Saratoga Investment (SAJ) EBITDA (2021 - 2026)
Saratoga Investment's (SAJ) quarterly EBITDA came in at $7.6 million in Q2 2026, down 25.13% year-over-year from $10.1 million in Q2 2025, and down 2.62% quarter-over-quarter from $7.8 million in Q1 2026.
Analysis
Saratoga Investment (SAJ) EBITDA (2021 - 2026) Analysis & Trends
Saratoga Investment has disclosed EBITDA across 6 years of filings, most recently posting $7.6 million for Q2 2026.
- In Q2 2026, EBITDA fell 25.13% year-over-year to $7.6 million; the TTM figure through May 2026 stood at $34.3 million (down 4.14% YoY), while the FY2026 annual figure was $36.8 million, down 30.56% from the prior year.
- EBITDA came in at $7.6 million for Q2 2026 at Saratoga Investment, down from $7.8 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $18.2 million in Q3 2024 to a low of -$636840.0 in Q4 2024.
- Average EBITDA over 5 years is $10.1 million, with a median of $9.7 million recorded in 2023.
- Year-over-year, EBITDA slumped 104.5% in 2024 and surged 1636.71% in 2025.
- Over 5 years, EBITDA stood at $9.9 million in 2022, then surged by 43.42% to $14.2 million in 2023, then tumbled by 104.5% to -$636840.0 in 2024, then surged by 1636.71% to $9.8 million in 2025, then retreated by 22.41% to $7.6 million in 2026.
- Per Business Quant data, the three most recent EBITDA figures were $7.6 million in Q2 2026, $7.8 million in Q1 2026, and $9.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.14 Bn | 13.76 Bn | - | 367.00 Mn |
| 2 | Blackstone Secured Lending Fund | 5.70 Bn | 5.44 Bn | - | 178.20 Mn |
| 3 | Blue Owl Capital | 5.54 Bn | 5.30 Bn | - | 176.89 Mn |
| 4 | Main Street Capital | 5.29 Bn | 5.23 Bn | - | 93.80 Mn |
| 5 | Blue Owl Technology Finance | 5.08 Bn | 4.87 Bn | - | 139.07 Mn |
| 6 | Hercules Capital | 4.65 Bn | 4.60 Bn | - | 92.92 Mn |
| 7 | FS KKR Capital | 3.42 Bn | 3.31 Bn | - | - |
| 8 | Golub Capital Bdc | 3.32 Bn | 3.27 Bn | - | 85.22 Mn |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -127.01 Mn | - | 5.81 Mn |
| 10 | Saratoga Investment | 409.08 Mn | 33.71 Mn | - | 7.59 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 7.59 Mn |
| Feb 28, 2026 | 7.80 Mn |
| Nov 30, 2025 | 9.79 Mn |
| Aug 31, 2025 | 9.08 Mn |
| May 31, 2025 | 10.14 Mn |
| Feb 28, 2025 | 8.03 Mn |
| Nov 29, 2024 | -636,840.00 |
| Aug 31, 2024 | 18.20 Mn |
| May 31, 2024 | 14.34 Mn |
| Feb 29, 2024 | 12.78 Mn |
| Nov 30, 2023 | 14.17 Mn |
| Aug 31, 2023 | 13.96 Mn |
| May 31, 2023 | 15.96 Mn |
| Feb 28, 2023 | 9.65 Mn |
| Nov 30, 2022 | 9.88 Mn |
| Aug 31, 2022 | 7.70 Mn |
| May 31, 2022 | 7.98 Mn |
| Feb 28, 2022 | 5.80 Mn |
| Nov 30, 2021 | 5.20 Mn |
| Aug 31, 2021 | 6.39 Mn |