GAIN
Gladstone Investment Corporation
NASDAQ: GAIN · FINANCIAL SERVICES · ASSET MANAGEMENT
$16.61
+1.78% today
Updated 2026-04-30
Market cap
$617.24M
P/E ratio
5.20
P/S ratio
5.44x
EPS (TTM)
$3.16
Dividend yield
5.90%
52W range
$12 – $17
Volume
0.4M
Gladstone Investment Corporation (GAIN) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.31M | $9.40M | $7.08M | $-5.73M | $-5.96M | $19.40M | $25.06M | $19.61M | $1.11M | $54.42M | $29.14M | $52.94M | $69.36M | $105.38M | $8.01M | $48.73M | $99.15M | $32.66M | $103.17M | $89.88M |
| Revenue growth (YoY) | — | +28.6% | -24.6% | -180.8% | -4.0% | +425.8% | +29.1% | -21.8% | -94.3% | +4794.1% | -46.5% | +81.7% | +31.0% | +51.9% | -92.4% | +508.6% | +103.5% | -67.1% | +215.9% | -12.9% |
| Cost of revenue | — | $608000.00 | $7.73M | $5.35M | $1.98M | $690000.00 | $768000.00 | $1.13M | $2.08M | $3.54M | $-6.70M | $3.54M | $4.03M | $6.15M | $15.21M | $19.56M | $35.78M | $-27.62M | $24.12M | $28.25M |
| Gross profit | $7.31M | $8.79M | $-649000.00 | $-11.07M | $-7.94M | $18.71M | $24.29M | $18.48M | $-963000.00 | $50.88M | $29.14M | $49.40M | $65.33M | $99.23M | $8.01M | $48.73M | $99.15M | $32.66M | $79.05M | $61.63M |
| Gross margin | 100.0% | 93.5% | -9.2% | 193.4% | 133.3% | 96.4% | 96.9% | 94.3% | -86.6% | 93.5% | 100.0% | 93.3% | 94.2% | 94.2% | 100.0% | 100.0% | 100.0% | 100.0% | 76.6% | 68.6% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | $0.00 | $1.00 | $0.00 | $0.00 | $0.00 | $1.00 | $0.00 | $0.00 | — |
| SG&A | $496334.00 | $2.17M | $2.37M | $2.52M | $2.34M | $2.46M | $2.83M | $2.61M | $3.13M | $3.26M | $4.24M | $4.19M | $4.12M | $6.12M | $6.42M | $3.55M | $3.24M | $7.00M | $6.15M | $8.21M |
| Operating income | $6.05M | $7.27M | $-941000.00 | $-11.45M | $-11.07M | $16.44M | $21.97M | $17.28M | $-1.33M | $50.21M | $29.01M | $44.76M | $60.69M | $81.59M | $3.03M | $44.78M | $118.56M | $51.42M | $85.31M | $65.32M |
| Operating margin | 82.8% | 77.3% | -13.3% | 199.9% | 185.9% | 84.7% | 87.7% | 88.1% | -119.5% | 92.3% | 99.6% | 84.6% | 87.5% | 77.4% | 37.8% | 91.9% | 119.6% | 157.5% | 82.7% | 72.7% |
| EBITDA | $6.05M | $11.40M | $10.86M | $8.42M | $-11.07M | $16.45M | $21.96M | $18.09M | $-971000.00 | $50.66M | $29.01M | $44.84M | $61.19M | $82.09M | $3.03M | $30.86M | $43.66M | $51.42M | $85.31M | $65.32M |
| EBITDA margin | 82.8% | 121.2% | 153.3% | -147.0% | 185.8% | 84.8% | 87.6% | 92.3% | -87.3% | 93.1% | 99.6% | 84.7% | 88.2% | 77.9% | 37.8% | 63.3% | 44.0% | 157.5% | 82.7% | 72.7% |
| EBIT | $8.80M | $7.27M | $-941000.00 | $-11.45M | $-11.07M | $16.44M | $21.97M | $17.28M | $-1.33M | $50.21M | $29.01M | $44.76M | $60.69M | $81.59M | $3.03M | $44.78M | $118.56M | $51.42M | $85.31M | — |
| Interest expense | $0.00 | $608000.00 | $7.73M | $5.35M | $1.98M | $690000.00 | $768000.00 | $1.13M | $2.08M | $3.54M | $4.15M | $3.54M | $4.03M | $6.15M | $3.96M | $4.44M | $13.08M | $15.88M | $24.12M | $28.25M |
| Income tax | $2.74M | $470709.00 | $-6.46M | $-19.49M | $-19.68M | $969000.00 | $8.99M | — | $0.00 | $0.00 | $34.74M | $58.86M | $75.19M | $13.50M | $10.26M | $2.33M | $3.16M | $54.68M | $48.20M | — |
| Effective tax rate | 31.2% | 6.1% | 87.3% | 63.0% | 64.0% | 5.6% | 29.0% | 0.0% | 0.0% | 0.0% | 58.3% | 56.8% | 55.3% | 14.2% | -141.8% | 4.9% | 2.9% | 60.6% | 36.1% | 0.0% |
| Net income | $6.05M | $7.27M | $-941000.00 | $-11.45M | $-11.07M | $16.44M | $21.97M | $17.28M | $-1.33M | $50.21M | $24.85M | $44.76M | $60.69M | $81.59M | $-17.49M | $44.78M | $105.48M | $35.55M | $85.31M | $65.32M |
| Net income growth (YoY) | — | +20.1% | -112.9% | -1116.7% | +3.3% | +248.5% | +33.6% | -21.3% | -107.7% | +3878.3% | -50.5% | +80.1% | +35.6% | +34.4% | -121.4% | +356.0% | +135.5% | -66.3% | +140.0% | -23.4% |
| Profit margin | 82.8% | 77.3% | -13.3% | 199.9% | 185.9% | 84.7% | 87.7% | 88.1% | -119.5% | 92.3% | 85.3% | 84.6% | 87.5% | 77.4% | -218.5% | 91.9% | 106.4% | 108.9% | 82.7% | 72.7% |