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

Saratoga Investment's Operating Expenses history runs 6 years deep, the most recent figure standing at $23.3 million for Q1 2026.

• In Q1 2026, Operating Expenses fell 53.56% year-over-year to $23.3 million; the TTM figure through Feb 2026 stood at $88.9 million (down 21.85% YoY), while the FY2026 annual figure was $88.9 million, down 7.25% from the prior year.
• Operating Expenses came in at $23.3 million for Q1 2026 at Saratoga Investment, up from $21.9 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 $21.6 million and a median of $21.9 million in 2025 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses jumped 105.42% in 2025 and sank 53.56% in 2026, its largest moves.
• Saratoga Investment's Operating Expenses stood at $16.4 million in 2022, then surged by 35.38% to $22.2 million in 2023, then slumped by 35.09% to $14.4 million in 2024, then jumped by 51.86% to $21.9 million in 2025, then grew by 6.71% to $23.3 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $23.3 million, $21.9 million, and $21.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison