Saratoga Investment Corp 6.00% (SAT) Financial Statements

Income statement

Metric	TTM	2026	2025	2024	2023
Revenue
Total Revenue	104.1M	99.2M	94.2M	69.5M	69.9M
Cost of Revenue	38.2M	49.3M	52.1M	49.2M	33.5M
Gross Profit	65.9M	49.9M	42.1M	20.4M	36.4M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	11.2M	11.0M	9.3M	8.6M	8.0M
General & Admin Expense	11.2M	11.0M	9.3M	8.6M	8.0M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	824.0K	824.0K	801.0K	110.0K	1.6M
Total Operating Expenses	12.0M	11.8M	10.1M	8.7M	9.6M
Cost and Expenses	50.3M	61.1M	62.2M	57.8M	43.1M
Operating Income (EBIT)	53.8M	38.1M	32.0M	11.7M	26.8M
Non-Operating
Interest Income	56.0M	114.8M	137.6M	130.3M	86.6M
Interest Expense	52.2M	49.3M	52.1M	49.2M	33.5M
Net Interest Income	3.8M	65.5M	85.5M	81.1M	53.1M
Other Non-Op Income/Expense	(56.2M)	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	(2.3M)	38.1M	32.0M	11.7M	26.8M
Income Tax Expense	1.8M	1.5M	3.9M	2.8M	2.1M
Bottom Line
Net Income	(4.2M)	36.6M	28.1M	8.9M	24.7M
Earnings from Cont. Ops	(4.2M)	36.6M	28.1M	8.9M	24.7M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(4.2M)	36.6M	28.1M	8.9M	24.7M
Per Share
Basic EPS	($0.25)	$2.31	$2.02	$0.71	$2.06
Diluted EPS	($0.25)	$2.31	$2.02	$0.71	$2.06
Revenue Per Share	$6.44	$6.26	$6.77	$5.49	$5.84
Shares
Basic Shares Outstanding	16.2M	15.9M	13.9M	12.7M	12.0M
Diluted Shares Outstanding	16.2M	15.9M	13.9M	12.7M	12.0M
Profitability Metrics
EBITDA	53.8M	38.1M	32.0M	11.7M	26.8M
D&A	—	—	—	—	—
EBIT	53.8M	38.1M	32.0M	11.7M	26.8M

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 Aug 1, 2026