Gladstone Invt Corp (GAING) Financials
Newest figures come from the 10-Q for Q1 FY2027, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the GAING SEC filings page.
This page shows Gladstone Invt Corp (GAING) 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).
The dominant mechanic is a sharp earnings-to-cash disconnect, with rising leverage and dividends adding pressure to internally funded operations.
In FY2026, net income reached$184.8M while operating cash flow was-$101.6M ; the prior year showed the opposite relationship. That reversal indicates the latest profit surge did not translate into cash from operations, making reported earnings a weaker guide to internally generated funds than the headline result suggests.
The balance sheet has become more debt-supported: debt-to-equity was 0.8x in FY2026 versus 0.6x in FY2022, indicating that asset growth has brought more creditor financing alongside equity. Although leverage eased from its FY2025 peak, it remains materially above the earlier period.
FY2026 dividends totaled
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 -$11.9M in net income in Q1 2027. This represents a decrease of 252.5% from the same quarter a year earlier.
Gladstone Invt Corp earned -$0.30 per diluted share (EPS) in Q1 2027. This represents a decrease of 242.9% from the same quarter a year earlier. Against the prior quarter it is down 114.3%.
Not reported for Q1 2027.
Not reported for Q1 2027.
Cash & Balance Sheet
Gladstone Invt Corp held $3.6M in cash against $570.8M in long-term debt as of Q1 2027.
Gladstone Invt Corp paid $0.24 per share in dividends in Q1 2027. This represents a decrease of 69.2% from the same quarter a year earlier. It is unchanged from the prior quarter.
Not reported for Q1 2027.
Margins & Returns
Gladstone Invt Corp's ROE was -1.8% in Q1 2027, measuring profit generated per dollar of shareholder equity. This is down 3.4 percentage points from the same quarter a year earlier.
Not reported for Q1 2027.
Not reported for Q1 2027.
Not reported for Q1 2027.
Capital Allocation
None of these metrics is reported for Q1 2027.
GAING Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Net Income | -$11.9M-252.5% | N/A | $65.9M+71.2% | $28.7M+85.4% | $7.8M+219.1% | N/A | $38.5M+485.0% | $15.5M-67.3% |
| EPS (Basic) | -$0.30-242.9% | $2.10+1005.3% | $1.66+5433.3% | $0.75+275.0% | $0.21-38.2% | $0.19+35.7% | $0.03-89.3% | $0.20+500.0% |
| EPS (Diluted) | -$0.30-242.9% | $2.10+1005.3% | $1.66 | $0.75 | $0.21-38.2% | $0.19+35.7% | $0.03 | $0.20+500.0% |
| Diluted Shares (Avg) | 40M+7.9% | N/A | 40M | 38M | 37M+0.6% | N/A | 37M | 37M+8.5% |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax.
GAING Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.3B+23.6% | $1.3B+31.4% | $1.2B+13.7% | $1.1B+31.7% | $1.1B+15.3% | $1.0B+7.3% | $1.1B+18.5% | $868.8M-6.4% |
| Cash & Equivalents | $3.6M-12.7% | $2.4M-83.3% | $2.9M+12.7% | $2.2M+10.5% | $4.1M+68.6% | $14.3M+481.2% | $2.6M-8.9% | $2.0M-3.2% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $656.2M+15.4% | $654.6M+29.0% | $641.2M+7.3% | $608.6M+48.3% | $568.6M+30.2% | $507.3M+13.9% | $597.7M+30.6% | $410.4M-9.3% |
| Long-Term Debt | $570.8M+10.1% | $564.5M+23.9% | $571.8M+4.6% | $555.0M+62.7% | $518.6M+31.2% | $455.7M+14.4% | $546.6M+32.2% | $341.0M-16.8% |
| Total Equity | $646.8M+33.3% | $668.2M+33.9% | $595.4M+21.5% | $535.8M+16.9% | $485.3M+1.7% | $499.1M+1.3% | $490.1M+6.5% | $458.4M-3.6% |
| Retained Earnings | $160.4M+388.5% | $181.5M+239.0% | $108.7M+144.4% | $52.2M+261.9% | $32.8M0.0% | $53.5M+11.6% | $44.5M+32.3% | $14.4M-79.3% |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities, Non-Current Liabilities.
GAING Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $8.1M+116.1% | $16.8M-85.1% | -$7.6M+95.6% | -$60.7M-196.0% | -$50.2M-507.3% | $112.7M+1849.8% | -$171.9M-923.5% | $63.2M+205.0% |
| Financing Cash Flow | -$6.9M-117.0% | -$17.3M+82.8% | $8.2M-95.2% | $57.5M+190.4% | $40.4M+427.0% | -$100.7M-1538.6% | $172.3M+967.5% | -$63.7M-355.0% |
| Dividends Paid | $9.6M-66.8% | $9.6M+8.1% | $9.5M-72.4% | $9.3M+5.6% | $28.8M+227.0% | $8.8M+2.1% | $34.5M-19.9% | $8.8M-28.0% |
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Share Buybacks.
GAING Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | -1.8%-3.4pp | N/A | 11.1%+3.2pp | 5.4%+2.0pp | 1.6%+3.0pp | N/A | 7.8%+6.4pp | 3.4%-6.6pp |
| Return on Assets | -0.9%-1.7pp | N/A | 5.3%+1.8pp | 2.5%+0.7pp | 0.7%+1.5pp | N/A | 3.5%+2.8pp | 1.8%-3.3pp |
| Debt-to-Equity | 0.88-0.2x | 0.84-0.1x | 0.96-0.2x | 1.04+0.3x | 1.07+0.2x | 0.91+0.1x | 1.12+0.2x | 0.74-0.1x |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Current Ratio, Asset Turnover, FCF Margin.
Where Gladstone Invt Corp Ranks
Frequently Asked Questions
Is Gladstone Invt Corp profitable?
Yes, Gladstone Invt Corp (GAING) 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 (GAING) had $2.4M in cash and equivalents against $564.5M in long-term debt.
Does Gladstone Invt Corp pay dividends?
Yes, Gladstone Invt Corp (GAING) paid $1.50 per share in dividends during fiscal year 2026.
What is Gladstone Invt Corp's return on equity (ROE)?
Gladstone Invt Corp (GAING) 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 (GAING) 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 (GAING) 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 (GAING) 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 (GAING) 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 (GAING) 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 (GAING) 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.