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

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

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

Saratoga Investment (SAJ) has 6 years of Operating Expenses data on file, last reported at $23.2 million in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 4.54% year-over-year to $23.2 million; the trailing twelve-month figure through May 2026 stood at $89.9 million (down 19.43% YoY), and the FY2026 full-year result was $88.9 million, down 7.25% from the prior year.
  • Operating Expenses retreated to $23.2 million in Q2 2026, 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.
  • A 5-year average of $21.7 million and a median of $22.0 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses soared 105.42% in 2025 and plunged 53.56% in 2026, its largest moves.
  • Tracing SAJ's Operating Expenses over 5 years: stood at $16.4 million in 2022, then soared by 35.38% to $22.2 million in 2023, then plunged by 35.09% to $14.4 million in 2024, then surged by 51.86% to $21.9 million in 2025, then climbed by 6.06% to $23.2 million in 2026.
  • Business Quant data shows SAJ's Operating Expenses at $23.2 million in Q2 2026, $23.3 million in Q1 2026, and $21.9 million in Q4 2025.

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