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| Date | Value |
|---|---|
| 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 |