---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-276062"
form_type: "8-K"
ticker: "GLAD"
cik: "0001143513"
company_name: "GLADSTONE CAPITAL CORP"
filed_at: "2023-11-13T23:59:59+00:00"
generated_at: "2026-06-08T04:38:13.445473+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Gladstone Capital reports Q4 NII $0.28/sh, FY NII up 27% to $1.10/sh, NAV grows 3.4%

## Summary
- Q4 total investment income $23.8M (+4.1% QoQ); net investment income $11.0M ($0.28/sh) covering $0.2675 distribution by 105%.
- FY 2023 total investment income $86.4M (+36.9% YoY), net investment income $41.0M ($1.10/sh, +27.1% YoY).
- Net asset value per share $9.39, up 3.4% from $9.08 a year ago; weighted average yield 13.3% (vs 10.4% prior).
- Issued 4.9M shares via ATM at $10.01/sh ($48.3M net); completed $57M 7.75% notes offering due 2028.
- Subsequent: invested $11M in Quality Environmental first lien debt/preferred equity; declared Q1 distributions $0.2475/common share.

## SEC filing metadata
- accession: 0001193125-23-276062
- form_type: 8-K
- ticker: GLAD
- cik: 0001143513
- company_name: GLADSTONE CAPITAL CORP
- filed_at: 2023-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1143513/000119312523276062/0001193125-23-276062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1143513/000119312523276062/d311097d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-276062
- JSON: https://secwatch.observer/filing/0001193125-23-276062.json
- Plain text: https://secwatch.observer/filing/0001193125-23-276062.txt

## Key facts
- Earnings Releases
  GLADSTONE CAPITAL CORP reported the fiscal quarter and year ended September 30, 2023 results: revenue $23,756, net income $10,987, EPS $0.28.
  - Period: the fiscal quarter and year ended September 30, 2023
  - Revenue: $23,756
  - Net income: $10,987
  - EPS: $0.28
  - Result: reported results
  source text: Summary Information (dollars in thousands, except per share data) (unaudited) : For the Quarter Ended: September 30, 2023 June 30, 2023 Change % Change Total investment income $ 23,756 $ 22,823 $ 933 4.1 % Total expenses, net of credits (12,769 ) (11,147 ) (1,622 ) 14.6 Net investment income 10,987 11,676 (689 ) (5.9 ) Net investment income per common share 0.28
  evidence_url: https://www.sec.gov/Archives/edgar/data/1143513/000119312523276062/0001193125-23-276062-index.htm

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