Quarterly ResultApr 28, 2026, 06:12 AM
ARCC Q1 GAAP Net Income $92M, Core EPS $0.47; Q2 Dividend $0.48
AI Summary
Ares Capital Corporation announced its first quarter 2026 financial results, reporting GAAP net income of $92 million ($0.13 per share) and Core EPS of $0.47. The company also declared a second quarter 2026 dividend of $0.48 per share, payable on June 30, 2026. Management highlighted a strong start to 2026 with solid core earnings, healthy portfolio performance, and improving lending conditions, while also noting a decrease in net asset value per share.
Key Highlights
- ARCC declared a Q2 2026 dividend of $0.48 per share.
- Q1 2026 GAAP net income was $92 million, or $0.13 per share.
- Q1 2026 Core EPS was $0.47, compared to $0.50 in Q1 2025.
- Q1 2026 net investment income was $398 million, or $0.55 per share.
- Net asset value per share was $19.59 as of March 31, 2026.
- New investment commitments in Q1 2026 totaled $3.2 billion.
- Exits of investment commitments in Q1 2026 totaled $3.2 billion.