KPIs & Operating Metrics(New)

Goldman Sachs BDC (GSBD) Retained Earnings (2021 - 2026)

Goldman Sachs BDC (GSBD) reported Retained Earnings of -$509.7 million for Q1 2026, down 27.94% year-on-year from -$707.3 million in Q1 2025, and down 11.61% quarter-over-quarter from -$456.7 million in Q4 2025.

Goldman Sachs BDC (GSBD) has 6 years of Retained Earnings data on file, last reported at -$509.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Retained Earnings fell 27.94% year-over-year to -$509.7 million; the trailing twelve-month figure through Mar 2026 stood at -$509.7 million (down 27.94% YoY), and the FY2025 full-year result was -$456.7 million, down 22.22% from the prior year.
  • Retained Earnings for Q1 2026 stood at -$509.7 million, down from -$456.7 million in the prior quarter.
  • Across five years, Retained Earnings topped out at -$141.7 million in Q3 2022 and bottomed at -$509.7 million in Q1 2026.
  • A 5-year average of -$317.3 million and a median of -$339.3 million in 2024 frame the typical range for Retained Earnings.
  • Across the five-year window, Retained Earnings slumped 274.76% in 2022 and dropped 2.28% in 2024, its largest moves.
  • Tracing GSBD's Retained Earnings over 5 years: stood at -$206.2 million in 2022, then fell by 8.91% to -$224.6 million in 2023, then sank by 66.39% to -$373.7 million in 2024, then declined by 22.22% to -$456.7 million in 2025, then declined by 11.61% to -$509.7 million in 2026.
  • According to Business Quant data, Retained Earnings over the past three periods registered -$509.7 million, -$456.7 million, and -$454.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 39.18 Bn
2 Blackstone 92.68 Bn 91.63 Bn - -15.77 Mn
3 Kkr 84.94 Bn 132.45 Bn - 14.08 Bn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 180.00 Mn
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 5.16 Bn
6 State Street 44.42 Bn 18.75 Bn - -
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 28.43 Bn
8 Northern Trust 31.21 Bn 31.21 Bn - 17.07 Bn
9 Ares Management 28.85 Bn 32.22 Bn - -1.66 Bn
10 Goldman Sachs BDC - - - -509.73 Mn

Historic Data

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DateValue
Mar 31, 2026 -509.73 Mn
Dec 31, 2025 -456.70 Mn
Sep 30, 2025 -454.35 Mn
Jun 30, 2025 -420.86 Mn
Mar 31, 2025 -398.42 Mn
Dec 31, 2024 -373.67 Mn
Sep 30, 2024 -354.96 Mn
Jun 30, 2024 -339.32 Mn
Mar 31, 2024 -232.57 Mn
Dec 31, 2023 -224.58 Mn
Sep 30, 2023 -208.70 Mn
Jun 30, 2023 -210.99 Mn
Mar 31, 2023 -227.40 Mn
Dec 31, 2022 -206.20 Mn
Sep 30, 2022 -141.72 Mn
Dec 31, 2021 -55.02 Mn