Saratoga Investment Corp.
SAZ- Exchange
- NYSE
- SEC CIK
- 0001377936
In the last 90 days, Saratoga Investment Corp. insiders filed 1 open-market purchase and 0 sales; no institution reported holding it in 13F filings for Q2 2026; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 12:57 PM ET
Revenue flow, FY2026
Where the revenue went in FY2026, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Period end | Feb 28, 2026 | Feb 28, 2025 | Feb 29, 2024 | Feb 28, 2023 |
| Filing | 10-K | 10-K | 10-K | 10-K |
| Reported | May 5, 2026 | May 7, 2025 | May 6, 2024 | May 2, 2023 |
| Revenue | $106.9M | $131.0M | – | $1.50M |
| Operating expenses | $88.9M | $95.9M | $86.8M | $63.9M |
| Selling, general and administrative | $2.23M | $1.90M | $2.24M | $2.33M |
| Income tax | -$138.2K | $412.0K | $42.9K | -$153.0K |
| Net income | $36.6M | $28.1M | $8.93M | $24.7M |
| EPS, basic | $2.31 | $2.02 | $0.71 | $2.06 |
| EPS, diluted | $2.31 | $2.02 | $0.71 | $2.06 |
| Weighted shares, basic | 15.9M | 13.9M | 12.7M | 12.0M |
| Weighted shares, diluted | 15.9M | 13.9M | – | – |
| Margins and growth | ||||
| Net margin | 34.2% | 21.4% | – | 1645.1% |
| Revenue growth, year over year | −18.4% | – | – | – |
| Net income growth, year over year | +30.3% | +214.4% | −63.8% | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Period end | Feb 28, 2026 | Feb 28, 2025 | Feb 29, 2024 | Feb 28, 2023 |
| Filing | 10-K | 10-K | 10-K | 10-K |
| Reported | May 5, 2026 | May 7, 2025 | May 6, 2024 | May 2, 2023 |
| Cash and equivalents | $1.68M | $148.2M | $8.69M | $65.7M |
| Total assets | $1.14B | $1.19B | $1.19B | $1.08B |
| Long-term debt | $739.4M | $793.9M | – | $728.4M |
| Total liabilities | $743.1M | $798.9M | $821.0M | $731.2M |
| Shareholders' equity | $396.2M | $392.7M | $370.2M | $347.0M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Period end | Feb 28, 2026 | Feb 28, 2025 | Feb 29, 2024 | Feb 28, 2023 |
| Filing | 10-K | 10-K | 10-K | 10-K |
| Reported | May 5, 2026 | May 7, 2025 | May 6, 2024 | May 2, 2023 |
| Operating cash flow | -$88.0M | $197.5M | -$157.2M | -$130.4M |
| Dividends paid | $52.4M | $40.7M | $32.1M | $22.7M |
| Share buybacks | $54.3K | – | – | – |
| Financing cash flow | -$94.9M | -$33.3M | $101.6M | $173.6M |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 5, 2026 | 15.6M | −3.4% | SEC |
| Jul 6, 2026 | 16.3M | +4.1% | SEC |
| May 4, 2026 | 16.3M | +5.9% | SEC |
| Jan 7, 2026 | 16.2M | +12.8% | SEC |
| Oct 7, 2025 | 16.1M | +16.7% | SEC |
| Jul 7, 2025 | 15.7M | +14.0% | SEC |
| May 6, 2025 | 15.4M | +12.2% | SEC |
| Jan 7, 2025 | 14.3M | +5.1% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.