MARKETS / NASDAQ / GAIN
NASDAQ · SMALL CAP

Gladstone Investment Corporation\de GAIN

6 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
EPS · FY25
Dividend / sh · FY25
$1.50
Payout · FY25
31%
ROE · FY25
31.7%
Net margin · FY25
Dividend coverage
0.5×
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Result
Revenue, FY2025 · full 6-year series below
Revenue Net income
2.5e-105e-107.5e-101e-090.2202020232025
2.5e-105e-107.5e-101e-090.2202020232025

Per share
Diluted EPS, FY2025
EPS Dividend
0.81.62.41.50202020232025
0.81.62.41.50202020232025

Earnings covered only a fraction of the dividend — the rest came from cash or borrowing.

Profitability
31.7%
Return on equity, FY2025
ROE
816243231.7%202020232025
816243231.7%202020232025
Operating margin
Net margin
Return on assets15.9%

Each USD of equity produced 32 cents of profit this year.

Returned to shareholders
USD 57.2M
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 57.2M
Net buybacks
Share of profit30.9%
Consecutive raises

USD 57.2M in dividends — 31% of the year's profit went back to shareholders.

Growth
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Net income
+73.2%
+34.2%
EPS, diluted
+19.1%
Dividend / share
+2.1%
+10.0%
Returned to shareholders
+6.7%
+13.1%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.04B
Shares outstanding, FY2025
0.030.04202020232025
0.030.04202020232025
Change, 5 years+19.9%
Change, 10 years+31.6%

The share count grew 20% in five years — the same company, cut into more, smaller slices.

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Balance sheet
USD 1.3B
total assets, end of FY2025
Total assetsUSD 1.3B
EquityUSD 668.2M
CashUSD 2.4M
Gross debtUSD 564.5M
Net debtUSD 562.1M

Net debt stands at 84% of equity.

History
6 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
Revenue $B
·
·
·
·
·
·
Operating income $B
·
·
·
·
·
·
EBITDA $B
·
·
·
·
·
·
Income tax $B
0.0
0.0
0.0
0.0
0.0
0.0
Net income $B
0.2
0.1
0.1
0.0
0.1
0.0
EPS, diluted $
·
0.76
0.63
1.11
0.45
0.54
Dividend / sh $
1.50
1.66
2.20
1.41
1.17
0.93
Payout %
31
93
89
132
38
73
ROE %
31.7
13.2
18.3
8.0
24.7
11.3
Shares out B
0.04
0.04
0.04
0.03
0.03
0.03

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
5 of 10
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 4 failures and 1 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed