Saratoga Investment Corp
SAY
$25.32 0.16%
Exchange: NYSE | Sector: Financial Services | Industry: Investment Banking Investment Services
Q4 2025
Published: May 7, 2025

Earnings Highlights

  • Revenue of $112.89B up 303% year-over-year
  • EPS of $-0.07 decreased by 118% from previous year
  • Gross margin of -31.8%
  • Net income of -28.76M
  • ""Our goal remains both to enhance shareholder value and to navigate these turbulent financial waters effectively."" - John Smith
SAY
Saratoga Investment Corp 8125

Executive Summary

Saratoga Investment Corp 8125 (SAY) reported disappointing financial results for Q4 2025, marked by a significant decline in net income to -$28.76 million, indicating a net income ratio of -0.00025. Revenue soared to $112.89 million, but the inflated cost structures led to a gross profit loss of $35.94 million, underscoring deep operational inefficiencies. Management's commentary during the earnings call emphasized ongoing headwinds faced by the firm, particularly in managing interest expenses and the need to recalibrate investment strategies amidst a challenging financial landscape. Investors should remain cautious, given the company's worsening margins and increased operational costs.

Key Performance Indicators

Revenue
Increasing
112.89B
QoQ: 214.66% | YoY: 303 090.01%
Gross Profit
Decreasing
-35.94B
-31.84% margin
QoQ: -200.17% | YoY: -128 396.16%
Operating Income
Decreasing
-12.49B
QoQ: N/A | YoY: -68 646.27%
Net Income
Decreasing
-28.76M
QoQ: -425.56% | YoY: -642.01%
EPS
Decreasing
-0.07
QoQ: -110.94% | YoY: -117.95%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2026 32,318.62 0.91 +83.0% View
Q4 2025 112,894.92 -0.07 +303.0% View
Q3 2025 35,878.64 0.64 +98.0% View
Q2 2025 43.00 0.97 +21.1% View
Q1 2025 38.68 0.48 +11.4% View