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

Gladstone Capital's Operating Expenses history runs 6 years deep, the most recent figure standing at $17.3 million for Q1 2026.

• Quarterly Operating Expenses rose 68.02% year-over-year to $17.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $78.0 million (up 25.87% YoY) and the FY2025 annual result came in at $60.8 million, down 2.9% from the prior year.
• Operating Expenses was $17.3 million for Q1 2026 at Gladstone Capital, up from $17.0 million in the prior quarter.
• Across five years, Operating Expenses topped out at $29.4 million in Q3 2025 and bottomed at $8.5 million in Q3 2022.
• A 5-year average of $14.8 million and a median of $11.3 million in 2023 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2023 — Operating Expenses soared 186.11% — and 2025, when it slumped 35.18%.
• Gladstone Capital's Operating Expenses stood at $10.6 million in 2022, then climbed by 6.79% to $11.3 million in 2023, then decreased by 4.88% to $10.7 million in 2024, then jumped by 58.7% to $17.0 million in 2025, then advanced by 1.81% to $17.3 million in 2026.
• Business Quant data shows GLAD's Operating Expenses at $17.3 million in Q1 2026, $17.0 million in Q4 2025, and $29.4 million in Q3 2025.