Golub Capital Bdc (GBDC) Net Investment Income (2009 - 2026)
Golub Capital Bdc (GBDC) recorded Net Investment Income of $85.22 million in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 15.8% from $101.26 million a year earlier and down 0.4% from the prior quarter.
Golub Capital Bdc (GBDC) Net Investment Income (2009 - 2026) Analysis & Trends
On a TTM basis, Golub Capital Bdc's Net Investment Income came in at $367.29 million as of Jun 30, 2026, down 11.7% year-over-year; for FY2025 (ended Sep 30, 2025), it was $397.28 million, up 3.9% from FY2024.
- Annual Net Investment Income has increased for five straight fiscal years, with a five-year compound annual growth rate of 23.4% (FY2020 to FY2025).
- Across earlier fiscal years, Net Investment Income came in at $382.44 million in FY2024 (+32.3%), $289.09 million in FY2023 (+47.4%), $196.12 million in FY2022 (+17.0%) and $167.67 million in FY2021 (+20.6%).
- The fiscal Q3 2026 figure is the lowest quarterly Net Investment Income since fiscal Q1 2024.
- On a year-over-year basis, Net Investment Income has declined for four consecutive quarters, with growth averaging 4.6% over the last eight quarters.
- Peak year-over-year performance for Net Investment Income in the last five years was growth of 61.6% in fiscal Q2 2023, against a decline of 15.8% in fiscal Q3 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $85.55 million (Q2 2026), $95.76 million (Q1 2026) and $100.77 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NII (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | - |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | 1.86 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | - |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | - |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | - |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | - |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | 328.00 Mn |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | - |
| 10 | Golub Capital Bdc | 3.26 Bn | 3.16 Bn | - | 85.22 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 85.22 Mn |
| Mar 31, 2026 | 85.55 Mn |
| Dec 31, 2025 | 95.76 Mn |
| Sep 30, 2025 | 100.77 Mn |
| Jun 30, 2025 | 101.26 Mn |
| Mar 31, 2025 | 98.66 Mn |
| Dec 31, 2024 | 96.59 Mn |
| Sep 30, 2024 | 119.65 Mn |
| Jun 30, 2024 | 92.72 Mn |
| Mar 31, 2024 | 86.53 Mn |
| Dec 31, 2023 | 83.54 Mn |
| Sep 30, 2023 | 83.44 Mn |
| Jun 30, 2023 | 73.78 Mn |
| Mar 31, 2023 | 70.21 Mn |
| Dec 31, 2022 | 61.66 Mn |
| Sep 30, 2022 | 53.96 Mn |
| Jun 30, 2022 | 53.93 Mn |
| Mar 31, 2022 | 43.44 Mn |
| Dec 31, 2021 | 44.79 Mn |
| Sep 30, 2021 | 51.70 Mn |
Golub Capital Bdc Net Investment Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-investment-income&ticker=GBDC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-investment-income", "ticker": "GBDC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-investment-income&ticker=GBDC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();