Invesaro

Stocks GLAD Financial statements

Financial statements

GLADSTONE CAPITAL CORP financial statements

Income statement, balance sheet and cash flow statement for the last 5 fiscal years, taken from the XBRL data GLADSTONE CAPITAL CORP files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2021FY2023FY2023FY2024FY2025
Income tax00000
Net income84.319.942.794.557.2
EPS, basic1.581.882.202.11
EPS, diluted1.581.882.202.11
Shares, basic (weighted)16.617.218.721.822.4
Shares, diluted (weighted)16.617.218.721.822.7
Dividend per share0.801.891.982.48

Balance sheet

FY2021FY2023FY2023FY2024FY2025
Cash and equivalents0.852.011.312.1732.4
Total assets661719812908
Total liabilities345311334406
Paid-in capital396481492502
Retained earnings-80.1-72.8-21.5-19.6
Shareholders' equity318315409471482
Total equity318315409471482
Total liabilities and equity661719805888
Shares outstanding8.5817.421.822.222.6

Cash flow statement

FY2021FY2023FY2023FY2024FY2025
Net income84.319.942.794.557.2
Change in payables0.110.010.510.22-0.04
Cash from operations-14.1-76.4-10.93.24-5.49
Debt issued15050570147
Debt repaid-57.5-38.800
Stock issued26.94.5387.4119.58
Dividends paid-26-27.3-35.4-43.1-55.5
Cash from financing12.477.710.2-2.3435.6
Net change in cash-1.621.26-0.710.930.1
Interest paid10.912.220.421.819.8

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $19.36 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)9.9%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)5.0%Net income / average total assets.

Growth

MetricValueHow it is calculated
Net income growth, 1y-39.5%Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y42.1%Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow growth, 1y-269.4%Operating cash flow vs the same period a year earlier. Only from a positive base.
Dividend per share growth, 1y25.3%Dividend per share vs the same period a year earlier. Only from a positive base.
Dividend per share CAGR, 3y46.1%Compound annual growth of dividend per share over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y2.4%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y15.2%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y11.7%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y11.1%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y4.0%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y9.7%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Liabilities / assets45.3%Total liabilities / total assets.
Tangible book value$485.7MShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted$1.70Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Operating cash flow per share-$5.31Cash from operations / diluted weighted shares.
Book value per share$21.50Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$21.50Tangible book value / shares outstanding.
Cash per share$0.10(Cash + short-term investments) / shares outstanding.
Payout ratio91.1%Dividends paid / net income, when net income is positive.

Valuation

MetricValueHow it is calculated
Market cap$437.4MShare price x shares outstanding.
Enterprise value$435.1MMarket cap + total debt - cash - short-term investments.
P/E9.08xMarket cap / net income. Only when net income is positive.
P/B0.90xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book0.90xMarket cap / tangible book value, when positive.
Earnings yield11.0%Net income / market cap (the inverse of P/E).
Dividend yield10.0%Dividends paid over the period / market cap.
Shareholder yield10.0%(Dividends paid + share buybacks) / market cap.
Was GLADSTONE CAPITAL CORP profitable in fiscal 2025?

Yes. Net income was $57.2M, a net margin of -.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

Open interactive statements, quarterly figures and charts

Back to GLADSTONE CAPITAL CORP