Recent 8-K filings for SAR

• May 5, 2026, 7:59 PM ET earnings materiality 0.75 neutral item 2.02item 9.01 ◈ Earnings Releases

  Saratoga Investment FY2026 ROE 9.1% beats prior year; AUM up 13.4% to $1.11B

  Annual ROE 9.1% vs 7.5% prior year and BDC industry avg of 4.3%; EPS $2.31 vs $2.02.

• April 14, 2026, 7:59 PM ET debt materiality 0.70 neutral item 1.01item 2.03item 9.01 ◈ Material Agreements ×2◈ Debt Financings

  Saratoga Investment Corp. Issues $25M of 7.25% Notes Due 2029

  Issued $25 million of 7.25% Notes due 2029 to an institutional investor in a private placement.

• January 30, 2026, 6:59 PM ET debt materiality 0.70 neutral item 1.01item 2.03item 9.01 ◈ Debt Financings◈ Material Agreements

  Saratoga Investment Corp issues $100M of 7.50% Notes due 2031

  Offering of $100M aggregate principal amount of 7.50% Notes due 2031; underwriters may purchase up to $15M additional within 30 days.

• January 7, 2026, 6:59 PM ET earnings materiality 0.75 positive item 2.02item 9.01

  Saratoga Investment Q3 NII $0.61 (+5.2% QoQ), NAV stable $25.59, ROE 13.5%

  NII per share $0.61, up $0.03 from Q2; adjusted NII $0.61; EPS $0.74 vs $0.84 last quarter.

• October 7, 2025, 7:59 PM ET earnings materiality 0.65 positive item 2.02item 9.01

  Saratoga Investment Q2 NAV up 3.6% to $410.5M; Zollege returns to accrual

  NAV $410.5M, NAV per share $25.61 (+0.4% QoQ); Q2 ROE 13.8%, LTM ROE 9.1% beats BDC avg 7.3%

• July 8, 2025, 7:59 PM ET earnings materiality 0.75 positive item 2.02item 9.01

  Saratoga Investment Q1 adjusted NII up 17.9% QoQ to $0.66; ROE beats industry at 14.1% annualized

  Adjusted NII per share $0.66, up 17.9% from $0.56 last quarter; total NII $10.1M.

• May 7, 2025, 7:59 PM ET earnings materiality 0.70 neutral item 2.02item 9.01

  Saratoga Investment FY2025 NAV per share $25.86, adjusted NII $3.81, dividend raised to $0.75/Q

  FY2025 adjusted NII per share $3.81 vs $4.10 YoY; total NAV up $22.5M to $392.7M.

• January 8, 2025, 6:59 PM ET earnings materiality 0.65 positive item 2.02item 9.01

  Saratoga Investment Q3 FY2025: Adj NII $0.90, LTM ROE 9.2%, $84.5M originations, $0.35 special dividend

  Adj NII per share $0.90 (excl. Knowland reversal) vs $0.89 prior quarter; GAAP EPS $0.64; NII yield 13.3%.

• October 8, 2024, 7:59 PM ET earnings materiality 0.70 positive item 2.02item 9.01

  Saratoga Investment Q2 NII per share $1.33, up 26.7% sequentially; NAV per share rises to $27.07

  Total investment income $43.0M, up 21.1% YoY from $35.5M; includes $7.9M Knowland interest reserve reversal.

• July 9, 2024, 7:59 PM ET earnings materiality 0.70 neutral item 2.02item 9.01

  Saratoga Investment Q1 NII $1.05/sh, dividend raised to $0.74, NAV per share $26.85

  Net investment income per share $1.05 (vs $1.35 YoY); adjusted NII also $1.05.

• May 6, 2024, 7:59 PM ET earnings materiality 0.80 positive item 2.02item 9.01 ◈ Earnings Releases

  Saratoga Investment Q4 FY2024 adj NII $0.94/share; AUM $1.139B; dividend $0.73

  FY2024 NII per share $4.49 (+53% YoY); adjusted NII $4.10 (+44% YoY).

Earnings & guidance

Materiality & sentiment trend

Max materiality 0.80 · Median 0.65 · Most common event earnings

6 positive 0 negative 14 neutral

source · SAR on sec.gov