Quarterly ResultMay 6, 2026, 09:27 AM
SURO CAPITAL Q1 Net Assets $361.6M; NAV $14.24, up 76% QoQ
AI Summary
SURO CAPITAL CORP. reported a substantial increase in its net assets and Net Asset Value (NAV) per share for the first quarter ended March 31, 2026. The company's net assets resulting from operations surged to $155.6 million, primarily driven by a significant net change in unrealized appreciation of investments. This performance led to a 76% quarter-over-quarter increase in NAV per share.
Key Highlights
- Net Assets from Operations reached $155.6 million in Q1 2026, a significant improvement from a $0.8 million loss in Q1 2025.
- Net Asset Value per share was $14.24 as of March 31, 2026, a 76% increase from $8.09 at December 31, 2025.
- Total Investments at fair value grew to $388.5 million as of March 31, 2026, up from $225.5 million at December 31, 2025.
- Net Change in Unrealized Appreciation of Investments was $158.7 million in Q1 2026, compared to $2.9 million in Q1 2025.
- Total Assets increased to $433.3 million as of March 31, 2026, from $276.0 million at December 31, 2025.
- Net Investment Loss slightly increased to $(4.0) million in Q1 2026 from $(3.7) million in Q1 2025.
- Net Realized Gain on Investments was $0.9 million in Q1 2026, reversing a $0.02 million loss in Q1 2025.