Golub Capital Bdc (GBDC) Operating Income (2021 - 2026)
Golub Capital Bdc recorded quarterly Operating Income of $85.5 million in Q1 2026, down 10.66% quarter-over-quarter from $95.8 million in Q4 2025, and down 13.29% year-over-year from $98.7 million in Q1 2025.
Golub Capital Bdc's Operating Income history runs 6 years deep, the most recent figure standing at $85.5 million for Q1 2026.
- In Q1 2026, Operating Income fell 13.29% year-over-year to $85.5 million; the TTM figure through Mar 2026 stood at $383.3 million (down 5.88% YoY), while the FY2025 annual figure was $396.8 million, up 3.43% from the prior year.
- Operating Income came in at $85.5 million for Q1 2026 at Golub Capital Bdc, down from $95.8 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $119.6 million in Q3 2024 to a low of $43.4 million in Q1 2022.
- A 5-year average of $82.7 million and a median of $85.5 million in 2026 frame the typical range for Operating Income.
- Across the five-year window, Operating Income jumped 62.15% in 2023 and declined 15.78% in 2025, its largest moves.
- Golub Capital Bdc's Operating Income stood at $63.9 million in 2022, then jumped by 31.59% to $84.0 million in 2023, then rose by 14.37% to $96.1 million in 2024, then retreated by 0.37% to $95.8 million in 2025, then decreased by 10.66% to $85.5 million in 2026.
- According to Business Quant data, Operating Income over the past three periods registered $85.5 million, $95.8 million, and $100.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 2.81 Bn |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | - |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 1.99 Bn |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | - |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 79.00 Mn |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | - |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 901.00 Mn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | - |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | - |
| 10 | Golub Capital Bdc | 3.52 Bn | 3.49 Bn | - | 85.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 96.12 Mn |
| Sep 30, 2024 | 119.65 Mn |
| Jun 30, 2024 | 92.85 Mn |
| Mar 31, 2024 | 87.10 Mn |
| Dec 31, 2023 | 84.04 Mn |
| Sep 30, 2023 | 84.69 Mn |
| Jun 30, 2023 | 73.78 Mn |
| Mar 31, 2023 | 70.44 Mn |
| Dec 31, 2022 | 63.86 Mn |
| Sep 30, 2022 | 54.03 Mn |
| Jun 30, 2022 | 53.93 Mn |
| Mar 31, 2022 | 43.44 Mn |
| Dec 31, 2021 | 44.79 Mn |