Gladstone Investment Corporation Reports Second Quarter 2025 Financial Results

Gladstone Investment Corporation announced its financial results for the second fiscal quarter ending September 30, 2025. The company reported a total investment income of $25.3 million, marking a 7.4% increase from the previous quarter. However, its net investment income declined by 52.9% to $4.3 million due to a rise in total expenses.

The company saw a significant net realized loss of $29.9 million but noted a strong net unrealized appreciation of $54.4 million. As a result, the net increase in net assets from operations rose by 269.4% to $28.7 million. The net asset value per common share increased from $12.99 to $13.53.

During the quarter, Gladstone made substantial investments, including $67.6 million in Global GRAB Technologies and a $20 million loan to J.R. Hobbs Co. In its ATM program, Gladstone sold over 2.2 million shares, raising $31.1 million. The company declared distributions of $0.24 per share for the quarter.