MidCap Financial Investment (MFIC) PIK Interest Income (2016 - 2026)
MidCap Financial Investment's PIK Interest Income was $2.88 million in Q3 2026, down 31.3% from $4.19 million a year earlier and down 32.1% from the prior quarter.
MidCap Financial Investment (MFIC) PIK Interest Income (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, MidCap Financial Investment's PIK Interest Income was $15.51 million through Sep 30, 2026, down 11.7% year-over-year; for FY2025, it came in at $17.9 million, up 47.3% from FY2024.
- PIK Interest Income has now increased for three consecutive years, with a five-year compound annual growth rate of 19.9% (FY2020 to FY2025).
- In earlier years, PIK Interest Income was $12.15 million in FY2024 (+304.2%), $3.01 million in FY2023 (+12.9%), $2.66 million in FY2022 and $5.45 million in FY2021 (-24.4%).
- The Q3 2026 figure marks the lowest quarterly PIK Interest Income since Q2 2024.
- Compared with a year earlier, PIK Interest Income has declined for three straight quarters, with growth averaging 25.4% over the last seven quarters.
- The best year-over-year quarter for PIK Interest Income over five years was Q3 2024 (growth of 520.9%); the worst was Q3 2026 (a decline of 31.3%).
- Per Business Quant data, MFIC's PIK Interest Income in the three quarters before Q3 2026 was $4.25 million (Q2 2026), $3.37 million (Q1 2026) and $5.01 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PIK Income (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 | - | 58.00 Mn |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | - |
| 10 | MidCap Financial Investment | 838.55 Mn | 597.08 Mn | - | 2.88 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.88 Mn |
| Jun 30, 2026 | 4.25 Mn |
| Mar 31, 2026 | 3.37 Mn |
| Dec 31, 2025 | 5.01 Mn |
| Sep 30, 2025 | 4.19 Mn |
| Jun 30, 2025 | 5.17 Mn |
| Mar 31, 2025 | 3.52 Mn |
| Dec 31, 2024 | 4.68 Mn |
| Sep 30, 2024 | 2.97 Mn |
| Jun 30, 2024 | 2.47 Mn |
| Mar 31, 2024 | 2.03 Mn |
| Sep 30, 2023 | 479,000.00 |
| Jun 30, 2023 | 812,000.00 |
| Mar 31, 2023 | 784,000.00 |
| Sep 30, 2022 | 856,000.00 |
| Jun 30, 2022 | 955,000.00 |
| Mar 31, 2022 | 625,000.00 |
| Dec 31, 2021 | 629,000.00 |
| Sep 30, 2021 | 1.53 Mn |
| Jun 30, 2021 | 1.20 Mn |
MidCap Financial Investment PIK Interest Income 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=pik-interest-income&ticker=MFIC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "pik-interest-income", "ticker": "MFIC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=pik-interest-income&ticker=MFIC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();