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GAINGladstone Investment Corp.
$15.64$623M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
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GAIN logo

Gladstone Investment Corp.

GAIN
NASDAQ · Asset Management
$15.64
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$623M
P/E3.3x
52W High$17.14
Volume159.94K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2027Q1

Exit-Driven Earnings Mask Portfolio Contraction Risk

Gladstone Investment Corp. (GAIN) presents a complex investment case characterized by lumpy, exit-driven earnings and a contracting portfolio. The company's net investment income (NII) has declined 10.7% year-over-year to $13.0M in 2026Q2, while net interest m...

GrowthMixed
ProfitabilityStable
ValuationAttractive
TechnicalsMixed
Explore valuation models
MARKET ACTION

GAIN price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

3/12 Beats

EPS beat 3 of last 12 quarters

02

Valuation risk

-70% Peers

P/E is 70% below peer median

03

Market leadership

RS 59 · Avg

Average momentum (RS Rating: 59)

04

Mixed Trend

Mixed

Price < 50DMA but > 200DMA

Next CatalystEstimated earnings · Nov 6

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
GAIN+17.36%
S&P 500 (^GSPC)+12.39%
1-Year Return
GAIN+19.00%
S&P 500 (^GSPC)+15.77%
3-Year Return
GAIN+62.70%
S&P 500 (^GSPC)+76.05%
5-Year Return
GAIN+66.31%
S&P 500 (^GSPC)+72.33%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
3.3x
Forward P/E
38.5x
EV/EBITDA20th %ile
5.3x
FCF YieldCash Flow
N/A

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
3.3x
5.8x
20th· Low
EV/EBITDA
5.3x
10.4x
20th· Low
Price/FCF
N/A
5.7x
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue
$30M-50.6% YoY
Net income
$185M+182.8% YoY
Free cash flow
-$102M-189.2% YoY
Operating margin
315.8%+243.2 pts YoY
ROIC (TTM)15.5%
Avg ROIC 5Y-
ROE (TTM)31.7%
Piotroski Score3 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate3/12 (25%)
Revenue Beat Rate5/12 (42%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 6, 2026
$0.26+16.9%
vs $0.22
$28M+10.1%
vs $26M
Q2 2026
May 12, 2026
$0.20-9.1%
vs $0.22
$25M-2.4%
vs $26M
Q1 2026
Feb 3, 2026
$0.21-10.3%
vs $0.23
$25M-3.0%
vs $26M
Q4 2025
Nov 4, 2025
$0.24+0.0%
vs $0.24
$25M+2.3%
vs $25M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Accesswire·Sep 16, 2026
Gladstone Investment Corporation Supports Global GRAB's Acquisition of Barrier1 Systems

MCLEAN, VA / ACCESS Newswire / September 16, 2026 / Gladstone Investment Corporation (Nasdaq:GAIN) ("Gladstone Investment") is pleased to announce its continued investment in Global GRAB Technologies, Inc. ("Global GRAB"), providing additional capital to support the acquisition of Barrier1 Systems, LLC ("Barrier1"). Global GRAB, headquartered in Franklin, Tennessee, is a leading provider of physical perimeter security and hostile vehicle mitigation solutions serving military installations, government facilities, critical infrastructure, transportation, utility, commercial and other high-security environments.

24/7 Wall Street·Sep 16, 2026
Want $7,000 In Passive Income? Invest $25,000 In Each of These 3 Dividend Stocks

Real estate has long been the default answer for investors chasing monthly cash flow, but landlords learn quickly that rental income comes bundled with plumbing calls, vacancies, and a title that can take months to sell.

247 Wallst·Sep 12, 2026
The Tax Math That Makes These Dividend Stocks Worth Much More Inside a Roth

Ordinary dividends from BDCs, net-lease REITs, and foreign shippers carry a tax cost that hits every single distribution cycle without relief, and where you hold these positions determines whether that cost is permanent or entirely avoidable.

24/7 Wall Street·Sep 11, 2026
The Dividend Calendar Is Closing Fast: 5 High-Yield Names to Grab Before Ex-Dates Pass

Five high-yield names have ex-dividend dates landing between September 21 and September 25, and the window to qualify for the next payment is closing by the day.

Filtered for Gladstone Investment Corp.More Headlines
04

Compare before deciding

Benchmark GAIN against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Gladstone Investment Corp. (GAIN)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
GAIN logoGAINGladstone Investment Corp.Current
$15.64$622.82M3.28-50.58%258.46%31.65%9.44%
HTGC logoHTGCHercules Capital, Inc.
$16.97$3.18B9.1728.6%66.09%17.21%—
ARCC logoARCCAres Capital Corporation
$19.15$13.75B10.30-11.83%45.18%6.78%—
GBDC logoGBDCGolub Capital BDC, Inc.
$12.45$3.24B8.7744.68%20.51%3.82%—
TPVG logoTPVGTriplePoint Venture Growth BDC Corp.
$4.92$199.75M4.0355.25%45.97%10.97%—
CSWC logoCSWCCapital Southwest Corporation
$23.15$1.44B12.1864.73%48.19%11.04%—

Compare GAIN vs Peers

Gladstone Investment Corp. (GAIN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs HTGC

Most directly comparable listed peer for GAIN.

Scale Benchmark

vs BX

Larger-name benchmark to compare GAIN against a more recognizable public peer.

Peer Set

Compare Top 5

vs HTGC, ARCC, GBDC, TPVG

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

GAIN SEC Filings & Documents

Gladstone Investment Corp. (GAIN) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 6, 2026·SEC

Material company update

Aug 6, 2026·SEC

Material company update

Jul 8, 2026·SEC

10-K Annual Reports

3
FY 2026

May 12, 2026·SEC

FY 2025

May 13, 2025·SEC

FY 2024

May 8, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 6, 2026·SEC

FY 2026

Feb 3, 2026·SEC

FY 2025

Nov 4, 2025·SEC

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GAIN Frequently Asked Questions

Gladstone Investment Corp. (GAIN) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is Gladstone Investment Corp. growing?

Gladstone Investment Corp. (GAIN) saw revenue decline by 50.6% over the past year.

Is GAIN profitable?

Yes, Gladstone Investment Corp. (GAIN) is profitable, generating $165.1M in net income for fiscal year 2026 (258.5% net margin).

Dividend & Returns
Does GAIN pay dividends?

Yes, Gladstone Investment Corp. (GAIN) pays a dividend with a yield of 9.44%. This makes it attractive for income-focused investors.

What is GAIN's return on equity?

Gladstone Investment Corp. (GAIN) has a return on equity (ROE) of 31.7%. This is excellent, indicating efficient use of shareholder capital.

Industry Metrics
What is Gladstone Investment Corp.'s net interest margin?

Gladstone Investment Corp. (GAIN) has a net interest margin (NIM) of 4.1%. This indicates healthy earnings from lending activities.

What is Gladstone Investment Corp.'s efficiency ratio?

Gladstone Investment Corp. (GAIN) has an efficiency ratio of -296.5%. This is excellent, indicating strong cost control.

What if you invested $1,000 in GAIN back in 2006?

Total return calculator · dividends reinvested · 20+ years of data

See returns →