Gladstone Investment Corporation (GAIN) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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GAIN Revenue Growth
GAIN Revenue Analysis (2014–2025)
As of May 8, 2026, Gladstone Investment Corporation (GAIN) generated trailing twelve-month (TTM) revenue of $112.7 million, reflecting significant decline in growth of -40.4% year-over-year. The most recent quarter (Q3 2026) recorded $25.1 million in revenue, down 30.6% sequentially.
Looking at the longer-term picture, GAIN's 5-year compound annual growth rate (CAGR) stands at +49.7%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $112.2 million in 2022.
When compared to Financial Services sector peers including HTGC, ARCC, and GBDC. Compare GAIN vs HTGC →
GAIN Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| GAINCurrent | $113M | -40.4% | +49.7% | 72.7% | |
 HTGC | $547M | - | - | 66.7% | |
 ARCC | $3.1B | - | - | 69.7% | |
 GBDC | $871M | - | - | 78.9% | |
 TPVG | $97M | - | - | 77.9% | |
 CSWC | $164M | - | - | 48.5% |
GAIN Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $89.9M | - | $61.6M | 68.6% | $65.3M | 72.7% |
| 2024 | $103.2M | - | $79.0M | 76.6% | $85.3M | 82.7% |
| 2023 | $48.5M | - | $32.7M | 67.3% | $35.5M | 73.2% |
| 2022 | $112.2M | - | $99.1M | 88.3% | $102.3M | 91.2% |
| 2021 | $53.2M | - | $48.7M | 91.6% | $42.5M | 79.8% |
| 2020 | $12.0M | - | $8.0M | 66.9% | $-7,234,000 | -60.5% |
| 2019 | $105.4M | - | $99.2M | 94.2% | $81.6M | 77.4% |
| 2018 | $69.4M | - | $65.3M | 94.2% | $60.7M | 87.5% |
| 2017 | $52.9M | - | $49.4M | 93.3% | $44.8M | 84.6% |
| 2016 | $33.3M | - | $29.1M | 87.5% | $24.9M | 74.7% |
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Start ComparisonGAIN — Frequently Asked Questions
Quick answers to the most common questions about buying GAIN stock.
Is GAIN's revenue growth accelerating or slowing?
GAIN revenue declined -40.4% year-over-year, contrasting with the 5-year CAGR of +49.7%. TTM revenue fell to $113M. This reverses the prior growth trend.
What is GAIN's long-term revenue growth rate?
Gladstone Investment Corporation's 5-year revenue CAGR of +49.7% reflects the variable expansion pattern. Current YoY growth of -40.4% is below this long-term average.
How is GAIN's revenue distributed by segment?
GAIN reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.