Gladstone Investment Corporation Reports Q1 2025 Financial Results

Gladstone Investment Corporation has revealed its financial outcomes for the quarter ending June 30, 2025. The company reported a net investment income of $9.1 million, translating to $0.25 per share, marking an increase from the previous quarter's $7.2 million, or $0.20 per share. Despite this, the total investment income saw a decline, dropping to $23.5 million from $27.5 million.

Total expenses showed a significant decrease, falling to $14.5 million from $20.3 million, largely due to reduced capital gains-based and income-based incentive fees. The net asset value per share was recorded at $12.99, down from $13.55, impacted by distributions amounting to $28.8 million.

Highlighted investments include $49.5 million in Smart Chemical Solutions and $12.8 million in Sun State Nursery. Distributions during this quarter included a supplemental $0.54 per share in June. These financial moves demonstrate the company's strategic approach amid fluctuating income sources.