Saratoga Investment Corp. (SAR)

Saratoga Investment Income Statement

Financials in millions USD. Fiscal year is March - February.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2025	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021
Operating Revenue	4.51	4.7	5.42	6.85	7.57	4.67
Other Revenue	125.61	144.16	138.3	92.25	63.17	52.99
Revenue	130.12	148.86	143.72	99.1	70.74	57.65
Revenue Growth (YoY)	-16.19%	3.57%	45.02%	40.09%	22.71%	-1.36%
Gross Profit	130.12	148.86	143.72	99.1	70.74	57.65
Selling, General & Admin	36.83	40.98	35.79	29.49	30.33	20.26
Operating Expenses	36.83	40.98	35.79	29.49	30.33	20.26
Operating Income	93.28	107.88	107.93	69.61	40.41	37.39
Interest Expense	-50.79	-52.06	-49.18	-33.5	-19.88	-13.59
EBT Excluding Unusual Items	42.49	55.82	58.75	36.12	20.53	23.81
Gain (Loss) on Sale of Investments	-3.52	-24.12	-47.83	-9.49	31.11	-4.31
Other Unusual Items	-0.8	-0.8	-0.11	-1.59	-2.43	-0.13
Pretax Income	38.18	30.9	10.81	25.04	49.21	19.36
Income Tax Expense	2.8	2.82	1.87	0.37	3.48	4.59
Net Income	35.38	28.09	8.93	24.68	45.74	14.78
Net Income to Common	35.38	28.09	8.93	24.68	45.74	14.78
Net Income Growth	67.03%	214.38%	-63.80%	-46.05%	209.50%	-73.49%
Shares Outstanding (Basic)	15	14	13	12	11	11
Shares Outstanding (Diluted)	15	14	13	12	11	11
Shares Change (YoY)	9.78%	9.80%	5.91%	4.42%	2.40%	20.06%
EPS (Basic)	2.38	2.02	0.71	2.06	3.99	1.32
EPS (Diluted)	2.38	2.02	0.71	2.06	3.99	1.32
EPS Growth	52.15%	186.33%	-65.82%	-48.33%	202.26%	-77.92%
Dividend Per Share	2.980	2.960	2.860	2.440	2.020	1.660
Dividend Growth	1.71%	3.50%	17.21%	20.79%	21.69%	-0.60%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	71.69%	72.47%	75.09%	70.24%	57.13%	64.86%
Profit Margin	27.19%	18.87%	6.22%	24.90%	64.65%	25.63%
EBIT	93.28	107.88	107.93	69.61	40.41	37.39
EBIT Margin	71.69%	72.47%	75.09%	70.24%	57.13%	64.86%
Effective Tax Rate	7.33%	9.12%	17.33%	1.46%	7.07%	23.69%
Revenue as Reported	130.12	148.86	143.72	99.1	70.74	57.65

Updated Oct 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q