Kayne Anderson BDC (KBDC) Operating Income (2021 - 2026)
Kayne Anderson BDC's (KBDC) quarterly Operating Income came in at -$28.4 million in Q1 2026, down 7.26% year-on-year from -$30.7 million in Q1 2025, and up 10.56% on a QoQ basis from -$31.8 million in Q4 2025.
Kayne Anderson BDC (KBDC) Operating Income (2021 - 2026) Analysis & Trends
Kayne Anderson BDC (KBDC) has 6 years of Operating Income data on file, last reported at -$28.4 million in Q1 2026.
- On a quarterly basis, Operating Income fell 7.26% year-over-year to -$28.4 million in Q1 2026; TTM through Mar 2026 was -$62.8 million, a 134.28% decrease from a year earlier, with the FY2025 full-year figure at -$118.2 million, down 191.44% from the prior year.
- Operating Income for Q1 2026 stood at -$28.4 million, up from -$31.8 million in the prior quarter.
- Over the last five years, Operating Income for KBDC reached as high as $190.8 million in Q4 2024 and fell as low as -$138.6 million in Q4 2023.
- Historically, Operating Income has averaged -$3.2 million across 5 years, with a median of -$18.1 million in 2024.
- On a YoY basis, Operating Income climbed as much as 276.35% in 2022 and fell as far as 1400.02% in 2022.
- Year by year, Operating Income stood at -$59.2 million in 2022, then plunged by 133.91% to -$138.6 million in 2023, then surged by 237.68% to $190.8 million in 2024, then tumbled by 116.66% to -$31.8 million in 2025, then rose by 10.56% to -$28.4 million in 2026.
- Per Business Quant data, the three most recent Operating Income figures were -$28.4 million in Q1 2026, -$31.8 million in Q4 2025, and -$31.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | 32.70 Bn |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 2.81 Bn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | - |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 54.00 Mn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | - |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 901.00 Mn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | - |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 680.50 Mn |
| 10 | Kayne Anderson BDC | 896.38 Mn | 896.38 Mn | - | -28.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -28.43 Mn |
| Dec 31, 2025 | -31.79 Mn |
| Sep 30, 2025 | -31.33 Mn |
| Jun 30, 2025 | 28.71 Mn |
| Mar 31, 2025 | -26.50 Mn |
| Dec 31, 2024 | 190.79 Mn |
| Sep 30, 2024 | 37.05 Mn |
| Jun 30, 2024 | -18.06 Mn |
| Mar 31, 2024 | -22.69 Mn |
| Dec 31, 2023 | -138.57 Mn |
| Sep 30, 2023 | 21.37 Mn |
| Jun 30, 2023 | -19.01 Mn |
| Mar 31, 2023 | 19.28 Mn |
| Dec 31, 2022 | -59.24 Mn |
| Sep 30, 2022 | 11.23 Mn |
| Jun 30, 2022 | 7.14 Mn |
| Mar 31, 2022 | 6.21 Mn |
| Dec 31, 2021 | 4.56 Mn |
| Sep 30, 2021 | 2.99 Mn |