Kayne Anderson BDC (KBDC) Accumulated Expenses (2021 - 2026)
Kayne Anderson BDC (KBDC) reported Accumulated Expenses of $25.39 million for Q3 2026, up 41.3% from $17.97 million a year earlier but down 2.2% from the prior quarter.
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Analysis
Kayne Anderson BDC (KBDC) Accumulated Expenses (2021 - 2026) Analysis & Trends
At the end of FY2025, Kayne Anderson BDC posted Accumulated Expenses of $22.04 million, up 44.7% from FY2024.
- Accumulated Expenses has increased for four consecutive years, with a four-year compound annual growth rate of 71.8% (FY2021 to FY2025).
- By year, Accumulated Expenses came in at $15.24 million in FY2024 (+27.5%), $11.95 million in FY2023 (+65.9%), $7.2 million in FY2022 (+184.7%) and $2.53 million in FY2021.
- Five-year quarterly Accumulated Expenses spans a low of $2.53 million in Q4 2021 and a high of $25.95 million in Q2 2026.
- Year over year, Accumulated Expenses has now increased in each of the last 18 quarters, with growth averaging 31.7% over the last eight quarters.
- The high point for year-over-year Accumulated Expenses in five years was Q2 2022 (growth of 492.2%); the low point was Q1 2022 (a decline of 99.2%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $25.95 million (Q2 2026), $15.23 million (Q1 2026) and $22.04 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - |
| 10 | Kayne Anderson BDC | 846.81 Mn | 776.51 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 25.39 Mn |
| Jun 30, 2026 | 25.95 Mn |
| Mar 31, 2026 | 15.23 Mn |
| Dec 31, 2025 | 22.04 Mn |
| Sep 30, 2025 | 17.97 Mn |
| Jun 30, 2025 | 18.63 Mn |
| Mar 31, 2025 | 13.91 Mn |
| Dec 31, 2024 | 15.24 Mn |
| Sep 30, 2024 | 13.15 Mn |
| Jun 30, 2024 | 14.57 Mn |
| Mar 31, 2024 | 10.94 Mn |
| Dec 31, 2023 | 11.95 Mn |
| Sep 30, 2023 | 10.60 Mn |
| Jun 30, 2023 | 9.73 Mn |
| Mar 31, 2023 | 6.61 Mn |
| Dec 31, 2022 | 7.20 Mn |
| Sep 30, 2022 | 4.63 Mn |
| Jun 30, 2022 | 4.51 Mn |
| Mar 31, 2022 | 3.00 Mn |
| Dec 31, 2021 | 2.53 Mn |
API Access
Kayne Anderson BDC Accumulated Expenses 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=accumulated-expenses&ticker=KBDC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "KBDC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=KBDC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();