{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-284725","form_type":"8-K","ticker":"GLAD","cik":"0001143513","company_name":"GLADSTONE CAPITAL CORP","filed_at":"2022-11-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.746076+00:00","generated_at":"2026-06-21T19:29:40.778933+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"GLAD Q4 NII $0.22/share, up 7.6% QoQ; FY NII $32.3M, portfolio grows 16.5%","bullets":["Q4 NII $7.5M ($0.22/share) vs $6.9M ($0.2025) prior quarter, up 7.6%.","FY2022 total investment income $63.2M, up 17.4% YoY; NII $32.3M ($0.94/share), up 23.6%.","Portfolio expanded: $86M invested in Q4, net originations $64.2M; total investments fair value $649.6M.","Credit facility upsized twice: by $50M to $225M in Q4, then by $20M to $245M post-quarter.","President cites rising rates, strong originations; hints at potential common distribution increase."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-284725","json":"https://secwatch.observer/filing/0001193125-22-284725.json","markdown":"https://secwatch.observer/filing/0001193125-22-284725.md","text":"https://secwatch.observer/filing/0001193125-22-284725.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1143513/000119312522284725/0001193125-22-284725-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1143513/000119312522284725/d418089d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T19:29:40.778933+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"04a0c94c023e7fb4b3a9db782d79547dc2017ece","claim":"GLADSTONE CAPITAL CORP reported quarter ended September 30, 2022 results: revenue $15.9 million, net income $7.5 million, EPS $0.22.","evidence_excerpt":"Total investment income during the quarters ended September 30, 2022 and June 30, 2022 was $15.9 million and $13.8 million, respectively. The quarter over quarter increase was primarily due to increases in both the weighted average yield and the weighted average principal balance of our interest-bearing investments. The weighted average yield on our interest-bearing investments increased to 11.2% during the quarter ended September 30, 2022 as compared to 10.0% during the quarter ended June 30, 2022. The weighted average principal balance of our interest-bearing investment portfolio increased to $553.3 million during the quarter ended September 30, 2022, as compared to $506.1 million during the quarter ended June 30, 2022. Total expenses increased by 23.8% quarter over quarter, primarily due to a $0.7 million increase in net incentive fees driven by higher net investment income and a $0.6 million increase in interest expense, quarter over quarter. Net investment income for the quarter e","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1143513/000119312522284725/0001193125-22-284725-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended September 30, 2022"},{"label":"Revenue","value":"$15.9 million"},{"label":"Net income","value":"$7.5 million"},{"label":"EPS","value":"$0.22"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"0788410e7a6b074c915472150bc4b93684fbd47c","claim":"GLADSTONE CAPITAL CORP reported year ended September 30, 2022 results: revenue $63.2 million, net income $32.3 million, EPS $0.94.","evidence_excerpt":"Total investment income during the years ended September 30, 2022 and 2021 was $63.2 million and $53.8 million, respectively. The year over year increase was primarily due to a $4.0 million increase in interest income, driven by an increase in the average principal balance of our interest-bearing investment portfolio of $54.2 million, or 11.7%, year over year, partially offset by a slight decrease in the weighted average yield from 10.6% during the year ended September 30, 2021 to 10.4% during the year ended September 30, 2022. Expenses, net of any non-contractual, unconditional and irrevocable credits to fees from the Adviser, increased $3.2 million, or 11.6%, for the year ended September 30, 2022, as compared to the prior year. This increase was primarily due to a $1.8 million increase in the net incentive fee and a $1.5 million increase in interest expense on borrowings. Net investment income for the year ended September 30, 2022 was $32.3 million, an increase of 23.6%, as compared","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1143513/000119312522284725/0001193125-22-284725-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"year ended September 30, 2022"},{"label":"Revenue","value":"$63.2 million"},{"label":"Net income","value":"$32.3 million"},{"label":"EPS","value":"$0.94"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}