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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Pulling SEC filings + quote and writing the call…

TTENK/calls
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Home›SAR›Financials
Annual statements · SEC XBRL · FY2021 – FY2026

SARATOGA INVESTMENT CORP. (SAR) financials

Income statement

SARATOGA INVESTMENT CORP. (SAR) income statement, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025FY2026
Net income$14.8M$45.7M$24.7M$8.93M$28.1M$36.6M
EPS (diluted)$1.32$3.99$2.06$0.71$2.02$2.31

Cash flow

SARATOGA INVESTMENT CORP. (SAR) cash flow, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow-$62.3M-$203M-$130M-$157M$198M-$88.0M
Share buybacks——$10.8M$2.16M—$54.3K
Dividends paid$11.3M$18.2M$22.7M$32.1M$40.7M$52.4M

Balance sheet

SARATOGA INVESTMENT CORP. (SAR) balance sheet, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025FY2026
Cash & equivalents$29.9M$47.3M$65.7M$8.69M$148M$1.68M
Total assets—$876M$1.08B$1.19B$1.19B$1.14B
Total liabilities—$520M$731M$821M$799M$743M
Long-term debt——$728M—$794M$739M
Shareholders' equity$304M$356M$347M$370M$393M$396M
Retained earnings—$27.7M$25.1M-$871K-$20.3M-$43.1M
Shares (wtd avg diluted)11.2M11.5M12.0M12.7M13.9M15.9M

Every figure is extracted from SARATOGA INVESTMENT CORP.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

Does SAR pay a dividend?
Yes — SARATOGA INVESTMENT CORP. paid $52.4M in cash dividends during FY2026, per its SEC cash-flow statement.
Full SAR analysis — verdict, score & filings →Is SAR a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.