Quarterly ResultMay 6, 2026, 04:09 PM
Gladstone Capital Q1 Net Assets from Ops +75.7% to $15.46M
AI Summary
Gladstone Capital reported a significant increase in net assets resulting from operations for the three months ended March 31, 2026, rising 75.7% year-over-year to $15.46 million. Net investment income also grew by 5.3% to $11.84 million for the quarter. However, for the six months ended March 31, 2026, net assets from operations decreased by 41.5% to $20.91 million, primarily due to a lower net realized and unrealized gain compared to the prior year. The company's net asset value per common share slightly increased to $21.36 as of March 31, 2026.
Key Highlights
- Net assets from operations for Q1 2026 increased 75.7% to $15.46 million from $8.80 million in Q1 2025.
- Net investment income for Q1 2026 rose 5.3% to $11.84 million, up from $11.25 million in Q1 2025.
- Basic net assets from operations per common share for Q1 2026 increased to $0.68 from $0.39 in Q1 2025.
- Total investment income for Q1 2026 grew 20.5% to $25.99 million compared to $21.57 million in Q1 2025.
- Net asset value per common share was $21.36 as of March 31, 2026, a slight increase from $21.34 on September 30, 2025.
- Total assets increased to $925.07 million as of March 31, 2026, from $907.60 million on September 30, 2025.
- For the six months ended March 31, 2026, net assets from operations decreased 41.5% to $20.91 million.
- For the six months ended March 31, 2026, net realized and unrealized loss was $1.13 million, compared to a gain of $13.67 million in the prior year.