Saratoga Investment (NYSE: SAJ) stock: the official figures
Saratoga Investment (SARATOGA INVESTMENT CORP.) is listed on the New York Stock Exchange under the ticker SAJ. In fiscal 2026 it reported revenue of $106.9m and a net profit of $36.6m, according to the annual accounts it filed with the regulator. Its fiscal year ends on 28 February.
Identifiers for Saratoga Investment: SEC CIK 1377936.
Fiscal 2026 figures
| Item | 2026 | 2025 | Change |
|---|---|---|---|
| Revenue | $106.9m | $131.0m | −18.4% |
| Net profit | $36.6m | $28.1m | +30.3% |
| Earnings per share | $2.31 | $2.02 | +14.4% |
| Net margin | 34.2% | 21.4% | +12.8 pts |
| Total assets | $1,139m | $1,192m | −4.4% |
| Equity | $396.2m | $392.7m | +0.9% |
| Cash | $1.7m | $148.2m | −98.9% |
| Operating cash flow | −$88.0m | $197.5m | −144.6% |
Margins are calculated from the filed figures: operating profit and net profit over revenue.
5 fiscal years
| Fiscal year | Revenue | Net profit | Earnings per share | Document |
|---|---|---|---|---|
| 2026 | $106.9m | $36.6m | $2.31 | Annual report |
| 2025 | $131.0m | $28.1m | $2.02 | Annual report |
| 2024 | $127.8m | $8.9m | $0.71 | Annual report |
| 2023 | $85.2m | $24.7m | $2.06 | Annual report |
| 2022 | — | $45.7m | $3.99 | Annual report |
The full income statement, balance sheet and cash flow statement are in the annual accounts of Saratoga Investment. Year by year: dividends paid.
Dividends
In fiscal 2026, Saratoga Investment paid $52.4m in dividends, 143.0% of its net profit, according to its cash flow statement.
| Fiscal year | Dividends paid | Share of net profit |
|---|---|---|
| 2026 | $52.4m | 143.0% |
| 2025 | $40.7m | 145.1% |
| 2024 | $32.1m | 358.8% |
| 2023 | $22.7m | 91.9% |
| 2022 | $18.2m | 39.7% |
Cash paid out as dividends during the fiscal year, including dividends to minority shareholders of subsidiaries when the company does not report them separately. It is not the dividend per share.
Frequently asked questions about Saratoga Investment
- How much did Saratoga Investment earn in fiscal 2026?
- Saratoga Investment reported a net profit of $36.6m for fiscal 2026, on revenue of $106.9m. The year before it reported a net profit of $28.1m.
- Does Saratoga Investment pay a dividend?
- In fiscal 2026, Saratoga Investment paid $52.4m in dividends, 143.0% of its net profit, according to its cash flow statement.
- What are the earnings per share of Saratoga Investment?
- They were $2.31 in fiscal 2026, compared with $2.02 the year before.
- Where is Saratoga Investment listed?
- Saratoga Investment is listed on the New York Stock Exchange under the ticker SAJ.
- Where do the figures for Saratoga Investment come from?
- From the annual report (Form 10-K) that Saratoga Investment files with the SEC, the US securities regulator. Each fiscal year links to its filing.
Where each figure comes from
The annual accounts come from the annual report (Form 10-K) that Saratoga Investment files with the SEC, the US securities regulator. Each fiscal year in the table links to its filing. Celsmar reads the tagged figures from the document and does not adjust them: if an item is not in the filing, it is not shown. More detail in data sources and, if you spot an error, in corrections. What Celsmar is and what it costs, in its fact sheet.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.