GLADSTONE CAPITAL CORP GLAD

Nasdaq

Gladstone Capital Corporation was incorporated under the Maryland General Corporation Law on May 30, 2001. We are an externally managed, closed-end, non-diversified management investment company that has elected to be treated as a BDC under the 1940 Act. In addition, we have elected to be treated for tax purposes as a RIC under the Code. We were established for the purpose of investing in debt and equity securities of established private businesses operating in the United States ("U.S.").

Shares of our common stock trade on the Nasdaq Global Select Market ("Nasdaq") under the trading symbol "GLAD". Our 6.25% Series A Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock"), our 3.75% notes due 2027 (the "2027 Notes"), and our 5.875% Convertible Notes due 2030 (the "2030 Convertible Notes") are not listed or traded on any exchange or automated quotation system.

Last close 18.58 2026-10-27
Market cap $419.8M 2026-06-30 share count
52-week range 16.54 - 21.73

Valuation FY2025 figures against the last close

P/S—
P/E—
P/FCF—
EV/EBITDA—
Dividend yield13.2%
Diluted EPS—

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020
Pre-tax income $57.2M$94.5M$42.7M$19.9M$84.3M—
Income tax $0$0$0$0$0—
Net income $57.2M$94.5M$42.7M$19.9M$84.3M—
EPS, basic —2.112.201.880.79—
EPS, diluted —2.112.201.880.79—
Shares, diluted (wtd. avg.) 22.7M21.8M18.7M17.2M33.2M—

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020
Cash and equivalents $32.4M$2.3M$1.4M$2.1M$846.0K$2.5M
Total assets $907.6M$812.5M$719.5M$661.0M——
Total liabilities $406.2M$333.7M$310.8M$345.5M——
Retained earnings -$19.6M-$21.5M-$72.8M-$80.1M——
Total equity $482.0M$470.9M$408.7M$315.5M$318.4M$233.7M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020
Operating cash flow -$5.5M$3.2M-$10.9M-$76.4M-$14.1M—
Financing cash flow $35.6M-$2.3M$10.2M$77.7M$12.4M—
Dividends paid $55.5M$43.1M$35.4M$27.3M$26.0M—

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001143513-25-000015.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 25M 50M 75M 100M Net income, FY2021: 84.3M Net income, FY2022: 19.9M Net income, FY2023: 42.7M Net income, FY2024: 94.5M Net income, FY2025: 57.2M FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2020FY2021FY2022FY2023FY2024FY2025
Revenue — — — — — —
Gross profit — — — — — —
Net income — $84.3M $19.9M $42.7M $94.5M $57.2M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Regulation FD disclosure Item 7.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.