Saratoga Investment Earnings Reports

In Q4 2025, Saratoga Investment Corp faced a decrease in adjusted net investment income per share to $0.56, missing analyst expectations. The company maintained strong portfolio quality with minimal non-accruals and transitioned to a monthly dividend structure.

Saratoga Investment Corp. announced strong deployments of $84.5 million, supporting new and existing platforms, and reported an increase in adjusted NII per share and LTM ROE. The company's portfolio remains resilient with strategic actions taken to resolve challenges in portfolio companies.

Saratoga Investment Corp. announced financial results for its 2025 fiscal second quarter ended August 31, 2024. Highlights include the full repayment and resolution of the Knowland investment, a return to increasing NAV per share, and continued substantial overearning of dividends.

Saratoga Investment Corp. reported financial results for its 2025 fiscal first quarter, with adjusted NII per share of $1.05. The company's strong key performance indicators this past quarter, including: (i) sequential adjusted NII per share increases of 12% over the past quarter ($0.94 to $1.05 per share), (ii) current assets under management stable at $1.096 billion, and (iii) dividends increasing to 74c per share, up 6% from 70c per share in Q1 last year and over-earned by 42% as compared to this quarter’s $1.05 per share adjusted NII.

Saratoga Investment Corp. reported its Q4 2024 financial results, highlighting a substantial year-over-year increase in net investment income (NII) driven by growth in Assets under Management (AUM), strong portfolio performance, and margin improvement. The company's annualized fourth-quarter dividend is $0.73 per share, and the adjusted net investment income is $0.94 per share.

Saratoga Investment Corp. reported a solid financial performance for its fiscal third quarter 2024, marked by a substantial year-over-year increase in earnings driven by growth in Assets under Management (AUM), stable overall portfolio performance, and margin improvement from increasing rates on its largely floating rate assets.

Saratoga Investment Corp. reported financial results for its fiscal second quarter 2024, featuring a substantial year-over-year increase in earnings driven by growth in AUM, stable portfolio performance, and margin improvement from rising rates. Adjusted NII per share remained steady at $1.08, up 86% from the previous year. The company's portfolio remains strong, with 84.6% of the portfolio in first liens, and a continued high level of investment quality in loan investments, with 98.2% of its loans this quarter at its highest internal rating.

Saratoga Investment Corp. reported strong fiscal first quarter 2024 financial results, driven by growth in AUM and margin improvement from rising rates. NII per share increased significantly, and the company saw record key performance indicators, including sequential quarterly adjusted NII per share increases and dividend growth.

Saratoga Investment Corp. reported financial results for Q4 2023, featuring a 27% increase in adjusted NII per share compared to the same quarter last year. The company's performance was driven by higher margins on its portfolio and a strong flow of investment opportunities.

Saratoga Investment Corp. reported financial results for its 2023 fiscal third quarter, with Net Investment Income (“NII”) per share notably up 30% over the prior quarter and up 84% over the year ago quarter, and Adjusted NII per share up 33% and 45%, respectively, over those same periods. The increase in earnings reflects the positive effects of rising rates on the Company’s asset and credit structure.

Saratoga Investment Corp. reported its fiscal second quarter 2023 financial results, noting significant market volatility. The company focused on balance sheet strength, growing its asset base in high-quality credits and the increase of the quarterly dividend level by $0.01. Total investment income increased, driven by a larger investment base and higher interest rates.

Saratoga Investment Corp. reported financial results for its 2023 fiscal first quarter, which coincided with significant market volatility. The company focused on balance sheet and liquidity strength, raised $97.5 million of 6.00% baby bonds, and maintained a high credit quality portfolio. Originations totaled $97 million, with $10 million of repayments.

Saratoga Investment Corp. announced strong fiscal year-end and fourth quarter 2022 financial results, with assets under management increasing significantly and a high level of investment quality in loan investments. The company's NAV per share reached an historic high, and originations in fiscal 2022 totaled $458 million invested, with $227 million of repayments.

Saratoga Investment Corp. reported a strong fiscal third quarter in 2022, with NAV per share reaching an historic high of $29.17. The company saw an increase in total investment income and adjusted net investment income. It invested $59 million in total originations and had $66 million in repayments. The Board of Directors increased the quarterly dividend by 1c per share, or 2%, and declared a 53c per share dividend for the quarter ended November 30, 2021.

Saratoga Investment Corp. reported a strong second quarter for fiscal year 2022, marked by a historic high NAV per share of $28.97 and solid portfolio performance. The company saw a substantial increase in market activity and focused on maintaining balance sheet and liquidity strength. Key achievements include a LTM return on equity of 14.4%, adjusted NII per share of $0.63, and NAV per share quarterly growth of $0.27, or 1%.

Saratoga Investment Corp. reported a net increase in net assets from operations of $9.3 million, or $0.83 per share for the quarter ended February 28, 2021. The company's NAV per share was $27.25 as of February 28, 2021, compared to $26.84 as of November 30, 2020.