Goldman Sachs BDC (GSBD) Operating Leases (2023 - 2026)
Goldman Sachs BDC (GSBD) recorded quarterly Operating Leases of $12.4 million in Q1 2026, up 223.57% on a QoQ basis from $3.8 million in Q4 2025, and up 82.8% YoY from $6.8 million in Q1 2025.
Analysis
Goldman Sachs BDC (GSBD) Operating Leases (2023 - 2026) Analysis & Trends
Goldman Sachs BDC (GSBD) has reported Operating Leases for 4 consecutive years, with $12.4 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Operating Leases rose 82.8% year-over-year to $12.4 million; the trailing twelve-month figure through Mar 2026 stood at $12.4 million (up 82.8% YoY), and the FY2025 full-year result was $3.8 million, down 39.27% from the prior year.
- Operating Leases was $12.4 million for Q1 2026 at Goldman Sachs BDC, up from $3.8 million in the prior quarter.
- The five-year high for Operating Leases was $13.0 million in Q4 2023, with the low at $3.8 million in Q4 2025.
- Historically, Operating Leases has averaged $8.6 million across 4 years, with a median of $7.8 million in 2025.
- Annual changes were most pronounced in 2024 — Operating Leases slumped 51.46% — and 2026, when it soared 82.8%.
- Tracing GSBD's Operating Leases over 4 years: stood at $13.0 million in 2023, then slumped by 51.46% to $6.3 million in 2024, then tumbled by 39.27% to $3.8 million in 2025, then soared by 223.57% to $12.4 million in 2026.
- Per Business Quant data, the three most recent Operating Leases figures were $12.4 million in Q1 2026, $3.8 million in Q4 2025, and $7.1 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ares Capital | 14.09 Bn | 13.71 Bn | - |
| 2 | Blackstone Secured Lending Fund | 5.66 Bn | 5.39 Bn | - |
| 3 | Blue Owl Capital | 5.49 Bn | 5.25 Bn | - |
| 4 | Main Street Capital | 5.24 Bn | 5.18 Bn | - |
| 5 | Blue Owl Technology Finance | 4.96 Bn | 4.75 Bn | - |
| 6 | Hercules Capital | 4.66 Bn | 4.61 Bn | - |
| 7 | FS KKR Capital | 3.34 Bn | 3.23 Bn | - |
| 8 | Golub Capital Bdc | 3.30 Bn | 3.25 Bn | - |
| 9 | PennantPark Floating Rate Capital | 2.49 Bn | -118.08 Mn | - |
| 10 | Goldman Sachs BDC | 1.08 Bn | 1.08 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 12.44 Mn |
| Dec 31, 2025 | 3.84 Mn |
| Sep 30, 2025 | 7.05 Mn |
| Jun 30, 2025 | 8.53 Mn |
| Mar 31, 2025 | 6.80 Mn |
| Dec 31, 2024 | 6.33 Mn |
| Mar 31, 2024 | 10.88 Mn |
| Dec 31, 2023 | 13.04 Mn |