Saratoga Investment SAJ
NYSE SAJ
$25.13 -0.19 (-0.76%)
At close: Aug 18, 2026 · 3:59 PM UTC

Saratoga Investment (SAJ) Operating Expenses (2021 - 2026)

Saratoga Investment (SAJ) posted Operating Expenses of $23.2 million for Q2 2026, down 0.61% sequentially from $23.3 million in Q1 2026, and up 4.54% YoY from $22.2 million in Q2 2025.

Saratoga Investment (SAJ) Operating Expenses (2021 - 2026) Analysis & Trends

Saratoga Investment has reported Operating Expenses for 6 years, with the latest figure at $23.2 million in Q2 2026.

  • Quarterly Operating Expenses rose 4.54% year-over-year to $23.2 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $89.9 million (down 19.43% YoY) and the FY2026 annual result came in at $88.9 million, down 7.25% from the prior year.
  • Operating Expenses retreated to $23.2 million in Q2 2026 per SAJ's latest filing, from $23.3 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $50.2 million in Q1 2025 and troughed at $10.7 million in Q2 2022.
  • A 5-year average of $21.7 million and a median of $22.0 million in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2025 and 2026: Operating Expenses surged 105.42% in 2025, then slumped 53.56% in 2026.
  • Over 5 years, Operating Expenses stood at $16.4 million in 2022, then soared by 35.38% to $22.2 million in 2023, then tumbled by 35.09% to $14.4 million in 2024, then surged by 51.86% to $21.9 million in 2025, then rose by 6.06% to $23.2 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $23.2 million, $23.3 million, and $21.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

Historic Data

Download Data
DateValue
May 31, 2026 23.18 Mn
Feb 28, 2026 23.33 Mn
Nov 30, 2025 21.86 Mn
Aug 31, 2025 21.55 Mn
May 31, 2025 22.18 Mn
Feb 28, 2025 50.22 Mn
Nov 29, 2024 14.39 Mn
Aug 31, 2024 24.81 Mn
May 31, 2024 24.34 Mn
Feb 29, 2024 24.45 Mn
Nov 30, 2023 22.17 Mn
Aug 31, 2023 21.55 Mn
May 31, 2023 18.67 Mn
Feb 28, 2023 22.67 Mn
Nov 30, 2022 16.38 Mn
Aug 31, 2022 14.15 Mn
May 31, 2022 10.70 Mn
Feb 28, 2022 13.18 Mn
Nov 30, 2021 11.31 Mn
Aug 31, 2021 12.05 Mn