---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-113835"
form_type: "8-K"
ticker: "GLAD"
cik: "0001143513"
company_name: "GLADSTONE CAPITAL CORP"
filed_at: "2025-05-06T23:59:59+00:00"
generated_at: "2026-05-22T10:55:42.474206+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Gladstone Capital Q2 NII flat at $0.50/sh; portfolio yield drops to 12.6%; distribution declared $0.495

## Summary
- Net investment income $11.2M ($0.50/sh), unchanged QoQ; total investment income $21.6M, down 1.8%.
- Net realized gains of $7.7M from exits; net unrealized depreciation $10.0M; net assets from operations $8.8M.
- Weighted average portfolio yield 12.6% (down 50bps from 13.1%); SOFR averaged 4.3% vs 4.7% prior quarter.
- Board declared monthly common distributions totaling $0.495 per share for April–June 2025, vs $0.50 prior quarter.
- Subsequent events: $42.2M SpaceCo debt repaid at par; Eegees restructuring yields new $20.5M investment.

## SEC filing metadata
- accession: 0001193125-25-113835
- form_type: 8-K
- ticker: GLAD
- cik: 0001143513
- company_name: GLADSTONE CAPITAL CORP
- filed_at: 2025-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1143513/000119312525113835/0001193125-25-113835-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1143513/000119312525113835/d911048d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-113835
- JSON: https://secwatch.observer/filing/0001193125-25-113835.json
- Plain text: https://secwatch.observer/filing/0001193125-25-113835.txt

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