Bain Capital Specialty Finance (BCSF) Operating Income (2020 - 2026)
Bain Capital Specialty Finance's (BCSF) quarterly Operating Income came in at $27.4 million in Q1 2026, down 17.54% year-on-year from $33.2 million in Q1 2025, and down 7.85% quarter-over-quarter from $29.7 million in Q4 2025.
Bain Capital Specialty Finance (BCSF) Operating Income (2020 - 2026) Analysis & Trends
Bain Capital Specialty Finance's Operating Income history runs 7 years deep, the most recent figure standing at $27.4 million for Q1 2026.
- On a quarterly basis, Operating Income fell 17.54% year-over-year to $27.4 million in Q1 2026; TTM through Mar 2026 was $117.9 million, a 13.43% decrease from a year earlier, with the FY2025 full-year figure at $121.6 million, down 9.71% from the prior year.
- Operating Income declined to $27.4 million in Q1 2026 per BCSF's latest filing, from $29.7 million in the prior quarter.
- Across five years, Operating Income topped out at $40.0 million in Q2 2023 and bottomed at $21.7 million in Q1 2022.
- The 5-year median for Operating Income is $32.2 million (2023), against an average of $31.6 million.
- Across the five-year window, Operating Income soared 49.76% in 2023 and retreated 17.54% in 2026, its largest moves.
- Year by year, Operating Income stood at $25.0 million in 2022, then soared by 43.56% to $35.9 million in 2023, then retreated by 2.84% to $34.9 million in 2024, then dropped by 14.91% to $29.7 million in 2025, then dropped by 7.85% to $27.4 million in 2026.
- Per Business Quant, the three latest BCSF Operating Income figures stand at $27.4 million (Q1 2026), $29.7 million (Q4 2025), and $29.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | 32.70 Bn |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 2.81 Bn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | - |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 54.00 Mn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | - |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 901.00 Mn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | - |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 680.50 Mn |
| 10 | Bain Capital Specialty Finance | 808.91 Mn | 791.32 Mn | - | 27.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.36 Mn |
| Dec 31, 2025 | 29.70 Mn |
| Sep 30, 2025 | 29.20 Mn |
| Jun 30, 2025 | 31.67 Mn |
| Mar 31, 2025 | 33.19 Mn |
| Dec 31, 2024 | 34.90 Mn |
| Sep 30, 2024 | 35.01 Mn |
| Jun 30, 2024 | 33.12 Mn |
| Mar 31, 2024 | 34.98 Mn |
| Dec 31, 2023 | 35.92 Mn |
| Sep 30, 2023 | 36.29 Mn |
| Jun 30, 2023 | 40.01 Mn |
| Mar 31, 2023 | 32.16 Mn |
| Dec 31, 2022 | 25.02 Mn |
| Sep 30, 2022 | 30.10 Mn |
| Jun 30, 2022 | 26.72 Mn |
| Mar 31, 2022 | 21.70 Mn |
| Dec 31, 2021 | 21.89 Mn |
| Sep 30, 2021 | 21.76 Mn |
| Dec 31, 2020 | 21.85 Mn |