Gladstone Capital Corp Q4 2025 Financial Results

By Ahmed Jameison • Tuesday, November 18 06:04 • Permanent Link

Gladstone Capital Corporation has released its financial results for the fourth quarter and fiscal year ended September 30, 2025. Let's delve into the specifics of the numbers.

For the quarter ended September 30, 2025: Total investment income was $23,936, a 10.5% increase from the previous quarter. Net investment income was $11,444, up 1.3% from the previous quarter. Cash distribution per common share rose by 18.0% to $0.59. Net realized loss increased by 72.9% to $6,258. Net unrealized appreciation was not meaningful (nm) compared to a $15 increase in the previous quarter. The net increase in net assets resulting from operations was $13,971, an 87.6% increase from the previous quarter.

As of September 30, 2025: Total investments, at fair value, amounted to $859,124, a 14.4% increase from the previous quarter. Fair value, as a percent of cost, was 98.0%, a 1.4% increase from the previous quarter. * Net asset value per common share was $21.34, a 0.4% increase from the previous quarter.

For the year ended September 30, 2025: Total investment income was $89,122, a 7.8% decrease from the prior year. Net investment income was $45,207, down 1.8% from the previous year. * Cash distribution per common share increased by 25.3% to $2.48.

As of September 30, 2025: Total investments, at fair value, stood at $859,124, a 7.9% increase from the previous year. Fair value as a percent of cost was 98.0%, a 5.3% decrease from the previous year. * Net asset value per common share was $21.34, an 0.8% increase from the previous year.

During the quarter, the company made significant investments in various portfolio companies, with over $100 million of net originations, and managed to reset near-term maturities and increase its floating rate funding via debt refinancing. The company's president, Bob Marcotte, expressed optimism about the future, citing the company's actions and positioning.

The company will be holding its earnings release conference call on Tuesday, November 18, 2025, at 8:30 a.m. Eastern Time.

The market has reacted to these announcements by moving the company's shares -1.43% to a price of $18.8765. For more information, read the company's full 8-K submission here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.