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

Gladstone Capital's Operating Margin history runs 6 years deep, the most recent figure standing at 55.1% for Q1 2026.

• Quarterly Operating Margin rose 296.0% year-over-year to 55.1% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 50.05% (up 244.0% YoY) and the FY2025 annual result came in at 50.72%, up 306.0% from the prior year.
• Operating Margin was 55.1% for Q1 2026 at Gladstone Capital, up from 45.95% in the prior quarter.
• Across five years, Operating Margin topped out at 58.14% in Q2 2022 and bottomed at 35.35% in Q3 2024.
• A 5-year average of 49.92% and a median of 50.38% in 2022 frame the typical range for Operating Margin.
• Annual changes were most pronounced in 2022 — Operating Margin tumbled 3288 bps — and 2025, when it jumped 1246 bps.
• Gladstone Capital's Operating Margin stood at 45.22% in 2022, then gained by 14 bps to 51.39% in 2023, then retreated by 1 bps to 51.11% in 2024, then fell by 10 bps to 45.95% in 2025, then climbed by 20 bps to 55.1% in 2026.
• Business Quant data shows GLAD's Operating Margin at 55.1% in Q1 2026, 45.95% in Q4 2025, and 47.81% in Q3 2025.