3.4 million in Q3 2024.
FFO per share and unit was $1.00; AFFO per share and unit was $1.12, both up 4% year-over-year.
Dividends per share were reduced to $0.75 in Q3 2025 from $1.05 in Q3 2024.
Outlook and guidance
Full-year 2025 AFFO per share and unit guidance narrowed to $4.50–$4.60.
Occupancy expected to trend toward 96% by year-end, up from 95.2% at quarter-end.
Capex and leasing costs projected to land within the full-year guidance range of $12–$14 million.
Dividend reduction is intended to strengthen the balance sheet and support future growth.
Guidance assumes no additional acquisitions/dispositions or equity/debt issuances beyond those already completed or announced.
Next Global Medical REIT earnings date
Next Global Medical REIT earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)