Goldman Sachs BDC (GSBD) Net Income (2021 - 2025)
Goldman Sachs BDC (GSBD) posted Net Income of $24.71 million for Q3 2025, down 33.4% from $37.08 million a year earlier and down 37.1% from the prior quarter.
Goldman Sachs BDC (GSBD) Net Income (2021 - 2025) Analysis & Trends
For the trailing twelve months through Sep 30, 2025, Net Income at Goldman Sachs BDC was $133.09 million, up 75.4% year-over-year; for FY2024, it came in at $62.87 million, down 67.9% from FY2023.
- Annual Net Income shows a four-year compound annual growth rate of -22.7% (FY2020 to FY2024).
- In prior years, Goldman Sachs BDC's Net Income was $195.87 million in FY2023 (+256.1%), $55 million in FY2022 (-71.4%), $192.43 million in FY2021 (+9.3%) and $176.11 million in FY2020.
- The Q3 2025 figure stands as the lowest quarterly Net Income since Q2 2024.
- On a year-over-year basis, Net Income increased in 1 of the last five quarters, with an average decline of 12.3%.
- The strongest year-over-year quarter for Net Income in the past five years was Q2 2023, with growth of 251.6%; the weakest was Q4 2022, with a decline of 90.6%.
- According to Business Quant data, Net Income for the three prior quarters was $39.29 million (Q2 2025), $31.55 million (Q1 2025) and $37.55 million (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 229.00 Mn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 1.79 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 81.49 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 3.98 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 1.62 Bn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 885.00 Mn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 237.56 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 827.77 Mn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Goldman Sachs BDC | 1.02 Bn | 1.02 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 24.71 Mn |
| Jun 30, 2025 | 39.29 Mn |
| Mar 31, 2025 | 31.55 Mn |
| Dec 31, 2024 | 37.55 Mn |
| Sep 30, 2024 | 37.08 Mn |
| Jun 30, 2024 | -54.21 Mn |
| Mar 31, 2024 | 42.45 Mn |
| Dec 31, 2023 | 50.55 Mn |
| Sep 30, 2023 | 51.60 Mn |
| Jun 30, 2023 | 65.66 Mn |
| Mar 31, 2023 | 28.06 Mn |
| Dec 31, 2022 | 3.67 Mn |
| Sep 30, 2022 | -7.50 Mn |
| Jun 30, 2022 | 18.68 Mn |
| Mar 31, 2022 | 40.16 Mn |
| Dec 31, 2021 | 38.95 Mn |
| Sep 30, 2021 | 38.03 Mn |
Goldman Sachs BDC Net 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-income&ticker=GSBD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "ticker": "GSBD", "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-income&ticker=GSBD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();