Saturday 17 October 2026 Export PNNT’s income statement to Excel — free account

PennantPark Investment Corporation

PennantPark Investment Corporation’s revenue for fiscal 2025 (year ended September 2025) was $122.4 million, down 14.9% from fiscal 2024. In the quarter to June 2026, revenue fell 16.2%, EPS fell 41.7%, free cash flow fell 2.70% and total debt fell 12.9%, each against the same quarter a year earlier.

3.04 0.08 −2.56%

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Market cap: $206.3M
P/E: 19.6×
Fwd P/E: 10.4×
Dividend yield: 13.2%
F-score: 4/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 3.26%

Capital & Financial Ratios $m

Market Cap 206.34

Revenue 104.91

Net Income 10.13

Free Cash Flow 113.21

Net Debt 536.39

Current Ratio 0.18

Debt/Equity 1.28

P/E ratio 19.59

Fwd P/E 10.40

P/S ratio 1.89

P/B ratio 0.46

Past 5Y EPS Growth —

This Y EPS Growth (24.30%)

Next Y EPS Growth 4.42%

Next Y revenue growth (16.98%)

Next 5Y EPS Growth (16.05%)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 85.05%

10-year low 10-year high

P/S against its own 10 years 1.25%

10-year low 10-year high

P/B against its own 10 years 5.82%

10-year low 10-year high

Dividends

Payout Ratio 2.58

Annual Dividend Rate 0.40

Annual Dividend Yield 13.16%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	0.92	0.08 0.08 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04
2025	0.96	0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08
2024	0.91	0.07 0.07 0.07 0.07 0.07 0.08 0.08 0.08 0.08 0.08 0.08 0.08
2023	0.81	0.19 0.20 0.21 0.07 0.07 0.07
2022	0.60	0.14 0.15 0.15 0.17
2021	0.48	0.12 0.12 0.12 0.12
2020	0.54	0.18 0.12 0.12 0.12
2019	0.72	0.18 0.18 0.18 0.18
2018	0.72	0.18 0.18 0.18 0.18
2017	0.72	0.18 0.18 0.18 0.18
2016	1.12	0.28 0.28 0.28 0.28

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	39	50	52	12
Receivables	12	11	10	38
Inventory	—	—	—	—
Other	—	—	—	—
	55	61	62	50

	2023	2024	2025	Q'26
Payables	106	107	136	7
ST’ Debt	—	—	—	—
Other	—	—	—	269
	135	120	145	285

Compound Annual Growth %

	10y	5y	3y
Sales	(2.74%)	4.07%	5.25%
Cash Flow	42.58%	0.00%	0.00%
Earnings	0.00%	0.00%	0.00%
Book Value	(4.25%)	(2.47%)	(7.47%)

Revenue $m

	Dec	Mar	Jun	Sep	Year
’26	27	25	25	—	—
’25	34	31	30	28	122
’24	34	36	37	36	144
’23	30	36	45	34	145
’22	28	24	23	29	105
’21	19	19	20	23	82
’20	26	28	25	21	100

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Dec	Mar	Jun	Sep	Year
’26	135	36	50	—	—
’25	19	142	51	(108)	105
’24	(155)	4	(17)	(5)	(172)
’23	(10)	70	55	107	223
’22	(177)	267	(187)	80	(17)
’21	35	12	49	(88)	8
’20	(71)	(147)	63	27	(130)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Dec	Mar	Jun	Sep	Year
’26	135	36	50	—	—
’25	19	142	51	(108)	105
’24	(155)	4	(17)	(5)	(172)
’23	(10)	70	55	107	223
’22	(177)	267	(187)	80	(17)
’21	35	12	49	(88)	8
’20	(71)	(147)	63	27	(130)

Fiscal quarters ending in the months shown.

EPS $

	Dec	Mar	Jun	Sep	Year
’26	0.14	(0.04)	0.07	—	—
’25	0.25	0.14	0.12	(0.01)	0.50
’24	0.16	0.25	0.06	0.28	0.75
’23	(1.10)	0.07	0.32	0.19	(0.52)
’22	0.38	0.05	(0.28)	(0.52)	(0.37)
’21	1.06	0.57	0.48	0.38	2.49
’20	0.29	(0.90)	0.23	0.14	(0.24)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	4.65	6.67	6.21	5.84	1.76	4.36	5.33	4.70	6.43	5.66	Analyst estimates 2026–2028 Powerpack
	High	8.30	8.68	7.84	7.34	6.74	7.41	8.02	7.07	8.04	7.53
People
People	Employees	—	—	—	—	—	—	—	—	—	—
	Revenue/emp, $m	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income, $m
Income, $m	Revenue	142	125	108	112	100	82	105	145	144	122
	Gross margin, %	71.23	71.66	73.25	79.15	76.84	78.05	78.58	79.05	79.56	78.80
	EBT	19	62	48	16	(16)	167	(25)	(34)	49	33
	EBT margin, %	13.19	49.55	44.07	14.21	(15.93)	204.22	(23.57)	(23.26)	33.97	26.74
	Net income	19	62	48	16	(16)	167	(25)	(34)	49	33
	Depreciation	(5)	(1)	(1)	(2)	(1)	17	(11)	(1)	3	(2)
Per share, $
Per share, $	Revenue	1.98	1.75	1.53	1.66	1.49	1.22	1.58	2.23	2.20	1.87
	Earnings	0.26	0.87	0.68	0.24	(0.24)	2.49	(0.37)	(0.52)	0.75	0.50
	Cash flow	2.20	0.97	0.95	(1.20)	(1.93)	0.12	(0.26)	3.42	(2.64)	1.60
	Capex	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	Free cash flow	2.20	0.97	0.95	(1.20)	(1.93)	0.12	(0.26)	3.42	(2.64)	1.60
	Book value	8.98	9.10	8.90	8.59	7.84	9.85	8.84	7.70	7.57	7.11
	Shares, m	72	71	71	68	67	67	66	65	65	65
Valuation, ×
Valuation, ×	P/E	28.37	8.77	11.01	26.13	0.00	2.61	0.00	0.00	9.30	13.55
	P/S	3.79	4.30	4.89	3.79	2.13	5.33	3.45	2.89	3.17	3.58
	P/B	0.84	0.83	0.84	0.73	0.41	0.66	0.62	0.84	0.92	0.94
	EV/Sales	7.20	8.22	9.37	9.36	7.55	12.53	9.64	6.18	8.19	9.37
	EV/FCF	6.48	14.78	15.15	(12.93)	(5.84)	129.25	(58.49)	4.03	(6.83)	10.94
Cash, $m
Cash, $m	Operating cash flow	158	69	67	(81)	(130)	8	(17)	223	(172)	105
	Capex	—	—	—	—	—	—	—	—	—	—
	Free cash flow	158	69	67	(81)	(130)	8	(17)	223	(172)	105
Balance, $m
Balance, $m	Working capital	49	19	1	46	12	0	35	(79)	(59)	(83)
	Total debt	560	526	504	684	568	607	705	517	772	739
	Net debt	484	488	485	624	543	587	650	478	722	687
	Shareholders’ equity	643	647	629	582	526	660	586	502	494	464
Returns, %
Returns, %	ROA	1.44	5.06	4.04	1.30	(1.33)	13.83	(1.89)	(2.73)	3.84	2.39
	ROIC	4.05	3.42	2.99	2.85	2.46	1.86	2.52	4.45	3.22	2.66
	ROE	2.76	9.57	7.48	2.63	(2.88)	28.10	(3.97)	(6.22)	9.81	6.83

Negative figures in brackets.

All 10 years →

Fiscal years to Sep 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
RWAY Runway Growth Finance Corp.	$273.3M	57.5×	— (loss-making)	+5.35% (above 0%: growing)	+44.44% (above 0%: growing)	−65,337.04% (below 0%: shrinking)	100.00%	84.24%	Compare
SAR Saratoga Investment Corp	$236.8M	— (loss-making)	10.0×	+1.77% (above 0%: growing)	n/m	−43.85% (below 0%: shrinking)	100.00%	68.55%	Compare
LIEN Chicago Atlantic BDC, Inc.	$208.8M	6.6×	6.2×	+6.81% (above 0%: growing)	−28.95% (below 0%: shrinking)	+1,591.22% (above 0%: growing)	100.00%	61.95%	Compare
PNNT PennantPark Investment Corporation	$206.3M	19.6×	10.4×	−16.21% (below 0%: shrinking)	−41.67% (below 0%: shrinking)	−2.70% (below 0%: shrinking)	78.27%	72.21%
SCM Stellus Capital Investment Corporation	$205.6M	6.9×	9.7×	−13.21% (below 0%: shrinking)	+55.56% (above 0%: growing)	+41.00% (above 0%: growing)	100.00%	72.26%	Compare
TPVG TriplePoint Venture Growth BDC Corp.	$183.2M	4.5×	6.2×	−4.86% (below 0%: shrinking)	−21.21% (below 0%: shrinking)	+232.34% (above 0%: growing)	100.00%	75.98%	Compare
WHG Westwood Holdings Group Inc	$181.4M	20.0×	— (loss-making)	+9.62% (above 0%: growing)	+50.00% (above 0%: growing)	−58.51% (below 0%: shrinking)	100.00%	8.14%	Compare
NSLR Neostellar Capital Corp.	$181.1M	1.3×	2.9×	+79.14% (above 0%: growing)	n/m	−171.41% (below 0%: shrinking)	100.00%	(7,413.51%)	Compare
WHF WhiteHorse Finance, Inc.	$164.5M	9.6×	8.9×	−23.72% (below 0%: shrinking)	+380.00% (above 0%: growing)	−159.82% (below 0%: shrinking)	100.00%	66.34%	Compare
Median of peers	$194.4M	6.9×	7.6×	+3.56%	+47.22%	−51.18%	100.00%	67.45%

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PennantPark Investment Corporation (PNNT) key facts

Concern: PennantPark Investment Corporation’s revenue for fiscal 2025 (year ended September 2025) was $122.4 million, down 14.9% from fiscal 2024.
PennantPark Investment Corporation (PNNT) is an Asset Management company in the Financial sector, listed on the New York Stock Exchange.
As of October 16, 2026, PNNT traded at $3.04, a market capitalization of $206.3 million.
PennantPark Investment Corporation pays an annual dividend of $0.40 per share, a yield of 13.2%.
Return on equity was 6.83% and debt-to-equity 1.28.
Its Piotroski F-score is 4 out of 9 for fiscal 2025.