The earnings call presented a mixed picture, with significant investments and a strong liquidity position indicating positive progress. However, challenges such as decreased total investment income, NAV decline, and economic uncertainties due to tariffs suggest caution is warranted. Overall, the sentiment is balanced with both positive achievements and notable challenges.

Company Guidance

During the first quarter of fiscal year 2026, Gladstone Investment Corporation reported several key metrics. The company achieved an adjusted net investment income (NII) of $0.24 per share, sufficient to cover its monthly distribution of $0.08 per share, equating to an annual rate of $0.96 per share. The company's assets increased to approximately $1.1 billion, up from $1 billion in the prior quarter, primarily due to the completion of two new buyouts. Investment activity was robust, with approximately $130 million invested in three new portfolio companies, compared to $221 million for the entire fiscal year 2025. The company distributed a supplemental dividend of $0.54 per share in June, resulting from realized capital gains. The net asset value (NAV) decreased to $12.99 per share, from $13.55 per share, influenced by a $0.78 per share distribution and $0.04 per share of net unrealized depreciation. The company maintains a strong liquidity position, with $151 million available on its line of credit, and a solid leverage position with an asset coverage ratio of 189%. Despite uncertainties in the economic landscape, the company remains optimistic about future buyout activities and earnings, while focusing on maintaining liquidity to support portfolio growth.

Positive Earnings and Investment Activity

GAIN produced very positive earnings results with an adjusted NII of $0.24 per share, sufficient to cover monthly distribution to shareholders. Assets increased to about $1.1 billion from $1 billion, attributed to two new buyouts.

Increased Investment in New Companies

Invested approximately $130 million in three new portfolio companies during the first quarter, compared to a total of $221 million for the entire fiscal '25.

Supplemental Distributions from Capital Gains

Made a supplemental distribution of $0.54 per share in June due to the successful exit of a portfolio company, with realized capital gains on equity.

Strong Liquidity Position

Ended the quarter with $151 million available on the line of credit and raised approximately $19.3 million in net proceeds under the common stock ATM.

Resilient Portfolio Performance

Portfolio company valuations increased in a number of companies, despite some unrealized depreciation in others.

Gladstone Investment (GAIN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GAIN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 04, 2025	2026 (Q2)	0.23 / -	0.2	―	―	―
Aug 12, 2025	2026 (Q1)	0.22 / 0.25	0.24	4.17% (+0.01)	―
May 13, 2025	2025 (Q4)	0.23 / 0.20	0.24	-16.67% (-0.04)	―
Feb 12, 2025	2025 (Q3)	0.24 / 0.03	0.26	-88.46% (-0.23)	―
Nov 07, 2024	2025 (Q2)	0.25 / 0.20	0.24	-16.67% (-0.04)	―
Aug 05, 2024	2025 (Q1)	0.25 / 0.24	0.25	-4.00% (-0.01)	―
May 08, 2024	2024 (Q4)	0.26 / 0.24	0.26	-7.69% (-0.02)	―
Feb 06, 2024	2024 (Q3)	0.27 / 0.26	0.3	-13.33% (-0.04)	―
Nov 01, 2023	2024 (Q2)	0.26 / 0.24	0.29	-17.24% (-0.05)	―
Aug 02, 2023	2024 (Q1)	0.27 / 0.25	0.25	0.00% (0.00)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GAIN Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 12, 2025	$14.08	$14.45	+2.63%
May 13, 2025	$13.25	$13.48	+1.74%
Feb 12, 2025	$12.34	$12.83	+3.97%
Nov 07, 2024	$12.39	$12.56	+1.37%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Gladstone Investment Corp (GAIN) report earnings?

Gladstone Investment Corp (GAIN) is schdueled to report earning on Nov 04, 2025, After Close (Confirmed).

What is Gladstone Investment Corp (GAIN) earnings time?

Gladstone Investment Corp (GAIN) earnings time is at Nov 04, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is GAIN EPS forecast?

GAIN EPS forecast for the fiscal quarter 2026 (Q2) is 0.23.

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