Quarterly ResultMay 8, 2026, 06:09 AM
Goldman Sachs BDC Q1 EPS $(0.12); NAV $12.17; Dividend $0.32
AI Summary
Goldman Sachs BDC, Inc. reported financial results for the first quarter ended March 31, 2026, with net investment income per share of $0.22 and a negative earnings per share of $(0.12). The company's net asset value per share decreased by 3.7% to $12.17. Additionally, the Board of Directors declared a second quarter 2026 base dividend of $0.32 per share. The company also noted an increase in investments on non-accrual status and a higher net debt-to-equity ratio.
Key Highlights
- Net investment income and adjusted net investment income per share for Q1 2026 was $0.22.
- Earnings per share for Q1 2026 was $(0.12).
- Net asset value (NAV) per share as of March 31, 2026 decreased 3.7% to $12.17 from $12.64.
- Board declared a second quarter 2026 Base Dividend of $0.32 per share.
- Investments on non-accrual status amounted to 3.2% of total investment portfolio at fair value.
- Ending net debt-to-equity ratio was 1.37x as of March 31, 2026, up from 1.27x.
- Total investment income for Q1 2026 was $78.8 million, down from $86.1 million in Q4 2025.
- Net expenses before taxes for Q1 2026 were $53.0 million, up from $43.0 million in Q4 2025.