---
schema_version: "secwatch.filing_event.v1"
accession: "0001321741-24-000010"
form_type: "8-K"
ticker: "GAIN"
cik: "0001321741"
company_name: "GLADSTONE INVESTMENT CORPORATION\\DE"
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T08:57:21.476412+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Gladstone Investment Q4 NII $0.15/share, down 46% QoQ; fiscal year NII $0.63, down 43%

## Summary
- Q4 net investment income $5.3M ($0.15/share) vs $9.7M ($0.28) prior quarter, down 45.4%.
- Fiscal 2024 NII $21.8M ($0.63/share) vs $37.0M ($1.11) in 2023, fall of 41.1%.
- NAV per share $13.43 at Mar 31, 2024, up 3.2% from $13.01 at Dec 31, 2023 and 2.6% YoY.
- Quarterly distributions maintained at $0.08/month; supplemental $1.24 per share paid in FY2024.
- ATM program raised $18.9M in Q4 (1.34M shares at avg $14.41); credit facility upsized to $200M.

## SEC filing metadata
- accession: 0001321741-24-000010
- form_type: 8-K
- ticker: GAIN
- cik: 0001321741
- company_name: GLADSTONE INVESTMENT CORPORATION\DE
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1321741/000132174124000010/0001321741-24-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1321741/000132174124000010/gain-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001321741-24-000010
- JSON: https://secwatch.observer/filing/0001321741-24-000010.json
- Plain text: https://secwatch.observer/filing/0001321741-24-000010.txt

## Source-grounded claims
- claim_id: 1a429376a6442547ca3679670cbb002c0b9b2b42
  claim: GLADSTONE INVESTMENT CORPORATION\DE reported fourth quarter ended March 31, 2024 results: revenue $ 23,648, net income 5,323, EPS $ 0.15.
  evidence_excerpt: For the quarter ended: Total investment income $ 23,648 $ 23,081 $ 567 2.5 % Total expenses, net (A) 18,325 13,337 4,988 37.4 % Net investment income (A) 5,323 9,744 (4,421) (45.4) % Net realized (loss) gain (14,650) 43,461 (58,111) NM Net unrealized appreciation (depreciation) 31,911 (46,626) 78,537 NM Net increase in net assets resulting from operations (A) $ 22,584 $ 6,579 $ 16,005 243.3 % Net investment income per weighted-average common share (A) $ 0.15 $ 0.28 $ (0.13) (46.4) %
  evidence_url: https://www.sec.gov/Archives/edgar/data/1321741/000132174124000010/0001321741-24-000010-index.htm
- claim_id: 345ec98d6a8e23554c8a3d2480e5d5a165453666
  claim: GLADSTONE INVESTMENT CORPORATION\DE reported fiscal year ended March 31, 2024 results: revenue $ 87,306, net income 21,777, EPS $ 0.63.
  evidence_excerpt: For the year ended: Total investment income $ 87,306 $ 81,543 $ 5,763 7.1 % Total expenses, net (A) 65,529 44,543 20,986 47.1 % Net investment income (A) 21,777 37,000 (15,223) (41.1) % Net realized gain 30,256 10,753 19,503 181.4 % Net unrealized appreciation (depreciation) 33,272 (12,206) 45,478 NM Net increase in net assets resulting from operations (A) $ 85,305 $ 35,547 $ 49,758 140.0 % Net investment income per weighted-average common share (A) $ 0.63 $ 1.11 $ (0.48) (43.2) %
  evidence_url: https://www.sec.gov/Archives/edgar/data/1321741/000132174124000010/0001321741-24-000010-index.htm

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