Stocks · Financial Services · Asset Management
Gladstone Capital Corporation GLAD
$19.15 -1.34% Close, Oct 2, 2026 · NASDAQ · Market cap $432.7M
Next earnings report: Nov 16, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The diluted share count rose 27.0% in a year.
- Diluted EPS over the last four quarters was $1.88, down 44.7% year over year.
- Net debt is 7.5× EBITDA, a high level of leverage.
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 7%
- EPS growth (TTM, YoY)Bottom 14%
- FCF growth (TTM, YoY)Bottom 3%
- Revenue growth, 3-year CAGRTop 4%
- Revenue growth accelerationTop 6%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 27%
- Gross marginTop 41%
- Operating marginTop 2%
- Cash conversion (OCF / net income)Bottom 2%
- Accruals (lower is better)Bottom 1%
- Net debt / EBITDA (lower is better)Bottom 17%
- Interest coverTop 29%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 17%
- Free-cash-flow yieldBottom 4%
- EBITDA / enterprise valueBottom 50%
- Sales / enterprise valueBottom 9%
- P/E vs own 5-year history (lower is better)Bottom 41%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 19%
- 6-month returnTop 48%
- 1-year return vs S&P 500Bottom 21%
- Distance from 52-week highBottom 42%
- Trend checklist (0–4)Bottom 27%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 45%
- Consecutive EPS beatsTop 29%
- Share of analysts rating BuyBottom 9%
- Upside to consensus price targetBottom 42%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 33%
- Maximum drawdown, 3 yearsBottom 20%
- Beta vs S&P 500 (lower is better)Bottom 30%
- Net debt / EBITDA (lower is better)Bottom 17%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -35.6% | -17.3% | ↑ |
| EPS growth (YoY) | -55.9% | -44.7% | ↑ |
| Gross margin | 79.5% | 68.7% | ↓ |
| Operating margin | 79.1% | 71.7% | ↓ |
| FCF margin | 80.6% | -190.3% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -17.3% | -35.6% | ↑ | Bottom 7% |
| EPS growth (TTM, YoY) | -44.7% | -55.9% | ↑ | Bottom 14% |
| Gross margin | 68.7% | 79.5% | ↓ | Top 41% |
| Operating margin | 71.7% | 79.1% | ↓ | Top 2% |
| Net margin | 63.4% | 79.1% | ↓ | — |
| Free-cash-flow margin | -190.3% | 80.6% | ↓ | — |
| Return on invested capital | 5.9% | — | Top 27% | |
| Revenue growth, 3-year CAGR | 63.7% | — | Top 4% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- -2.00×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 20.7%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.0%
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 7.53×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 2.3×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 10.14%
- Net buyback yield (TTM)
- -1.64%
- Shareholder yield
- 8.50%
- Share count change, 1 year
- +27.0%
- Share count change, 3-year CAGR
- +14.6%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 4, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 4
- Beats in the last 8 reports
- 4 of 8
- Average EPS surprise, last 4
- +4.1%
- Average 2-day reaction, last 8
- -0.4%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $21.67
- Target vs current price
- +13.2%
- Analysts with a rating
- 14
- Share rating Buy or Strong Buy
- 14%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 4, 2026 | +2.9% | +1.7% | +2.4% | +5.9% | — |
| May 6, 2026 | +6.1% | -1.4% | +0.8% | -2.9% | -4.2% |
| Feb 4, 2026 | +4.2% | +2.1% | -5.3% | -7.0% | -5.6% |
| Nov 17, 2025 | +3.2% | -2.7% | +5.2% | +9.4% | -2.7% |
| Aug 4, 2025 | +0.0% | -1.3% | +0.2% | -3.1% | -28.1% |
| May 6, 2025 | +0.0% | -0.4% | +2.1% | +4.6% | +8.8% |
| Feb 11, 2025 | -5.7% | -2.1% | +2.3% | -6.7% | -12.1% |
| Nov 13, 2024 | -5.7% | +0.9% | +5.3% | +8.2% | +10.4% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 4, 2026 | $0.49 | $0.48 | +2.9% | $24.5M |
| May 6, 2026 | $0.52 | $0.49 | +6.1% | $26.0M |
| Feb 4, 2026 | $0.50 | $0.48 | +4.2% | $24.5M |
| Nov 17, 2025 | $0.52 | $0.50 | +3.2% | $20.4M |
| Aug 4, 2025 | $0.50 | $0.50 | +0.0% | $18.0M |
| May 6, 2025 | $0.50 | $0.50 | +0.0% | $20.4M |
| Feb 11, 2025 | $0.50 | $0.53 | -5.7% | $20.6M |
| Nov 13, 2024 | $0.50 | $0.53 | -5.7% | $96.6M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 10.2× | 7.5× | 67th | Top 17% |
| P/E (forward) | 9.6× | — | — | — |
| EV / EBITDA | 15.2× | — | — | Bottom 50% |
| EV / Sales | 10.86× | — | — | Bottom 9% |
| Free-cash-flow yield | -34.84% | — | — | Bottom 4% |
| Earnings yield | 9.82% | — | — | Top 17% |
P/E over the past five years
Range 4.4× – 26.9× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -11.3%
- Earnings per share growth (TTM)
- -44.7%
- Change in P/E multiple
- +30.1%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -0.2%
- 200-day average slope (20 days)
- -0.7%
- Distance from 50-day average
- -1.8%
- Distance from 200-day average
- -0.7%
- RSI (14)
- 42.6
- Relative volume
- 0.96×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 17.6%
- Volatility vs own 5-year history
- 14th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.87
- Correlation with S&P 500
- 0.53
- Current drawdown from 1-year high
- -12.1%
- Maximum drawdown, 3 years
- -45.4%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jan 28, 2025 | Mar 27, 2026 | -45.4% | 292 days | Not yet recovered |
| Apr 20, 2022 | Oct 11, 2022 | -34.2% | 120 days | 524 days (Nov 11, 2024) |
| Nov 17, 2021 | Jan 24, 2022 | -16.6% | 45 days | 58 days (Apr 18, 2022) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $432.7M
- P/E (TTM)
- 10.2
- EPS, diluted (TTM)
- $1.88
- Revenue (TTM)
- $79.2M
- Dividend yield
- 10.34%
- 52-week range
- $16.54 – $21.90
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $97.6M | $33.0M | $65.8M | $120.3M | $144.8M |
| Gross profit | $86.0M | $20.1M | $45.0M | $98.5M | $126.3M |
| Operating income | $84.3M | $19.9M | $42.7M | $94.7M | $80.4M |
| Net income | $84.3M | $19.9M | $42.7M | $94.7M | $58.1M |
| EPS (diluted) | $5.07 | $1.16 | $2.29 | $4.34 | $2.55 |
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $38.5M | $31.6M | $13.5M | $12.1M | $20.4M | $12.6M | $25.4M | $20.8M |
| Net income | $31.9M | $27.1M | $9.0M | $7.7M | $14.3M | $5.9M | $16.0M | $14.0M |
| EPS (diluted) | $1.47 | $1.21 | $0.39 | $0.33 | $0.59 | $0.19 | $0.63 | $0.47 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$14.1M | -$76.4M | -$10.9M | $3.2M | $43.6M |
| Capital expenditure | $0 | $0 | $0 | $0 | $0 |
| Free cash flow | -$14.1M | -$76.4M | -$10.9M | $3.2M | $43.6M |
| Dividends paid | -$26.0M | -$27.3M | -$35.4M | -$43.1M | -$55.5M |
| Net share buybacks | $26.9M | $4.5M | $87.4M | $11.0M | $9.6M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $2.4M
- Total assets
- $970.1M
- Total liabilities
- $438.8M
- Total debt
- $429.9M
- Net debt
- $427.5M
- Shareholders’ equity
- $530.7M
As of Jun 30, 2026 (filed Aug 4, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 21, 2026 | $0.15 | Sep 30, 2026 |
| Sep 10, 2026 | $0.18 | Sep 16, 2026 |
| Aug 18, 2026 | $0.15 | Aug 31, 2026 |
| Jul 24, 2026 | $0.15 | Jul 31, 2026 |
| Jun 23, 2026 | $0.15 | Jun 30, 2026 |
| May 20, 2026 | $0.15 | May 29, 2026 |
| Apr 24, 2026 | $0.15 | Apr 30, 2026 |
| Mar 23, 2026 | $0.15 | Mar 31, 2026 |
Short interest
- Shares sold short
- 1,042,375
- Days to cover
- 6.78
- Change vs previous report
- +13.0%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Apr 5, 2024
- 1-for-2