Saratoga Investment Corp. (SAR) Financial Statements
In fiscal 2026, Saratoga Investment reported revenue of $125.7M, down 15.5% from $148.9M the year before. Net income was $36.6M (a 29.1% net margin), or $2.31 per diluted share. Operating activities generated -$88.0M of cash. At fiscal year end, Saratoga Investment held $1.14B in total assets against $743.1M in total liabilities, including $1.7M of cash and equivalents.
Open the full interactive Saratoga Investment financials → Quarterly statements, key ratios, valuation history and price charts.
Saratoga Investment Key Stats
| Share Price | $15.07 |
|---|---|
| Market Cap | $243.5M |
| P/E Ratio | 6.5 |
| Dividend Yield | 19.22% |
| Revenue YoY Growth | -15.6% |
| 52-Week Range | $14.91 – $22.17 |
| Shares Outstanding | 16.2 million (basic, 2027 Q2) |
Saratoga Investment Income Statement
| FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|
| Revenue | $99.1M | $143.7M | $148.9M | $125.7M |
| Pre-Tax Income | $24.5M | $9.0M | $28.5M | $36.5M |
| Income Tax | -$152,956 | $42,926 | $412,032 | -$138,168 |
| Net Income | $24.7M | $8.9M | $28.1M | $36.6M |
| Diluted EPS | $2.06 | $0.71 | $2.02 | $2.31 |
Saratoga Investment Quarterly Results
| 2026 Q3 | 2026 Q4 | 2027 Q1 | 2027 Q2 | |
|---|---|---|---|---|
| Revenue | $31.6M | $31.1M | $30.8M | $31.2M |
| Net Income | $12.0M | -$2.6M | -$6.9M | -$6.7M |
| Diluted EPS | $0.74 | -$0.16 | -$0.42 | -$0.41 |
Saratoga Investment Balance Sheet
| FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|
| Cash & Equivalents | $65.7M | $8.7M | $148.2M | $1.7M |
| Total Assets | $1.08B | $1.19B | $1.19B | $1.14B |
| Total Long-Term Debt | $728.4M | $820,375 | $793.9M | $739.4M |
| Total Liabilities | $731.2M | $821.0M | $798.9M | $743.1M |
| Shareholders' Equity | $347.0M | $370.2M | $392.7M | $396.2M |
Saratoga Investment Cash Flow Statement
| FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|
| Cash From Operations | -$130.4M | -$157.2M | $197.5M | -$88.0M |
| Cash From Financing | $173.6M | $101.6M | -$33.3M | -$94.9M |
| Dividends Paid | $22.7M | $32.1M | $40.7M | $52.4M |
Figures from Saratoga Investment's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Saratoga Investment financials page for every line item.
Saratoga Investment Company Profile
| Ticker | SAR |
|---|---|
| Exchange | NYSE |
| Headquarters | New York, New York |
| Incorporated in | Maryland |
| Fiscal Year End | February 28 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0001377936 |
Frequently Asked Questions
What was Saratoga Investment's revenue in fiscal 2026?
Saratoga Investment (SAR) reported revenue of $125.7M for fiscal 2026.
What is Saratoga Investment's annual revenue history?
Saratoga Investment's annual revenue by fiscal year: 2023: $99.1M; 2024: $143.7M; 2025: $148.9M; 2026: $125.7M.
What was Saratoga Investment's net income in fiscal 2026?
Saratoga Investment reported net income of $36.6M for fiscal 2026.
What was Saratoga Investment's earnings per share (EPS) in fiscal 2026?
Saratoga Investment's diluted EPS was $2.31 for fiscal 2026 (adjusted for any later stock splits).
What was Saratoga Investment's revenue last quarter?
In its most recent reported quarter (2027 Q2), Saratoga Investment reported revenue of $31.2M.
How much debt does Saratoga Investment have?
Saratoga Investment reported $739.4M of long-term debt, including the current portion, at the end of fiscal 2026.
How many shares of Saratoga Investment are outstanding?
Saratoga Investment reported a weighted average of 16.2 million basic shares outstanding in 2027 Q2.
What is Saratoga Investment's market cap?
Based on its latest closing price, Saratoga Investment (SAR) has a market capitalization of about $243.5M.
When does Saratoga Investment's fiscal year end?
Saratoga Investment's fiscal year end, as registered with the SEC, is February 28.
Where is Saratoga Investment headquartered?
Saratoga Investment lists its business address in New York, New York in its SEC filings.