Saratoga Investment Corp. (SAR)
NYSE · CIK 1377936 · fiscal year ends in Feb
Closing price $13.61 on 30 Oct 2026; 52-week range $13.35 to $24.02.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $109.4M
- Revenue growth
- -2.1%
- Net income, last twelve months
- -$4.2M
- Net margin
- -3.8%
- Return on equity
- -1.2%
- Market value
- $216.5M
- Cash
- $80.1M
- Debt
- $902.4M
- Debt to equity
- 2.56
- Shares outstanding
- 15.9M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2026 | 28 Feb 2026 | $106.9M | – | $36.6M | $2.31 | – | 10-K filed 5 May 2026 |
| FY2025 | 28 Feb 2025 | $131.0M | – | $28.1M | $2.02 | – | 10-K filed 7 May 2025 |
| FY2024 | 29 Feb 2024 | $127.8M | – | $8.9M | $0.71 | – | 10-K filed 7 May 2025 |
| FY2023 | 28 Feb 2023 | $85.2M | – | $24.7M | $2.06 | – | 10-K filed 7 May 2025 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q2 FY2027 | 31 Aug 2026 | $28.8M | -$6.7M | -$0.41 |
| Q1 FY2027 | 31 May 2026 | $28.1M | -$6.9M | -$0.42 |
| Q4 FY2026 | 28 Feb 2026 | $25.8M | -$2.6M | -$0.18 |
| Q3 FY2026 | 30 Nov 2025 | $26.7M | $12.0M | $0.74 |
| Q2 FY2026 | 31 Aug 2025 | $26.4M | $13.3M | $0.84 |
| Q1 FY2026 | 31 May 2025 | $28.0M | $13.9M | $0.91 |
| Q4 FY2025 | 28 Feb 2025 | $26.6M | -$676.8K | -$0.07 |
| Q3 FY2025 | 30 Nov 2024 | $30.8M | $8.8M | $0.64 |
Company events
The newest 8-K filings of 143 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 9 Oct 2026 | 8-K | Material agreement, New debt | 1.01, 2.03, 9.01 |
| 6 Oct 2026 | 8-K | Results | 2.02, 9.01 |
| 24 Sep 2026 | 8-K | Material agreement, New debt | 1.01, 2.03, 9.01 |
| 23 Sep 2026 | 8-K | Shareholder vote | 5.07 |
| 18 Sep 2026 | 8-K | Leadership change | 5.02, 9.01 |
| 26 Aug 2026 | 8-K | Material agreement, New debt | 1.01, 2.03, 9.01 |
| 19 Aug 2026 | 8-K | Material agreement, New debt, Other events | 1.01, 2.03, 8.01, 9.01 |
| 6 Aug 2026 | 8-K | Leadership change | 5.02 |
| 7 Jul 2026 | 8-K | Results | 2.02, 9.01 |
| 5 May 2026 | 8-K | Results | 2.02, 9.01 |
| 14 Apr 2026 | 8-K | Material agreement, New debt | 1.01, 2.03, 9.01 |
| 13 Mar 2026 | 8-K | Material agreement | 1.01, 9.01 |
Every filing
The newest filings with the SEC of 521 held.
| Filed | Form | Period |
|---|---|---|
| 28 Oct 2026 | N-23C-2 | 30 Nov 2026 |
| 9 Oct 2026 | 8-K | 8 Oct 2026 |
| 6 Oct 2026 | 8-K | 6 Oct 2026 |
| 6 Oct 2026 | 10-Q | 31 Aug 2026 |
| 24 Sep 2026 | 8-K | 23 Sep 2026 |
| 23 Sep 2026 | 497AD | – |
| 23 Sep 2026 | 8-K | 22 Sep 2026 |
| 22 Sep 2026 | 497AD | – |
| 18 Sep 2026 | 8-K | 16 Sep 2026 |
| 18 Sep 2026 | 25-NSE | – |
| 26 Aug 2026 | CERT | – |
| 26 Aug 2026 | 8-A12B | – |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 9 Oct 2026 | Oberbeck Christian L, CEO and Director | Purchase | 15,000 | $14.83 | $222.4K | 30,000 | 13 Oct 2026 |
| 8 Oct 2026 | Oberbeck Christian L, CEO and Director | Purchase | 15,000 | $14.89 | $223.3K | 15,000 | 13 Oct 2026 |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 638.3K | +1.64% | 2.9 |
| 30 Sep 2026 | 628.0K | -9.11% | 5.18 |
| 15 Sep 2026 | 690.9K | -7.12% | 4.13 |
| 31 Aug 2026 | 743.9K | +3.72% | 6 |
| 14 Aug 2026 | 717.2K | -3.35% | 5.25 |
| 31 Jul 2026 | 742.0K | +1.08% | 5.01 |
| 15 Jul 2026 | 734.1K | +20.9% | 2.38 |
| 30 Jun 2026 | 607.2K | -4.21% | 8.72 |
Funds that hold it
From each fund's latest Form 13F.
66 funds held it at 30 Jun 2026: 25 added and 20 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| Lido Advisors, LLC | 181,518 | $4.0M | -17,620 |
| Private Advisor Group, LLC | 146,681 | $3.3M | -18,458 |
| Legal & General Group Plc | 141,229 | $3.2M | +18,288 |
| Hennion & Walsh Asset Management, Inc. | 127,040 | $2.8M | -10,635 |
| Advisors Asset Management, Inc. | 121,635 | $2.7M | +15,010 |
| International Assets Investment Management, LLC | 116,012 | $2.6M | +33,605 |
| LPL Financial LLC | 111,909 | $2.5M | -2,086 |
| Palogic Value Management, L.P. | 93,360 | $2.1M | – |
| Wells Fargo & Company | 85,079 | $1.9M | -188 |
| Ethos Financial Group, LLC | 56,533 | $1.3M | +3,687 |
Peers
Companies in the same industry.
- Blue Owl Technology Finance Corp. (OTF): revenue $2.7M, market value $4.4B
- Hercules Capital, Inc. (HTGC): revenue $540.3M, market value $3.1B
- Trinity Capital Inc. (TRIN): revenue $313.1M, market value $1.6B
- Prospect Capital Corp. (PSEC): revenue $581.9M, market value $823.0M
- Fidus Investment Corp. (FDUS): revenue $134.6M, market value $733.8M
- Gladstone Capital Corp. (GLAD): revenue $95.2M, market value $428.4M
- Stellus Capital Investment Corp. (SCM): revenue $92.8M, market value $200.4M
- PhenixFIN Corp. (PFX): revenue $16.8M, market value $84.4M