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

Saratoga Investment (SAR) has 6 years of Operating Expenses data on file, last reported at $23.3 million in Q1 2026.

• Quarterly Operating Expenses fell 53.56% year-over-year to $23.3 million in Q1 2026, while the trailing twelve-month figure through Feb 2026 was $88.9 million (down 21.85% YoY) and the FY2026 annual result came in at $88.9 million, down 7.25% from the prior year.
• Operating Expenses improved to $23.3 million in Q1 2026 per SAR's latest filing, from $21.9 million in the prior quarter.
• The five-year high for Operating Expenses was $50.2 million in Q1 2025, with the low at $10.7 million in Q2 2022.
• Average Operating Expenses over 5 years is $21.6 million, with a median of $21.9 million recorded in 2025.
• Year-over-year, Operating Expenses jumped 105.42% in 2025 and plunged 53.56% in 2026.
• Saratoga Investment's Operating Expenses stood at $16.4 million in 2022, then jumped by 35.38% to $22.2 million in 2023, then plunged by 35.09% to $14.4 million in 2024, then soared by 51.86% to $21.9 million in 2025, then rose by 6.71% to $23.3 million in 2026.
• Business Quant data shows SAR's Operating Expenses at $23.3 million in Q1 2026, $21.9 million in Q4 2025, and $21.5 million in Q3 2025.