What is Gladstone Invest's earnings per share (EPS)?

Gladstone Invest (GAINZ) reported diluted earnings per share of $0.76 for fiscal year 2025. This represents a 20.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Gladstone Invest Financials

GAINZ

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE March

This page shows Gladstone Invest (GAINZ) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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).

Financial Health Signals

Piotroski F-Score Weak

2/9

Gladstone Invest passes 2 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).

Earnings Quality Low Quality

0.25x

For every $1 of reported earnings, Gladstone Invest generates $0.25 in operating cash flow ($16.3M OCF vs $65.3M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue

N/A

EBITDA

N/A

Net Income

$65.3M

YoY-23.4%

Gladstone Invest reported $65.3M in net income in fiscal year 2025. This represents a decrease of 23.4% from the prior year.

EPS (Diluted)

$0.76

YoY+20.6%

Gladstone Invest earned $0.76 per diluted share (EPS) in fiscal year 2025. This represents an increase of 20.6% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$14.3M

YoY+481.2%

Gladstone Invest held $14.3M in cash against $455.7M in long-term debt as of fiscal year 2025.

Dividends Per Share

$1.66

YoY-24.5%

Gladstone Invest paid $1.66 per share in dividends in fiscal year 2025. This represents a decrease of 24.5% from the prior year.

Shares Outstanding

37M

YoY+0.4%

Gladstone Invest had 37M shares outstanding in fiscal year 2025. This represents an increase of 0.4% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

13.1%

YoY-4.2pp

Gladstone Invest's ROE was 13.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 4.2 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

GAINZ Income Statement

Metric	FY25	FY24	FY23	FY22	FY21
Revenue	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A
Income Tax	$0	$0	$0	$0	$0
Net Income	$65.3M-23.4%	$85.3M+140.0%	$35.5M-65.3%	$102.3M+141.0%	$42.5M
EPS (Diluted)	$0.76+20.6%	$0.63-43.2%	$1.11+146.7%	$0.45-16.7%	$0.54

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	$65.9M+129.5%	$28.7M+269.4%	$7.8M	N/A	$38.5M+148.6%	$15.5M+337.2%	-$6.5M	N/A
EPS (Diluted)	$1.66+121.3%	$0.75+257.1%	$0.21	N/A	$0.03-85.0%	$0.20-41.2%	$0.34	N/A

GAINZ Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21
Total Assets	$1.0B+7.3%	$938.1M+22.5%	$765.6M+3.4%	$740.4M	N/A
Current Assets	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$14.3M+481.2%	$2.5M-8.3%	$2.7M-81.1%	$14.2M+491.7%	$2.4M
Inventory	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$507.3M+13.9%	$445.4M+36.7%	$325.9M+10.6%	$294.6M	N/A
Current Liabilities	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$455.7M+14.4%	$398.3M+36.1%	$292.6M+12.0%	$261.3M	N/A
Total Equity	$499.1M+1.3%	$492.7M+12.0%	$439.7M-1.4%	$445.8M+16.6%	$382.4M
Retained Earnings	$53.5M+11.6%	$48.0M+26.5%	$37.9M-20.8%	$47.8M	N/A

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Total Assets	$1.2B+8.1%	$1.1B+8.6%	$1.1B+4.7%	$1.0B-7.5%	$1.1B+25.2%	$868.8M-5.0%	$914.2M-2.5%	$938.1M
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$2.9M+29.5%	$2.2M-45.7%	$4.1M-71.2%	$14.3M+456.6%	$2.6M+26.9%	$2.0M-17.1%	$2.4M-0.7%	$2.5M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$641.2M+5.4%	$608.6M+7.0%	$568.6M+12.1%	$507.3M-15.1%	$597.7M+45.6%	$410.4M-6.0%	$436.8M-1.9%	$445.4M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$571.8M+3.0%	$555.0M+7.0%	$518.6M+13.8%	$455.7M-16.6%	$546.6M+60.3%	$341.0M-13.7%	$395.4M-0.7%	$398.3M
Total Equity	$595.4M+11.1%	$535.8M+10.4%	$485.3M-2.8%	$499.1M+1.8%	$490.1M+6.9%	$458.4M-4.0%	$477.4M-3.1%	$492.7M
Retained Earnings	$108.7M+108.0%	$52.2M+59.2%	$32.8M-38.7%	$53.5M+20.4%	$44.5M+208.0%	$14.4M-56.0%	$32.8M-31.6%	$48.0M

GAINZ Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21
Operating Cash Flow	$16.3M+123.3%	-$69.9M-1452.8%	-$4.5M-112.3%	$36.6M+223.1%	-$29.7M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	-$4.4M-106.3%	$69.9M+1136.8%	-$6.7M+72.5%	-$24.5M-187.3%	$28.1M
Dividends Paid	$61.0M-19.9%	$76.1M+61.7%	$47.0M+21.1%	$38.9M+25.9%	$30.9M
Share Buybacks	N/A	N/A	N/A	N/A	N/A

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Operating Cash Flow	-$7.6M+87.5%	-$60.7M-20.9%	-$50.2M-144.5%	$112.7M+165.6%	-$171.9M-372.1%	$63.2M+412.6%	$12.3M+113.2%	$5.8M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	$8.2M-85.7%	$57.5M+42.5%	$40.4M+140.1%	-$100.7M-158.4%	$172.3M+370.6%	-$63.7M-415.6%	-$12.4M-101.0%	-$6.1M
Dividends Paid	$9.5M+2.6%	$9.3M-67.7%	$28.8M+225.6%	$8.8M-74.4%	$34.5M+292.4%	$8.8M-0.1%	$8.8M+1.7%	$8.7M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

GAINZ Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21
Gross Margin	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A
Return on Equity	13.1%-4.2pp	17.3%+9.2pp	8.1%-14.9pp	22.9%+11.9pp	11.1%
Return on Assets	6.5%-2.6pp	9.1%+4.5pp	4.6%-9.2pp	13.8%	N/A
Current Ratio	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.91+0.1	0.81+0.1	0.67+0.1	0.59	N/A
FCF Margin	N/A	N/A	N/A	N/A	N/A

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	11.1%+5.7pp	5.4%+3.8pp	1.6%	N/A	7.8%+4.5pp	3.4%+4.8pp	-1.4%	N/A
Return on Assets	5.3%+2.8pp	2.5%+1.8pp	0.7%	N/A	3.5%+1.8pp	1.8%+2.5pp	-0.7%	N/A
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.96-0.1	1.04-0.0	1.07+0.2	0.91-0.2	1.12+0.4	0.74-0.1	0.83+0.0	0.81
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Frequently Asked Questions

Is Gladstone Invest profitable?

Yes, Gladstone Invest (GAINZ) reported a net income of $65.3M in fiscal year 2025.

How much debt does Gladstone Invest have?

As of fiscal year 2025, Gladstone Invest (GAINZ) had $14.3M in cash and equivalents against $455.7M in long-term debt.

Does Gladstone Invest pay dividends?

Yes, Gladstone Invest (GAINZ) paid $1.66 per share in dividends during fiscal year 2025.

What is Gladstone Invest's return on equity (ROE)?

Gladstone Invest (GAINZ) has a return on equity of 13.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Gladstone Invest's operating cash flow?

Gladstone Invest (GAINZ) generated $16.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Gladstone Invest's total assets?

Gladstone Invest (GAINZ) had $1.0B in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Gladstone Invest have outstanding?

Gladstone Invest (GAINZ) had 37M shares outstanding as of fiscal year 2025.

What is Gladstone Invest's debt-to-equity ratio?

Gladstone Invest (GAINZ) had a debt-to-equity ratio of 0.91 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Gladstone Invest's return on assets (ROA)?

Gladstone Invest (GAINZ) had a return on assets of 6.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Gladstone Invest's Piotroski F-Score?

Gladstone Invest (GAINZ) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Gladstone Invest's earnings high quality?

Gladstone Invest (GAINZ) has an earnings quality ratio of 0.25x, considered low quality (accrual-driven). 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.