Golub Capital Bdc (GBDC) Operating Expenses (2021 - 2026)

Golub Capital Bdc has disclosed Operating Expenses across 6 years of filings, most recently posting $102.6 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at $102.6 million, down 10.97% year-over-year; the trailing twelve-month figure through Mar 2026 was $448.0 million (up 7.22% YoY), and the FY2025 annual result was $474.0 million, up 38.98% from the prior year.
• Operating Expenses came in at $102.6 million for Q1 2026 at Golub Capital Bdc, down from $111.2 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $124.6 million in Q4 2024 to a low of $41.7 million in Q2 2022.
• The 5-year median for Operating Expenses is $82.3 million (2024), against an average of $87.6 million.
• Across the five-year window, Operating Expenses jumped 94.11% in 2023 and slipped 10.97% in 2026, its largest moves.
• Golub Capital Bdc's Operating Expenses stood at $73.0 million in 2022, then rose by 10.57% to $80.7 million in 2023, then soared by 54.31% to $124.6 million in 2024, then decreased by 10.7% to $111.2 million in 2025, then fell by 7.79% to $102.6 million in 2026.
• The last three Operating Expenses figures came in at $102.6 million (Q1 2026), $111.2 million (Q4 2025), and $117.1 million (Q3 2025), per Business Quant data.