AI brief of an SEC Form 8-K · GLADSTONE INVESTMENT CORPORATION\DE (GAIN)
Gladstone Investment net investment income falls 70% to $4.8 million for quarter
Gladstone Investment Corporation reported net investment income of $4.8 million, or $0.12 per share, for the quarter ended September 30, 2026, down from $15.9 million, or $0.40 per share, in the prior quarter. Total investment income fell 14.8% to $24.2 million, while the net increase in net assets from operations rose to $17.1 million, helped by net unrealized appreciation, and net asset value per share rose to $16.43 from $16.24.
Key points
- Net investment income was $4.8 million, or $0.12 per share, versus $15.9 million, or $0.40 per share, in the June 30, 2026 quarter.
- Total investment income was $24.2 million, down from $28.4 million, mainly due to a $5.6 million decrease in success fee income.
- Net increase in net assets from operations was $17.1 million, or $0.43 per share, compared with a decrease of $11.9 million, or $0.30 per share, in the prior quarter.
- The quarterly distribution was $0.24 per share, unchanged from the prior quarter, and Walter H. Wilkinson Jr. resigned from the board on October 22, 2026.
The filing
CompanyGLADSTONE INVESTMENT CORPORATION\DE (GAIN)
Form8-K, current report
Filed with the SECNov 9, 2026, 4:25 PM ET
Accession number0001321741-26-000024
Written by AI on Nov 9, 2026, 4:46 PM ET, from this filing only.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.