Growth Metrics

Golub Capital Bdc (GBDC) Operating Expenses (2021 - 2025)

Golub Capital Bdc's Operating Expenses history spans 5 years, with the latest figure at $111.2 million for Q4 2025.

  • For Q4 2025, Operating Expenses fell 10.7% year-over-year to $111.2 million; the TTM value through Dec 2025 reached $460.6 million, up 18.1%, while the annual FY2025 figure was $474.0 million, 38.98% up from the prior year.
  • Operating Expenses for Q4 2025 was $111.2 million at Golub Capital Bdc, down from $117.1 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $124.6 million in Q4 2024 and bottomed at $39.8 million in Q2 2022.
  • The 5-year median for Operating Expenses is $80.7 million (2023), against an average of $84.3 million.
  • The largest annual shift saw Operating Expenses surged 103.4% in 2023 before it decreased 10.7% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $41.8 million in 2021, then surged by 74.77% to $73.0 million in 2022, then grew by 10.57% to $80.7 million in 2023, then skyrocketed by 54.31% to $124.6 million in 2024, then fell by 10.7% to $111.2 million in 2025.
  • Per Business Quant, the three most recent readings for GBDC's Operating Expenses are $111.2 million (Q4 2025), $117.1 million (Q3 2025), and $117.1 million (Q2 2025).