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| Date | Value |
|---|---|
| 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 |