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

Saratoga Investment has disclosed Operating Expenses across 6 years of filings, most recently posting $23.2 million for Q2 2026.

• In Q2 2026, Operating Expenses rose 4.54% year-over-year to $23.2 million; the TTM figure through May 2026 stood at $89.9 million (down 19.43% YoY), while the FY2026 annual figure was $88.9 million, down 7.25% from the prior year.
• Operating Expenses came in at $23.2 million for Q2 2026 at Saratoga Investment, down from $23.3 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $50.2 million in Q1 2025 to a low of $10.7 million in Q2 2022.
• Average Operating Expenses over 5 years is $21.7 million, with a median of $22.0 million recorded in 2023.
• Year-over-year, Operating Expenses jumped 105.42% in 2025 and sank 53.56% in 2026.
• Over 5 years, Operating Expenses stood at $16.4 million in 2022, then jumped by 35.38% to $22.2 million in 2023, then sank by 35.09% to $14.4 million in 2024, then soared by 51.86% to $21.9 million in 2025, then grew by 6.06% to $23.2 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $23.2 million in Q2 2026, $23.3 million in Q1 2026, and $21.9 million in Q4 2025.