Gladstone Invt Corp Financials
This page shows Gladstone Invt Corp (GAIN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
A profit-to-cash disconnect sits alongside debt-funded asset expansion, making reported earnings a weaker guide to operating cash generation.
FY2026 paired net income of$184.8M with operating cash flow of-$101.6M , so accounting profit and cash generation moved in opposite directions. After positive operating cash flow in FY2025, the reversal indicates that the earnings jump did not arrive as immediately usable operating cash, whether because of timing or non-cash drivers.
Total assets expanded from
Retained earnings climbed from
Financial Health Signals
Gladstone Invt Corp does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Gladstone Invt Corp passes 3 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass.
For every $1 of reported earnings, Gladstone Invt Corp used $0.55 of operating cash (-$101.6M OCF vs $184.8M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Key Financial Metrics
Earnings & Revenue
Gladstone Invt Corp reported $184.8M in net income in fiscal year 2026. This represents an increase of 182.8% from the prior year.
Not reported for fiscal year 2026.
Not reported for fiscal year 2026.
Cash & Balance Sheet
Gladstone Invt Corp held $2.4M in cash against $564.5M in long-term debt as of fiscal year 2026.
Gladstone Invt Corp paid $1.50 per share in dividends in fiscal year 2026.
Not reported for fiscal year 2026.
Margins & Returns
Gladstone Invt Corp's ROE was 27.7% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is up 14.6 percentage points from the prior year.
Not reported for fiscal year 2026.
Not reported for fiscal year 2026.
Not reported for fiscal year 2026.
Capital Allocation
None of these metrics is reported for fiscal year 2026.
GAIN Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 |
|---|---|---|---|---|---|---|---|---|
| Net Income | -$11.9M | N/A | $65.9M+129.5% | $28.7M+269.4% | $7.8M | N/A | $38.5M+148.6% | $15.5M |
| EPS (Diluted) | -$0.30-114.3% | $2.10+26.5% | $1.66+121.3% | $0.75+257.1% | $0.21+10.5% | $0.19+533.3% | $0.03 | $0.20 |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, Interest Expense, Income Tax.
GAIN Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.3B-1.5% | $1.3B+7.0% | $1.2B+8.1% | $1.1B+8.6% | $1.1B+4.7% | $1.0B-7.5% | $1.1B+25.2% | $868.8M |
| Cash & Equivalents | $3.6M+50.6% | $2.4M-17.6% | $2.9M+29.5% | $2.2M-45.7% | $4.1M-71.2% | $14.3M+456.6% | $2.6M+26.9% | $2.0M |
| Total Liabilities | $656.2M+0.2% | $654.6M+2.1% | $641.2M+5.4% | $608.6M+7.0% | $568.6M+12.1% | $507.3M-15.1% | $597.7M+45.6% | $410.4M |
| Long-Term Debt | $570.8M+1.1% | $564.5M-1.3% | $571.8M+3.0% | $555.0M+7.0% | $518.6M+13.8% | $455.7M-16.6% | $546.6M+60.3% | $341.0M |
| Total Equity | $646.8M-3.2% | $668.2M+12.2% | $595.4M+11.1% | $535.8M+10.4% | $485.3M-2.8% | $499.1M+1.8% | $490.1M+6.9% | $458.4M |
| Retained Earnings | $160.4M-11.6% | $181.5M+66.9% | $108.7M+108.0% | $52.2M+59.2% | $32.8M-38.7% | $53.5M+20.4% | $44.5M+208.0% | $14.4M |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities.
GAIN Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $8.1M-52.1% | $16.8M+321.7% | -$7.6M+87.5% | -$60.7M-20.9% | -$50.2M-144.5% | $112.7M+165.6% | -$171.9M-372.1% | $63.2M |
| Financing Cash Flow | -$6.9M+60.4% | -$17.3M-310.2% | $8.2M-85.7% | $57.5M+42.5% | $40.4M+140.1% | -$100.7M-158.4% | $172.3M+370.6% | -$63.7M |
| Dividends Paid | $9.6M0.0% | $9.6M+0.3% | $9.5M+2.6% | $9.3M-67.7% | $28.8M+225.6% | $8.8M-74.4% | $34.5M+292.4% | $8.8M |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Investing Cash Flow, Share Buybacks.
GAIN Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | -1.8% | N/A | 11.1%+5.7pp | 5.4%+3.8pp | 1.6% | N/A | 7.8%+4.5pp | 3.4% |
| Return on Assets | -0.9% | N/A | 5.3%+2.8pp | 2.5%+1.8pp | 0.7% | N/A | 3.5%+1.8pp | 1.8% |
| Debt-to-Equity | 0.880.0x | 0.84-0.1x | 0.96-0.1x | 1.040.0x | 1.07+0.2x | 0.91-0.2x | 1.12+0.4x | 0.74 |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Current Ratio, FCF Margin.
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Where Gladstone Invt Corp Ranks
Frequently Asked Questions
Is Gladstone Invt Corp profitable?
Yes, Gladstone Invt Corp (GAIN) reported a net income of $184.8M in fiscal year 2026.
How much debt does Gladstone Invt Corp have?
As of fiscal year 2026, Gladstone Invt Corp (GAIN) had $2.4M in cash and equivalents against $564.5M in long-term debt.
Does Gladstone Invt Corp pay dividends?
Yes, Gladstone Invt Corp (GAIN) paid $1.50 per share in dividends during fiscal year 2026.
What is Gladstone Invt Corp's return on equity (ROE)?
Gladstone Invt Corp (GAIN) has a return on equity of 27.7% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Gladstone Invt Corp's operating cash flow?
Gladstone Invt Corp (GAIN) recorded an outflow of $101.6M in operating cash flow during fiscal year 2026, representing cash used by core business activities.
What are Gladstone Invt Corp's total assets?
Gladstone Invt Corp (GAIN) had $1.3B in total assets as of fiscal year 2026, including both current and long-term assets.
What is Gladstone Invt Corp's debt-to-equity ratio?
Gladstone Invt Corp (GAIN) had a debt-to-equity ratio of 0.84 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Gladstone Invt Corp's return on assets (ROA)?
Gladstone Invt Corp (GAIN) had a return on assets of 14.0% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Gladstone Invt Corp's Piotroski F-Score?
Gladstone Invt Corp (GAIN) has a Piotroski F-Score of 3 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Gladstone Invt Corp's earnings high quality?
For every $1 of reported earnings, Gladstone Invt Corp (GAIN) used $0.55 of operating cash (-$101.6M OCF vs $184.8M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.