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GLAD logoGladstone Capital Corporation (GLAD) Earnings History

Annual and quarterly earnings data from 2001 to 2025

TTM Net Income
$28M
Profitable
TTM EPS
$0.98
Diluted
YoY EPS Growth
-41.2%
Declining
Net Margin
40.1%
Profitability
Operating Margin55.5%
Gross Margin87.3%
ROE12.1%
ROA6.8%
Highest Annual Net Income$95M (2024)
Highest Quarterly EPS$2.72 (Q4 2013)
Consecutive Profitable Years5 years
Q2 2026
Net Income$0
EPS$0.00
QoQ Growth-100.0%Declining

Loading earnings history...

GLAD EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
-41.2%
Declining
3-Year
+30.0%
Excellent
5-Year
N/A
N/M
10-Year
+12.2%
Strong

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

GLAD Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202587.3%55.5%40.1%
202481.9%78.8%78.8%
202368.3%64.8%64.8%
202260.7%60.3%60.3%
202188.2%86.4%86.4%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Gladstone Capital Corporation (GLAD) Earnings Overview

As of May 8, 2026, Gladstone Capital Corporation (GLAD) reported trailing twelve-month net income of $28M, reflecting -41.2% year-over-year growth. The company earned $0.98 per diluted share over the past four quarters, with a net profit margin of 40.1%.

Looking at the long-term picture, GLAD's historical earnings data spans multiple years. The company achieved its highest annual net income of $95M in fiscal 2024.

Gladstone Capital Corporation maintains industry-leading profitability with a gross margin of 87.3%, operating margin of 55.5%, and net margin of 40.1%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →

Compared to peers including ARCC ($1.15B net income, 41.3% margin), FSCO (N/A net income, 74.2% margin), GBDC ($205M net income, 43.2% margin), GLAD has room to improve margins relative to the peer group. Compare GLAD vs ARCC →

GLAD Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
GLAD logoGLADCurrent
$28M$0.9840.1%12.1%-41.2%—
ARCC logoARCC
$1.1B$1.6041.3%9.4%-23.8%
FSCO logoFSCO
--74.2%13.5%-22.8%
GBDC logoGBDC
$205M$0.7843.2%9.4%+4.4%
TPVG logoTPVG
-$12M$-0.1050.6%14.1%+48.8%
CSWC logoCSWC
$103M$1.5443.1%8.6%-28.3%
Best in group
Lowest in group

GLAD Historical Earnings Data (2001–2025)

25 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$58M-38.7%$80M$2.5540.1%55.5%
2024$95M+122.0%$95M$4.3478.8%78.8%
2023$43M+114.3%$43M$2.2964.8%64.8%
2022$20M-76.4%$20M$1.1660.3%60.3%
2021$84M+4600.7%$84M$5.0786.4%86.4%
2020-$2M-109.4%-$2M$-0.12-23.1%-23.1%
2019$20M+6.5%$20M$1.3661.5%61.5%
2018$19M+8.5%$19M$1.3864.8%64.8%
2017$17M+51.1%$17M$1.3570.4%70.4%
2016$11M+34.0%$11M$0.9854.7%54.7%

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Is GLAD Undervalued?

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Compare GLAD vs BRK-A

Side-by-side business, growth, and profitability comparison vs Berkshire Hathaway Inc..

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GLAD — Frequently Asked Questions

Quick answers to the most common questions about buying GLAD stock.

Is GLAD growing earnings?

GLAD EPS fell to $0.98, with earnings declining -41.2%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $28M.

What are GLAD's profit margins?

Gladstone Capital Corporation net margin is +40.1%, with operating margin at +55.5%. Above-average margins indicate pricing power.

How consistent are GLAD's earnings?

GLAD earnings data spans 2001-2025. The declining earnings trend is -41.2% YoY. Historical data enables comparison across business cycles.

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GLAD Earnings Over Time (2014–2025)

Net income and EPS trends