Gladstone Investment Corporation 5.00% Notes Due 2026 (GAINN) Financial Statements

Income statement

Metric	TTM	2026	2025	2024	2023
Revenue
Total Revenue	112.3M	71.5M	89.9M	103.2M	48.5M
Cost of Revenue	47.3M	57.6M	28.2M	24.1M	15.9M
Gross Profit	65.0M	13.9M	61.6M	79.0M	32.7M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	30.4M	6.1M	8.2M	6.2M	7.0M
General & Admin Expense	30.4M	6.1M	8.2M	6.2M	7.0M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	(98.4M)	(218.1M)	(11.9M)	(12.4M)	(9.9M)
Total Operating Expenses	(68.1M)	(211.9M)	(3.7M)	(6.3M)	(2.9M)
Cost and Expenses	(20.8M)	(154.3M)	24.6M	17.9M	13.0M
Operating Income (EBIT)	133.1M	225.8M	65.3M	85.3M	35.5M
Non-Operating
Interest Income	91.1M	95.9M	83.6M	81.8M	60.3M
Interest Expense	38.2M	41.0M	28.2M	24.1M	15.9M
Net Interest Income	52.9M	54.8M	55.4M	57.7M	44.4M
Other Non-Op Income/Expense	61.8M	(41.0M)	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	194.9M	184.8M	65.3M	85.3M	35.5M
Income Tax Expense	—	—	—	—	—
Bottom Line
Net Income	194.9M	184.8M	65.3M	85.3M	35.5M
Earnings from Cont. Ops	194.9M	184.8M	65.3M	85.3M	35.5M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	194.9M	184.8M	65.3M	85.3M	35.5M
Per Share
Basic EPS	$4.69	$4.77	$1.78	$2.47	$1.07
Diluted EPS	$4.69	$4.77	$1.78	$2.47	$1.07
Revenue Per Share	$2.82	$1.85	$2.45	$2.99	$1.46
Shares
Basic Shares Outstanding	39.8M	38.7M	36.7M	34.5M	33.3M
Diluted Shares Outstanding	39.8M	38.7M	36.7M	34.5M	33.3M
Profitability Metrics
EBITDA	133.1M	225.8M	65.3M	85.3M	35.5M
D&A	—	—	—	—	—
EBIT	133.1M	225.8M	65.3M	85.3M	35.5M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Mar 1, 2026