Goldman Sachs BDC (GSBD) Non Operating Investment Income (2021 - 2026)

Goldman Sachs BDC (GSBD) recorded quarterly Non Operating Investment Income of -$38.4 million in Q1 2026, down 107.43% on a QoQ basis from -$18.5 million in Q4 2025, and down 113.45% year-over-year from $285.4 million in Q1 2025.

Goldman Sachs BDC (GSBD) Non Operating Investment Income (2021 - 2026) Analysis & Trends

Goldman Sachs BDC has disclosed Non Operating Investment Income across 6 years of filings, most recently posting -$38.4 million for Q1 2026.

  • Quarterly Non Operating Investment Income fell 113.45% year-over-year to -$38.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$82.6 million (up 56.31% YoY) and the FY2025 annual result came in at -$62.2 million, up 67.17% from the prior year.
  • Non Operating Investment Income slipped to -$38.4 million in Q1 2026, from -$18.5 million in the prior quarter.
  • Over five years, Non Operating Investment Income peaked at $1.3 million in Q2 2023 and troughed at -$121.4 million in Q2 2024.
  • A 5-year average of -$30.2 million and a median of -$19.5 million in 2023 frame the typical range for Non Operating Investment Income.
  • Annual changes were most pronounced in 2023 — Non Operating Investment Income soared 104.29% — and 2024, when it tumbled 9213.51%.
  • Tracing GSBD's Non Operating Investment Income over 5 years: stood at -$63.7 million in 2022, then jumped by 82.36% to -$11.2 million in 2023, then tumbled by 67.93% to -$18.9 million in 2024, then grew by 1.89% to -$18.5 million in 2025, then sank by 107.43% to -$38.4 million in 2026.
  • Business Quant data shows GSBD's Non Operating Investment Income at -$38.4 million in Q1 2026, -$18.5 million in Q4 2025, and -$20.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Operating Investment Income (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 72.00 Mn
2 Blackstone 96.85 Bn 95.80 Bn - 1.14 Bn
3 Kkr 86.45 Bn 133.96 Bn - -652.70 Mn
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn -15.00 Mn
5 State Street 46.95 Bn 21.27 Bn - 1.00 Mn
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn -
7 Northern Trust 31.92 Bn 31.92 Bn - -
8 Raymond James Financial 30.62 Bn 19.37 Bn - -
9 Ares Management 29.04 Bn 32.41 Bn - -9.78 Mn
10 Goldman Sachs BDC - - - -38.40 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -38.40 Mn
Mar 31, 2026 -38.40 Mn
Dec 31, 2025 -18.51 Mn
Dec 31, 2025 -18.51 Mn
Sep 30, 2025 -20.56 Mn
Sep 30, 2025 -20.56 Mn
Jun 30, 2025 -5.16 Mn
Jun 30, 2025 -5.16 Mn
Mar 31, 2025 -17.99 Mn
Mar 31, 2025 -17.99 Mn
Dec 31, 2024 -18.87 Mn
Dec 31, 2024 -18.87 Mn
Sep 30, 2024 -30.87 Mn
Sep 30, 2024 -30.87 Mn
Jun 30, 2024 -121.39 Mn
Jun 30, 2024 -121.39 Mn
Mar 31, 2024 -18.38 Mn
Mar 31, 2024 -18.38 Mn
Dec 31, 2023 -11.24 Mn
Dec 31, 2023 -11.24 Mn