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GAINIGladstone Investment Corporation
$25.43$1.0B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
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P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
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GAINI logo

Gladstone Investment Corporation

GAINI
NASDAQ · Asset Management
$25.43
At close - Oct 1, 4:00 PM EDT - USD
Market Cap$1.01B
P/E5.3x
52W High$25.87
Volume9.69K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2027Q1

Mark-to-Market Earnings Mask Core Distribution Risk

Gladstone Investment Corporation (GAINI) presents a paradox where reported earnings are overwhelmingly driven by non-cash equity valuation gains, while core net interest income has declined for eight consecutive quarters and net interest margins have compresse...

GrowthDecelerating
ProfitabilityStrained
ValuationExpensive
TechnicalsHealthy
Explore valuation models
MARKET ACTION

GAINI 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

-41% Peers

P/E is 41% below peer median

03

Market leadership

RS 53 · Avg

Average momentum (RS Rating: 53)

04

Healthy Uptrend

Uptrend

Price > 50DMA > 200DMA

Next CatalystConfirmed earnings · Nov 10

Market performance

Price History →

Trailing total returns as of 10/2/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
GAINI+4.55%
S&P 500 (^GSPC)+11.83%
1-Year Return
GAINI+6.80%
S&P 500 (^GSPC)+14.29%
3-Year Return
GAINI+13.36%
S&P 500 (^GSPC)+78.66%
5-Year Return
GAINI+13.36%
S&P 500 (^GSPC)+75.80%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/EMedian
5.3x
Forward P/E
62.6x
EV/EBITDA50th %ile
7.0x
FCF YieldCash Flow
N/A

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
5.3x
14.3x
50th· Fair
EV/EBITDA
7.0x
21.0x
50th· Fair
Price/FCF
N/A
8.2x
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$67.45+165.3%
Base (Fair)$76.97+203.0%
Bull$86.73+241.1%
$67.45 Bear$76.97 Base$86.73 Bull
Current Market Price: $25.43
Trades at a 67.0% discount to Base DCF ($76.97)
Open DCF & Valuation Models →Chart Terminal ↗

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
741.2%+635.2 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 Rate4/12 (33%)
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
-$0.27-226.2%
vs $0.21
$25M-2.4%
vs $26M
Q1 2026
Feb 3, 2026
$0.16-30.4%
vs $0.23
$25M-2.9%
vs $26M
Q4 2025
Nov 4, 2025
$0.11-52.2%
vs $0.23
$25M+2.3%
vs $25M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
04

Compare before deciding

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

Peers Comparison

Key metrics vs top competitors for Gladstone Investment Corporation (GAINI)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
GAINI logoGAINIGladstone Investment CorporationCurrent
$25.43$1.01B5.33-50.58%606.52%31.65%5.81%
GAIN logoGAINGladstone Investment Corp.
$15.74$626.8M3.30-50.58%155.95%27%—
TPVG logoTPVGTriplePoint Venture Growth BDC Corp.
$4.88$198.12M4.0055.25%45.97%10.97%—
CSWC logoCSWCCapital Southwest Corporation
$23.30$1.45B12.2664.73%48.19%11.04%—
MRCC logoMRCCMonroe Capital Corporation
$5.08$110.06M9.58-39.74%-72.87%-2.9%—
PFLT logoPFLTPennantPark Floating Rate Capital Ltd.
$6.97$691.55M9.68-27.91%21.46%4.82%—

Compare GAINI vs Peers

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

Closest Rival

vs GAIN

Most directly comparable listed peer for GAINI.

Scale Benchmark

vs ARCC

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

Peer Set

Compare Top 5

vs GAIN, TPVG, CSWC, MRCC

05

Keep researching

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

GAINI SEC Filings & Documents

Gladstone Investment Corporation (GAINI) 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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GAINI Frequently Asked Questions

Gladstone Investment Corporation (GAINI) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is Gladstone Investment Corporation growing?

Gladstone Investment Corporation (GAINI) saw revenue decline by 50.6% over the past year.

Is GAINI profitable?

Yes, Gladstone Investment Corporation (GAINI) is profitable, generating $165.1M in net income for fiscal year 2026 (606.5% net margin).

Dividend & Returns
Does GAINI pay dividends?

Yes, Gladstone Investment Corporation (GAINI) pays a dividend with a yield of 5.81%. This makes it attractive for income-focused investors.

What is GAINI's return on equity?

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

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

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

What is Gladstone Investment Corporation's efficiency ratio?

Gladstone Investment Corporation (GAINI) has an efficiency ratio of -695.7%. This is excellent, indicating strong cost control.

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

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

See returns →