Saratoga Investment reported cash from operations of -$25.97M and free cash flow of -$25.97M for the quarter ended May 2026, down 180.4% year over year. This cash flow statement covers 19 quarters of results from Aug 2021 through May 2026, standardized by Business Quant from the company’s SEC filings.
| Cash Flow Statement | Aug2021 | Nov2021 | Feb2022 | May2022 | Aug2022 | Nov2022 | Feb2023 | May2023 | Aug2023 | Nov2023 | Feb2024 | May2024 | Aug2024 | Feb2025 | May2025 | Aug2025 | Nov2025 | Feb2026 | May2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||
| Deferred Taxes | 0.13M | 0.02M | 0.10M | -0.34M | -0.02M | 0.64M | -0.08M | -0.01M | -0.00M | ||||||||||
| Change in Interest Receivables | -0.55M | 0.53M | 0.23M | -0.31M | 3.80M | -0.66M | -0.33M | 0.20M | 1.20M | 1.06M | -0.68M | 0.47M | 0.02M | 0.52M | 0.62M | 0.28M | -1.59M | 1.73M | |
| Cash from Operations | 15.29M | -146.20M | -80.21M | -60.26M | -22.46M | 32.56M | -110.91M | -7.08M | -18.55M | -20.66M | 52.15M | 71.15M | -19.92M | 32.29M | -19.30M | -8.60M | -92.42M | -25.97M | |
| Change in Working Capital | |||||||||||||||||||
| Change in Account Payables | 0.20M | -0.08M | 0.41M | -0.45M | 6.75M | -4.75M | -1.41M | -0.35M | 0.01M | ||||||||||
| Change in Accured Expenses | 0.03M | 0.04M | -1.40M | 2.33M | -0.10M | 0.10M | -1.29M | 0.83M | -0.20M | 0.46M | -1.08M | 1.35M | -0.93M | -1.95M | 0.69M | -1.44M | 1.43M | -0.59M | -0.50M |
| Financing Activities | |||||||||||||||||||
| Other financing activities | 2.20M | 2.24M | 4.11M | 0.98M | 2.31M | 2.74M | 2.72M | 1.37M | 0.39M | 0.22M | 0.88M | 0.32M | 2.00 | 0.01M | 0.01M | 1.35M | 5.48M | 1.71M | |
| Debt Issuance and Repayment | |||||||||||||||||||
| Long-Term Debt Issuances | 75.00M | 97.50M | 8.00M | 58.00M | 60.38M | 77.50M | 23.00M | 7.00M | 17.50M | 32.50M | 99.56M | 53.00M | |||||||
| Long-Term Debt Repayments | 22.00M | 32.88M | 30.00M | 27.00M | 12.50M | 44.00M | 47.00M | ||||||||||||
| Change in Capital Stock | |||||||||||||||||||
| Net Equity Issued and Repurchased | 15.16M | 11.51M | 9.01M | 13.03M | 30.22M | 6.14M | 11.10M | 1.51M | 227.20M | ||||||||||
| Dividend Payments | |||||||||||||||||||
| Dividends Paid - Common and Prefferd | 4.87M | 5.32M | 5.32M | 5.28M | 5.28M | 6.78M | 7.13M | 7.60M | 8.43M | 8.89M | 8.98M | 9.12M | 13.69M | 16.67M | 10.51M | 10.80M | 14.38M | 10.80M | |
| Misc. | |||||||||||||||||||
| Cash from Financing Activities | 55.47M | 55.00M | 128.83M | -28.59M | 56.86M | 16.47M | 67.99M | 2.36M | 17.15M | 14.14M | 0.64M | -2.44M | -25.52M | -12.73M | -4.18M | -22.64M | -55.36M | 64.99M | |
| Change in Cash | 70.76M | -91.20M | 48.62M | -88.84M | 34.40M | 49.03M | -42.92M | -4.72M | -1.41M | -6.52M | 52.79M | 68.71M | -45.44M | 19.56M | -23.48M | -31.25M | -147.77M | 39.02M | |
| Free Cash Flow | 15.29M | -146.20M | -80.21M | -60.26M | -22.46M | 32.56M | -110.91M | -7.08M | -18.55M | -20.66M | 52.15M | 71.15M | -19.92M | 32.29M | -19.30M | -8.60M | -92.42M | -25.97M | |
| Net Cash Flow | 70.76M | -91.20M | 48.62M | -88.84M | 34.40M | 49.03M | -42.92M | -4.72M | -1.41M | -6.52M | 52.79M | 68.71M | -45.44M | 19.56M | -23.48M | -31.25M | -147.77M | 39.02M |
Pull Saratoga Investment's standardized financial statements into your own models, spreadsheets and apps with the Business Quant Financial Statements API. The request below follows the statement, frequency and period selected above. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/statements?ticker=SAR&statement=CF&frequency=Quarter&period=all&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/statements"
params = {"ticker": "SAR", "statement": "CF", "frequency": "Quarter", "period": "all", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/statements?ticker=SAR&statement=CF&frequency=Quarter&period=all&api_key=YOUR_API_KEY");
const data = await res.json();