Saratoga Investment (SAR) Change in Cash (2021 - 2026)
Saratoga Investment (SAR) recorded Change in Cash of $39.02 million in fiscal Q1 2027 (quarter ended May 31, 2026), up 99.5% from $19.56 million a year earlier.
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Analysis
Saratoga Investment (SAR) Change in Cash (2021 - 2026) Analysis & Trends
On a TTM basis, Saratoga Investment's Change in Cash came in at -$163.48 million as of May 31, 2026; for FY2026 (ended Feb 28, 2026), it came in at -$182.94 million.
- Across earlier fiscal years, Change in Cash came in at $164.22 million in FY2025, -$55.57 million in FY2024, $43.21 million in FY2023 (+88.2%) and $22.96 million in FY2022.
- The fiscal Q1 2027 figure is the highest quarterly Change in Cash since fiscal Q2 2025.
- Per Business Quant, the preceding three fiscal quarters came in at -$147.77 million (Q4 2026), -$31.25 million (Q3 2026) and -$23.48 million (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Cash (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 421.00 Mn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 225.59 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | -4.45 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | -41.26 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | -3.36 Bn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | -51.67 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 999.64 Mn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | -31.00 Mn |
| 10 | Saratoga Investment | 272.03 Mn | 66.25 Mn | - | 39.02 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 39.02 Mn |
| Feb 28, 2026 | -147.77 Mn |
| Nov 30, 2025 | -31.25 Mn |
| Aug 31, 2025 | -23.48 Mn |
| May 31, 2025 | 19.56 Mn |
| Feb 28, 2025 | -45.44 Mn |
| Aug 31, 2024 | 68.71 Mn |
| May 31, 2024 | 52.79 Mn |
| Feb 29, 2024 | -6.52 Mn |
| Nov 30, 2023 | -1.41 Mn |
| Aug 31, 2023 | -4.72 Mn |
| May 31, 2023 | -42.92 Mn |
| Feb 28, 2023 | 49.03 Mn |
| Nov 30, 2022 | 34.40 Mn |
| Aug 31, 2022 | -88.84 Mn |
| May 31, 2022 | 48.62 Mn |
| Feb 28, 2022 | -91.20 Mn |
| Nov 30, 2021 | 70.76 Mn |
API Access
Saratoga Investment Change in Cash API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-cash&ticker=SAR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-cash", "ticker": "SAR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-cash&ticker=SAR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();