Saratoga Investment Corp
SAT
$24.87 0.02%
Exchange: NYSE | Sector: Financial Services | Industry: Asset Management
Q3 2025
Published: Jan 8, 2025

Earnings Highlights

  • Revenue of $35.88B up 98% year-over-year
  • EPS of $0.64 increased by 306.5% from previous year
  • Gross margin of 100.0%
  • Net income of 8.83M
  • ""In this quarter, we strategically increased our direct lending footprint which proved beneficial amid market challenges."" - CEO
SAT
Saratoga Investment Corp 600

Executive Summary

In Q3 2025, Saratoga Investment Corp 600 (SAT) reported robust financial results, with a significant year-on-year increase in net income by 317.84%, reaching $8.83 million. The earnings per share (EPS) also saw a considerable rise of 306.45% despite a quarterly decline of 34.02%. Total revenue amounted to $35.88 billion, reflecting a staggering 98,465.21% increase compared to the same quarter last year, although it decreased by 16.57% sequentially.

Management has emphasized a strategic focus on direct lending opportunities within the US middle-market, leveraging their unique position as a specialty finance company. They remain optimistic about capitalizing on the evolving credit landscape and enhancing operational efficiencies. Investors should consider the implications of these financial results and management's outlook as potential indicators of future growth and stability.

Key Performance Indicators

Revenue
Increasing
35.88B
QoQ: -16.57% | YoY: 98 465.21%
Gross Profit
Increasing
35.88B
1.00% margin
QoQ: -16.55% | YoY: 127 015.47%
Net Income
Increasing
8.83M
QoQ: N/A | YoY: 317.84%
EPS
Increasing
0.64
QoQ: -34.02% | YoY: 306.45%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2026 32,318.62 0.91 -16.4% View
Q4 2025 31,295.08 -0.07 +83.0% View
Q3 2025 35,878.64 0.64 +98.0% View
Q2 2025 43,003.38 0.97 +120.0% View
Q1 2025 38,678.15 0.48 +111.0% View