Gladstone Investment Corporation\De (GAIN) Operating Expenses (2021 - 2026)

Gladstone Investment Corporation\De's (GAIN) quarterly Operating Expenses came in at $22.8 million in Q1 2026, down 34.99% year-on-year from $35.1 million in Q1 2025, and down 36.57% on a QoQ basis from $35.9 million in Q4 2025.

Gladstone Investment Corporation\De (GAIN) Operating Expenses (2021 - 2026) Analysis & Trends

Gladstone Investment Corporation\De (GAIN) has 6 years of Operating Expenses data on file, last reported at $22.8 million in Q1 2026.

  • On a quarterly basis, Operating Expenses fell 34.99% year-over-year to $22.8 million in Q1 2026; TTM through Mar 2026 was $98.8 million, a 18.76% increase from a year earlier, with the FY2026 full-year figure at $102.8 million, up 28.04% from the prior year.
  • Operating Expenses for Q1 2026 stood at $22.8 million, down from $35.9 million in the prior quarter.
  • Over the last five years, Operating Expenses for GAIN reached as high as $35.9 million in Q4 2025 and fell as low as $1.2 million in Q1 2022.
  • Historically, Operating Expenses has averaged $17.8 million across 5 years, with a median of $15.3 million in 2023.
  • On a YoY basis, Operating Expenses climbed as much as 1279.89% in 2024 and fell as far as 42.1% in 2024.
  • Year by year, Operating Expenses stood at $13.0 million in 2022, then jumped by 34.07% to $17.5 million in 2023, then climbed by 15.74% to $20.2 million in 2024, then jumped by 77.82% to $35.9 million in 2025, then tumbled by 36.57% to $22.8 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $22.8 million in Q1 2026, $35.9 million in Q4 2025, and $25.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -14.14 Bn
2 BlackRock 161.01 Bn 148.08 Bn - 3.88 Bn
3 Blackstone 97.77 Bn 96.72 Bn - 2.26 Bn
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 4.68 Bn
5 State Street 51.30 Bn 51.30 Bn - 2.81 Bn
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 3.67 Bn
7 Northern Trust 32.93 Bn 32.93 Bn - 1.51 Bn
8 Raymond James Financial 32.59 Bn 17.67 Bn - 3.12 Bn
9 Price T Rowe 24.70 Bn 21.13 Bn - 1.18 Bn
10 Gladstone Investment Corporation\De 620.18 Mn 620.18 Mn - 22.79 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 22.79 Mn
Dec 31, 2025 35.94 Mn
Sep 30, 2025 25.57 Mn
Jun 30, 2025 14.46 Mn
Mar 31, 2025 35.06 Mn
Dec 31, 2024 20.21 Mn
Sep 30, 2024 15.27 Mn
Jun 30, 2024 12.61 Mn
Mar 31, 2024 18.33 Mn
Dec 31, 2023 17.46 Mn
Sep 30, 2023 26.38 Mn
Jun 30, 2023 15.31 Mn
Mar 31, 2023 1.33 Mn
Dec 31, 2022 13.03 Mn
Sep 30, 2022 12.92 Mn
Jun 30, 2022 14.43 Mn
Mar 31, 2022 1.22 Mn
Dec 31, 2021 13.79 Mn
Sep 30, 2021 16.37 Mn