Q3 25 EPS
$0.50
BEAT +0.00%
Est. $0.50
Q3 25 Revenue
$21.7M
MISS 1.08%
Est. $21.9M
vs S&P Since Q3 25
-43.2%
TRAILING MARKET
GLAD -25.2% vs S&P +18.0%
Market Reaction
Did GLAD Beat Earnings? Q3 2025 Results
Gladstone Capital delivered a mixed but largely steady fiscal third quarter, matching Wall Street's earnings expectations while falling just short on revenue. The business development company reported net investment income of $0.50 per share for the … Read more Gladstone Capital delivered a mixed but largely steady fiscal third quarter, matching Wall Street's earnings expectations while falling just short on revenue. The business development company reported net investment income of $0.50 per share for the quarter ended June 30, 2025, in line with the $0.50 consensus estimate, though total investment income of $21.66 million came in 1.08% below the $21.89 million consensus and fell 16.4% year over year. The primary drag on revenue was a contraction in the weighted average principal balance of interest-bearing investments, which declined to $647.20 million from $682.60 million in the prior quarter, pressuring interest income even as prepayment fees and dividend income provided a modest offset. Net asset value per share edged down slightly to $21.25 from $21.41. Looking ahead, management signaled confidence in rebuilding portfolio size after a period of elevated repayments, backed by an expanded $320 million credit facility and aggressive post-quarter deployments, making Gladstone a name worth watching for investors drawn to steady monthly dividend income.
Key Takeaways
- • Higher prepayment fees and dividend income drove other income increase
- • Secured first lien assets represent over 70% of debt investments at cost
- • Weighted average yield on interest-bearing investments was 12.8%
- • Invested $58.6 million in two new portfolio companies and $14.4 million in existing companies
GLAD YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
GLAD Earnings Trends
GLAD vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
GLAD EPS Trend
Earnings per share: estimate vs actual
GLAD Revenue Trend
Quarterly revenue: estimate vs actual
GLAD Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 BEAT | $0.48 | $0.52 | +8.33% | $26.0M | +3.56% |
| Q1 26 BEAT | $0.48 | $0.50 | +3.46% | $24.5M | -0.80% |
| Q4 25 BEAT FY | $0.50 | $0.52 | +3.11% | $23.9M | +5.34% |
| FY Full Year | $2.01 | $2.02 | +0.57% | $89.1M | +1.48% |
| Q3 25 BEAT | $0.50 | $0.50 | +0.00% | $21.7M | -1.08% |
| Q2 25 MISS | $0.51 | $0.50 | -1.57% | $21.6M | -6.09% |