---
schema_version: "secwatch.filing_event.v1"
accession: "0001321741-25-000019"
form_type: "8-K"
ticker: "GAIN"
cik: "0001321741"
company_name: "GLADSTONE INVESTMENT CORPORATION\\DE"
filed_at: "2025-08-12T23:59:59+00:00"
generated_at: "2026-05-17T14:19:54.951492+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Gladstone Investment Q1 NII $0.25/sh, NAV $12.99, new investments $62.8M

## Summary
- Net investment income $9.1M ($0.25/sh) vs $7.2M ($0.20/sh) prior quarter; adjusted NII $0.24/sh.
- Total investment income $23.5M, down 14.5% QoQ due to lower success fee and dividend income.
- NAV per share $12.99, down 4.1% from $13.55, reflecting $28.8M in distributions paid.
- Invested $62.8M in two new portfolio companies: Smart Chemical Solutions ($49.5M) and Sun State Nursery ($12.8M).
- Post-quarter: $67.6M invested in Global GRAB Technologies; declared $0.08/sh monthly distributions for Q2.

## SEC filing metadata
- accession: 0001321741-25-000019
- form_type: 8-K
- ticker: GAIN
- cik: 0001321741
- company_name: GLADSTONE INVESTMENT CORPORATION\DE
- filed_at: 2025-08-12T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1321741/000132174125000019/0001321741-25-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1321741/000132174125000019/gain-20250812.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001321741-25-000019
- JSON: https://secwatch.observer/filing/0001321741-25-000019.json
- Plain text: https://secwatch.observer/filing/0001321741-25-000019.txt

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