Financials in USD. Standardized financial statements.
A compact view of how Saratoga Investment Corp. turns revenue into operating income and net income.
| Metric | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $99.22M | $94.16M | $69.55M | $69.85M | $77.46M | $39.91M | $78.29M | $37.91M | $33.38M | $27.04M |
| Revenue Growth? | +5.4% | +35.4% | -0.4% | -9.8% | +94.1% | -49.0% | +106.5% | +13.6% | +23.5% | 0.0% |
| Cost of Revenue? | $49.30M | $52.06M | $49.18M | $33.50M | $19.88M | $13.59M | $14.68M | $13.13M | $10.94M | $9.89M |
| Gross Profit? | $49.92M | $42.10M | $20.36M | $36.35M | $57.58M | $26.32M | $63.61M | $24.79M | $22.44M | $17.15M |
| Gross Margin? | +50.3% | +44.7% | +29.3% | +52.0% | +74.3% | +66.0% | +81.2% | +65.4% | +67.2% | +63.4% |
| Operating Expenses? | $11.83M | $10.14M | $8.66M | $9.60M | $9.06M | $6.38M | $7.26M | $5.54M | $4.78M | $5.72M |
| Operating Income? | $38.09M | $31.97M | $11.70M | $26.76M | $48.52M | $19.94M | $56.35M | $19.25M | $17.66M | $11.43M |
| EBITDA? | $38.09M | $31.97M | $11.70M | $26.76M | $48.52M | $19.94M | $56.35M | $19.25M | $17.66M | $11.43M |
| Income Before Tax | $38.09M | $31.97M | $11.70M | $26.76M | $48.52M | $19.94M | $56.35M | $19.25M | $17.66M | $11.43M |
| Income Tax Expense | $1.48M | $3.88M | $2.77M | $2.08M | $2.78M | $5.16M | $607,646 | $739,717 | -$14,738 | $44,770 |
| Net Income? | $36.60M | $28.09M | $8.93M | $24.68M | $45.74M | $14.78M | $55.74M | $18.51M | $17.68M | $11.39M |
| EPS? | $2.31 | $2.02 | $0.71 | $2.06 | $3.99 | $1.32 | $5.98 | $2.63 | $2.93 | $1.98 |
| Diluted EPS? | $2.31 | $2.02 | $0.71 | $2.06 | $3.99 | $1.32 | $5.98 | $2.63 | $2.93 | $1.98 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality