Saratoga Investment Corp (SAR) Q1 2026 Earnings Report

Saratoga Investment Corp (SAR) reported a robust fiscal first quarter of 2026, showcasing resilience in a volatile financial landscape. The company achieved a net income of $13.9 million, demonstrating significant growth compared to both year-over-year and quarter-over-quarter periods. Key highlights include a 17.9% increase in adjusted net investment income (NII) per share, strong portfolio returns, and a maintained focus on high-quality investments amid lower middle market challenges. Management remains optimistic about future growth prospects, attributing confidence to a healthy balance sheet with $224 million in cash available for investments and a strategic mix of new portfolio placements that seek to leverage relationships and capitalize on attractive opportunities.