Nuveen Churchill Direct Lending (NCDL) Change in Accured Expenses (2022 - 2026)
Nuveen Churchill Direct Lending (NCDL) posted Change in Accured Expenses of -$7.0 million for Q1 2026, down 410.95% sequentially from $2.2 million in Q4 2025, and down 11498.33% YoY from N/an in Q1 2025.
Nuveen Churchill Direct Lending (NCDL) Change in Accured Expenses (2022 - 2026) Analysis & Trends
Nuveen Churchill Direct Lending has reported Change in Accured Expenses for 5 years, with the latest figure at -$7.0 million in Q1 2026.
- Quarterly Change in Accured Expenses fell 11498.33% year-over-year to -$7.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$6.7 million (down 470.74% YoY) and the FY2025 annual result came in at $248000.0, down 92.08% from the prior year.
- Change in Accured Expenses eased to -$7.0 million in Q1 2026 per NCDL's latest filing, from $2.2 million in the prior quarter.
- Over five years, Change in Accured Expenses peaked at $7.2 million in Q2 2025 and troughed at -$9.2 million in Q3 2025.
- A 5-year average of $197882.4 and a median of $176000.0 in 2022 frame the typical range for Change in Accured Expenses.
- The sharpest annual moves came in 2025 and 2026: Change in Accured Expenses surged 739.26% in 2025, then slumped 11498.33% in 2026.
- Over 5 years, Change in Accured Expenses stood at $6.3 million in 2022, then sank by 113.36% to -$847000.0 in 2023, then plunged by 194.57% to -$2.5 million in 2024, then soared by 189.7% to $2.2 million in 2025, then sank by 410.95% to -$7.0 million in 2026.
- According to Business Quant data, Change in Accured Expenses over the past three periods registered -$7.0 million, $2.2 million, and -$9.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | -2.06 Bn |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | -244.18 Mn |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | 834.56 Mn |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | - |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | - |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | - |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | 2.71 Bn |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 387.00 Mn |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | 407.00 Mn |
| 10 | Nuveen Churchill Direct Lending | 606.47 Mn | 565.71 Mn | - | 5.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.52 Mn |
| Jun 30, 2026 | 5.52 Mn |
| Mar 31, 2026 | -6.96 Mn |
| Mar 31, 2026 | -6.96 Mn |
| Dec 31, 2025 | 2.24 Mn |
| Dec 31, 2025 | 2.24 Mn |
| Sep 30, 2025 | -9.16 Mn |
| Sep 30, 2025 | -9.16 Mn |
| Jun 30, 2025 | 7.23 Mn |
| Jun 30, 2025 | 7.23 Mn |
| Mar 31, 2025 | -60,000.00 |
| Mar 31, 2025 | -60,000.00 |
| Dec 31, 2024 | -2.50 Mn |
| Dec 31, 2024 | -2.50 Mn |
| Sep 30, 2024 | 5.48 Mn |
| Sep 30, 2024 | 5.48 Mn |
| Jun 30, 2024 | -1.13 Mn |
| Jun 30, 2024 | -1.13 Mn |
| Mar 31, 2024 | 1.28 Mn |
| Mar 31, 2024 | 1.28 Mn |