Saratoga Investment Corp 600 (SAT)

Name: Saratoga Investment Corp 600 Financial Statements
Creator: Quarter Results

Financial Services | Asset Management

Latest reporting period: 2026-02-28

Latest Quarter

2026-02-28

Revenue

$14.9M

Net Income

-$2.6M

Operating Margin

-5.0%

Free Cash Flow

-$88.0M

Debt / Assets

65.4%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Saratoga Investment Corp 600 (SAT).
Income Statement (Quarterly)	2026-02-28	2025-11-30	2025-08-31	2025-05-31
Revenue	14,915,585	27,250,227	27,760,663	29,294,088
Cost of Revenue	12,567,078	11,911,568	12,372,030	12,451,865
Gross Profit	2,348,507	15,338,659	15,388,633	16,842,223
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	2,398,068	3,270,062	2,538,811	2,800,421
Operating Expenses	3,098,921	3,393,219	2,538,811	2,800,421
Operating Income	-750,414	11,945,440	12,849,822	14,041,802
Interest Expense	12,567,078	11,911,568	12,372,030	12,451,865
Income Before Tax	-750,414	11,945,440	12,849,822	14,041,802
Income Tax Expense	1,862,670	-54,544	-435,313	109,539
Net Income	-2,613,084	11,999,984	13,285,135	13,932,263
Per Share
EPS	-0.16	0.74	0.84	0.91
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Saratoga Investment Corp 600 (SAT).
Income Statement (Annual)	2026-02-28	2025-02-28	2024-02-29	2023-02-28	2022-02-28
Revenue	99,220,563	94,163,000	143,873,489	106,550,716	57,582,247
Cost of Revenue	49,302,541	52,059,000	31,110,722	24,641,494	26,602,187
Gross Profit	49,918,022	42,104,000	112,762,767	81,909,222	30,980,060
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	11,007,362	9,338,000	35,792,936	29,489,908	6,630,583
Operating Expenses	11,831,372	10,139,000	35,792,936	40,563,859	9,064,993
Operating Income	38,086,650	31,965,690	107,927	60,775,150	68,397,947
Interest Expense	49,302,541	52,059,000	49,179,899	33,498,489	19,880,693
Income Before Tax	38,086,650	31,965,690	10,806,588	25,689,572	48,517,254
Income Tax Expense	1,482,352	3,879,433	1,872,763	1,013,809	2,782,070
Net Income	36,604,298	28,086,257	8,933,825	24,675,763	45,735,184
Per Share
EPS	2.31	2.02	0.71	2.06	3.99
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Saratoga Investment Corp 600 (SAT).
Balance Sheet (Quarterly)	2026-02-28	2025-02-28	2024-02-29	2023-02-28
Assets
Cash and Cash Equivalents	21,785,753	148,218,491	40,507,000	96,076,273
Short Term Investments	0	0	0	0
Net Receivables	7,563,773	7,791,661	10,742,000	8,960,311
Inventory	0	0	0	103,853,389,242
Total Current Assets	29,349,526	156,010,152	51,248,821,000	105,036,584,000
Property Plant Equipment	0	0	0	0
Goodwill and Intangibles	0	0	0	0
Total Assets	1,139,265,104	1,191,543,857	1,191,206,000	1,078,158,174
Liabilities
Account Payables	1,771,915	5,585,852	1,337,542,000	1,464,343,000
Short Term Debt	70,000,000	0	54,882,329,000	32,500,000,000
Total Current Liabilities	80,508,077	5,585,852	68,399,261,000	49,758,024,000
Long Term Debt	659,858,737	781,823,075	803,674,000	711,125,536
Total Liabilities	744,946,336	798,878,389	820,982,000	731,200,132
Shareholders Equity
Retained Earnings	-43,062,947	-20,263,312	-870,745	25,052,345
Total Shareholders Equity	396,155,754	392,665,468	370,224,000	346,958,042

Balance sheet annual history for Saratoga Investment Corp 600 (SAT).
Balance Sheet (Annual)	2026-02-28	2025-02-28	2024-02-29	2023-02-28	2022-02-28
Assets
Cash and Cash Equivalents	21,785,753	148,218,491	40,507,000	96,076,273	52,870,342
Short Term Investments	0	0	0	0	0
Net Receivables	7,563,773	7,791,661	10,742,000	8,960,311	5,547,078
Inventory	0	0	0	103,853,389,242	1
Total Current Assets	29,349,526	156,010,152	51,248,821,000	105,036,584,000	58,417,420
Property Plant Equipment	0	0	0	0	0
Goodwill and Intangibles	0	0	0	0	0
Total Assets	1,139,265,104	1,191,543,857	1,191,206,000	1,078,158,174	876,239,755
Liabilities
Account Payables	1,771,915	5,585,852	1,337,542,000	1,464,343,000	3,600,679
Short Term Debt	70,000,000	0	54,882,329,000	32,500,000,000	306,914,578,000
Total Current Liabilities	80,508,077	5,585,852	68,399,261,000	49,758,024,000	3,600,679
Long Term Debt	659,858,737	781,823,075	803,674,000	711,125,536	498,878,480
Total Liabilities	744,946,336	798,878,389	820,982,000	731,200,132	520,459,232
Shareholders Equity
Retained Earnings	-43,062,947	-20,263,312	-870,745	25,052,345	27,706,146
Total Shareholders Equity	396,155,754	392,665,468	370,224,000	346,958,042	355,780,523

Cash flow quarterly history for Saratoga Investment Corp 600 (SAT).
Cash Flow Statement (Quarterly)	2026-02-28	2025-02-28	2024-02-29	2023-02-28
Operating Activities
Net Income	36,604,298	28,086,257	8,933,825	24,675,763
Depreciation & Amortization	0	5,025,786	5,171,249	4,418,481,000
Stock Based Compensation	0	0	0	0
Change in Working Capital	1,105,660	1,811,792	-6,154,365	-6,763,303
Operating Cash Flow	-88,029,733	197,538,505	-157,206,679	32,486,395
Investing Activities
Capital Expenditure	0	0	0	0
Investments	0	0	0	0
Investing Cash Flow	0	0	-215,829,859	-162,860,234
Financing Activities
Debt Repayment	-54,941,500	-27,676,808	92,000,000	-207,614,000
Common Stock Issued/Repurchased	19,267,937	32,750,583	-2,157,605	-11,360,326
Dividends Paid	-52,356,092	-40,747,247	-32,053,610	-22,665,140
Financing Cash Flow	-94,908,438	-33,321,705	101,637,530	173,579,770
Summary
Free Cash Flow	-88,029,733	197,538,505	-157,206,679	32,486,395
Net Change in Cash	-182,938,171	164,216,800	-55,569,149	43,205,931

Cash flow annual history for Saratoga Investment Corp 600 (SAT).
Cash Flow Statement (Annual)	2026-02-28	2025-02-28	2024-02-29	2023-02-28	2022-02-28
Operating Activities
Net Income	36,604,298	28,086,257	8,933,825	24,675,763	45,735,184
Depreciation & Amortization	0	5,025,786	5,171,249	4,418,481,000	4,418,481,000
Stock Based Compensation	0	0	0	0	673,648
Change in Working Capital	1,105,660	1,811,792	-6,154,365	-6,763,303	10,460,307
Operating Cash Flow	-88,029,733	197,538,505	-157,206,679	32,486,395	-203,133,627
Investing Activities
Capital Expenditure	0	0	0	0	0
Investments	0	0	0	0	0
Investing Cash Flow	0	0	-215,829,859	-162,860,234	-55,076,288,000
Financing Activities
Debt Repayment	-54,941,500	-27,676,808	92,000,000	-207,614,000	-155,500,000
Common Stock Issued/Repurchased	19,267,937	32,750,583	-2,157,605	-11,360,326	24,290,166
Dividends Paid	-52,356,092	-40,747,247	-32,053,610	-22,665,140	-18,158,029
Financing Cash Flow	-94,908,438	-33,321,705	101,637,530	173,579,770	226,088,895
Summary
Free Cash Flow	-88,029,733	197,538,505	-157,206,679	32,486,395	-203,133,627
Net Change in Cash	-182,938,171	164,216,800	-55,569,149	43,205,931	22,955,268