Nuveen Churchill Direct Lending (NCDL) Investment Income (2022 - 2026)

Nuveen Churchill Direct Lending (NCDL) reported Investment Income of -$11.4 million for Q1 2026, up 8.64% on a YoY basis from -$10.5 million in Q1 2025, and down 98.38% sequentially from -$5.7 million in Q4 2025.

Nuveen Churchill Direct Lending (NCDL) Investment Income (2022 - 2026) Analysis & Trends

Nuveen Churchill Direct Lending (NCDL) has 5 years of Investment Income data on file, last reported at -$11.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Investment Income rose 8.64% year-over-year to -$11.4 million; the trailing twelve-month figure through Mar 2026 stood at -$26.6 million (down 41.85% YoY), and the FY2025 full-year result was -$27.7 million, down 357.11% from the prior year.
  • Investment Income declined to -$11.4 million in Q1 2026, from -$5.7 million in the prior quarter.
  • In the past five years, Investment Income ranged from a high of $5.2 million in Q3 2024 to a low of -$12.5 million in Q2 2022.
  • A 5-year average of -$4.8 million and a median of -$5.0 million in 2023 frame the typical range for Investment Income.
  • Across the five-year window, Investment Income soared 442.23% in 2024 and slumped 4371.82% in 2025, its largest moves.
  • Tracing NCDL's Investment Income over 5 years: stood at -$7.0 million in 2022, then soared by 141.3% to $2.9 million in 2023, then tumbled by 124.55% to -$707000.0 in 2024, then sank by 709.76% to -$5.7 million in 2025, then plunged by 98.38% to -$11.4 million in 2026.
  • Business Quant data shows NCDL's Investment Income at -$11.4 million in Q1 2026, -$5.7 million in Q4 2025, and -$2.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inv. Income (Qtr)
1 Brookfield 1,267.50 Bn 1,222.91 Bn 18.56 Bn -
2 BlackRock 164.54 Bn 151.40 Bn - -
3 Blackstone 104.80 Bn 102.35 Bn - -
4 Brookfield Asset Management 76.51 Bn 75.46 Bn - -
5 Apollo Global Management 74.17 Bn 74.17 Bn -409.00 Mn -
6 State Street 51.60 Bn 51.60 Bn - -
7 Ameriprise Financial 50.17 Bn 40.90 Bn 4.57 Bn -
8 Raymond James Financial 33.99 Bn 19.03 Bn - -
9 Northern Trust 33.76 Bn 33.76 Bn - -
10 Nuveen Churchill Direct Lending 609.93 Mn 607.19 Mn - -11.36 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -11.36 Mn
Dec 31, 2025 -5.73 Mn
Sep 30, 2025 -2.73 Mn
Jun 30, 2025 -6.84 Mn
Mar 31, 2025 -12.43 Mn
Dec 31, 2024 -707,000.00
Sep 30, 2024 5.15 Mn
Jun 30, 2024 -10.80 Mn
Mar 31, 2024 291,000.00
Dec 31, 2023 2.88 Mn
Sep 30, 2023 -1.51 Mn
Jun 30, 2023 -4.40 Mn
Mar 31, 2023 -5.04 Mn
Dec 31, 2022 -6.97 Mn
Sep 30, 2022 -6.43 Mn
Jun 30, 2022 -12.45 Mn
Mar 31, 2022 -2.35 Mn