Saratoga Investment annual operating expenses
2021
2022
2023
2024
2025
2026
Saratoga Investment Operating Expenses Growth & History (SAR)
Saratoga Investment's operating expenses was $88.9M for fiscal 2026.
View full Saratoga Investment company overviewSaratoga Investment annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-02-28 | $88.9M | −$6.9M | −7.25% |
| 2025 | 2025-02-28 | $95.9M | $9.0M | +10.37% |
| 2024 | 2024-02-29 | $86.8M | $22.9M | +35.90% |
| 2023 | 2023-02-28 | $63.9M | $13.1M | +25.80% |
| 2022 | 2022-02-28 | $50.8M | $16.3M | +47.08% |
| 2021 | 2021-02-28 | $34.5M | — | — |
Saratoga Investment quarterly operating expenses
Q2.22
Q3.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
Q4.26
Q1.27
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-05-31 | $23.2M | $1.0M | +4.54% |
| Q4 2026 | 2026-02-28 | $23.3M | $64,820 | +0.28% |
| Q3 2026 | 2025-11-30 | $21.9M | −$1.6M | −6.76% |
| Q2 2026 | 2025-08-31 | $21.5M | −$3.3M | −13.15% |
| Q1 2026 | 2025-05-31 | $22.2M | −$2.2M | −8.90% |
| Q4 2025 | 2025-02-28 | $23.3M | −$1.2M | −4.86% |
| Q3 2025 | 2024-11-30 | $23.4M | $1.3M | +5.72% |
| Q2 2025 | 2024-08-31 | $24.8M | $3.3M | +15.11% |
| Q1 2025 | 2024-05-31 | $24.3M | $5.7M | +30.36% |
| Q4 2024 | 2024-02-29 | $24.4M | $1.8M | +7.87% |
| Q3 2024 | 2023-11-30 | $22.2M | $5.8M | +35.38% |
| Q2 2024 | 2023-08-31 | $21.5M | $7.4M | +52.24% |
| Q1 2024 | 2023-05-31 | $18.7M | $8.0M | +74.47% |
| Q4 2023 | 2023-02-28 | $22.7M | — | — |
| Q3 2023 | 2022-11-30 | $16.4M | $5.1M | +44.88% |
| Q2 2023 | 2022-08-31 | $14.2M | $2.1M | +17.48% |
| Q1 2023 | 2022-05-31 | $10.7M | — | — |
| Q3 2022 | 2021-11-30 | $11.3M | — | — |
| Q2 2022 | 2021-08-31 | $12.0M | — | — |
Saratoga Investment operating expenses trends
Over the last five fiscal years, Saratoga Investment's operating expenses increased from $34.5M to $88.9M, a change of $54.4M. The latest reported quarter, Q1 2027, shows $23.2M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Saratoga Investment source filings ↗