Gladstone Capital (GLAD) Total Non-Current Liabilities (2022 - 2026)
Gladstone Capital's (GLAD) quarterly Total Non-Current Liabilities came in at $438.8 million in Q2 2026, up 50.94% on a YoY basis from $290.7 million in Q2 2025, and up 7.97% quarter-over-quarter from $406.4 million in Q1 2026.
Analysis
Gladstone Capital (GLAD) Total Non-Current Liabilities (2022 - 2026) Analysis & Trends
Gladstone Capital (GLAD) has reported Total Non-Current Liabilities for 5 consecutive years, with $438.8 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Total Non-Current Liabilities rose 50.94% year-over-year to $438.8 million; the trailing twelve-month figure through Jun 2026 stood at $438.8 million (up 50.94% YoY), and the FY2025 full-year result was $405.7 million, up 21.76% from the prior year.
- Total Non-Current Liabilities improved to $438.8 million in Q2 2026 per GLAD's latest filing, from $406.4 million in the prior quarter.
- Across five years, Total Non-Current Liabilities topped out at $438.8 million in Q2 2026 and bottomed at $286.4 million in Q1 2025.
- Historically, Total Non-Current Liabilities has averaged $353.4 million across 5 years, with a median of $346.1 million in 2022.
- The sharpest annual moves came in 2025 and 2026: Total Non-Current Liabilities dropped 24.53% in 2025, then surged 50.94% in 2026.
- Over 5 years, Total Non-Current Liabilities stood at $314.4 million in 2022, then grew by 10.48% to $347.3 million in 2023, then retreated by 6.52% to $324.7 million in 2024, then gained by 28.08% to $415.8 million in 2025, then climbed by 5.51% to $438.8 million in 2026.
- According to Business Quant data, Total Non-Current Liabilities over the past three periods registered $438.8 million, $406.4 million, and $415.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.39 Bn | 14.01 Bn | - | 16.51 Bn |
| 2 | Blackstone Secured Lending Fund | 5.76 Bn | 5.49 Bn | - | 7.84 Bn |
| 3 | Blue Owl Capital | 5.62 Bn | 5.38 Bn | - | 8.31 Bn |
| 4 | Main Street Capital | 5.39 Bn | 5.33 Bn | - | - |
| 5 | Blue Owl Technology Finance | 5.20 Bn | 4.99 Bn | - | 7.52 Bn |
| 6 | Hercules Capital | 4.68 Bn | 4.64 Bn | - | - |
| 7 | FS KKR Capital | 3.48 Bn | 3.37 Bn | - | 6.72 Bn |
| 8 | Golub Capital Bdc | 3.38 Bn | 3.34 Bn | - | 4.63 Bn |
| 9 | PennantPark Floating Rate Capital | 2.47 Bn | -134.94 Mn | - | 1.62 Bn |
| 10 | Gladstone Capital | 454.12 Mn | 454.12 Mn | - | 438.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 438.76 Mn |
| Mar 31, 2026 | 406.39 Mn |
| Dec 31, 2025 | 415.83 Mn |
| Sep 30, 2025 | 405.72 Mn |
| Jun 30, 2025 | 290.69 Mn |
| Mar 31, 2025 | 286.36 Mn |
| Dec 31, 2024 | 324.66 Mn |
| Sep 30, 2024 | 333.21 Mn |
| Jun 30, 2024 | 329.95 Mn |
| Mar 31, 2024 | 379.45 Mn |
| Dec 31, 2023 | 347.31 Mn |
| Sep 30, 2023 | 309.23 Mn |
| Jun 30, 2023 | 370.27 Mn |
| Mar 31, 2023 | 357.41 Mn |
| Dec 31, 2022 | 314.37 Mn |
| Sep 30, 2022 | 344.95 Mn |