Gladstone Capital Corporation (GLAD)

Gladstone Capital Cash Flow Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Net Income	35.67	57.19	94.51	42.67	19.91	84.3
Other Adjustments	11.03	-11.46	-46.63	-0.01	13.1	-55.95
Changes in Accrued Interest and Accounts Receivable	-1.47	0.22	0.18	-3.36	-0.38	0.64
Changes in Accounts Payable	-0.19	0.18	0.18	0.95	0.73	0.73
Changes in Other Operating Activities	2.23	-2.51	-2.05	2.56	-6.17	1.4
Operating Cash Flow	-63.28	-5.49	3.24	-10.86	-76.4	-14.06
Net Change in Loans Held-for-Investment	-110.54	-49.12	-42.95	-53.67	-103.59	-45.17
Investing Cash Flow	-110.54	-49.12	-42.95	-53.67	-103.59	-45.17
Short-Term Debt Issued	478.3	332	221.2	149	328.9	238.8
Short-Term Debt Repaid	-326.6	-402.6	-198.4	-243	-237.6	-316.3
Net Short-Term Debt Issued (Repaid)	151.7	-70.6	22.8	-94	91.3	-77.5
Long-Term Debt Issued	-	147.26	-	57	50	150
Long-Term Debt Repaid	-207	-	-	-	-38.81	-57.5
Net Long-Term Debt Issued (Repaid)	-207	147.26	-	57	11.19	92.5
Issuance of Common Stock	11.9	9.58	11	-	4.53	26.85
Net Common Stock Issued (Repurchased)	11.9	9.58	11	-	4.53	26.85
Issuance of Preferred Stock	95	87.39	11.54	7.85	-	-
Repurchase of Preferred Stock	-0.09	-	-	-	-	-
Net Preferred Stock Issued (Repurchased)	94.91	87.39	11.54	7.85	-	-
Common Dividends Paid	-45.66	-55.48	-43.14	-35.41	-27.32	-25.97
Other Financing Activities	-6.96	-6.75	-0.84	-4.83	-2.04	-3.44
Financing Cash Flow	65.58	35.56	-2.34	10.15	77.66	12.44
Net Cash Flow	2.29	30.07	0.9	-0.71	1.26	-1.62
Free Cash Flow	-63.28	-5.49	3.24	-10.86	-76.4	-14.06
FCF Margin	-69.03%	-6.16%	3.35%	-12.56%	-120.98%	-26.14%
Free Cash Flow Per Share	-2.62	-0.24	0.15	-0.58	-4.45	-0.85
Levered Free Cash Flow	-33.03	119.76	67.17	4.16	116.58	102.06
Unlevered Free Cash Flow	0.57	-2.11	-1.69	0.14	-5.82	2.76

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q