Quarterly ResultMay 6, 2026, 04:25 PM
Gladstone Capital Q2 Net Investment Income $0.52/Share, Up 4%
AI Summary
Gladstone Capital Corporation reported its second fiscal quarter 2026 financial results, with net investment income increasing by 5.1% to $11.8 million, or $0.52 per common share. Total investment income rose 6.0% to $26.0 million, driven by higher other income from dividend and prepayment fees. Net asset value per common share increased by 1.1% to $21.36. The company also declared common and preferred stock distributions for the upcoming quarter and announced new investments totaling $45.2 million in April 2026.
Key Highlights
- Net investment income increased 5.1% to $11.8 million ($0.52 per common share) for Q2 2026.
- Total investment income rose 6.0% to $26.0 million, primarily due to a $2.2 million increase in other income.
- Net asset value per common share increased 1.1% to $21.36 as of March 31, 2026.
- Net increase in net assets from operations was $15.5 million ($0.68 per share), up 183.4%.
- Invested $34.0 million in three new portfolio companies and $9.6 million in existing ones during the quarter.
- Declared common stock distributions of $0.15 per share for April, May, and June 2026.
- Subsequent to quarter-end, invested $12.7 million in OneSource and $32.5 million in SWECO in April 2026.