Gladstone Investment Corporation\De (GAIN) Operating Expenses (2021 - 2026)
Gladstone Investment Corporation\De (GAIN) posted quarterly Operating Expenses of $22.8 million for Q1 2026, down 34.99% year-over-year from $35.1 million in Q1 2025, and down 36.57% quarter-over-quarter from $35.9 million in Q4 2025.
Gladstone Investment Corporation\De (GAIN) Operating Expenses (2021 - 2026) Analysis & Trends
Gladstone Investment Corporation\De (GAIN) has reported Operating Expenses for 6 consecutive years, with $22.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 34.99% year-over-year to $22.8 million; the TTM figure through Mar 2026 stood at $98.8 million (up 18.76% YoY), while the FY2026 annual figure was $102.8 million, up 28.04% from the prior year.
- Operating Expenses fell to $22.8 million in Q1 2026 per GAIN's latest filing, from $35.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $35.9 million in Q4 2025 and bottomed at $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.
- Gladstone Investment Corporation\De's Operating Expenses stood at $13.0 million in 2022, then surged by 34.07% to $17.5 million in 2023, then gained by 15.74% to $20.2 million in 2024, then surged by 77.82% to $35.9 million in 2025, then tumbled by 36.57% to $22.8 million in 2026.
- Business Quant data shows GAIN's Operating Expenses at $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 | BlackRock | 176.99 Bn | 163.12 Bn | - | 4.62 Bn |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | 2.38 Bn |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | 5.41 Bn |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | 14.94 Bn |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | 659.00 Mn |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | 8.74 Bn |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | 2.66 Bn |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | 3.50 Bn |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | 1.64 Bn |
| 10 | Gladstone Investment Corporation\De | 652.28 Mn | 652.28 Mn | - | 16.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 16.52 Mn |
| 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 |