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Saratoga Investment (SAR) Operating Expenses (2022 - 2025)

Saratoga Investment's Operating Expenses history spans 4 years, with the latest figure at $21.9 million for Q4 2025.

  • For Q4 2025, Operating Expenses fell 6.76% year-over-year to $21.9 million; the TTM value through Nov 2025 reached $46.2 million, down 36.79%, while the annual FY2025 figure was $95.9 million, 10.37% up from the prior year.
  • Operating Expenses for Q4 2025 was $21.9 million at Saratoga Investment, up from $412769.0 in the prior quarter.
  • Across five years, Operating Expenses topped out at $24.4 million in Q1 2024 and bottomed at $412769.0 in Q3 2025.
  • The 4-year median for Operating Expenses is $21.5 million (2023), against an average of $16.4 million.
  • The largest annual shift saw Operating Expenses skyrocketed 74.47% in 2023 before it crashed 97.35% in 2025.
  • A 4-year view of Operating Expenses shows it stood at $16.4 million in 2022, then surged by 35.38% to $22.2 million in 2023, then rose by 5.72% to $23.4 million in 2024, then decreased by 6.76% to $21.9 million in 2025.
  • Per Business Quant, the three most recent readings for SAR's Operating Expenses are $21.9 million (Q4 2025), $412769.0 (Q3 2025), and $645411.0 (Q2 2025).