Gladstone Capital (GLAD) Interest Expense - Debt (2021 - 2026)
Gladstone Capital's Interest Expense - Debt came in at $6.46 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 45.1% from $4.45 million a year earlier and up 11.1% from the prior quarter.
Gladstone Capital (GLAD) Interest Expense - Debt (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Gladstone Capital reported Interest Expense - Debt of $23.98 million, up 22.0% year-over-year; for FY2025 (ended Sep 30, 2025), it was $19.99 million, down 8.0% from FY2024.
- Interest Expense - Debt carries a four-year compound annual growth rate of 14.8% (FY2021 to FY2025).
- Going back by fiscal year, Interest Expense - Debt was $21.72 million in FY2024 (+4.2%), $20.85 million in FY2023 (+60.8%), $12.97 million in FY2022 (+12.6%) and $11.51 million in FY2021.
- The fiscal Q3 2026 figure represents the highest quarterly Interest Expense - Debt in data going back to fiscal Q1 2022.
- Year-over-year, Interest Expense - Debt has increased for four consecutive quarters, with growth averaging 6.2% over the last eight quarters.
- The fastest year-over-year change in Interest Expense - Debt over five years came in fiscal Q3 2023 (growth of 76.3%), and the weakest in fiscal Q3 2025 (a decline of 19.2%).
- Business Quant data shows GLAD's Interest Expense - Debt at $5.82 million (Q2 2026), $5.93 million (Q1 2026) and $5.77 million (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 33.06 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 111.00 Mn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | - |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Gladstone Capital | 434.46 Mn | 434.46 Mn | - | 6.46 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.46 Mn |
| Mar 31, 2026 | 5.82 Mn |
| Dec 31, 2025 | 5.93 Mn |
| Sep 30, 2025 | 5.77 Mn |
| Jun 30, 2025 | 4.45 Mn |
| Mar 31, 2025 | 5.02 Mn |
| Dec 31, 2024 | 4.74 Mn |
| Sep 30, 2024 | 5.44 Mn |
| Jun 30, 2024 | 5.51 Mn |
| Mar 31, 2024 | 5.73 Mn |
| Dec 31, 2023 | 5.03 Mn |
| Sep 30, 2023 | 5.76 Mn |
| Jun 30, 2023 | 5.55 Mn |
| Mar 31, 2023 | 4.91 Mn |
| Dec 31, 2022 | 4.63 Mn |
| Sep 30, 2022 | 3.79 Mn |
| Jun 30, 2022 | 3.15 Mn |
| Mar 31, 2022 | 3.02 Mn |
| Dec 31, 2021 | 3.01 Mn |
Gladstone Capital Interest Expense - Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=GLAD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-debt", "ticker": "GLAD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=GLAD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();