Nuveen Churchill Direct Lending (NCDL) Interest Expenses (2022 - 2026)

Nuveen Churchill Direct Lending has disclosed Interest Expenses across 5 years of filings, most recently posting $17.7 million for Q1 2026.

• Interest Expenses for Q1 2026 came in at $17.7 million, down 14.02% year-over-year; the trailing twelve-month figure through Mar 2026 was $75.0 million (down 10.26% YoY), and the FY2025 annual result was $77.9 million, down 2.48% from the prior year.
• Interest Expenses came in at $17.7 million for Q1 2026 at Nuveen Churchill Direct Lending, down from $17.9 million in the prior quarter.
• In the past five years, Interest Expenses ranged from a high of $23.2 million in Q3 2024 to a low of $3.0 million in Q1 2022.
• The 5-year median for Interest Expenses is $17.7 million (2026), against an average of $15.4 million.
• Across the five-year window, Interest Expenses surged 321.81% in 2023 and fell 17.21% in 2025, its largest moves.
• Nuveen Churchill Direct Lending's Interest Expenses stood at $11.1 million in 2022, then surged by 62.69% to $18.1 million in 2023, then gained by 16.02% to $21.0 million in 2024, then decreased by 14.62% to $17.9 million in 2025, then retreated by 1.1% to $17.7 million in 2026.
• The last three Interest Expenses figures came in at $17.7 million (Q1 2026), $17.9 million (Q4 2025), and $19.2 million (Q3 2025), per Business Quant data.