---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-025584"
form_type: "8-K"
ticker: "GLAD"
cik: "0001143513"
company_name: "GLADSTONE CAPITAL CORP"
filed_at: "2023-02-06T23:59:59+00:00"
generated_at: "2026-06-19T23:50:00.231899+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Gladstone Capital Q1 NII $0.25/shr, total investment income up 21% to $19.3M

## Summary
- Net investment income $8.7M ($0.25/shr) vs $7.5M ($0.22/shr) last quarter, up 16.7%.
- Total investment income $19.3M, up 21% YoQ on higher interest income from higher yields and balances.
- Declared monthly distributions of $0.075/shr for Jan-Mar 2023, totaling $0.225/quarter (up from $0.21).
- Debt-to-equity ratio 97.2%; 65% of debt at fixed rates; credit facility increased to $245M.
- Post-quarter invested $29M in NeoGraf Solutions via secured first lien debt and equity.

## SEC filing metadata
- accession: 0001193125-23-025584
- form_type: 8-K
- ticker: GLAD
- cik: 0001143513
- company_name: GLADSTONE CAPITAL CORP
- filed_at: 2023-02-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1143513/000119312523025584/0001193125-23-025584-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1143513/000119312523025584/d421072d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-025584
- JSON: https://secwatch.observer/filing/0001193125-23-025584.json
- Plain text: https://secwatch.observer/filing/0001193125-23-025584.txt

## Key facts
- Earnings Releases
  GLADSTONE CAPITAL CORP reported the fiscal quarter ended December 31, 2022 results: revenue $ 19,294, net income 8,725, EPS 0.25.
  - Period: the fiscal quarter ended December 31, 2022
  - Revenue: $ 19,294
  - Net income: 8,725
  - EPS: 0.25
  - Result: reported results
  source text: Total investment income $ 19,294 $ 15,939 $ 3,355 21.0 % Total expenses, net of credits (10,569 ) (8,462 ) (2,107 ) 24.9 Net investment income 8,725 7,477 1,248 16.7 Net investment income per common share 0.25 0.22 0.03 13.6
  evidence_url: https://www.sec.gov/Archives/edgar/data/1143513/000119312523025584/0001193125-23-025584-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.