GLADSTONE INVESTMENT CORPORATION\DE (GAIN) Form 10-Q — Aug 6, 2026
Gladstone Investment (GAIN) reported fiscal Q1 2027 results for the quarter ended June 30, 2026, with total investment income of $28.4 million, up 20% from $23.5 million a year earlier, driven by $5.6 million of success fee income versus $0.8 million in the prior-year quarter. Net investment income rose to $0.40 per share from $0.25. The quarter also included a $9.0 million realized loss from restructuring the Home Concepts Acquisition first lien term loan, cutting a $12.0 million cost basis to a new $3.0 million loan, plus $22.4 million of net unrealized depreciation led by common equity marks.
Key figures
- Eps
- 0.4
- Revenue
- 28355000
- Total Debt
- 578650000
- Revenue Yoy
- 20.4%
- Cash Position
- 3593000
- Shares Outstanding
- 39821967
- Nav per share
- 16.24
- Success fee income
- 5591000
- Asset coverage ratio
- 208.8%
- Portfolio fair value
- 1282020000
- Portfolio company count
- 29
- Total investment return
- 10.52%
- Nii per share prior year
- 0.25
- Credit facility commitment
- 405000000
- N2 shelf remaining capacity
- 119300000
- Nav per share prior quarter
- 16.78
- Non accrual debt cost basis
- 40300000
- Realized loss home concepts
- 9000000
- Stock price vs nav discount
- 4.8%
- Non accrual pct of debt cost
- 5.5%
- Atm program remaining capacity
- 30800000
- Quarterly distributions per share
- 0.24
- Top5 investments pct of portfolio
- 42.9%
- Total investment income prior year
- 23544000
- Unrecognized contractual success fees
- 63800000
Price after filing
Close on the filing date to close N calendar days later (from $16.85). Historical, not a forecast.
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