Chicago Atlantic BDC (LIEN) Operating Income (2022 - 2025)

Chicago Atlantic BDC (LIEN) reported Operating Income of $8.3 million for Q4 2025, up 3.46% year-over-year from $8.0 million in Q4 2024, and down 12.9% on a QoQ basis from $9.5 million in Q3 2025.

Chicago Atlantic BDC (LIEN) has 4 years of Operating Income data on file, last reported at $8.3 million in Q4 2025.

  • Quarterly Operating Income rose 3.46% year-over-year to $8.3 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $33.1 million (up 249.92% YoY) and the FY2025 annual result came in at $33.1 million, up 249.92% from the prior year.
  • Operating Income fell to $8.3 million in Q4 2025 per LIEN's latest filing, from $9.5 million in the prior quarter.
  • Across five years, Operating Income topped out at $9.5 million in Q3 2025 and bottomed at -$215531.0 in Q1 2022.
  • The 4-year median for Operating Income is $1.7 million (2023), against an average of $3.5 million.
  • The widest annual swing landed in 2024, when Operating Income sank 99.1%; it then surged 65301.88% in 2025.
  • Tracing LIEN's Operating Income over 4 years: stood at $3.7 million in 2022, then sank by 52.75% to $1.7 million in 2023, then surged by 358.78% to $8.0 million in 2024, then advanced by 3.46% to $8.3 million in 2025.
  • Per Business Quant, the three latest LIEN Operating Income figures stand at $8.3 million (Q4 2025), $9.5 million (Q3 2025), and $7.7 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 2.81 Bn
2 Blackstone 92.68 Bn 91.63 Bn - -
3 Kkr 84.94 Bn 132.45 Bn - 1.99 Bn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - -
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 79.00 Mn
6 State Street 44.42 Bn 18.75 Bn - -
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 901.00 Mn
8 Northern Trust 31.21 Bn 31.21 Bn - -
9 Ares Management 28.85 Bn 32.22 Bn - -
10 Chicago Atlantic BDC 226.72 Mn 223.82 Mn 14.07 Mn 8.27 Mn

Historic Data

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DateValue
Dec 31, 2025 8.27 Mn
Sep 30, 2025 9.49 Mn
Jun 30, 2025 7.66 Mn
Mar 31, 2025 7.65 Mn
Dec 31, 2024 7.99 Mn
Sep 30, 2024 14,512.00
Jun 30, 2024 1.53 Mn
Mar 31, 2024 -79,809.00
Dec 31, 2023 1.74 Mn
Sep 30, 2023 1.62 Mn
Jun 30, 2023 1.90 Mn
Dec 31, 2022 3.69 Mn
Sep 30, 2022 550,415.00
Jun 30, 2022 221,245.00
Mar 31, 2022 -215,531.00