NASDAQ$GAIN

Gladstone Investment Corporation · Q1 2026 earnings

Q1 2026 earnings · · After market close · Investor relations

Briefing

Gladstone Investment Corporation reported Q1 2026 results with net investment income of $15.9 million offset by unrealized depreciation leading to a net decrease in net assets of $11.9 million.

The company generated investment income of $28.4 million during the quarter. Net investment income reached $15.9 million or $0.40 per share, while net unrealized depreciation of $18.8 million resulted in a net decrease in net assets of $11.9 million or $0.30 per share. Net asset value per share stood at $16.24 as of June 30, 2026.

  • Net investment income totaled $15.9 million ($0.40 per share) for the quarter.
  • Unrealized depreciation of $18.8 million drove a net decrease in net assets of $11.9 million ($0.30 per share).
  • Investment income increased 20% year-over-year to $28.4 million, aided by higher success fees.
  • NAV per common share was $16.24 with total assets of $1.30 billion at quarter end.

Headline financials

Total Revenue

-$8.5M

Previous: -$6.48M-31.2%
EPS (adj)

-$0.30

Previous: $0.34-188.2%
Net Asset Value per Common Share

$16.24

No prior period
Net Income

$7.77M

Previous: -$6.53M+219.1%
Operating Income

-$15.2M

Previous: -$13.5M-11.9%
Cash & Equivalents

$4.12M

Previous: $2.44M+68.6%
Total Assets

$1.05B

Previous: $914M+15.3%

Revenue & EPS history

Gladstone Investment · Revenue · Quarterly

-$8.5M

Q1 2026+31.2%vs Q1 2025
Beat estimate in 3 of 14 quarters(21%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 16 quarterly earnings reports

Historical avg

-0.7%

Avg return

Earnings day

+0.6%

Avg return

5 days after

-1.1%

Avg return

30 days after

35%

6 / 17 earnings

Positive

+6.7%

Q2 2024

Best reaction

-8.5%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026
Q4 2026-7.1%-3.7%-9.3%
Q3 2026+2.2%+1.5%-1.7%
Q2 2026-0.2%+1.2%+1.1%
Q3 2025+4.0%+4.7%-0.9%
Q2 2025-1.6%-0.6%+0.9%
Q1 2025-8.5%-6.0%-6.5%
Q4 2024-1.6%-0.3%-0.3%
Q3 2024-3.9%-1.1%-0.9%
Q2 2024+6.7%+9.9%+8.0%
Q1 2024-2.5%-1.5%-4.1%
Q4 2023-3.3%-2.2%-3.3%
Q3 2023+6.2%+2.5%+0.8%
Q2 2023+5.9%+8.1%+9.5%
Q1 2023+2.4%+2.1%-4.7%
Q4 2022-4.7%-0.6%-4.9%
Q3 2022-1.1%-1.2%-8.4%
Q4 2021-5.2%-2.0%+6.7%

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