Barings BDC (BBDC) Operating Income (2021 - 2026)
Barings BDC's (BBDC) quarterly Operating Income came in at $26.3 million in Q1 2026, down 1.83% year-on-year from $26.8 million in Q1 2025, and down 10.11% quarter-over-quarter from $29.3 million in Q4 2025.
Barings BDC (BBDC) Operating Income (2021 - 2026) Analysis & Trends
Barings BDC has disclosed Operating Income across 6 years of filings, most recently posting $26.3 million for Q1 2026.
- Operating Income for Q1 2026 came in at $26.3 million, down 1.83% year-over-year; the trailing twelve-month figure through Mar 2026 was $121.1 million (down 8.13% YoY), and the FY2025 annual result was $121.6 million, down 9.69% from the prior year.
- Operating Income came in at $26.3 million for Q1 2026 at Barings BDC, down from $29.3 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $42.5 million in Q2 2024 to a low of $19.0 million in Q1 2022.
- The 5-year median for Operating Income is $31.2 million (2024), against an average of $31.1 million.
- Across the five-year window, Operating Income jumped 147.62% in 2022 and slipped 27.88% in 2025, its largest moves.
- Barings BDC's Operating Income stood at $37.6 million in 2022, then slipped by 7.97% to $34.6 million in 2023, then dropped by 9.23% to $31.4 million in 2024, then slipped by 6.77% to $29.3 million in 2025, then dropped by 10.11% to $26.3 million in 2026.
- The last three Operating Income figures came in at $26.3 million (Q1 2026), $29.3 million (Q4 2025), and $35.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 2.81 Bn |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | - |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 1.99 Bn |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 79.00 Mn |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | - |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 901.00 Mn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | - |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | - |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | - |
| 10 | Barings BDC | 852.13 Mn | 796.72 Mn | - | 26.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.30 Mn |
| Dec 31, 2025 | 29.26 Mn |
| Sep 30, 2025 | 34.95 Mn |
| Jun 30, 2025 | 30.62 Mn |
| Mar 31, 2025 | 26.79 Mn |
| Dec 31, 2024 | 31.38 Mn |
| Sep 30, 2024 | 31.22 Mn |
| Jun 30, 2024 | 42.46 Mn |
| Mar 31, 2024 | 29.60 Mn |
| Dec 31, 2023 | 34.57 Mn |
| Sep 30, 2023 | 33.72 Mn |
| Jun 30, 2023 | 33.82 Mn |
| Mar 31, 2023 | 27.70 Mn |
| Dec 31, 2022 | 37.57 Mn |
| Sep 30, 2022 | 27.91 Mn |
| Jun 30, 2022 | 31.77 Mn |
| Mar 31, 2022 | 19.02 Mn |
| Dec 31, 2021 | 15.17 Mn |
| Sep 30, 2021 | 14.88 Mn |