MARKETS / NASDAQ / GLAD
NASDAQ · SMALL CAP

Gladstone Capital Corp. GLAD

5 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY3 YEARS OF DIVIDEND GROWTH
Dividend streak
3 yrs
Raised every year since 2023
EPS · FY25
Dividend / sh · FY25
$2.48
Payout · FY25
97%
ROE · FY25
12.0%
Net margin · FY25
Dividend coverage
1.1×
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Result
Revenue, FY2025 · full 5-year series below
Revenue Net income
2.5e-105e-107.5e-101e-090.1202120242025
2.5e-105e-107.5e-101e-090.1202120242025

Per share
Diluted EPS, FY2025
EPS Dividend
1232.48202120242025
1232.48202120242025

Earnings covered the dividend 1.1 times — the rest stayed in the company.

Profitability
12.0%
Return on equity, FY2025
ROE
816243212.0%202120242025
816243212.0%202120242025
Operating margin
Net margin
Return on assets6.6%

Each USD of equity produced 12 cents of profit this year.

Returned to shareholders
USD 55.5M
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 55.5M
Net buybacks
Share of profit97.0%
Consecutive raises3 years

USD 55.5M in dividends — 97% 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
+42.1%
EPS, diluted
+38.7%
Dividend / share
+46.1%
Returned to shareholders
+26.6%

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

Share base
0.02B
Shares outstanding, FY2025
0.020.02202120242025
0.020.02202120242025
Change, 5 years+43.1%
Change, 10 years+113.8%

The share count grew 43% in five years — the same company, cut into more, smaller slices.

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Balance sheet
USD 907.6M
total assets, end of FY2025
Total assetsUSD 907.6M
EquityUSD 482.0M
CashUSD 32.4M
Gross debtUSD 397.9M
Net debtUSD 365.5M

Net debt stands at 76% of equity.

History
5 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
Revenue $B
·
·
·
·
·
Operating income $B
·
·
·
·
·
EBITDA $B
·
·
·
·
·
Income tax $B
0.0
0.0
0.0
0.0
0.0
Net income $B
0.1
0.1
0.0
0.0
0.1
EPS, diluted $
·
2.11
2.20
1.88
0.79
Dividend / sh $
2.48
1.98
1.89
0.80
·
Payout %
97
46
83
137
31
ROE %
12.0
21.5
11.8
6.3
30.5
Shares out B
0.02
0.02
0.02
0.02
0.02

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

How we verifyAUDITED
4 of 8
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 3 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