)

Gladstone Investment (GAIN) investor relations material
Gladstone Investment Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Net investment income for the quarter was $9.1 million ($0.25/share), up 25.7% sequentially but down 26.8% year-over-year, with a net increase in net assets from operations of $7.8 million, reversing a prior year loss.
Total investment income for the quarter was $23.5 million, down 14.5% sequentially but up 6.2% year-over-year, driven by higher interest and dividend/success fee income.
Portfolio fair value reached $1.04 billion, up from $979 million, with investments in 28 operating businesses after three new investments totaling $130 million in the quarter and subsequent period.
Paid $0.78 per share in distributions, including a $0.54 supplemental distribution from realized capital gains.
Since inception, invested in 64 buyout companies, exited 33, and generated $353 million in net realized gains.
Financial highlights
Net asset value per share declined to $12.99 from $13.55, mainly due to distributions and unrealized depreciation.
Adjusted net investment income per share was $0.24, down from $0.26 in the prior quarter.
Aggregate cash distributions to stockholders totaled $28.8 million for the quarter.
Weighted-average yield on interest-bearing investments was 14.1%.
Net unrealized depreciation of $1.3 million was recorded, with the portfolio fair valued at 103.9% of cost.
Outlook and guidance
Board declared monthly distributions of $0.08 per share for July, August, and September 2025, and $0.24 per share in monthly distributions for Q3 2025.
Management expects continued focus on lower middle market buyouts and maintaining a portfolio mix of ~75% debt and ~25% equity at cost.
Subsequent to quarter-end, $67.6 million was invested in a new portfolio company and $12.1 million in net proceeds were raised via ATM equity sales.
Management remains optimistic for continued buyout activity and earnings growth for the remainder of the fiscal year.
Forward-looking statements caution about risks and uncertainties affecting future results and distributions.
Next Gladstone Investment earnings date

Next Gladstone Investment earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage