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GLADSTONE INVESTMENT CORPORATION\DE

Company overview

Market capitalization
$625.60M
Employees
0
Latest publication
2026-09-29
About GLADSTONE INVESTMENT CORPORATION\DE

Gladstone Investment Corporation is business development company, specializes in lower middle market, mature stage, buyouts; refinancing existing debt; senior debt securities such as senior loans, senior term loans, lines of credit, and senior notes; senior subordinated debt securities such as senior subordinated loans and senior subordinated notes; junior subordinated debt securities such as subordinated notes and mezzanine loans; limited liability company interests, and warrants or options. The fund does not invest in start-ups. The fund seeks to invest in manufacturing, consumer products and business/consumer services sector. It seeks to invest in small and mid-sized companies based in the United States. The fund prefers to make debt investments between $5 million and $30 million and equity investments between $10 million and $40 million in companies. The fund invests in companies with EBITDA from $4 million to $15 million. It seeks minority equity ownership and prefers to hold a board seat in its portfolio companies. It also prefers to take majority stake in its portfolio companies. The fund typically holds the investments for seven years and exits via sale or recapitalization, initial public offering, or sale to third party.

Company website

Financial statements

Income Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ4 20262026-03-31 · USDQ3 20262025-12-31 · USDQ2 20262025-09-30 · USDQ1 20262025-06-30 · USDQ4 20252025-03-31 · USDQ3 20252024-12-31 · USDQ2 20252024-09-30 · USDQ1 20252024-06-30 · USD
Total Revenue8,513,000USD19,221,000USD1,436,000USD4,370,000USD25,741,000USD42,070,000USD21,883,000USD186,000USD
Cost Of Revenue————8,982,000USD6,385,000USD6,399,000USD6,480,000USD
Gross Profit————16,759,000USD35,685,000USD15,484,000USD-6,294,000USD
Selling General Administrative————1,762,000USD1,760,000USD2,236,000USD2,450,000USD
Unclassified Operating Expenses————-2,876,000USD-4,565,000USD-2,234,000USD-2,218,000USD
Total Operating Expenses————-1,114,000USD-2,805,000USD2,000USD232,000USD
Operating Income————17,873,000USD38,490,000USD15,482,000USD-6,526,000USD
Interest Income————21,463,000USD20,528,000USD20,996,000USD20,625,000USD
Interest Expense————8,982,000USD6,385,000USD6,399,000USD6,480,000USD
Net Interest Income————12,481,000USD14,143,000USD14,597,000USD14,145,000USD
Income Before Tax————17,873,000USD38,490,000USD15,482,000USD-6,526,000USD
Income Tax Expense————-19,525,000USD——19,525,000USD
Net Income————17,873,000USD38,490,000USD15,482,000USD-6,526,000USD
Net Income From Continuing Ops————17,873,000USD38,490,000USD15,482,000USD-6,526,000USD
Ebit————-57,989,000USD——20,110,000USD
Ebitda————17,873,000USD38,490,000USD15,482,000USD-6,526,000USD
Depreciation And Amortization————19,525,000USD——-19,525,000USD
Total Other Income Expense Net————10,389,000USD19,722,000USD-3,278,000USD-8,373,000USD
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Income Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20262026-03-31 · USDFY 20252025-03-31 · USDFY 20242024-03-31 · USDFY 20232023-03-31 · USDFY 20222022-03-31 · USDFY 20212021-03-31 · USDFY 20202020-03-31 · USDFY 20192019-03-31 · USD
Total Revenue71,482,000USD89,880,000USD103,169,000USD32,655,000USD99,149,000USD48,728,000USD8,006,000USD105,379,000USD
Cost Of Revenue57,630,000USD28,246,000USD24,121,000USD-27,621,000USD35,782,000USD19,563,000USD15,215,000USD6,147,000USD
Gross Profit13,852,000USD61,634,000USD79,048,000USD32,655,000USD99,149,000USD48,728,000USD8,006,000USD99,232,000USD
Selling General Administrative6,137,000USD8,208,000USD6,152,000USD6,997,000USD3,237,000USD3,554,000USD6,424,000USD6,121,000USD
Unclassified Operating Expenses-218,059,000USD-11,893,000USD-12,409,001USD-9,889,000USD-9,566,001USD—8,816,000USD11,520,999USD
Total Operating Expenses-211,922,000USD-3,685,000USD-6,257,000USD-2,892,000USD-6,329,000USD3,947,000USD15,240,000USD17,642,000USD
Operating Income225,774,000USD65,319,000USD85,305,000USD51,424,000USD118,556,000USD44,781,000USD3,026,000USD81,590,000USD
Interest Income89,741,000USD83,612,000USD81,794,000USD60,276,000USD59,649,000USD47,164,000USD49,554,000USD49,632,000USD
Interest Expense41,021,000USD28,246,000USD24,121,000USD15,877,000USD13,078,000USD4,440,000USD3,958,000USD6,147,000USD
Net Interest Income52,601,000USD55,366,000USD57,673,000USD44,399,000USD46,571,000USD42,724,000USD45,596,000USD43,485,000USD
Income Before Tax184,753,000USD65,319,000USD85,305,000USD35,547,000USD105,478,000USD44,781,000USD-7,234,000USD81,590,000USD
Net Income184,753,000USD65,319,000USD85,305,000USD35,547,000USD105,478,000USD44,781,000USD-17,494,000USD81,590,000USD
Net Income From Continuing Ops184,753,000USD65,319,000USD85,305,000USD37,000,000USD102,316,000USD42,454,000USD-7,234,000USD81,590,000USD
Ebitda225,774,000USD65,319,000USD85,305,000USD51,424,000USD43,656,000USD30,857,000USD3,026,000USD82,090,000USD
Total Other Income Expense Net-41,021,000USD—37,102,000USD-15,877,000USD-13,078,000USD-4,440,000USD-10,260,000USD71,045,000USD
Research Development——1USD0USD1USD1USD0USD1USD
Income Tax Expense——48,203,000USD54,679,000USD3,162,000USD2,327,000USD10,260,000USD13,500,000USD
Ebit——85,305,000USD51,424,000USD118,556,000USD44,781,000USD3,026,000USD81,590,000USD
Depreciation And Amortization——-48,203,000USD-54,679,000USD-74,900,000USD-13,924,000USD-39,911,000USD500,000USD
Net Income Applicable To Common Shares———35,547,000USD102,316,000USD42,454,000USD-7,234,000USD81,590,000USD
Tax Provision——————10,260,000USD13,500,000USD
Reconciled Depreciation———————500,000USD
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Balance sheet Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ1 20272026-06-30 · USDQ4 20262026-03-31 · USDQ3 20262025-12-31 · USDQ2 20262025-09-30 · USDQ1 20262025-06-30 · USDQ4 20252025-03-31 · USDQ3 20252024-12-31 · USDQ2 20252024-09-30 · USD
Total Assets1,303,016,000USD1,322,845,000USD1,236,619,000USD1,144,439,000USD1,053,909,000USD1,087,760,000USD868,780,000USD868,780,000USD
Total Liabilities656,203,000USD654,620,000USD641,211,000USD608,596,000USD568,605,000USD———
Total Stockholder Equity646,813,000USD668,225,000USD595,408,000USD535,843,000USD485,304,000USD490,053,000USD458,375,000USD458,375,000USD
Total Equity Including Noncontrolling Interest646,813,000USD668,225,000USD595,408,000USD535,843,000USD485,304,000USD———
Common Stock40,000USD40,000USD40,000USD40,000USD37,000USD37,000USD37,000USD37,000USD
Retained Earnings160,359,000USD181,468,000USD108,702,000USD52,249,000USD32,827,000USD-21,460,000USD-16,660,000USD-16,660,000USD
Cash And Equivalents————4,118,000USD———
Total Liab—————597,707,000USD410,405,000USD410,405,000USD
Other Current Liab—————-455,709,000USD-410,135,000USD-294,109,000USD
Capital Stock—————37,000USD37,000USD37,000USD
Other Assets—————985,668,000USD6,138,000USD5,892,000USD
Cash—————2,569,000USD2,025,000USD2,025,000USD
Cash And Short Term Investments—————2,569,000USD2,025,000USD2,025,000USD
Total Current Assets—————12,115,000USD11,488,000USD11,488,000USD
Total Current Liabilities—————5,648,000USD30,695,000USD30,695,000USD
Net Debt—————543,989,000USD339,010,000USD339,010,000USD
Short Term Debt—————455,709,000USD455,058,000USD332,135,000USD
Short Long Term Debt Total—————546,558,000USD341,035,000USD341,035,000USD
Long Term Investments—————979,320,000USD1,072,230,000USD853,307,000USD
Net Receivables—————9,546,000USD9,463,000USD9,463,000USD
Accounts Payable—————5,648,000USD30,695,000USD30,695,000USD
Common Stock Shares Outstanding—————36,735,218shares36,727,873shares36,688,667shares
Non Current Assets Total—————1,075,645,000USD857,292,000USD857,292,000USD
Non Current Liabilities Total—————592,059,000USD379,710,000USD379,710,000USD
Non Currrent Assets Other—————1,075,645,000USD857,292,000USD857,292,000USD
Unclassified Non Current Assets—————-1,964,988,000USD-1,078,368,000USD-859,199,000USD
Unclassified Current Liabilities—————-455,709,000USD-455,058,000USD-332,135,000USD
Unclassified Non Current Liabilities—————592,059,000USD379,710,000USD379,710,000USD
Unclassified Equity—————511,439,000USD424,472,000USD474,961,000USD
Other Current Assets——————-2,723,000USD-2,556,000USD
Accumulated Other Comprehensive Income——————50,489,000USD—
Short Term Investments———————649,000USD
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Balance sheet Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20262026-03-31 · USDFY 20252025-03-31 · USDFY 20242024-03-31 · USDFY 20232023-03-31 · USDFY 20222022-03-31 · USDFY 20212021-03-31 · USDFY 20202020-03-31 · USDFY 20192019-03-31 · USD
Total Assets1,322,845,000USD1,006,404,000USD938,083,000USD765,644,000USD740,412,000USD643,731,000USD576,377,000USD635,100,000USD
Total Liabilities654,620,000USD———————
Total Stockholder Equity668,225,000USD499,084,000USD492,711,000USD439,742,000USD445,830,000USD382,364,000USD369,031,000USD407,110,000USD
Total Equity Including Noncontrolling Interest668,225,000USD———————
Common Stock40,000USD37,000USD37,000USD34,000USD33,000USD33,000USD33,000USD33,000USD
Retained Earnings181,468,000USD-5,325,000USD-19,562,000USD-5,527,000USD-12,995,000USD-18,465,000USD6,370,000USD-7,343,000USD
Total Liab—507,320,000USD445,372,000USD325,902,000USD294,582,000USD261,367,000USD207,346,000USD227,990,000USD
Other Current Liab—-455,709,000USD42,071,000USD-3,095,000USD255,452,999USD16,832,000USD-1,222,000USD25,068,000USD
Capital Stock—37,000USD37,000USD34,000USD33,000USD33,000USD33,000USD33,000USD
Other Assets—985,668,000USD1USD6,380,000USD2,378,000USD3,307,000USD3,475,000USD1,500,000USD
Cash—14,298,000USD2,460,000USD2,683,000USD14,190,000USD2,061,999USD2,778,000USD1,702,000USD
Cash And Short Term Investments—14,298,000USD2,460,000USD2,683,000USD14,190,000USD2,061,999USD2,778,000USD1,702,000USD
Total Current Assets—22,771,000USD13,514,000USD5,721,000USD23,638,000USD7,531,000USD6,978,000USD5,795,000USD
Total Current Liabilities—6,170,000USD4,197,000USD257,436,000USD2,989,000USD17,395,000USD1,222,000USD892,000USD
Net Debt—441,411,000USD395,885,000USD289,924,000USD247,158,000USD241,526,001USD51,518,000USD56,394,000USD
Short Term Debt—455,709,000USD331,345,000USD257,436,000USD256,252,000USD123,883,000USD5,096,000USD—
Short Long Term Debt Total—455,709,000USD398,345,000USD550,043,000USD261,348,000USD243,588,000USD183,456,000USD58,096,000USD
Long Term Investments—979,320,000USD920,504,000USD753,543,000USD714,396,000USD633,829,000USD565,924,000USD624,172,000USD
Short Term Investments—84,797,000USD—753,543,000USD442,124,000USD———
Net Receivables—8,473,000USD11,054,000USD6,937,000USD9,448,000USD3,369,000USD4,200,000USD4,093,000USD
Accounts Payable—6,170,000USD4,197,000USD3,095,000USD2,989,000USD563,000USD1,222,000USD892,000USD
Common Stock Shares Outstanding—36,735,218shares34,466,724shares33,311,785shares33,205,023shares33,176,760shares32,865,840shares32,807,597shares
Non Current Assets Total—983,633,000USD924,569,000USD753,543,000USD716,774,000USD636,200,000USD565,924,000USD629,305,000USD
Non Current Liabilities Total—501,150,000USD441,175,000USD68,466,000USD291,593,000USD243,972,000USD54,296,000USD227,098,000USD
Non Currrent Assets Other—983,633,000USD924,569,000USD-765,644,000USD716,774,000USD2,371,000USD-576,377,000USD615,996,000USD
Unclassified Current Assets—-84,797,000USD—-763,728,000USD-466,067,000USD—-8,760,000USD-8,198,000USD
Unclassified Non Current Assets—-1,964,988,000USD-920,504,001USD—-716,774,000USD——-612,363,000USD
Unclassified Current Liabilities—-455,709,000USD-373,416,000USD-3,095,000USD-511,704,999USD-123,883,000USD-5,096,000USD-25,068,000USD
Unclassified Non Current Liabilities—501,150,000USD441,175,000USD-224,706,000USD290,368,000USD242,229,000USD-139,963,000USD23,338,000USD
Unclassified Equity—504,335,000USD445,985,000USD412,259,000USD413,611,000USD400,763,000USD491,755,000USD379,904,000USD
Other Current Assets——-14,274,000USD-10,185,000USD-23,943,000USD2,100,001USD-8,760,000USD-8,198,000USD
Accumulated Other Comprehensive Income——66,214,000USD32,942,000USD45,148,000USD0USD-129,160,000USD34,483,000USD
Long Term Debt———292,607,000USD——178,360,000USD186,578,000USD
Inventory———6,286,000USD23,943,000USD2USD8,760,000USD8,198,000USD
Non Current Liabilities Other———565,000USD————
Net Tangible Assets———439,742,000USD445,830,000USD382,364,000USD369,031,000USD407,110,000USD
Deferred Long Term Liab————895,000USD1,359,000USD991,000USD1,730,000USD
Other Liab————330,000USD384,000USD14,908,000USD15,452,000USD
Current Deferred Revenue————-253,263,000USD-122,729,000USD-3,874,000USD-186,578,000USD
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Cash flow Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ1 20272026-06-30 · USDQ4 20262026-03-31 · USDQ3 20262025-12-31 · USDQ2 20262025-09-30 · USDQ1 20262025-06-30 · USDQ4 20252025-03-31 · USDQ3 20252024-12-31 · USDQ2 20252024-09-30 · USD
Net Income-11,855,000USD36,481,000USD-35,180,000USD28,709,000USD—17,873,000USD38,490,000USD15,482,000USD
Unclassified Operating Cash Flow20,042,000USD——54,452,000USD—-29,177,000USD56,271,000USD—
Change To Liabilities1,704,000USD———791,000USD———
Change In Working Capital-124,000USD20,099,000USD-2,466,000USD3,835,000USD1,177,000USD488,000USD7,838,000USD386,000USD
Operating Cash Flow8,063,000USD———-50,181,000USD———
Common Dividends Paid-9,557,000USD———-28,788,000USD———
Unclassified Financing Cash Flow2,702,000USD-27,138,000USD-41,179,000USD-57,973,000USD69,170,000USD-123,899,000USD——
Financing Cash Flow-6,855,000USD———40,382,000USD———
Change In Cash1,208,000USD-511,000USD-167,176,000USD-3,118,000USD-9,799,000USD12,007,000USD473,000USD-516,000USD
End Cash Flow3,593,000USD———5,355,000USD———
Depreciation—-39,101,000USD-123,640,000USD-54,452,000USD—29,177,000USD-56,271,000USD629,000USD
Other Non Cash Items—-6,712,000USD25,628,000USD-23,602,000USD—18,244,000USD-36,590,000USD46,666,000USD
Change To Account Receivables—-296,000USD96,000USD36,000USD—618,000USD-83,000USD-23,000USD
Total Cash From Operating Activities—10,767,000USD-135,658,000USD8,942,000USD—36,605,000USD9,738,000USD63,163,000USD
Capital Expenditures—0USD0USD0USD—0USD0USD0USD
Free Cash Flow—144,889,000USD-135,658,000USD8,942,000USD—36,605,000USD9,738,000USD63,163,000USD
Total Cashflows From Investing Activities—6,050,000USD-39,763,000USD-69,600,000USD—76,075,000USD-181,594,000USD28,884,000USD
Net Borrowings—-9,153,000USD16,150,000USD35,700,000USD—-91,500,000USD209,100,000USD-54,800,000USD
Total Cash From Financing Activities—-17,328,000USD8,245,000USD57,540,000USD—-100,673,000USD172,329,000USD-63,679,000USD
Dividends Paid—-9,557,000USD-38,077,000USD-9,289,000USD—-8,842,000USD-34,499,000USD-8,805,000USD
Issuance Of Capital Stock—0USD2,744,000USD31,562,000USD—0USD2,029,000USD0USD
Begin Period Cash Flow—2,896,000USD2,237,000USD5,355,000USD—3,147,000USD2,674,000USD3,190,000USD
End Period Cash Flow—2,385,000USD-164,939,000USD2,237,000USD—15,154,000USD3,147,000USD2,674,000USD
Other Cashflows From Investing Activities—2,381,000USD———65,459,000USD——
Other Cashflows From Financing Activities—28,520,000USD68,607,000USD57,540,000USD—123,568,000USD-4,301,000USD-74,000USD
Unclassified Investing Cash Flow—3,669,000USD-39,763,000USD-69,600,000USD—10,616,000USD-181,594,000USD28,884,000USD
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Cash flow Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20262026-03-31 · USDFY 20252025-03-31 · USDFY 20242024-03-31 · USDFY 20232023-03-31 · USDFY 20222022-03-31 · USDFY 20212021-03-31 · USDFY 20202020-03-31 · USDFY 20192019-03-31 · USD
Change To Liabilities323,000USD———236,000USD-521,000USD330,000USD-24,000USD
Change In Working Capital882,000USD5,352,000USD9,675,000USD2,267,000USD10,354,000USD-5,999,000USD-17,191,000USD33,118,000USD
Operating Cash Flow-101,608,000USD———————
Common Dividends Paid-57,162,000USD———————
Unclassified Financing Cash Flow146,001,000USD—44,508,000USD-102,500,000USD-246,250,000USD-252,066,000USD-188,300,000USD83,523,000USD
Financing Cash Flow88,839,000USD———————
Change In Cash-12,769,000USD11,934,000USD-28,000USD-11,247,000USD12,097,000USD-1,662,000USD455,000USD-362,000USD
End Cash Flow2,385,000USD———————
Net Income—65,319,000USD85,305,000USD35,547,000USD102,316,000USD42,454,000USD-7,234,000USD81,590,000USD
Depreciation—25,960,000USD-33,301,000USD12,223,000USD-74,900,000USD-13,942,000USD-51,082,000USD500,000USD
Other Non Cash Items—43,254,000USD-8,994,000USD-54,541,000USD-1,171,000USD-52,245,000USD110,816,000USD-21,593,000USD
Change To Account Receivables—1,297,000USD-4,117,000USD2,511,000USD-131,000USD16,000USD-621,000USD752,000USD
Total Cash From Operating Activities—113,925,000USD85,986,000USD-4,504,000USD36,599,000USD-29,732,000USD35,309,000USD93,615,000USD
Capital Expenditures—0USD0USD0USD0USD0USD0USD0USD
Free Cash Flow—113,925,000USD85,986,000USD-4,504,000USD36,599,000USD-29,732,000USD35,309,000USD93,615,000USD
Total Cashflows From Investing Activities—-97,617,000USD-155,924,000USD-98,223,000USD-42,720,000USD-64,225,000USD-89,184,000USD17,501,000USD
Net Borrowings—59,500,000USD106,550,000USD35,200,000USD112,150,000USD101,138,000USD-3,800,000USD-54,000,000USD
Total Cash From Financing Activities—-4,374,000USD69,910,000USD-6,743,000USD-24,502,000USD28,070,000USD-34,854,000USD-93,977,000USD
Dividends Paid—-60,951,000USD-76,061,000USD-47,050,000USD-38,850,000USD-30,858,000USD-33,920,000USD-30,516,000USD
Issuance Of Capital Stock—2,029,000USD44,508,000USD5,492,000USD467,000USD21,048,000USD3,131,000USD76,623,000USD
Begin Period Cash Flow—3,220,000USD3,248,000USD14,495,000USD2,398,000USD4,060,000USD3,605,000USD3,967,000USD
End Period Cash Flow—15,154,000USD3,220,000USD3,248,000USD14,495,000USD2,398,000USD4,060,000USD3,605,000USD
Other Cashflows From Investing Activities—145,192,000USD————145,449,000USD—
Other Cashflows From Financing Activities—-4,928,000USD-5,087,000USD102,115,000USD242,819,000USD267,356,000USD188,035,000USD-11,334,000USD
Unclassified Operating Cash Flow—-25,960,000USD33,301,000USD—————
Unclassified Investing Cash Flow—-242,809,000USD-155,924,000USD-98,223,000USD-42,720,000USD-64,225,000USD-234,633,000USD17,501,000USD
Sale Purchase Of Stock——0USD5,492,000USD-94,371,000USD-57,500,000USD3,131,000USD-81,650,000USD
Change To Inventory———-244,000USD5,373,000USD377,000USD—-752,000USD
Cash And Cash Equivalents Changes———5,492,000USD————
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Cash flow YTD

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ3 20262025-12-31 · USDQ2 20262025-09-30 · USD
Change To Liabilities471,000USD-439,000USD
Change In Working Capital1,343,000USD38,000USD
Operating Cash Flow-118,425,000USD-110,839,000USD
Common Dividends Paid-47,605,000USD-38,077,000USD
Unclassified Financing Cash Flow153,772,000USD135,999,000USD
Financing Cash Flow106,167,000USD97,922,000USD
Change In Cash-12,258,000USD-12,917,000USD
End Cash Flow2,896,000USD2,237,000USD
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Operating metrics

No operating metrics are currently published for this company.

Revenue breakdown

No revenue breakdown is currently published for this company.

Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.