Gladstone Investment Corporation Reports Financial Results for its First Quarter Ended June 30, 2026
Gladstone Investment reported Q1 net investment income of $15.9 million, or $0.40 per share, reversing a prior-year loss, while adjusted NII per share rose 30% to $0.26. Net assets fell 3.2% to $16.24 per share, driven by an $18.8 million unrealized depreciation on investments and a $9.0 million realized loss from restructuring a loan to Home Concepts. The company strengthened its balance sheet by repaying $127.9 million of notes and amending its credit facility to $405 million with a reduced spread and extended maturity to 2031.
Key figures
- Eps
- 0.4
- Revenue
- $28.355 million
- Nav per share
- 16.24
- Portfolio yield
- 12.9%
- Adjusted nii per share
- 0.26
- Credit facility commitment
- 405000000
- Total distributable earnings per share
- 4.03
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