Growth Metrics

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

Golub Capital Bdc (GBDC) has disclosed Operating Expenses for 5 consecutive years, with $111.2 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses fell 10.7% to $111.2 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $460.6 million through Dec 2025, up 11.75% year-over-year, with the annual reading at $474.0 million for FY2025, 28.67% up from the prior year.
  • Operating Expenses hit $111.2 million in Q4 2025 for Golub Capital Bdc, down from $117.1 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.
  • Historically, Operating Expenses has averaged $85.7 million across 5 years, with a median of $80.9 million in 2023.
  • Biggest five-year swings in Operating Expenses: soared 94.11% in 2023 and later fell 10.7% in 2025.
  • Year by year, Operating Expenses stood at $41.8 million in 2021, then soared by 74.77% to $73.0 million in 2022, then increased by 10.57% to $80.7 million in 2023, then surged by 54.31% to $124.6 million in 2024, then dropped by 10.7% to $111.2 million in 2025.
  • Business Quant data shows Operating Expenses for GBDC at $111.2 million in Q4 2025, $117.1 million in Q3 2025, and $117.1 million in Q2 2025.