Gladstone Capital (GLAD) Operating Expenses (2021 - 2026)

Gladstone Capital (GLAD) has reported Operating Expenses for 6 consecutive years, with $17.8 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses rose 24.44% year-over-year to $17.8 million; the trailing twelve-month figure through Jun 2026 stood at $68.6 million (up 14.74% YoY), and the FY2025 full-year result was $60.8 million, down 2.9% from the prior year.
• Operating Expenses rose to $17.8 million in Q2 2026 per GLAD's latest filing, from $17.3 million in the prior quarter.
• Across five years, Operating Expenses topped out at $17.8 million in Q2 2026 and bottomed at $10.0 million in Q2 2022.
• Historically, Operating Expenses has averaged $14.7 million across 5 years, with a median of $15.2 million in 2023.
• The sharpest annual moves came in 2023 and 2025: Operating Expenses soared 51.09% in 2023, then fell 11.46% in 2025.
• Over 5 years, Operating Expenses stood at $12.9 million in 2022, then climbed by 16.45% to $15.0 million in 2023, then rose by 1.75% to $15.3 million in 2024, then advanced by 11.66% to $17.0 million in 2025, then increased by 4.41% to $17.8 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $17.8 million, $17.3 million, and $17.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.