Goldman Sachs BDC (GSBD) Operating Income (2021 - 2026)
Goldman Sachs BDC's (GSBD) quarterly Operating Income came in at $24.8 million in Q1 2026, down 51.34% YoY from $50.9 million in Q1 2025, and down 42.47% on a QoQ basis from $43.1 million in Q4 2025.
Goldman Sachs BDC (GSBD) Operating Income (2021 - 2026) Analysis & Trends
Goldman Sachs BDC (GSBD) has 6 years of Operating Income data on file, last reported at $24.8 million in Q1 2026.
- Quarterly Operating Income fell 51.34% year-over-year to $24.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $158.5 million (down 35.39% YoY) and the FY2025 annual result came in at $185.6 million, down 26.51% from the prior year.
- Operating Income declined to $24.8 million in Q1 2026, from $43.1 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $74.5 million in Q3 2023 to a low of $24.8 million in Q1 2026.
- A 5-year average of $55.7 million and a median of $56.6 million in 2024 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2023 — Operating Income advanced 27.87% — and 2026, when it slumped 51.34%.
- Tracing GSBD's Operating Income over 5 years: stood at $69.6 million in 2022, then slipped by 11.17% to $61.8 million in 2023, then slipped by 8.5% to $56.6 million in 2024, then fell by 23.82% to $43.1 million in 2025, then sank by 42.47% to $24.8 million in 2026.
- The last three Operating Income figures came in at $24.8 million (Q1 2026), $43.1 million (Q4 2025), and $46.2 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 176.99 Bn | 163.12 Bn | - | 2.46 Bn |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | - |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | 2.04 Bn |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | - |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | - |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | 5.35 Bn |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | - |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | 1.22 Bn |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | - |
| 10 | Goldman Sachs BDC | 1.12 Bn | 1.12 Bn | - | 43.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 43.06 Mn |
| Mar 31, 2026 | 24.79 Mn |
| Dec 31, 2025 | 43.08 Mn |
| Sep 30, 2025 | 46.22 Mn |
| Jun 30, 2025 | 44.45 Mn |
| Mar 31, 2025 | 50.94 Mn |
| Dec 31, 2024 | 56.55 Mn |
| Sep 30, 2024 | 69.67 Mn |
| Jun 30, 2024 | 68.20 Mn |
| Mar 31, 2024 | 60.86 Mn |
| Dec 31, 2023 | 61.80 Mn |
| Sep 30, 2023 | 74.45 Mn |
| Jun 30, 2023 | 64.50 Mn |
| Mar 31, 2023 | 47.99 Mn |
| Dec 31, 2022 | 69.58 Mn |
| Sep 30, 2022 | 62.02 Mn |
| Jun 30, 2022 | 50.44 Mn |
| Mar 31, 2022 | 50.98 Mn |
| Dec 31, 2021 | 56.36 Mn |
| Sep 30, 2021 | 64.33 Mn |